Foreclosure for Sale on Terrace St, Wellsburg, NY 14894

Foreclosures โ€บ New York โ€บ Chemung โ€บ Wellsburg โ€บ Terrace St
Bank-owned REO foreclosure property at Terrace St, Wellsburg, NY 14894. Chemung County foreclosure listing.
Foreclosure (REO) Active 107 days on market
Terrace St, Wellsburg, NY 14894
Price TBD
Chemung County ยท New York
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Property details
Listing type Foreclosure
Property type MultiFamily
County Chemung County
State New York
ZIP 14894
Days on Market 107 days
Listing ID 65648961
About this property

This Wellsburg, NY property is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted.

๐Ÿ“Š Chemung County Market ยท Updated daily
Active Listings
168
Avg. Est. Value
$80,460
Bank-Owned (REO)
42
Pre-Foreclosures
126

2 active foreclosure listings in Wellsburg, NY.

Browse all Chemung County foreclosures โ†’
โ“ Frequently Asked Questions
This is a bank-owned (REO) property. The lender has repossessed it after the foreclosure process completed. REO properties are sold as-is but typically allow conventional financing and interior inspections before closing.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Chemung County foreclosures for additional guidance on the purchase process.
There are currently 2 active foreclosure listings in Wellsburg, NY. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map โ†’
๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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๐Ÿ“ Location Map ยท Wellsburg, NY Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 14894 ยท U.S. Census ACS
Population
1,440
Median Age
40.4 yrs
Households
460
Median Household Income
$55,556
Median Home Value
$94,200
Median Rent
$1,219/mo
Owner-Occupied
85% of homes
Vacancy Rate
13% of units
Unemployment Rate
4.9%

~6% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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๐Ÿ“ Nearby Foreclosures
Church St
Wellsburg, NY 14894
3 bd ยท 1 ba ยท 1,580 sqft ยท Preforeclosure
View all in ZIP 14894 โ†’
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