$114,580 EMV

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Summerwood Dr
Sulphur, LA 70663


This is located at Summerwood Dr, Sulphur, LA 70663. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time.
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Status: Inactive
Listing ID: 59893451
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Learn about Summerwood Dr in Sulphur, LA

This property is available as a preforeclosure at Summerwood Dr. Based on our analysis of the current market conditions in Sulphur for Summerwood Dr and comparable listings, the estimated market value is $114,580. If purchased for rental purposes, the monthly rental rate could range between $991 and $1,398. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Summerwood Dr are updated daily along with others in Sulphur, Louisiana.

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Property Information

  • Source ID: 21922516
  • Day(s) On Site: 72
  • Subdivision: SUMMERWOOD
  • Plaintiff: loanDepot com llc
  • Defendant Name: JAMES L MANCIL
  • Case Number: 1-2023-000342
  • Trustee Address: 601 Poydras St
  • Trustee City: NEW ORLEANS
  • Trustee State: LA
  • Trustee Zip: 70130
  • Trustee Phone: (504) 522-8256
  • Deed Category: NFS
  • Mortgage Balance: $139,274

Public Records

  • APN: 01095374
  • Property Type: Single Family Residence
  • Subdivision: SUMMERWOOD


The property located at Summerwood Dr in Sulphur, LA is listed as a Preforeclosure

The process of preforelcosure with properties like Summerwood Dr in Sulphur, Louisiana begin when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.


Auction Information

  • Auction Date: 05-17-2023
  • Auction Time: 10:00 AM
  • Auction Address: 1000 Ryan Street
  • Auction City: LAKE CHARLES

Loan Information

  • Mortgage Balance: $139,274

Legal Information

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County Information

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Rental Value

The estimated rental value for Summerwood Dr located in Sulphur, LA is $1,171/month. Comparable homes around Summerwood Dr that are rentals have monthly ranges starting as low as $991 per month and as high as $1,398 per month. An owner looking to use this property as an investment could bring a return in the area of $991 - $1,398 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.

Listing History

Start Date End Date Listing Type Bank Name
02/10/12 02/09/13 Bankruptcy

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Summerwood Dr
Sulphur, LA 70663

$114,580 EMV

Status: Inactive Listing ID: 59893451

Property Information

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Public Records

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Property Description

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