$65,960 EMV

Single-Family
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Mill Pond Rd
Springhill, LA 71075

Overview

This Single-Family Tax Lien is located at Mill Pond Rd, Springhill, LA 71075. This property is Tax Lien with an estimated market value of $65,960.
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Status: Active
Listing ID: 56501694
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Learn about Mill Pond Rd in Springhill, LA

This single-family property is available as a tax lien at Mill Pond Rd. Based on our analysis of the current market conditions in Springhill for Mill Pond Rd and comparable listings, the estimated market value is $65,960. 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 Mill Pond Rd are updated daily along with others in Springhill, Louisiana.


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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 Mill Pond Rd located in Springhill, LA is $1,171/month. Comparable homes around Mill Pond Rd 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
05/13/20 06/30/20 Foreclosure
02/15/20 06/30/20 Foreclosure
02/12/20 03/10/20 Foreclosure

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Homes On This Street
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Mill Pond Rd
Springhill, LA 71075

Single-Family

$65,960 EMV

Status: Active Listing ID: 56501694

Property Information

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Property Description

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Listing URL

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