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AUCTION ID #: 432272 Bookmark and Share
2.5 Ac Northern California Lot - Nearby Power - No Reserve Listing! $$
Item 432272  
Winning Bid: USD $1,400
Number of Bids: 13
Winner: relfstrand
Reserve: No Reserve!
Status: Sold
Auction Started: 12-29-09    08:00 AM ET
Auction Closed: 01-10-10    09:15 PM ET
Asset Details
Seller Information
Seller Name: RealEBargains
Rating: Seller Rating - 4.5 (14)
Location: Shasta Lane
Montague, CA    96064
View Seller's other items
Bid Increment: $100
Minimum Bid: $1
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
Page Views:
Asset was Sold
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Asset Information Additional Details Your Bid History
Item Specifics
Residential Properties  
  Address Shasta Lane
Montague, CA 96064
United States
  Number Of Bedrooms 0.00
  Number Of Bathrooms 0.00
  Display Maps No

Asset Description
** 2.50 Acres of Residential Estate In Northern California **
Siskiyou County -

-Iron Gate Lake Estates, California -

The Property You are bidding on an estate measuring 2.50 ACRE zoned for residential use. Own your own gorgeous 2.50 acre California property Near the Iron gate lake and klamath River! This beautiful piece of property would make for a great homer ranch!. 

As you can see on the attached pictures, the road leads right to the property. Power is about 1000 ft away on the Shasta lane. The address for this property is lot 134 Shasta Lane, Montague, CA 96064 

Siskiyou County Airport is a public airport located three miles (4.8 km) northeast of Montague, serving Siskiyou County, California, USA. The airport has one runway and is mostly used for general aviation.This large property is located in Northern California'sSiskiyou County in the Iron gate lake estates region. Only 20 short miles north of Yreka lies this picturesque community of ranch style homes on estate size lots.

Property owner's here can enjoy the many amenities Iron Gate Lake Estates Association has to offer. Being an owner gains you access to the association's lakefront campground and RV park. There you can enjoy fishing right there along the shores where you park your trailer or RV. There is a small lodge and pool available to owner's and their guests as well on the same grounds.


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Property Profile: Siskiyou County, CALIFORNIA

Parcel Description Lot 134, unit no. 4, Iron Gate Lake Estates ( APN: 102-270-160 ) 
Parcel Size 2.5 Acres
Location lot 134, Shasta Lane, Montague, CA 96064

Power, phone and cable in the area. Water is by drilling a well. Sewer by installing septic system.

Roads county and private roads
Taxes and POA Taxes: $50/year, POA (property owners association): $150/year
Time-Limit To Build None
Zoning Residential
Payment Information
We accept credit cards, certified checks, cashier checks, money orders, and Bank Wire Transfers for the payment of your winning bid. All contracts, closing papers, maps, and information will be sent via US priority mail to you upon receipt of payment

Following are the steps required to complete this transaction:-

1.    If you are the winning bidder, you will be required to make a non-refundable deposit (that goes toward the purchase price of the home) of $500 within 1 days after the auction thru certified check received via next day mail.

2.  Once the deposit amount is received, we will send you Purchase Agreement for you to review & sign. Please return the signed Purchase Agreement along with the balance + $2500 (closing costs) to us using next day delivery (we will allow more time for overseas buyers).

All potential bidders are required to read and understand the following before bidding......  

Claim Against Bidder for Nonpayment - California State Law - Revenue and Taxation Code Section 3456.

-- By bidding on the property you acknowledge the following:-

If the highest bidder defaults, under Californian State Law (Revenue and Taxation Code Section 3456) ,  Real Estate Bargains will not resort to the second highest bidder. This can trigger following actions:-

(a) Real Estate Bargains shall have a claim against the bidder for setup/hosting expenses, revenue/time lost, and attorney fees.

(1) If a bidder does not pay the claim arising under subdivision (a) within 30 days after the notice is sent, The following shall apply:

- The Real Estate Bargains may utilize any means authorized by law to collect the claim, including, but not limited to, transferring the amount of the claim to the unsecured roll/collection agencies. Notification will also be sent to various credit agencies. 


Additional Details
For more information about this asset including photos, specs and more (when available), click here.

PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to,

  • A satisfactory inspection of the property
  • Completion of a title search
  • Investigating back property taxes and
  • Other - liens and encumbrances such as unpaid utility bills.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.

Settlement Requirements
  • This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
Payment Type
  • Certified/Cashier's Check
  • Wire Transfer
  • Money Order