$198,960 EMV

3 Beds   1 Bath   1,256 Sq. Ft.   Single-Family
Get the Preforeclosure Address

Hemlock St
Franklin, OH 45005

Overview

This Single-Family Preforeclosure is located at Hemlock St, Franklin, OH 45005. It has 3 Beds 1 Bath , 1,256 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $198,960.
Save money on this property now.

Status: Active
Listing ID: 63046005
Interested in this property?
View More Photos
Create a Free Account

Learn about Hemlock St in Franklin, OH

This single-family property is available as a preforeclosure at Hemlock St. This property features 3 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. With 1,256 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 Franklin, specifically for Hemlock St and comparable listings. Based on this expert analysis, the estimated market value is $198,960. If purchased for rental purposes, the monthly rental rate could range between $960 and $1,092, 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 Hemlock St are updated daily along with others in Franklin, 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 Hemlock St 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

Hemlock St in Franklin Ohio Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Hemlock St
View Preforeclosure Status
01/21/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of Franklin, OH like?

Franklin, Ohio, located in the southwestern part of the state, offers a charming small-town atmosphere combined with easy access to urban conveniences. The city is known for its friendly community, historic sites, and a variety of parks that encourage outdoor activities among residents and visitors alike.

The local economy is diversified with a mix of retail, manufacturing, and service industries providing ample employment opportunities. Franklin’s strategic location near major highways allows for convenient travel to nearby cities such as Dayton and Cincinnati, making it an ideal place for commuters.

Residents of Franklin enjoy a host of amenities, including access to local shops, restaurants, and schools. Community events and festivals foster a strong sense of belonging among local residents, making Franklin a great place to raise a family.

Nearby Schools

There are 4 schools in the area. Nearby schools include Franklin High School and Franklin Junior High School.

Franklin High School
Franklin Junior High School
Catherine Greene Elementary School
Houston Elementary School

Nearby Attractions

There are plenty of activities near this property like Franklin Public Library, Franklin Community Center, and more.

Franklin Public Library
Franklin Community Center
Kettinger Park

What kind of public transportation is there?


Public transportation options include: Metro bus service providing routes in and around the area, Amtrak service available in nearby cities. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Franklin Community Park, Stubbs Park and more.

Franklin Community Park
Stubbs Park
Lefferson 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
Cincinnati Bell
Rental Chart
View Rental and Market Value
for Hemlock St in Franklin Ohio
View Market Value

Property Information

Public Records

Community & Neighborhood

This property in Franklin, OH is located in the Sunnyfield Subdivision.


Preforeclosure

The property located at Hemlock St in Franklin, OH is listed as a Preforeclosure

This listing located at Hemlock St in Franklin, 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 Franklin, Ohio is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Franklin, 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 Franklin, 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.

Read more...

AVM Analysis

Loan Information

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Hemlock St located in Franklin, OH is $1,010/month. Comparable homes around Hemlock St that are rentals have monthly ranges starting as low as $960 per month and as high as $1,092 per month. An owner looking to use this property as an investment could bring a return in the area of $960 - $1,092 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
01/21/25   Preforeclosure Freedom Mortgage Corporation

Similar Homes Nearby Franklin, OH


The information provided on the Website, which encompasses details such as property dimensions, floor area, valuation, geographic location, and general property description, is furnished for your convenience and originates from third-party sources. This data should not be interpreted as constituting a contractual offer for the procurement, leasing, or advertising of real estate. No express or implied warranties or assurances are extended concerning these properties, including their availability. While the data presented on this Website is considered reliable, it acknowledges a degree of uncertainty, thus necessitating independent verification.

The administrators of this platform, as well as their respective directors, associates, and personnel, have not undertaken a process of due diligence to verify the accuracy of the information. Their role is limited to disseminating the information, and they do not accept liability, whether direct or indirect, for any injuries, losses, claims, damages, or associated indirect or consequential harms, including but not limited to lost profits or savings, arising from the use of any information or any deficiencies, inaccuracies, or defects in the disseminated information within the bounds of the Website.

Foreclosure.com, in conjunction with its Affiliates, disclaims any responsibility arising from your acquisition of third-party goods, services, or tangible properties based on the informational context of the Site. Foreclosure.com reserves the right, at its sole discretion and without prior notice, to rectify errors or omissions within any section of the Site or to restrict access to the Site.

Relying solely on the informational content featured on the Website is not advisable. Conduct your own personal inquiries and seek legal counsel regarding any property under consideration within the scope of the Website or the associated data.


MORTGAGE CALCULATOR

Calculate monthly mortgage payments with our easy mortgage loan calculator.

Homes On This Street
View more homes on Hemlock St

Previously Viewed

View photo of property in Choctaw Cir
foreclosure.com

Hemlock St
Franklin, OH 45005

3 Beds   1 Bath   1,256 sq. ft.   Single-Family

$198,960 EMV

Status: Active Listing ID: 63046005

Property Information

Sign in to see detailed property information.

Public Records

Sign in to see detailed property information.

Property Description

Sign in to see detailed property information.

Listing URL

https://www.foreclosure.com/listing/address.html?address=Hemlock-St-Franklin-OH-45005/63046005_lid

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2025. All Rights Reserved.