Overview
This Single-Family Foreclosure is located at Phillips Ter, Dothan, AL 36303. It has 3 Beds 2 Baths , 1,485 sqft of living space. This property is currently bank owned with an estimated market value of $204,123.
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This single-family property is available as a foreclosure at Phillips Ter. This property features 3 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 1,485 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 Dothan, specifically for Phillips Ter and comparable listings. Based on this expert analysis, the estimated market value is $204,123. If purchased for rental purposes, the monthly rental rate could range between $1,020 and $1,241, 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 Phillips Ter are updated daily along with others in Dothan, Alabama, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Phillips Ter 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 4 schools in the area. Nearby schools include Dothan High School and Northview High School.
There are plenty of activities near this property like Dothan Leisure Services, Dothan Houston County Library, and more.
Public transportation options include: Dothan provides public transit services through the Dothan Area Transit System, offering reliable transportation options for residents.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Westgate Park, Dothan Area Botanical Gardens and more.
Services available in the area include cellular and internet options.
This property in Dothan, AL is located in the Phillips Terrace 1st Add Subdivision.
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 Phillips Ter located in Dothan, AL is $1,131/month. Comparable homes around Phillips Ter that are rentals have monthly ranges starting as low as $1,020 per month and as high as $1,241 per month. An owner looking to use this property as an investment could bring a return in the area of $1,020 - $1,241 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 |
|---|---|---|---|
| 09/11/25 | Foreclosure | ||
| 06/11/25 | 08/13/25 | Foreclosure | |
| 03/20/25 | 06/02/25 | Preforeclosure | |
| 03/18/25 | 04/21/25 | Preforeclosure |
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Kostner Ave
Matteson, IL
| 3 BEDS |
2 BATHS |
2,258 SQUARE FEET |
Single-Family PROPERTY TYPE |
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