$26,684 EMV

3 Beds   2 Baths   1,355 Sq. Ft.   Mobile Home
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Lanai Ln
Thermal, CA 92274

*Rental Value Coming Soon

Overview

This Mobile Home Foreclosure is located at Lanai Ln, Thermal, CA 92274. It has 3 Beds 2 Baths , 1,355 sqft of living space. This property is currently bank owned with an estimated market value of $26,684.
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Status: Active
Listing ID: 62678720
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Learn about Lanai Ln in Thermal, CA

This mobile home property is available as a foreclosure at Lanai Ln. This property features 3 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 1,355 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 Thermal, specifically for Lanai Ln and comparable listings. Based on this expert analysis, the estimated market value is $26,684. If purchased for rental purposes, the monthly rental rate could range between $0 and $0, 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 Lanai Ln are updated daily along with others in Thermal, California, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Lanai Ln 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

Lanai Ln in Thermal California Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Lanai Ln
View Foreclosure Status
10/29/24
Bank owned
Properties 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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

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What is the city of Thermal, CA like?

Thermal, California, is a small, charming community located in the Coachella Valley. The area is known for its warm climate, making it a year-round destination for outdoor enthusiasts and those looking to escape colder weather. Residents enjoy a laid-back lifestyle with access to nearby amenities, recreational activities, and a vibrant local culture.

The Coachella Valley offers an array of amenities including golf courses, shopping centers, and various dining options. The proximity to larger cities like Coachella and Indio provides easy access to additional services and entertainment, while still maintaining the tranquility of a rural community. The area is also known for its agricultural roots, which can be seen in the surrounding farmland and local farmer's markets.

Outdoor activities abound with opportunities for hiking, biking, and enjoying beautiful desert landscapes. The nearby Salton Sea presents unique recreational opportunities, while the numerous parks and trails in and around the area cater to both adventure seekers and families looking for a relaxing day out.

Nearby Schools

There are 3 schools in the area. Nearby schools include Thermal Elementary School and Coachella Valley High School.

Thermal Elementary School
Coachella Valley High School
Cesar Chavez Elementary School

Nearby Attractions

There are plenty of activities near this property like Desert Recreation District Community Center, Thermal Library, and more.

Desert Recreation District Community Center
Thermal Library
Coachella Valley Museum

What kind of public transportation is there?


Public transportation options include: SunLine Transit Agency bus services, Ojai Valley Transit services to nearby communities. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Bagdad Café Park, Toro County Park and more.

Bagdad Café Park
Toro County Park
Hector A. Cantu 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
Frontier Communications
Rental Chart
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for Lanai Ln in Thermal California
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Property Information

Foreclosure

The property located at Lanai Ln in Thermal, CA is listed as a Foreclosure

Properties like Lanai Ln in Thermal, California 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 Thermal, CA. The longer lenders own properties like this on Lanai Ln, 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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Contact Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Lanai Ln located in Thermal, CA is $0/month. Comparable homes around Lanai Ln that are rentals have monthly ranges starting as low as $0 per month and as high as $0 per month. An owner looking to use this property as an investment could bring a return in the area of $0 - $0 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
10/29/24   Foreclosure
06/13/24 06/24/24 Preforeclosure
02/15/24 06/16/24 Preforeclosure Shellpoint Mortgage Servicing

Similar Homes Nearby Thermal, CA


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Lanai Ln
Thermal, CA 92274

3 Beds   2 Baths   1,355 sq. ft.   Mobile Home

$26,684 EMV

Status: Active Listing ID: 62678720

Property Information

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Lanai-Ln-Thermal-CA-92274/62678720_lid

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