$40% Under Market Value

597 Ridge Rd, Mokelumne Hill, CA 95245

$65,000 After Repair Value -
$39,999 Asking Price -
$0 Cost of Repairs =
$25,001 Potential Profit

Property Details

Asking Price $39,999

After Repair Value $65,000

Costs of Repairs $0

Potential Profit $25,001

Living Area N/A

Property Type Unknown

Bedrooms 1

Bathrooms 1

Half Bathrooms 1

Parking 1

Listed with Agent No

Property Description

PROPERTY HIGHLIGHTS
This unique foothill property already has several valuable improvements in place, making it easier to begin planning your future home, mountain cabin, vacation getaway, or recreational retreat.
• Existing driveway for convenient property access
• Privacy fence already installed
• Storage shed ready for use
• Large storage container included
• Cleared areas that may provide potential building locations
• Beautiful tall pine trees offering natural shade, privacy, and relaxation
• Attractive views of the surrounding wooded hills and Sierra Nevada foothill ridge lines
• Two adjoining parcels included in one sale
The cleared areas provide room to begin envisioning a home or cabin while the remaining tall pine trees preserve the property’s peaceful mountain atmosphere.
The existing shed and storage container provide immediate space for tools, equipment, recreational gear, and building materials. Having storage already available may make preparing and building on the property more convenient.
REPORTED UTILITY INFORMATION
• Electricity is on the property
• Capped domestic well previously reported on Parcel -
• County or public water is available
This property offers privacy, existing improvements, convenient storage, beautiful scenery, mature pine trees, and plenty of potential—all near historic Mokelumne Hill.

PRICING OPTIONS:

CASH PRICE: $39,999

OWNER FINANCING: $49,999
50% DOWN PAYMENT
• Owner-Financing Price: $49,999
• 50% Down Payment: $24,999.50
• Amount Financed: $24,999.50
• Interest Rate: 12.99%
• Monthly Loan Servicing Fee: $35
• Estimated Monthly Property Taxes: $50
• Closing Costs: $1,500
• Estimated Four-Month Tax Reserve: $200
ESTIMATED TOTAL DUE AT CLOSING: $26,699.50
Choose the payment plan that works best for you:
36-MONTH OWNER-FINANCING OPTION
Approximately $927.21 per month
Includes approximately:
• $842.21 principal and interest
• $50 estimated monthly property taxes
• $35 monthly loan-servicing fee
48-MONTH OWNER-FINANCING OPTION
Approximately $755.55 per month
Includes approximately:
• $670.55 principal and interest
• $50 estimated monthly property taxes
• $35 monthly loan-servicing fee
60-MONTH OWNER-FINANCING OPTION
Approximately $653.69 per month
Includes approximately:
• $568.69 principal and interest
• $50 estimated monthly property taxes
• $35 monthly loan-servicing fee
CASH PRICE: $39,999
OWNER-FINANCING PRICE: $49,999
50% DOWN OWNER FINANCING AVAILABLE
Property taxes are estimated for illustration purposes. Actual taxes, reserves, monthly payments, and final financing terms will be confirmed in the purchase and financing documents.

Call or text for additional information, or to submit an offer:
(715) -

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