$169,900

3 Beds   1 Bath   Single-Family
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Van Riper St
Flat Rock, MI 48134

Overview

This Single-Family Foreclosure is located at Van Riper St, Flat Rock, MI 48134. It has 3 Beds, 1 Bath. This property is currently bank owned with an estimated market value of $125,235.
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Status: Inactive
Listing ID: 57972593

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Property Information

  • Price: $169,900
  • Bedrooms: 3
  • Bathrooms: 1
  • Full Baths: 1
  • Basement: Yes
  • Total Square Feet: 904
  • Lot Size: 0.19 acres
  • Style: Bungalow
  • Heating Type: Forced Air
  • Year Built: 1942
  • Comments: Listing Status: Pending
  • Source ID: 2220039669
  • Day(s) On Site: 87
  • Subdivision: VAN RIPER SUB
  • School District: Flat Rock
  • Property Type: Single Family Dwelling

Potential Home Value

This property has untapped potential!

Current Value
$169,900
Potential Value
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Public Records

  • Land Area Sqft: 8,232
  • APN: 58-135-04-0016-000
  • Property Type: Single Family Residence
  • Township: FLAT ROCK
  • Front Footage: 50
  • Depth Footage: 165
  • Subdivision: VAN RIPER
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Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Van Riper St located in Flat Rock, MI is $1,141/month. Comparable homes around Van Riper St that are rentals have monthly ranges starting as low as $973 per month and as high as $1,370 per month. An owner looking to use this property as an investment could bring a return in the area of $973 - $1,370 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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Van Riper St
Flat Rock, MI 48134

3 Beds   1 Bath   Single-Family

$169,900

Status: Inactive Listing ID: 57972593

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Van-Riper-St-Flat-Rock-MI-48134/57972593_lid

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