$168,300 EMV

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Woodland Ave
South Charleston, WV 25303


This Preforeclosure is located at Woodland Ave, South Charleston, WV 25303. This property is currently in auction with an estimated market value of $168,300.
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Status: Inactive
Listing ID: 58210612

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Property Information

  • Source ID: 21580372
  • Day(s) On Site: 46
  • Defendant Name: GEORGE J NEILAN
  • Recording Book: 4181
  • Trustee Address: 9920 FRANKLIN SQUARE DRIVE SUITE 100
  • Trustee City: BALTIMORE
  • Trustee State: MD
  • Trustee Zip: 21236
  • Trustee Phone: (410) 635-5127
  • Deed Category: NTS
  • Mortgage Balance: $15,000

Potential Home Value

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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.


Auction Information

  • Auction Date: 08-17-2022
  • Auction Time: 12:00 PM
  • Auction Address: 409 VIRGINIA ST. EAST
  • Auction City: CHARLESTON

    Loan Information

  • 1st Mortgage Date: 06-07-2016
  • Mortgage Balance: $15,000

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Rental Value

The estimated rental value for Woodland Ave located in South Charleston, WV is $1,281/month. Comparable homes around Woodland Ave that are rentals have monthly ranges starting as low as $1,090 per month and as high as $1,470 per month. An owner looking to use this property as an investment could bring a return in the area of $1,090 - $1,470 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.


Woodland Ave
South Charleston, WV 25303

$168,300 EMV

Status: Inactive Listing ID: 58210612

Property Information

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Property Description

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