This Mobile Home Tax Lien is located at S 7th St, East Carondelet, IL 62240. This property is Tax Lien with an estimated market value of $86,700.
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This mobile home property is available as a tax lien at S 7th St. Based on our analysis of the current market conditions in East Carondelet for S 7th St and comparable listings, the estimated market value is $86,700. If purchased for rental purposes, the monthly rental rate could range between $881 and $1,201. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at S 7th St are updated daily along with others in East Carondelet, Illinois.
Tax Liens are issued when a property owner fails to pay real estate taxes in a timely manner and a taxing authority, such as a city, county, or state, declares the taxes in default.
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There is a highly organized market for real estate tax liens and many sophisticated investors buy them. Tax liens can offer higher returns than many other types of interest-bearing investments and represent an opportunity for very little cash. The market for tax lien properties is competitive and the taxing authorities have specific rules to be followed. A wise investor will research each property to make certain his investment is secure.
The estimated rental value for S 7th St located in East Carondelet, IL is $1,072/month. Comparable homes around S 7th St that are rentals have monthly ranges starting as low as $881 per month and as high as $1,201 per month. An owner looking to use this property as an investment could bring a return in the area of $881 - $1,201 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.
|Start Date||End Date||Listing Type||Bank Name|
|07/25/11||05/20/12||Preforeclosure||Capital One Bank|
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