$94,900

3 Beds   3 Baths   2,225 Sq. Ft.   Single-Family
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W 4th Ave
Red Springs, NC 28377

Potential Profit

$54,304

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Status: Inactive
Listing ID: 57802287

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Property Information

  • Price: $94,900
  • Bedrooms: 3
  • Bathrooms: 3
  • Full Baths: 2
  • Living Area Size: 2,225
  • Total Rooms: 8
  • Lot Size: 0.39 acre
  • Style: Other
  • Exterior: Vinyl Siding
  • Fireplace: Yes
  • Roof: Composition Shingle
  • Flooring: Wood
  • Year Built: 1960
  • Day(s) On Site: 70
  • Property Type: Single Family Dwelling
  •  

Potential Home Value

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Current Value
$94,900
Potential Value
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Public Records

  • Bedrooms: 5
  • Baths: 3
  • Full Baths: 3
  • Rooms: 10
  • No. of Stories: 1
  • Fireplaces: YES
  • Exterior Wall Type: BRICK
  • Heating Type: CENTRAL
  • Land Area Sqft: 43,560
  • Year Built: 1960
  • APN: 3611-03-039
  • Property Type: Single Family Residence
  • Township: BRITTS
  • Front Footage: 113
  • Depth Footage: 175
  • Living Sqft: 2,373
  • Style: CONVENTIONAL
  •  

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 W 4th Ave located in Red Springs, NC is $1,160/month. Comparable homes around W 4th Ave that are rentals have monthly ranges starting as low as $1,072 per month and as high as $1,281 per month. An owner looking to use this property as an investment could bring a return in the area of $1,072 - $1,281 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
11/04/21 03/22/22 Foreclosure

Red Springs, NC
Home Inspectors
Felix Home Inspection
Jorge Felix
9105366360
Homes On This Street
View more homes on W 4th Ave
foreclosure.com

W 4th Ave
Red Springs, NC 28377

3 Beds   3 Baths   2,225 sq. ft.   Single-Family

$94,900

Status: Inactive Listing ID: 57802287

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-4th-Ave-Red-Springs-NC-28377/57802287_lid

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