Overview
This Single-Family Foreclosure is located at Burr Hill Rd, Rhoadesville, VA 22542. It has 3 Beds 2 Baths , 1,392 sqft of living space. This property is currently bank owned with an estimated market value of $225,961.
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Get Property Details Now!This single-family property is available as a foreclosure at Burr Hill Rd. This property features 3 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 1,392 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 Rhoadesville, specifically for Burr Hill Rd and comparable listings. Based on this expert analysis, the estimated market value is $225,961. If purchased for rental purposes, the monthly rental rate could range between $1,398 and $1,830, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Burr Hill Rd are updated daily along with others in Rhoadesville, Virginia, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Burr Hill Rd below to see detailed and helpful information about what stage of the foreclosure process this listing is in.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
Not in Foreclosure
Pre-Foreclosure
Auction
Bank Owned
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Address: Burr Hill Rd Rhoadesville VA 22542
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There are 8 schools in the area. Nearby schools include Unionville Elementary School and Locust Grove Primary School.
There are plenty of activities near this property like Lake of the Woods community amenities and golf facilities nearby, Orange County government services in the Town of Orange, and more.
Public transportation options include: Personal vehicle access is the primary mode of transportation in Rhoadesville., Virginia Route 20 provides a key local north-south connection toward Orange, Locust Grove, and Fredericksburg-area routes., Regional commuter options are available from nearby Fredericksburg and Culpeper, including Virginia Railway Express and Amtrak service depending on station choice., Demand-response and community transportation services may be available through regional providers for eligible riders in Orange County.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Wilderness Battlefield, Fredericksburg and Spotsylvania National Military Park, Lake of the Woods Recreation Areas and more.
Services available in the area include cellular and internet options.
The property located at Burr Hill Rd in Rhoadesville, VA is listed as a Foreclosure
Properties like Burr Hill Rd in Rhoadesville, Virginia 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 Rhoadesville, VA. The longer lenders own properties like this on Burr Hill Rd, the more eager they become to sell, often at reduced prices.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:
Steps as you search for your foreclosure property:Â
Foreclosed properties can represent excellent opportunities to acquire real estate at bargain prices. But in order to take full advantage of these opportunities you must have all your information and take an organized approach to finding and acquiring foreclosed properties. Find the location and property that interests you, work with the Realtor and closing agent to learn all you can about the property, and make your offer based upon good information and research.
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The estimated rental value for Burr Hill Rd located in Rhoadesville, VA is $1,590/month. Comparable homes around Burr Hill Rd that are rentals have monthly ranges starting as low as $1,398 per month and as high as $1,830 per month. An owner looking to use this property as an investment could bring a return in the area of $1,398 - $1,830 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.
Status: Active
The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.
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The property has entered bankruptcy protection. A court-appointed process may delay foreclosure or sale while debts are restructured.
Status: Inactive
Status: Inactive
The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.
Status: Inactive
Status: Inactive
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