3 Beds   3.5 Baths   4,669 Sq. Ft.

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Mount Royal Dr
Painesville, OH 44077

Status: Inactive
Listing ID: 56182968

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Property Information

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Living Area Size: 4,669
  • Year Built: 2001
  • Day(s) On Site: 272
  • Subdivision: MOUNT ROYAL
  • Appraised Value: $453,000
  • Parcel Number: 08-A-024-D-00-016-0
  • Plaintiff: NewRez LLC dba Shellpoint Motgage Servicing **2nd Sale Date 05/03/2021**
  • Defendant Name: Flanigan, Bryant E. Sr.
  • Case Number: 19CF001836
  • Deed Category: NFS
  • Mortgage Balance: $339,515

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Public Records

  • Bedrooms: 3
  • Baths: 3.5
  • Full Baths: 3
  • Half Baths: 1
  • Rooms: 8
  • No. of Stories: 1
  • Basement Sqft: 1,725
  • Parking: FRAME GARAGE
  • Parking Sqft: 970
  • Air Conditioning: CENTRAL
  • Fireplaces: 2 OPENINGS
  • Exterior Wall Type: ALUMINUM/VINYL
  • Foundation Type: CONTINUOUS WALL
  • Heating Fuel: GAS
  • Heating Type: ELECTRIC
  • Roof Material: ASPHALT
  • Roof Type: HIP
  • Land Area Sqft: 87,120
  • Year Built: 2001
  • APN: 08-A-024-D-00-016-0
  • Property Type: Single Family Residence
  • Living Sqft: 4,669
  • Basement Finish Type: FULL
  • Garage: FRAME
  • Style: RANCH
  • Water Type: PUBLIC
  • Subdivision: MOUNT ROYAL


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: 04-12-2021
  • Auction Time: 10:00 AM
  • Auction Location: Main floor of the Lake County Court House, 25 North Park Place, Painesville, OH 44077

    Loan Information

  • Mortgage Balance: $339,515

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Mount Royal Dr
Painesville, OH 44077

3 Beds   3.5 Baths   4,669 sq. ft.


Status: Inactive Listing ID: 56182968

Property Information

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Public Records

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Property Description

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