$152,096 EMV

3 Beds   1 Bath   1,012 Sq. Ft.
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W 3rd St
Waterloo, IA 50701

Overview

This is located at W 3rd St, Waterloo, IA 50701. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 3 Beds, 1 Bath , 1,012 sqft of living space.
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Status: Inactive
Listing ID: 59246884

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Rental Chart
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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,012
  • Year Built: 1938
  • Source ID: 21836581
  • Day(s) On Site: 62
  • Subdivision: HOME PARK ADD
  • Plaintiff: PHH MORTGAGE CORPORATION
  • Defendant Name: PURDY DANIEL W
  • Trustee Name: EMILY BARTEKOSKE
  • Trustee Address: 1401 50th St Ste 100
  • Trustee City: WEST DES MOINES
  • Trustee State: IA
  • Trustee Zip: 50266
  • Trustee Phone: (515) 223-7325
  • Deed Category: NFS
  • Mortgage Balance: $85,838
  •  

Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • Rooms: 6
  • Parking: DETACHED FRAME GARAGE
  • Parking Sqft: 216
  • Air Conditioning: YES
  • Fireplaces: 1 STORY
  • Foundation Type: CONCRETE BLOCK
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 6,100
  • Year Built: 1938
  • APN: 8913-27-481-002
  • Property Type: Single Family Residence
  • Front Footage: 50
  • Depth Footage: 122
  • Living Sqft: 1,012
  • Garage: DETACHED FRAME
  • Style: A-FRAME
  • Subdivision: HOME PARK ADD
  •  

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: 03-08-2023
  • Auction Time: 10:30 AM
  • Auction Address: 316 East 5th Street
  • Auction City: Waterloo

    Loan Information

  • Mortgage Balance: $85,838

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Rental Value

The estimated rental value for W 3rd St located in Waterloo, IA is $1,378/month. Comparable homes around W 3rd St that are rentals have monthly ranges starting as low as $1,131 per month and as high as $1,530 per month. An owner looking to use this property as an investment could bring a return in the area of $1,131 - $1,530 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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Homes On This Street
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W 3rd St
Waterloo, IA 50701

3 Beds   1 Bath   1,012 sq. ft.

$152,096 EMV

Status: Inactive Listing ID: 59246884

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-3rd-St-Waterloo-IA-50701/59246884_lid

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