Potential Profit$54,620
This property is available as a foreclosure at Peavine Rd. This property features 2 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. With 852 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 Rock Spring, specifically for Peavine Rd and comparable listings. Based on this expert analysis, the estimated market value is $113,943. This has potential equity of $54,620. If purchased for rental purposes, the monthly rental rate could range between $660 and $740, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $54,620. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Peavine Rd are updated daily along with others in Rock Spring, Georgia, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Peavine 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 3 schools in the area. Nearby schools include Rock Spring Elementary School and LaFayette Middle School.
There are plenty of activities near this property like Walker County Library, Rock Spring Community Center, and more.
Public transportation options include: Local bus services available, providing connections to larger cities in the area., Limited taxi service and rideshare options also operate in the region.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Rock Spring Park, Lakeview Park and more.
Services available in the area include cellular and internet options.
The property located at Peavine Rd in Rock Spring, GA is listed as a Foreclosure
Properties like Peavine Rd in Rock Spring, Georgia 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 Rock Spring, GA. The longer lenders own properties like this on Peavine 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:Â
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 Peavine Rd located in Rock Spring, GA is $700/month. Comparable homes around Peavine Rd that are rentals have monthly ranges starting as low as $660 per month and as high as $740 per month. An owner looking to use this property as an investment could bring a return in the area of $660 - $740 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: Inactive
The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.
Status: Inactive
Status: Active
Status: Active
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.
Status: Inactive
PHH MORTGAGE CORPORATION
05/11/22 - 06/07/22Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
MORTGAGE ELECTRONIC REGISTRATION SYSTEMS
05/17/12 - 06/05/12Status: Inactive
Status: Inactive
Status: Inactive
The property has entered bankruptcy protection. A court-appointed process may delay foreclosure or sale while debts are restructured.
Status: Inactive
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Champlaine Ct
Schaumburg, IL
| 3 BEDS |
3 BATHS |
2,493 SQUARE FEET |
Single-Family PROPERTY TYPE |
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