$227,000
$190,800
19.0%For more information regarding the value of a property, please contact us for a free consultation.
10.71 Acres Lot
SOLD DATE : 08/29/2024
Key Details
Sold Price $227,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV24150999
Sold Date 08/29/24
HOA Y/N No
Lot Size 10.710 Acres
Property Description
Vacant Land Opportunity with a pond in Lower Lake, CA. The incorrect legal property description in the underlying DOT was reviewed. Notwithstanding, the APN number and address were correct. Moreover, the correct legal description was stated in all foreclosure notices and in the Trustee’s Deed Upon Sale (“TDUS”) recorded after the foreclosure on 4/17/19. The TDUS eliminated the underlying DOT. Thus, there is no actual confusion concerning the correct description and property location at 14725 Murphy Springs Road, Lower Lake, CA. Upon prior tender to First American Title Insurance Co. in August 2019, it determined no reason to extend coverage before the foreclosure since there were no challenges to the property or validity of the deed of trust. Neither the borrower or anyone else has challenged or submitted any adverse claim regarding the prior foreclosure or the property description issue to date. It was previously advised on 4/11/24 that REO can proceed with marketing land.
Location
State CA
County Lake
Area Lcll - Lower Lake
Zoning A
Interior
Fireplace No
Exterior
Community Features Suburban
Utilities Available Water Not Available
View Y/N No
View None
Building
Lot Description Irregular Lot
Water None
New Construction No
Others
Senior Community No
Tax ID 122151080000
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Auction, Real Estate Owned
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Bought with General NONMEMBER • NONMEMBER MRML
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