Why this might be a deal
Critical distress (8/10) · Underwater by $130k — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
1201 JEANETTE WAY
fclosure.comCarrollton, Dallas County, TX, 75006
1201 Jeanette Way
Carrollton, Dallas County, TX, 75006
$432,100 market value
Underwater by $130,400 (-30%)
Property Details
- Bedrooms
- 4
- Bathrooms
- 2.5
- Sq Ft
- 2,212
- Year Built
- 1991
- Type
- Residential
- Rent Estimate
- $4,150/mo
Financial
- Market Value
- $432,100
- Original Loan
- $562,500
- Estimated Equity
- -$130,400
- Instrument #
- 202600000142
−$130,400(-30%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Apr 7, 2026
- Filing Date
- Mar 12, 2026
- County
- Dallas
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- SMITH NEELI S
- Lender
- WELLS FARGO BANK NATIONAL ASSOCIATION
- Trustee
- Francesca Ortolani, Carol Dunmon or Payton Hreha McCalla Raymer Leibert Pierce, LLP, Shelley Ortolani, Michele Hreha, Mary Mancuso. ATTENTION ALL PROSPECTIVE BIDDERS
Distress Level
8
Critical distress
Sum of weighted signals (max 10) · formula
- Notice of Foreclosure filed+5
- Deeply underwater (≥20%)+2
- Previously cancelled or postponed+1
Bid Calculator
Lifecycle
DOT
AST
NTSMar 12
AuctionApr 7
5
ResultCancelled