3 Beds   1 Bath   1,194 Sq. Ft.   Single-Family
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Sw Condor Ave
Portland, OR 97239

Overview

This Single-Family Preforeclosure is located at Sw Condor Ave, Portland, OR 97239. It has 3 Beds, 1 Bath , 1,194 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 56786518

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,194
  • Lot Size: 0.11 acres
  • Year Built: 1932
  • Source ID: 195892693
  • Day(s) On Site: 308
  • Subdivision: PORTLAND HMSTD
  • Parcel Number: 1S1E10CC 09100
  • Property Type: Single Family Dwelling
  • Plaintiff: L&M Recreation LLC
  • Defendant Name: TEN FOUR INVESTMENTS LLC
  • Recording Date: 11-18-2021
  • Trustee Address: 2701 Nw Vaughn St
  • Trustee Name: KILMER VOORHEES & LAURICK;JAMES P LAURICK
  • Trustee City: Portland
  • Trustee State: OR
  • Trustee Zip: 97210
  • Deed Category: NTS
  • Mortgage Balance: $575,000
  • Document Number: 2021-169873

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Basement Sqft: 690
  • Parking: DETACHED GARAGE
  • Parking Sqft: 216
  • Fireplaces: BRICK CHIMNEY
  • Exterior Wall Type: WOOD
  • Foundation Type: CONCRETE
  • Heating Fuel: OIL
  • Heating Type: GRAVITY
  • Roof Material: COMPOSITION
  • Roof Type: GABLE
  • Land Area Sqft: 5,000
  • Year Built: 1932
  • APN: R247712
  • Property Type: Single Family Residence
  • Living Sqft: 1,194
  • Garage: DETACHED
  • Sewer Type: PUBLIC
  • Subdivision: PORTLAND HMSTD

Preforeclosure

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.

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Auction Information

  • Auction Date: 11-30-2021
  • Auction Time: 1:00 PM
  • Auction Address: 1200 Sw 1st Ave
  • Auction City: Portland

    Loan Information

  • 1st Mortgage Date: 12-16-2020
  • Mortgage Balance: $575,000

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Listing History

Start Date End Date Listing Type Bank Name
10/11/21 11/19/21 Preforeclosure L AND M RECREATION LLC

Portland, OR
Home Inspectors
Associated Master Inspectors, LLC Inc
Jay Hensleigh
503-236-1812
Blue Ribbon Home Inspections
Scott R Spaulding
503-765-8100
Tabor Northwest Home Inspections
Zach Cross
971-275-5014
HouseGeek Home Inspection
Jeffrey Strang
5037529494
House Detective
Karen Krieger
509-713-0086
Homes On This Street
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Sw Condor Ave
Portland, OR 97239

3 Beds   1 Bath   1,194 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56786518

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/index.html?&listingid=56786518

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