$49,300 EMV

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Lake Grove Rd
Newellton, LA 71357


This Single-Family Tax Lien is located at Lake Grove Rd, Newellton, LA 71357. This property is Tax Lien with an estimated market value of $49,300.
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Status: Active
Listing ID: 58687533
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Learn about Lake Grove Rd in Newellton, LA

This single-family property is available as a tax lien at Lake Grove Rd. Based on our analysis of the current market conditions in Newellton for Lake Grove Rd and comparable listings, the estimated market value is $49,300. If purchased for rental purposes, the monthly rental rate could range between $650 and $890. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Lake Grove Rd are updated daily along with others in Newellton, Louisiana.

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Property Information

Tax Lien

The property located at Lake Grove Rd in Newellton, LA is listed as a Tax Lien

The property located at Lake Grove Rd in Newellton, Louisiana 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.

First Steps to Buying a Tax Lien

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.


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Rental Value

The estimated rental value for Lake Grove Rd located in Newellton, LA is $770/month. Comparable homes around Lake Grove Rd that are rentals have monthly ranges starting as low as $650 per month and as high as $890 per month. An owner looking to use this property as an investment could bring a return in the area of $650 - $890 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.

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Lake Grove Rd
Newellton, LA 71357


$49,300 EMV

Status: Active Listing ID: 58687533

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