Why this might be a deal
High distress (6/10) · Underwater by $475k — short-sale or strategic-default territory · primary driver: pre-foreclosure (appointment of substitute trustee)
2230 IVANHOE CIR
fclosure.comGrand Prairie, Dallas County, TX, 75050
2230 Ivanhoe Cir
Grand Prairie, Dallas County, TX, 75050
$424,720 market value
Underwater by $475,290 (-112%)
Property Details
- Bedrooms
- 4
- Bathrooms
- 2
- Sq Ft
- 2,270
- Year Built
- 2001
- Type
- Residential
- Rent Estimate
- $3,526/mo
Financial
- Market Value
- $424,720
- Original Loan
- $900,010
- Estimated Equity
- -$475,290
- Instrument #
- 202500010757
−$475,290(-112%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Mar 4, 2025
- Filing Date
- Jan 17, 2025
- County
- Dallas
Due Diligence
Nearby Properties
Parties
- Borrower
- MARTINEZ IMELDA M
- Lender
- M&T BANK AIF
- Trustee
- ORTOLANI SHELLEY SUB TR
Distress Level
6
High distress
Sum of weighted signals (max 10) · formula
- Pre-foreclosure (Appointment of Substitute Trustee)+3
- Deeply underwater (≥20%)+2
- Stale filing (>120 days)+1
Bid Calculator
Lifecycle
DOT
2
ASTJan 173
NTS4
Auction5
Result