$270,214 EMV

Get the Preforeclosure Address

Saint Louis Rd Ne
Gervais, OR 97026

Overview

This Preforeclosure is located at Saint Louis Rd Ne, Gervais, OR 97026. This property is currently in auction with an estimated market value of $270,214.
Save money on this property now.

Status: Active
Listing ID: 63379949
Interested in this property?
View More Photos
Create a Free Account

Nearby Foreclosures

Homes near Saint Louis Rd Ne in Gervais, Oregon


Learn about Saint Louis Rd Ne in Gervais, OR

This property is available as a preforeclosure at Saint Louis Rd Ne. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Gervais, specifically for Saint Louis Rd Ne and comparable listings. Based on this expert analysis, the estimated market value is $270,214. If purchased for rental purposes, the monthly rental rate could range between $720 and $1,080, 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 Saint Louis Rd Ne are updated daily along with others in Gervais, Oregon, ensuring you have the most current and accurate information. Since this property is a preforeclosure, be sure to check out our Foreclosure Timeline for Saint Louis Rd Ne below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Buy this home for as little as

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.

Foreclosure Timeline

Saint Louis Rd Ne in Gervais Oregon Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Saint Louis Rd Ne
View Preforeclosure Status
04/23/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

This Property Has An Auction

Get up-to-date information and real-time property status updates:

Address: Saint Louis Rd Ne Gervais OR 97026

Auction Time Left

-
DAYS
-
HRS
-
MIN
-
SEC

The countdown is usually accurate but not exact. To be safe, place bids 2 hours before the bidding ends.

What is the city of Gervais, OR like?

Gervais, located in Marion County, Oregon, is a charming small town with a close-knit community atmosphere. The area offers a parade of seasonal events, local farmers' markets, and a strong emphasis on family-friendly activities, making it a desirable location for families seeking a peaceful lifestyle yet connected with the amenities of larger cities.

The economy in Gervais is supported primarily by agriculture with a number of farms surrounding the town, providing a scenic rural backdrop. While primarily residential, Gervais has easy access to nearby urban centers like Salem and Woodburn, which host shopping, dining, and entertainment options, contributing to the overall appeal for real estate investment.

Outdoor enthusiasts will appreciate Gervais’s proximity to several parks and recreational areas, along with beautiful landscapes ideal for hiking, biking, and boating. The breathtaking Pacific Northwest scenery and mild weather allow for year-round activities enjoyed by residents and visitors alike.

Nearby Schools

There are 3 schools in the area. Nearby schools include Gervais High School and Gervais Middle School.

Gervais High School
Gervais Middle School
Gervais Elementary School

Nearby Attractions

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

Gervais Public Library
Gervais Community Center
Santiam Hospital

What kind of public transportation is there?


Public transportation options include: Local bus services connecting Gervais with Salem and other nearby communities., Ridesharing options available through popular apps.. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Gervais Community Park, Chemawa Park and more.

Gervais Community Park
Chemawa Park
Pine Street Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

Comcast Xfinity
CenturyLink
Rental Chart
View Rental and Market Value
for Saint Louis Rd Ne in Gervais Oregon
View Market Value

Property Information

Preforeclosure

The property located at Saint Louis Rd Ne in Gervais, OR is listed as a Preforeclosure

This listing located at Saint Louis Rd Ne in Gervais, OR could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Gervais, Oregon is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Gervais, OR, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Gervais, Oregon doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

This is an important legal concept to understand before moving forward

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

Read more...

Auction Information

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Saint Louis Rd Ne located in Gervais, OR is $900/month. Comparable homes around Saint Louis Rd Ne that are rentals have monthly ranges starting as low as $720 per month and as high as $1,080 per month. An owner looking to use this property as an investment could bring a return in the area of $720 - $1,080 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
04/23/25   Preforeclosure Fairway Independent Mortgag...
04/09/25   Preforeclosure

Similar Homes Nearby Gervais, OR


The information provided on the Website, which encompasses details such as property dimensions, floor area, valuation, geographic location, and general property description, is furnished for your convenience and originates from third-party sources. This data should not be interpreted as constituting a contractual offer for the procurement, leasing, or advertising of real estate. No express or implied warranties or assurances are extended concerning these properties, including their availability. While the data presented on this Website is considered reliable, it acknowledges a degree of uncertainty, thus necessitating independent verification.

The administrators of this platform, as well as their respective directors, associates, and personnel, have not undertaken a process of due diligence to verify the accuracy of the information. Their role is limited to disseminating the information, and they do not accept liability, whether direct or indirect, for any injuries, losses, claims, damages, or associated indirect or consequential harms, including but not limited to lost profits or savings, arising from the use of any information or any deficiencies, inaccuracies, or defects in the disseminated information within the bounds of the Website.

Foreclosure.com, in conjunction with its Affiliates, disclaims any responsibility arising from your acquisition of third-party goods, services, or tangible properties based on the informational context of the Site. Foreclosure.com reserves the right, at its sole discretion and without prior notice, to rectify errors or omissions within any section of the Site or to restrict access to the Site.

Relying solely on the informational content featured on the Website is not advisable. Conduct your own personal inquiries and seek legal counsel regarding any property under consideration within the scope of the Website or the associated data.


MORTGAGE CALCULATOR

Calculate monthly mortgage payments with our easy mortgage loan calculator.

Homes On This Street
View more homes on Saint Louis Rd Ne
foreclosure.com

Saint Louis Rd Ne
Gervais, OR 97026

$270,214 EMV

Status: Active Listing ID: 63379949

Property Information

Sign in to see detailed property information.

Public Records

Sign in to see detailed property information.

Property Description

Sign in to see detailed property information.

Listing URL

https://www.foreclosure.com/listing/address.html?address=Saint-Louis-Rd-Ne-Gervais-OR-97026/63379949_lid

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2025. All Rights Reserved.