OWNER-FINANCED: 19.68 Acres in Kern County, CA. Priced below tax value! Only $413.50/month.

Full Description

OWNER-FINANCED: Near the city of Tehachapi, CA 19.68 Acres of Land! This fabulous 19.68-acre property is located on Pine Ridge Road, and less than 10 miles from the city of Tehachapi, outside of Southern California’s congested highly populated areas and outside of the drier hotter deserts and valleys surrounding it. The mountain locale epitomizes outdoor living at its best. People who live in Tehachapi, whether resident or visitor relish their time spent outside enjoying the scenic beauty and all the recreational opportunities, extreme sports and wildlife the area has to offer. The City of Tehachapi is comprised of over 13,000 residents and the epicenter of shopping, retail, arts and culture. It is surrounded by the unincorporated Kern County communities of Golden Hills, Cummings Valley, Bear Valley Springs, Stallion Springs, Mountain Meadows, and Sand Canyon. This property is being offered at below the current tax value, with seller financing. Please research its development potential with the City and place your bid today! THIS IS A BID & ASSUME AUCTION. You are bidding on the down payment, and the full purchase price is $34,100. The interest rate is 8.25% and the duration of the note is 12 years. On a $1 down payment, the monthly payment would be approximately $413.50/month, including principal, interest, and property taxes. There is no prepayment penalty to pay the note off faster. The down payment (which will be equal to the winning bid) and a deed preparation and recording fee of $399 will be due within 3 business days of the auction's close and may be paid by cashier's check, wire transfer, or ZELLE. The Land Sale Contract must be signed within 14 calendar days of the auction's close. All monies paid are non-refundable. TIME IS OF THE ESSENCE. PROPERTY WILL BE CONVEYED VIA A GRANT DEED AS-IS TITLE SUBJECT TO ANY LIENS (SHOULD ANY EXIST), ONCE THE NOTE IS PAID IN FULL. PLEASE MAKE SURE YOU'RE READY TO FUND THE DOWN PAYMENT BEFORE YOU BID! The following info was provided by Kern County and should be verified prior to purchase.