$6,970

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Settlement Rd
Springfield, LA 70462

*Rental Value Coming Soon

Overview

This Foreclosure is located at Settlement Rd, Springfield, LA 70462. This property is currently bank owned.
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Status: Active
Listing ID: 59804042
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Nearby Foreclosures

Homes near Settlement Rd in Springfield, Louisiana


Learn about Settlement Rd in Springfield, LA

This property is available as a foreclosure at Settlement Rd. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Springfield, specifically for Settlement Rd and comparable listings. Based on this expert analysis, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Settlement Rd are updated daily along with others in Springfield, Louisiana, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Settlement Rd below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


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.

Foreclosure Timeline

Settlement Rd in Springfield Louisiana Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Settlement Rd
View Foreclosure Status
03/03/23
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $6,970. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

What is the city of Springfield, LA like?

Springfield, Louisiana, is a small, charming town known for its friendly atmosphere and community-oriented lifestyle. Nestled in the heart of Louisiana, it offers a quiet yet vibrant living environment perfect for families and retirees alike. The combination of lush landscapes and picturesque homes makes Springfield an appealing choice for those looking to invest in real estate.

The town is equipped with essential amenities, including local grocery stores, healthcare facilities, and recreational parks. Residents can enjoy outdoor activities such as fishing, hiking, and exploring nearby natural reserves. Springfield also has a strong sense of community, with various events and gatherings that unite its residents throughout the year.

Education is a priority in Springfield, with several reputable schools that cater to students of all ages. From elementary to high school, families can find quality educational options that contribute to the overall appeal of living in this town. The friendly neighborhoods are conducive to raising children and provide a safe environment for families.

Nearby Schools

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

Springfield High School
Springfield Middle School
Springfield Elementary School

Nearby Attractions

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

Springfield Community Center
Springfield Library
Springfield Medical Clinic

What kind of public transportation is there?


Public transportation options include: Limited local bus services available for commuting to nearby towns, Rideshare services like Uber and Lyft operate in the area. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Springfield Park, Holly Grove Park and more.

Springfield Park
Holly Grove Park
Riverside Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon Wireless
AT&T
T-Mobile

Internet Providers

AT&T
Cox Communications
Ritter Communications
Rental Chart
View Rental and Market Value
for Settlement Rd in Springfield Louisiana
View Market Value

Property Information

Foreclosure

The property located at Settlement Rd in Springfield, LA is listed as a Foreclosure

Properties like Settlement Rd in Springfield, Louisiana listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Springfield, LA. The longer lenders own properties like this on Settlement Rd, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

Read more...

Auction Information

Credit Information Center

County Information

Document Center

Listing History

Start Date End Date Listing Type Bank Name
03/03/23   Foreclosure
03/19/21 05/25/21 Foreclosure

Similar Homes Nearby Springfield, LA


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Settlement Rd
Springfield, LA 70462

$6,970

Status: Active Listing ID: 59804042

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Settlement-Rd-Springfield-LA-70462/59804042_lid

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