$64,896 EMV

4 Beds   1 Bath   1,618 Sq. Ft.   Single-Family
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W 29th St
Lorain, OH 44055

Status: Inactive
Listing ID: 57887256

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Property Information

  • Bedrooms: 4
  • Bathrooms: 1
  • Living Area Size: 1,618
  • Total Rooms: 7
  • Lot Size: 0.15 acres
  • Levels: 2
  • Heating Type: Baseboard
  • Year Built: 1900
  • Source ID: 21504270
  • Estimated Value: $44,259
  • Day(s) On Site: 52
  • Subdivision: MOREHOUSE & FOSTER
  • Assessed Value: $21,070
  • Parcel Number: 0201003203008
  • Property Type: Single Family Dwelling
  • Plaintiff: DANIEL TALAREK
  • Defendant Name: INES NIEVES
  • Case Number: 22TX007883
  • Last Sale Amount: $42,000
  • Last Sale Date: 06-30-1997
  • Trustee Name: KATHERINE L KEEFER
  • Trustee Address: 225 COURT ST FL 3
  • Trustee City: ELYRIA
  • Trustee State: OH
  • Trustee Zip: 44035
  • Trustee Reference Number: 22001291
  • Deed Category: NFS
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Potential Home Value

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Public Records

  • Bedrooms: 4
  • Baths: 1
  • Full Baths: 1
  • Rooms: 7
  • No. of Stories: 2
  • Basement Sqft: 820
  • Air Conditioning: YES
  • Exterior Wall Type: WOOD/ALUMINUM
  • Heating Fuel: GAS
  • Heating Type: BASEBOARD
  • Land Area Sqft: 6,534
  • Effective Year Built: 1924
  • Year Built: 1900
  • APN: 02-01-003-203-008
  • Property Type: Single Family Residence
  • Township: LORAIN CITY TWP
  • Front Footage: 50
  • Depth Footage: 133
  • Living Sqft: 1,618
  • Style: COLONIAL
  • Subdivision: MOREHOUSE & FOSTER
  •  

Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

  • Auction Date: 06-22-2022
  • Auction Time: 10:00 AM
  • Auction Address: 226 MIDDLE AVE
  • Auction City: ELYRIA

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Rental Value

The estimated rental value for W 29th St located in Lorain, OH is $840/month. Comparable homes around W 29th St that are rentals have monthly ranges starting as low as $710 per month and as high as $970 per month. An owner looking to use this property as an investment could bring a return in the area of $710 - $970 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.

Listing History

Start Date End Date Listing Type Bank Name
05/05/22   Preforeclosure LORAIN COUNTY TREASURER
07/08/13 07/31/13 Preforeclosure

Lorain, OH
Home Inspectors
Ross Cumberledge
440-822-8285
King Home Inspection, LLC
Brian "B.K." Thompson
216-533-2812
Homes On This Street
View more homes on W 29th St
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W 29th St
Lorain, OH 44055

4 Beds   1 Bath   1,618 sq. ft.   Single-Family

$64,896 EMV

Status: Inactive Listing ID: 57887256

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=W-29th-St-Lorain-OH-44055/57887256_lid

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