$130,000

3 Beds   2 Baths   1,339 Sq. Ft.   Single-Family
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Wooster Pike
Terrace Park, OH 45174

Potential Profit

$164,269

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Status: Inactive
Listing ID: 57963160

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Property Information

  • Price: $130,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Full Baths: 1
  • Half Baths: 1
  • Living Area Size: 1,339
  • Total Square Feet: 1,339
  • Year Built: 1955
  • Source ID: 11078873
  • Day(s) On Site: 40
  • Subdivision: NORDLOH
  • Property Type: Single Family Dwelling

Potential Home Value

This property has untapped potential!

Current Value
$130,000
Potential Value
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Public Records

  • Bedrooms: 3
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 6
  • No. of Stories: 1
  • Basement Sqft: 1,339
  • Parking: ATTACHED GARAGE
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Construction Type: BRICK
  • Exterior Wall Type: BRICK
  • Foundation Type: CONCRETE BLOCK
  • Heating Fuel: GAS
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 25,700
  • Year Built: 1955
  • APN: 521-0009-0037-00
  • Property Type: Single Family Residence
  • Township: TERRACE PARK VILLAGE
  • Front Footage: 100
  • Depth Footage: 294
  • Living Sqft: 1,339
  • Garage: ATTACHED
  • Style: CONVENTIONAL
  • Subdivision: NORDLOH

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 Wooster Pike located in Terrace Park, OH is $1,690/month. Comparable homes around Wooster Pike that are rentals have monthly ranges starting as low as $1,440 per month and as high as $1,940 per month. An owner looking to use this property as an investment could bring a return in the area of $1,440 - $1,940 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
10/16/19 05/13/20 Preforeclosure Reverse Mortgage Funding LLC
foreclosure.com

Wooster Pike
Terrace Park, OH 45174

3 Beds   2 Baths   1,339 sq. ft.   Single-Family

$130,000

Status: Inactive Listing ID: 57963160

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=Wooster-Pike-Terrace-Park-OH-45174/57963160_lid

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