$1,350,000
$1,499,000
9.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
2,820 SqFt
SOLD DATE : 09/20/2021
Key Details
Sold Price $1,350,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,820 sqft
Price per Sqft $478
MLS Listing ID OC20239300
Sold Date 09/20/21
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1995
Lot Size 20.000 Acres
Property Description
Major price reduction!!! Sellers are extremely motivated to sell so they can join the rest of their family who live in Oklahoma. Buy this SERIOUS MONEY MAKER today!
INCOME:
$103,524 annually ($42,324 for solar, $19,200 for renovated mobile home & $42,000 for main home). Mobile is currently rented. Or put 20% down, the P&I payment is $5396/month w/ a 30 year loan @ 3% interest. The income for solar & mobile home is $5127/month (DO THE MATH IT LEAVES A PAYMENT OF $269/MONTH). It's a no brainer of a deal for any buyer. W/O solar & mobile home income this property is still worth 1 million. (2017 appraisal amount was 725k). You're missing out if you don't take advantage of this awesome buy/smart investment. Country living at its finest. Click on link for video tour! Enjoy 20 acres of land with a 2820 sq ft, 5 bed, 2 bath home plus loft. Home features open concept and fully updated upgrades including; new carpet, hardwood flooring & custom ceilings. The Ranch also includes a 1400 sq ft Mobile Home and an income generating solar farm. The updated mobile home is situated on its own private fenced lot and includes 3 bed, 2 bath and comes equipped with quartz counters, split wing, & indoor laundry. The property also includes vinyl fencing surrounding the property. There is also a 2 story multipurpose building, small animal pen, playhouse w/ loft, horse stables, tack room, sheep pen, chicken pen, fruit trees, playground & cattle pen. Both homes had the roof replaced about 2 years ago. The water well is an AG well at 225 feet deep & the pump is set at 175 feet. The well is right in the middle of the water & it has 8 inch casing with a 5 hp pump that goes to a pressure tank that is 2000 gallons. There is simply too much to list so come see it today
Location
State CA
County Merced
Zoning A-1
Rooms
Main Level Bedrooms 5
Interior
Interior Features Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Storage, Unfurnished, All Bedrooms Down, Attic, Utility Room, Workshop
Heating Central
Cooling Central Air
Fireplaces Type Family Room
Fireplace Yes
Laundry Washer Hookup, Propane Dryer Hookup
Exterior
Pool None
Community Features Stable(s), Rural, Valley
View Y/N Yes
View Orchard, Panoramic, Pasture, Valley
Private Pool No
Building
Lot Description 16-20 Units/Acre
Story 1
Entry Level One
Sewer Septic Tank
Water Well
Level or Stories One
New Construction No
Schools
School District Merced Union
Others
Senior Community No
Tax ID 057010018000
Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, Owner Will Carry, Owner May Carry, USDA Loan
Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, Owner Will Carry, Owner May Carry, USDA Loan
Financing Seller Financing
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jake Thomas • 661 Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States