$129,900

3 Beds   2 Baths   1,424 Sq. Ft.   Single-Family
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N Barnes St
Hamburg, AR 71646

Overview

This Single-Family Foreclosure is located at N Barnes St, Hamburg, AR 71646. It has 3 Beds, 2 Baths , 1,424 sqft of living space. This property is currently bank owned with an estimated market value of $82,070.
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Status: Active
Listing ID: 54634118
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Learn about N Barnes St in Hamburg, AR

This single-family property is available as a foreclosure at N Barnes St. This property features 3 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 1,424 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 Hamburg, specifically for N Barnes St and comparable listings. Based on this expert analysis, the estimated market value is $82,070. This single-family has potential equity of $-39,191. If purchased for rental purposes, the monthly rental rate could range between $730 and $991, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $-39,191. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on N Barnes St are updated daily along with others in Hamburg, Arkansas, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for N Barnes St below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


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Based on 20% down, 30 year mortgage, with 7% APR

Principal
Interest
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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

N Barnes St in Hamburg Arkansas Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on N Barnes St
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12/18/19
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $129,900. 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.
10/15/19
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Property Information

  • Price: $129,900
  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,424
  • Year Built: Sign in to view
  • Property Type: Single Family Dwelling
  •  

Public Records

Foreclosure

The property located at N Barnes St in Hamburg, AR is listed as a Foreclosure

Properties like N Barnes St in Hamburg, Arkansas 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 Hamburg, AR. The longer lenders own properties like this on N Barnes St, 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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Rental Value

The estimated rental value for N Barnes St located in Hamburg, AR is $860/month. Comparable homes around N Barnes St that are rentals have monthly ranges starting as low as $730 per month and as high as $991 per month. An owner looking to use this property as an investment could bring a return in the area of $730 - $991 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
10/16/19 11/13/19 Preforeclosure
10/15/19 11/12/19 Preforeclosure EMBRACE HOME LOANS

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Homes On This Street
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N Barnes St
Hamburg, AR 71646

3 Beds   2 Baths   1,424 sq. ft.   Single-Family

$129,900

Status: Active Listing ID: 54634118

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=N-Barnes-St-Hamburg-AR-71646/54634118_lid&rsp=370607

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