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Wabada Ave
Saint Louis, MO 63112

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Status: Inactive
Listing ID: 59764946
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Learn about Wabada Ave in Saint Louis, MO

This multi-family property is available as a short sale at Wabada Ave. Based on our analysis of the current market conditions in Saint Louis for Wabada Ave and comparable listings, the estimated market value is $158,610. The property located at multi-family has potential equity of $178,591. If purchased for rental purposes, the monthly rental rate could range between $850 and $1,271. For those interested in resale, the estimated profit from selling is $178,591. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Wabada Ave are updated daily along with others in Saint Louis, Missouri.

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Property Information

  • Price: $35,999
  • Lot Size: 0.07 acres
  • Heating Type: Central Furnace
  • Air Conditioning: Central A/C
  • Source ID: 22008568
  • Day(s) On Site: 105
  • Subdivision: Mount Auburn Add
  • School District: St. Louis City
  • Elementary School: Laclede Elem.
  • Senior High School: Sumner High
  • Junior High School: Langston Middle, Langston Middle
  • Property Type: Multi Family Dwelling

Short Sale

The property located at Wabada Ave in Saint Louis, MO is listed as a Short Sale

Short sale properties like Wabada Ave in Saint Louis, Missouri represent tremendous opportunity to you as a buyer because they are aggressively priced to sell well below or just at fair market value. Existing homeowners are typically distressed and eager to sell for less than what is owed on their mortgages. They are "underwater" and either can no longer afford their mortgage payments or are simply unwilling to continue to make them for various reasons.

First Steps to Buying a Short Sale

Short sales often present opportunities for real estate investors to purchase property at below market prices. A short sale occurs when the mortgage lender on a property agrees to give a release for less than the amount owed on the loan. This usually occurs when the loan on the property becomes delinquent and is headed toward foreclosure. An alert property owner who knows he is facing foreclosure is well advised to keep an open line of communication with his lender. And the lender is well advised to keep an open mind to the consequences of a loan default and the benefits of agreeing to a short sale. When the lender and property owner can agree on a short sale price, the owner can advertise that the property is a short sale and can list it accordingly. Such listings attract a lot of attention and can expedite the sale of the property.


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Rental Value

The estimated rental value for Wabada Ave located in Saint Louis, MO is $1,092/month. Comparable homes around Wabada Ave that are rentals have monthly ranges starting as low as $850 per month and as high as $1,271 per month. An owner looking to use this property as an investment could bring a return in the area of $850 - $1,271 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
05/26/22 06/04/22 Preforeclosure

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Wabada Ave
Saint Louis, MO 63112



Status: Inactive Listing ID: 59764946

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