$55,165 EMV

3 Beds   1.5 Baths   1,619 Sq. Ft.
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Washington Ave
Parsons, KS 67357

Overview

This Preforeclosure is located at Washington Ave, Parsons, KS 67357. It has 3 Beds, 1.5 Baths , 1,619 sqft of living space. This property is currently in auction with an estimated market value of $55,165.
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Status: Inactive
Listing ID: 58196850

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Living Area Size: 1,619
  • Year Built: 1930
  • Source ID: 21579382
  • Day(s) On Site: 45
  • Case Number: LBO-2021-CV000059
  • Trustee Name: SOUTHLAW PC
  • Trustee Address: 13160 FOSTER SUITE 100
  • Trustee City: OVERLAND PARK
  • Trustee State: KS
  • Trustee Zip: 66213
  • Trustee Phone: (913) 663-7600
  • Trustee Reference Number: 231712
  • Deed Category: NFS
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Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Basement Sqft: 39
  • Parking: ON & OFF STREET
  • Parking Sqft: 624
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: BRICK
  • Foundation Type: CONCRETE
  • Heating Type: WARM AIR
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 12,197
  • Year Built: 1930
  • APN: 036-13-0-40-31-003.000
  • Property Type: Single Family Residence
  • Front Footage: 100
  • Depth Footage: 120
  • Living Sqft: 1,619
  • Garage: ATTACHED FRAME
  • Style: BUNGALOW
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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: 08-09-2022
  • Auction Time: 10:00 AM

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Rental Value

The estimated rental value for Washington Ave located in Parsons, KS is $850/month. Comparable homes around Washington Ave that are rentals have monthly ranges starting as low as $720 per month and as high as $980 per month. An owner looking to use this property as an investment could bring a return in the area of $720 - $980 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
07/06/22 08/09/22 Preforeclosure
06/28/22 08/09/22 Preforeclosure
foreclosure.com

Washington Ave
Parsons, KS 67357

3 Beds   1.5 Baths   1,619 sq. ft.

$55,165 EMV

Status: Inactive Listing ID: 58196850

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=Washington-Ave-Parsons-KS-67357/58196850_lid

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