1,533 Sq. Ft.
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Cleveland St
Eufaula, AL 36027

Overview

This is located at Cleveland St, Eufaula, AL 36027. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has , 1,533 sqft of living space.

Status: Inactive
Listing ID: 54850109
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Learn about Cleveland St in Eufaula, AL

This property is no longer available. With 1,533 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 Eufaula, specifically for Cleveland St and comparable listings. Based on this expert analysis, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Cleveland St are updated daily along with others in Eufaula, Alabama, ensuring you have the most current and accurate information.


Rental Chart
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Property Information

  • Living Area Size: 1,533
  • Year Built: 1961
  • Source ID: 20766153
  • Day(s) On Site: 1644
  • Subdivision: GREATER EUFAULA
  • Parcel Number: 24 03 05 2 008 018.0000
  • Plaintiff: MORCAP INC
  • Defendant Name: BLACKSHIRE WILLIE PEARL
  • Recording Book: 192
  • Trustee Name: SIROTE AND PERMUTT PC
  • Trustee Address: P O BOX 55727
  • Trustee City: BIRMINGHAM
  • Trustee State: AL
  • Trustee Zip: 35255
  • Trustee Phone: (205) 930-5100
  • Deed Category: NFS

Public Records

  • Rooms: 8
  • No. of Stories: 1
  • Parking: GARAGE/CARPORT
  • Exterior Wall Type: VINYL
  • Foundation Type: PIER
  • Heating Type: GRAVITY
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE/HIP
  • Land Area Sqft: 6,098
  • Year Built: 1961
  • APN: 24-03-05-2-008-018-000-0
  • Property Type: Single Family Residence
  • Front Footage: 50
  • Depth Footage: 120
  • Living Sqft: 1,533
  • Garage: GARAGE/CARPORT
  • Subdivision: GREATER EUFAULA
  •  

Community & Neighborhood

This property in Eufaula, AL is located in the Greater Eufaula Subdivision.


Preforeclosure

The property located at Cleveland St in Eufaula, AL is listed as a Preforeclosure

This listing located at Cleveland St in Eufaula, AL could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Eufaula, Alabama is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Eufaula, AL, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Eufaula, Alabama doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

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: 03-03-2020
  • Auction Address: THE MAIN ENTRANCE OF THE COURTHOUSE AT BARBOUR COUNTY
  • Auction City: EUFAULA

Loan Information

  • 1st Mortgage Date: 02-16-1998

Legal Information

Credit Information Center

Document Center

Listing History

Start Date End Date Listing Type Bank Name
06/01/24 07/09/24 Preforeclosure Wells Fargo Bank National A...
05/27/24 07/09/24 Preforeclosure
05/24/24 06/21/24 Preforeclosure
02/08/23 04/11/23 Preforeclosure Morcap Inc
11/22/22 04/16/24 Bankruptcy
10/21/22 01/31/23 Preforeclosure
10/16/22 11/29/22 Preforeclosure Morcap Inc
10/13/22 04/11/23 Preforeclosure
01/26/20 03/03/20 Preforeclosure Wells Fargo Bank NA
02/19/19 03/19/19 Preforeclosure
11/09/16 01/10/17 Preforeclosure
06/02/11 06/01/12 Bankruptcy

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Cleveland St
Eufaula, AL 36027

1,533 sq. ft.

 

Status: Inactive Listing ID: 54850109

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Cleveland-St-Eufaula-AL-36027/54850109_lid&rsp=370607

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