$49,364 EMV

3 Beds 1,152 Sq. Ft.   Single-Family
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Russwin St
Clarksdale, MS 38614

Overview

This possible Bankruptcy asset is located at Russwin St, Clarksdale, MS 38614. It has 3 Beds , 1,152 sqft of living space. This property has an estimated market value of $49,364.
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Status: Active
Listing ID: 62835754
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Learn about Russwin St in Clarksdale, MS

With 1,152 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 Clarksdale, specifically for Russwin St and comparable listings. Based on this expert analysis, the estimated market value is $49,364. If purchased for rental purposes, the monthly rental rate could range between $600 and $820, 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 Russwin St are updated daily along with others in Clarksdale, Mississippi, ensuring you have the most current and accurate information.


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Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
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.

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What is the city of Clarksdale, MS like?

Clarksdale, Mississippi, known for its rich musical heritage, offers a unique lifestyle that blends southern charm with vibrant culture. The area is home to various music festivals, including the famous Juke Joint Festival, celebrating the roots of blues music. The local community is tight-knit, providing residents with a warm and welcoming atmosphere while also being rich in history and cultural attractions.

Residents of Clarksdale enjoy access to numerous local amenities, such as family-owned restaurants, art galleries, and small shops that embody the essence of this historic town. Outdoor enthusiasts can partake in various recreational activities, including fishing on the nearby Mississippi River or exploring the scenic areas around the Delta region.

The town offers a decent selection of educational institutions, public parks, and community events that promote engagement. It has a slower pace of life compared to urban centers, making it an ideal place for families and retirees looking for a peaceful environment.

Nearby Schools

There are 4 schools in the area. Nearby schools include Clarksdale High School and Columbia High School.

Clarksdale High School
Columbia High School
Clarksdale Middle School
Pearl River School

Nearby Attractions

There are plenty of activities near this property like Clarksdale Public Library, Community Health Center, and more.

Clarksdale Public Library
Community Health Center
Clarksdale Entertainment District

What kind of public transportation is there?


Public transportation options include: Limited bus services that connect Clarksdale to nearby towns., Amtrak services available for long-distance travel at nearby stations.. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include L.P. Eaglin Park, Delta Blues Park and more.

L.P. Eaglin Park
Delta Blues Park
J.W. McLarty Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

AT&T
C-Spire
Windstream
Rental Chart
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for Russwin St in Clarksdale Mississippi
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Property Information

Public Records

Community & Neighborhood

This property in Clarksdale, MS is located in the Westhaven Subdivision.


Bankruptcy

The property located at Russwin St in Clarksdale, MS is listed as a potential Bankruptcy asset.

This property may be available as a potential bankruptcy asset in Case Number: 24-13854-jdw. It is listed because the address was used as the mailing address for an individual who has filed for bankruptcy on 12-03-2024. This listing at Russwin St in Clarksdale, Mississippi is among more than 1 million records featured in our comprehensive nationwide real estate database. However, unlike most property records, not all homes / addresses associated with a bankruptcy filing are for sale. We highly recommend that you first contact Locke D. Barkley (court-appointed receiver / trustee) listed below (scroll down) under "Legal/Bankruptcy Information" sections to learn whether or not the property is (or will soon be) for sale.

What is a bankruptcy estate?

A property owner who is experiencing difficult financial issues will sometimes file for bankruptcy as a last resort. This is a legal proceeding (usually called Chapter 7 bankruptcy), during which a court-appointed receiver / trustee, like Locke D. Barkley, will be assigned to determine all the assets of a distressed property owner. More often than not, a home or property is one of the most valuable assets that the court-appointed receiver / trustee will leverage to satisfy the distressed property owner’s outstanding debts. The contents of the home, as well as any other assets (e.g. cars, boats, etc.), are also often included in a bankruptcy estate. Locke D. Barkley is almost always motivated to sell a property included in a bankruptcy filing very fast -- there is no real attachment to it other than to obtain funds to pay off debts. And the savings for a savvy buyer and/or investor looking to buy a house that's part of a bankruptcy filing for sale in Clarksdale, MS can be tremendous.

First Steps to Buying a Bankruptcy

In order to purchase a bankruptcy property, you will need to approach Locke D. Barkley to pursue your deal.

Contact Locke D. Barkley to find out if the property is for sale as part of the bankruptcy.  If so, request the terms for the sale of the property as well as any additional information regarding the condition of the property. This will help you understand the type of investment your are getting into.

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Legal Information

Bankruptcy Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Russwin St located in Clarksdale, MS is $710/month. Comparable homes around Russwin St that are rentals have monthly ranges starting as low as $600 per month and as high as $820 per month. An owner looking to use this property as an investment could bring a return in the area of $600 - $820 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
12/03/24   Bankruptcy
03/10/20 03/18/20 Preforeclosure

Similar Homes Nearby Clarksdale, MS


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Russwin St
Clarksdale, MS 38614

3 Beds 1,152 sq. ft.   Single-Family

$49,364 EMV

Status: Active Listing ID: 62835754

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=Russwin-St-Clarksdale-MS-38614/62835754_lid

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