Overview
This Condo Foreclosure is located at N Wickham Rd, Melbourne, FL 32940. This property is currently bank owned with an estimated market value of $173,154.
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This condo property is available as a foreclosure at N Wickham Rd. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Melbourne, specifically for N Wickham Rd and comparable listings. Based on this expert analysis, the estimated market value is $173,154. If purchased for rental purposes, the monthly rental rate could range between $1,380 and $1,680, 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 N Wickham Rd are updated daily along with others in Melbourne, Florida, 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 Wickham Rd below to see detailed and helpful information about what stage of the foreclosure process this listing is in.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
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.
Not in Foreclosure
Pre-Foreclosure
Auction
Bank Owned
There are 4 schools in the area. Nearby schools include Melbourne High School and Suntree Elementary School.
There are plenty of activities near this property like Melbourne International Airport, Health First Health Plans, and more.
Public transportation options include: Brevard County Public Transportation (BCT) provides bus service throughout Melbourne, connecting residents to key locations in the city and adjacent areas.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Wickham Park, Erna Nixon Park and more.
Services available in the area include cellular and internet options.
This property in Melbourne, FL is located in the Cypress Cove At Suntree Subdivision.
The property located at N Wickham Rd in Melbourne, FL is listed as a Foreclosure
Properties like N Wickham Rd in Melbourne, Florida 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 Melbourne, FL. The longer lenders own properties like this on N Wickham Rd, the more eager they become to sell, often at reduced prices.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:
Steps as you search for your foreclosure property:
Foreclosed properties can represent excellent opportunities to acquire real estate at bargain prices. But in order to take full advantage of these opportunities you must have all your information and take an organized approach to finding and acquiring foreclosed properties. Find the location and property that interests you, work with the Realtor and closing agent to learn all you can about the property, and make your offer based upon good information and research.
The estimated rental value for N Wickham Rd located in Melbourne, FL is $1,530/month. Comparable homes around N Wickham Rd that are rentals have monthly ranges starting as low as $1,380 per month and as high as $1,680 per month. An owner looking to use this property as an investment could bring a return in the area of $1,380 - $1,680 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.
Status: Active
The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.
Status: Active
WELLS FARGO BANK N A
08/20/15 - 09/02/15Status: Inactive
The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.
Status: Inactive
Status: Inactive
Status: Inactive
BANK OF AMERICA
01/31/14 - 02/12/14Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
BANK OF AMERICA NATIONAL ASSOCIATION
02/22/12 - 07/21/12Status: Inactive
Status: Inactive
ONEWEST BANK
07/21/10 - 08/25/10Status: Inactive
Status: Inactive
DEUTSCHE BANK NATIONAL TRUST CO
04/30/10 - 11/26/10Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
FEDERAL HOME LOAN MORTGAGE CORP
11/20/09 - 06/18/10Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
CHASE HOME
12/01/08 - 06/29/09Status: Inactive
Status: Inactive
CHASE HOME
05/06/08 - 12/02/08Status: Inactive
Status: Inactive
GMAC MORTGAGE
04/22/08 - 11/18/08Status: Inactive
Status: Inactive
CITIBANK
03/25/08 - 10/21/08Status: Inactive
Status: Inactive
DEUTSCHE
01/29/08 - 08/26/08Status: Inactive
Status: Inactive
DEUTSCHE BANK
10/03/07 - 04/30/08Status: Inactive
Status: Inactive
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