$256,340 EMV

2 Beds   2 Baths   1,084 Sq. Ft.   Single-Family
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Se Sheridan Rd
Sheridan, OR 97378

Overview

This Single-Family Foreclosure is located at Se Sheridan Rd, Sheridan, OR 97378. It has 2 Beds 2 Baths , 1,084 sqft of living space. This property is currently bank owned with an estimated market value of $256,340.
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Status: Active
Listing ID: 62205872
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Homes near Se Sheridan Rd in Sheridan, Oregon


Learn about Se Sheridan Rd in Sheridan, OR

This single-family property is available as a foreclosure at Se Sheridan Rd. This property features 2 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 1,084 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 Sheridan, specifically for Se Sheridan Rd and comparable listings. Based on this expert analysis, the estimated market value is $256,340. If purchased for rental purposes, the monthly rental rate could range between $830 and $1,251, 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 Se Sheridan Rd are updated daily along with others in Sheridan, Oregon, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Se Sheridan Rd 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

Se Sheridan Rd in Sheridan Oregon Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Se Sheridan Rd
View Foreclosure Status
07/10/24
Bank owned
Properties 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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

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What is the city of Sheridan, OR like?

Sheridan is a charming small town in Yamhill County, Oregon, known for its friendly community and picturesque landscapes. The town is surrounded by lush greenery, vineyards, and rolling hills, making it an ideal location for those seeking a peaceful rural lifestyle while still having access to modern amenities.

The area boasts a rich cultural history, with numerous local events and festivals throughout the year. Residents enjoy outdoor recreational activities such as hiking, biking, and fishing in nearby rivers and parks. Additionally, the proximity to larger cities like McMinnville and Salem provides residents with access to more extensive dining, shopping, and entertainment options.

Education is prioritized in Sheridan, with local schools having a strong reputation and a commitment to student success. The town’s supportive community demonstrates a dedication to fostering a nurturing environment for children and families alike.

Nearby Schools

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

Sheridan High School
Sheridan Middle School
Faulconer-Chapman School

Nearby Attractions

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

Sheridan Public Library
Sheridan Community Center
Yamhill County Historical Society

What kind of public transportation is there?


Public transportation options include: Corvallis Transit System - Routes connecting Sheridan with nearby cities, Limited regional bus services available for longer trips. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Sheridan City Park, Baker Creek Park and more.

Sheridan City Park
Baker Creek Park
Yamhill County Parks - various locations

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

Xfinity
CenturyLink
Touchstone Wireless
Rental Chart
View Rental and Market Value
for Se Sheridan Rd in Sheridan Oregon
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Property Information

Foreclosure

The property located at Se Sheridan Rd in Sheridan, OR is listed as a Foreclosure

Properties like Se Sheridan Rd in Sheridan, Oregon 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 Sheridan, OR. The longer lenders own properties like this on Se Sheridan Rd, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

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:

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Contact Information

Credit Information Center

County Information

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Rental Value

The estimated rental value for Se Sheridan Rd located in Sheridan, OR is $1,072/month. Comparable homes around Se Sheridan Rd that are rentals have monthly ranges starting as low as $830 per month and as high as $1,251 per month. An owner looking to use this property as an investment could bring a return in the area of $830 - $1,251 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
07/18/24 07/02/24 Foreclosure
07/10/24   Foreclosure
05/10/24 07/08/24 Preforeclosure
04/04/24 07/08/24 Preforeclosure BANK OF AMERICA
03/27/24 07/08/24 Preforeclosure Bank Of America NA
10/04/23 10/25/23 Preforeclosure
06/21/23 10/25/23 Preforeclosure

Similar Homes Nearby Sheridan, OR


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Se Sheridan Rd
Sheridan, OR 97378

2 Beds   2 Baths   1,084 sq. ft.   Single-Family

$256,340 EMV

Status: Active Listing ID: 62205872

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Se-Sheridan-Rd-Sheridan-OR-97378/62205872_lid

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