$166,352 EMV

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River View Rd
Spaulding, IL 62561

Overview

This possible Bankruptcy asset is located at River View Rd, Spaulding, IL 62561. This property has an estimated market value of $166,352.
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Status: Active
Listing ID: 62918328
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Learn about River View Rd in Spaulding, IL

Our team of real estate experts has conducted a thorough analysis of the current market conditions in Spaulding, specifically for River View Rd and comparable listings. Based on this expert analysis, the estimated market value is $166,352. If purchased for rental purposes, the monthly rental rate could range between $1,131 and $1,530, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on River View Rd are updated daily along with others in Spaulding, Illinois, ensuring you have the most current and accurate information.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Find out more about this property on River View Rd
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What is the city of Spaulding, IL like?

Spaulding, IL is a quaint village nestled in the heart of Sangamon County. Known for its tight-knit community, residents enjoy a peaceful rural lifestyle coupled with the beauty of the surrounding landscapes. Outdoor enthusiasts can find a variety of recreational activities within a short drive, including hiking trails, fishing spots, and picnic areas.

The area boasts a friendly atmosphere with local businesses and family-owned shops that enrich the community feel. The village is also home to several parks providing open spaces for children and families to enjoy leisure activities. With its proximity to larger urban centers, Spaulding offers a blend of rural charm and accessibility to urban amenities.

Education is prioritized in Spaulding with several public school options available for families. The village is served by the Auburn School District, ensuring a commitment to quality education. Additionally, residents have access to various extracurricular activities that support children’s growth both academically and socially.

Nearby Schools

There are 3 schools in the area. Nearby schools include Auburn High School and Auburn Middle School.

Auburn High School
Auburn Middle School
Auburn Elementary School

Nearby Attractions

There are plenty of activities near this property like Spaulding Public Library, Spaulding Community Center, and more.

Spaulding Public Library
Spaulding Community Center
Auburn Medical Center

What kind of public transportation is there?


Public transportation options include: Limited public bus services connecting to nearby cities, Ride-sharing services available in the area. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Spaulding Park, Hartman Park and more.

Spaulding Park
Hartman Park
Sangchris Lake State Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

Comcast
AT&T
Mediacom
Rental Chart
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for River View Rd in Spaulding Illinois
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Property Information

Bankruptcy

The property located at River View Rd in Spaulding, IL is listed as a potential Bankruptcy asset.

This property may be available as a potential bankruptcy asset in Case Number: 24-71013. It is listed because the address was used as the mailing address for an individual who has filed for bankruptcy on 12-23-2024. This listing at River View Rd in Spaulding, Illinois is among more than 1 million records featured in our comprehensive nationwide real estate database. However, unlike most property records, not all homes / addresses associated with a bankruptcy filing are for sale. We highly recommend that you first contact Marsha L Combs-skinner (court-appointed receiver / trustee) listed below (scroll down) under "Legal/Bankruptcy Information" sections to learn whether or not the property is (or will soon be) for sale.

What is a bankruptcy estate?

A property owner who is experiencing difficult financial issues will sometimes file for bankruptcy as a last resort. This is a legal proceeding (usually called Chapter 7 bankruptcy), during which a court-appointed receiver / trustee, like Marsha L Combs-skinner, will be assigned to determine all the assets of a distressed property owner. More often than not, a home or property is one of the most valuable assets that the court-appointed receiver / trustee will leverage to satisfy the distressed property owner’s outstanding debts. The contents of the home, as well as any other assets (e.g. cars, boats, etc.), are also often included in a bankruptcy estate. Marsha L Combs-skinner is almost always motivated to sell a property included in a bankruptcy filing very fast -- there is no real attachment to it other than to obtain funds to pay off debts. And the savings for a savvy buyer and/or investor looking to buy a house that's part of a bankruptcy filing for sale in Spaulding, IL can be tremendous.

First Steps to Buying a Bankruptcy

In order to purchase a bankruptcy property, you will need to approach Marsha L Combs-skinner to pursue your deal.

Contact Marsha L Combs-skinner to find out if the property is for sale as part of the bankruptcy.  If so, request the terms for the sale of the property as well as any additional information regarding the condition of the property. This will help you understand the type of investment your are getting into.

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Legal Information

Bankruptcy Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for River View Rd located in Spaulding, IL is $1,378/month. Comparable homes around River View Rd that are rentals have monthly ranges starting as low as $1,131 per month and as high as $1,530 per month. An owner looking to use this property as an investment could bring a return in the area of $1,131 - $1,530 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
12/23/24   Bankruptcy

Similar Homes Nearby Spaulding, IL


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River View Rd
Spaulding, IL 62561

$166,352 EMV

Status: Active Listing ID: 62918328

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=River-View-Rd-Spaulding-IL-62561/62918328_lid

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