$286,000

3 Beds   2 Baths   1,634 Sq. Ft.   Single-Family

1221 Forest Cir, Altamonte Springs, FL 32714

Potential Profit
$35,590

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Status: Active
Listing ID: 63934922
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Nearby Foreclosures

Homes near 1221 Forest Cir in Altamonte Springs, Florida


Learn about 1221 Forest Cir in Altamonte Springs, FL

This single-family property is available as a foreclosure at 1221 Forest Cir. This property features 3 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 1,634 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Altamonte Springs, specifically for 1221 Forest Cir and comparable listings. Based on this expert analysis, the estimated market value is $285,183. This single-family has potential equity of $35,590. If purchased for rental purposes, the monthly rental rate could range between $1,251 and $1,530, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $35,590. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on 1221 Forest Cir are updated daily along with others in Altamonte Springs, Florida, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for 1221 Forest Cir below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Foreclosure Timeline

Forest Cir in Altamonte Springs Florida Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Forest Cir
View Foreclosure Status
08/07/25
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $286,000. 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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
05/19/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
Rental Chart
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for Forest Cir in Altamonte Springs Florida
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Community & Neighborhood

This property in Altamonte Springs, FL is located in the Forest Heights Unrec Subdivision.


Foreclosure

The property located at Forest Cir in Altamonte Springs, FL is listed as a Foreclosure

Properties like Forest Cir in Altamonte Springs, Florida 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 in Altamonte Springs, FL. The longer lenders own properties like this on Forest Cir, 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 located in Altamonte Springs, FL is $1,390/month. Comparable homes around Forest Cir that are rentals have monthly ranges starting as low as $1,251 per month and as high as $1,530 per month. An owner looking to use this property as an investment could bring a return in the area of $1,251 - $1,530 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
08/07/25   Foreclosure
06/19/25 07/09/25 Foreclosure
05/19/25 06/03/25 Preforeclosure Wilmington Savings Fund Soc...
03/06/25 06/03/25 Preforeclosure
03/06/25 06/03/25 Preforeclosure Wilmington Savings Fund Soc...
06/14/24 01/10/25 Preforeclosure Wilmington Savings Fund Soc...

Similar Homes Nearby Altamonte Springs, FL


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Homes On This Street
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Forest Cir
Altamonte Springs, FL 32714

3 Beds   2 Baths   1,634 sq. ft.   Single-Family

$286,000

Status: Active Listing ID: 63934922

Property Information

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Property Description

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Listing URL

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