Overview
This Condo Tax Lien is located at Country Club Dr # 520, Mountain Village, CO 81435. It has 2 Beds 2.5 Baths , 1,428 sqft of living space. This property is Tax Lien with an estimated market value of $423,423.
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This condo property is available as a tax lien at Country Club Dr # 520. This property features 2 bedrooms and 2.5 bathrooms, perfect for investment and/or your personal residence. With 1,428 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 Mountain Village, specifically for Country Club Dr # 520 and comparable listings. Based on this expert analysis, the estimated market value is $423,423. If purchased for rental purposes, the monthly rental rate could range between $1,110 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 Country Club Dr # 520 are updated daily along with others in Mountain Village, Colorado, ensuring you have the most current and accurate information.
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.
This property in Mountain Village, CO is located in the Doral Hotel Subdivision.
The property located at Country Club Dr # 520 in Mountain Village, CO is listed as a Tax Lien
The property located at Country Club Dr # 520 in Mountain Village, Colorado has a tax lien. When annual property taxes are delinquent, a lien is immediately placed against the property that must be paid in full before it can be sold. If a homeowner fails to pay his or her real estate taxes, the government or other taxing entity may attempt to sell the property. For this reason, valuable properties may sometimes be acquired for a fraction of their true value.Tax Liens are issued when a property owner fails to pay real estate taxes in a timely manner and a taxing authority, such as a city, county, or state, declares the taxes in default.
Here are the basic steps to follow:
There is a highly organized market for real estate tax liens and many sophisticated investors buy them. Tax liens can offer higher returns than many other types of interest-bearing investments and represent an opportunity for very little cash. The market for tax lien properties is competitive and the taxing authorities have specific rules to be followed. A wise investor will research each property to make certain his investment is secure.
The estimated rental value for Country Club Dr # 520 located in Mountain Village, CO is $1,141/month. Comparable homes around Country Club Dr # 520 that are rentals have monthly ranges starting as low as $1,110 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 $1,110 - $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.
Status: Active
A tax lien has been filed due to unpaid property taxes. The owner may need to resolve this before transferring ownership.
Status: Active
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