Overview
This Foreclosure is located at Old Wilson Rd, Rocky Mount, NC 27801. It has 3 Beds 3 Baths , 2,424 sqft of living space. This property is currently bank owned with an estimated market value of $47,000.
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This property is available as a foreclosure at Old Wilson Rd. This property features 3 bedrooms and 3 bathrooms, perfect for investment and/or your personal residence. With 2,424 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 Rocky Mount, specifically for Old Wilson Rd and comparable listings. Based on this expert analysis, the estimated market value is $47,000. This has potential equity of $-16,000. If purchased for rental purposes, the monthly rental rate could range between $680 and $830, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $-16,000. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Old Wilson Rd are updated daily along with others in Rocky Mount, North Carolina, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Old Wilson Rd below to see detailed and helpful information about what stage of the foreclosure process this listing is in.
Not in Foreclosure
Pre-Foreclosure
Auction
Bank Owned
There are 3 schools in the area. Nearby schools include Rocky Mount Academy and G.W. Carver Elementary School.
There are plenty of activities near this property like Nash General Hospital, Rocky Mount Public Library, and more.
Public transportation options include: Rocky Mount Transit provides local bus services throughout the city and to neighboring areas.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Sunset Park, Griffin Recreation Center and more.
Services available in the area include cellular and internet options.
This property in Rocky Mount, NC is located in the Hillcrest Subdivision.
Purchase this incredible HUD home with just a $100 down payment! U.S. Department of Housing and Urban Development (HUD) is a federal agency that insures mortgages to homeowners through its Federal Housing Administration (FHA). Therefore, when banks foreclose on HUD-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at super low prices to the public. HUD houses are among the very best deals in real estate today and, accordingly, don't last long on the market. Act fast!
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.
Auction Information |
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The estimated rental value for Old Wilson Rd located in Rocky Mount, NC is $750/month. Comparable homes around Old Wilson Rd that are rentals have monthly ranges starting as low as $680 per month and as high as $830 per month. An owner looking to use this property as an investment could bring a return in the area of $680 - $830 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.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 10/16/25 | Foreclosure | ||
| 09/06/24 | 03/27/25 | Foreclosure | |
| 07/23/24 | 08/15/24 | Preforeclosure | |
| 02/16/24 | 08/15/24 | Preforeclosure | |
| 02/13/24 | 08/15/24 | Preforeclosure | |
| 02/10/24 | 08/15/24 | Preforeclosure | |
| 08/07/23 | 10/12/23 | Preforeclosure | |
| 08/03/23 | 10/06/23 | Preforeclosure | |
| 06/29/23 | 08/06/23 | Preforeclosure | Lakeview Loan Servicing LLC |
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