Up for auction is a residential lot in the town of Johannesburg in Kern County, California. The property is zoned R-1 MH, which means single family homes and mobile homes are allowed. The taxes are only about $12 per year!
With no time limit to build, rising values in the county, and extremely low property taxes, this property makes for an ideal long-term investment.
Status of title: Property is clear of mortgage liens and taxes are paid through 2016. Buyer would be responsible for any other miscellaneous outstanding liens, if any exist.
The following info was provided by Kern and should be verified prior to purchase.
Address: | Panament Drive, Johannesburg, CA 93528 |
County: | Kern County |
ATN: | 155-245-01-00-7 |
Legal Description: | LOT 6 OF BLOCK 62 IN THE TOWNSITE OF JOHANNESBURG IN THE UNINCORPORATED AREA OF THE COUNTY OF KERN STATE OF CALIFORNIA PER MAP IN BOOK 1 PAGE 6 OF MAPS RECORDED NOVEMBER 12 1897 IN THE OFFICE OF THE RECORDER OF SAID COUNTY. |
Lot Size: | 0.1 Acre |
Zoning: | Residential |
Property Taxes: | $11.90 |
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Auction Disclaimer
All property is sold as is, where is, with no warranties expressed or implied. It is the duty of prospective buyers to research properties to their satisfaction prior to bidding, and a bid shall constitute a binding contract, in which the buyer is agreeing to abide by the Terms of the Auction.
Terms of Auction / Settlement Terms
This is a cash sale, you are bidding on the full purchase price. Buyer must have cash ready at auction's close. Winning bidder agrees to pay full balance due via certified check or wire transfer within 4 calendar days of the auction's close, no exceptions.
Buyer to pay closing costs of $500, which includes deed preparation, recording fees, and transfer taxes. Seller will handle the entire deed recording process and will convey property via quitclaim deed with as-is title.
Thanks for looking and good luck with your investments!
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