Why this might be a deal
Medium distress (5/10) · Underwater by $6k — short-sale or strategic-default territory
1401 NATCHEZ TRCE
fclosure.comMesquite, Dallas County, TX, 75149
1401 Natchez Trce
Mesquite, Dallas County, TX, 75149
$209,330 market value
Underwater by $5,703 (-3%)
Property Details
- Bedrooms
- 2
- Bathrooms
- 2
- Sq Ft
- 1,116
- Year Built
- 1984
- Type
- Residential
- Rent Estimate
- $1,807/mo
Financial
- Market Value
- $209,330
- Original Loan
- $215,033
- Estimated Equity
- -$5,703
- Instrument #
- 202500039245
−$5,703(-3%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Apr 1, 2025
- Filing Date
- Feb 27, 2025
- County
- Dallas
Due Diligence
Nearby Properties
Parties
- Borrower
- BEARDEN JOHN THOMAS
- Lender
- SEATTLE BANK
- Trustee
- ORTOLANI SHELLEY
Distress Level
5
Medium distress
Sum of weighted signals (max 10) · formula
- Pre-foreclosure (Appointment of Substitute Trustee)+3
- Underwater+1
- Stale filing (>120 days)+1
Bid Calculator
Lifecycle
DOT
2
ASTFeb 273
NTS4
Auction5
Result