$5,620

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Washington St
Jeanerette, LA 70544

Potential Profit
$90,980

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Status: Active
Listing ID: 59803954
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Learn about Washington St in Jeanerette, LA

This property is available as a foreclosure at Washington St. Based on our analysis of the current market conditions in Jeanerette for Washington St and comparable listings, the estimated market value is $71,400. The property located at has potential equity of $90,980. If purchased for rental purposes, the monthly rental rate could range between $730 and $991. For those interested in resale, the estimated profit from selling is $90,980. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Washington St are updated daily along with others in Jeanerette, Louisiana. Since this property is a foreclosure, check out our Foreclosure Timeline for Washington St below to see helpful information about this listing.


Foreclosure Timeline

Washington St in Jeanerette Louisiana Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Washington St
View Foreclosure Status
03/03/23
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $5,620. 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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
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for Washington St in Jeanerette Louisiana
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Property Information

Public Records

Foreclosure

The property located at Washington St in Jeanerette, LA is listed as a Foreclosure

Properties like Washington St in Jeanerette, Louisiana 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 in Jeanerette, LA. The longer lenders own properties like this on Washington St, 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 Washington St located in Jeanerette, LA is $860/month. Comparable homes around Washington St that are rentals have monthly ranges starting as low as $730 per month and as high as $991 per month. An owner looking to use this property as an investment could bring a return in the area of $730 - $991 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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Washington St
Jeanerette, LA 70544

$5,620

Status: Active Listing ID: 59803954

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-St-Jeanerette-LA-70544/59803954_lid

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