$767,805 EMV

4 Beds   4 Baths   3,672 Sq. Ft.   Single-Family
Get the Preforeclosure Address

Hammersmith Cir
New Albany, OH 43054

Overview

This Single-Family Preforeclosure is located at Hammersmith Cir, New Albany, OH 43054. It has 4 Beds 4 Baths , 3,672 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $767,805.
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Status: Active
Listing ID: 63473778
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Learn about Hammersmith Cir in New Albany, OH

This single-family property is available as a preforeclosure at Hammersmith Cir. This property features 4 bedrooms and 4 bathrooms, perfect for investment and/or your personal residence. With 3,672 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 New Albany, specifically for Hammersmith Cir and comparable listings. Based on this expert analysis, the estimated market value is $767,805. If purchased for rental purposes, the monthly rental rate could range between $2,860 and $3,500, 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 Hammersmith Cir are updated daily along with others in New Albany, Ohio, ensuring you have the most current and accurate information. Since this property is a preforeclosure, be sure to check out our Foreclosure Timeline for Hammersmith Cir below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

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.

Foreclosure Timeline

Hammersmith Cir in New Albany Ohio Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Hammersmith Cir
View Preforeclosure Status
04/03/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of New Albany, OH like?

New Albany, located in central Ohio, is known for its picturesque suburban setting, offering a mix of modern amenities and a strong sense of community. The area is characterized by beautiful tree-lined streets, an impressive array of parks, and stylish architecture, making it a desirable location for families and professionals alike.

Residents of New Albany benefit from a vibrant community lifestyle with a strong focus on education and wellness. The town boasts top-rated schools, a rich selection of dining options, and family-friendly activities that bring neighbors together. Furthermore, New Albany maintains a plethora of outdoor spaces, encouraging an active lifestyle with walking and biking trails, sports facilities, and recreational parks.

With close proximity to Columbus, New Albany also enjoys convenient access to major highways and public transportation, enhancing connectivity for commuters. The local economy is thriving, supported by various businesses and industries that contribute to a stable job market, making it an attractive place for real estate investment.

Nearby Schools

There are 4 schools in the area. Nearby schools include New Albany High School and New Albany Middle School.

New Albany High School
New Albany Middle School
New Albany Elementary School
The Wellington School

Nearby Attractions

There are plenty of activities near this property like New Albany Library, New Albany Country Club, and more.

New Albany Library
New Albany Country Club
New Albany Village Hall
The New Albany Community Center

What kind of public transportation is there?


Public transportation options include: COTA bus service providing routes to Columbus, Accessibility to ride-sharing services like Uber and Lyft. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Wellington Park, The New Albany Community Sports Park and more.

Wellington Park
The New Albany Community Sports Park
The New Albany Walking Trail
Rose Run Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile
Sprint

Internet Providers

Spectrum
AT&T
Wow! Internet
Rental Chart
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for Hammersmith Cir in New Albany Ohio
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Property Information

Public Records

Community & Neighborhood

This property in New Albany, OH is located in the Hampsted Village Sec 11 Subdivision.


Preforeclosure

The property located at Hammersmith Cir in New Albany, OH is listed as a Preforeclosure

This listing located at Hammersmith Cir in New Albany, OH 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 New Albany, Ohio is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in New Albany, OH, 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 New Albany, Ohio 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.

This is an important legal concept to understand before moving forward

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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AVM Analysis

Loan Information

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Hammersmith Cir located in New Albany, OH is $3,180/month. Comparable homes around Hammersmith Cir that are rentals have monthly ranges starting as low as $2,860 per month and as high as $3,500 per month. An owner looking to use this property as an investment could bring a return in the area of $2,860 - $3,500 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
04/03/25   Preforeclosure Hampsted Village Assn Inc
03/20/11 03/23/11 Foreclosure
02/25/11 09/15/11 Foreclosure
01/28/11 02/25/11 Preforeclosure FIRST PLACE BANK

Similar Homes Nearby New Albany, OH


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Hammersmith Cir
New Albany, OH 43054

4 Beds   4 Baths   3,672 sq. ft.   Single-Family

$767,805 EMV

Status: Active Listing ID: 63473778

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=Hammersmith-Cir-New-Albany-OH-43054/63473778_lid

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