0.34 Acre Residential Lot in California Pines Lake, Modoc County, CA

This lot is located in the beautiful California Pines area just southwest of Alturas, CA. The Modoc National Forest, which offers numerous recreational opportunities, including hunting, hiking, camping and boating, is just a short drive away.

This property has 100′ of paved road frontage along Grande Drive and has access to water, sewer and electricity. It is across the street from the California Pines Fire Department, and there is a house right next door to the property as well as one across the street, both of which are valued at over $160k.

Legal Description: LOT 34 in BLOCK 19 of CALIFORNIA PINES LAKE UNIT 4

Parcel#: 040-032-002-000

Lot Size: 0.34 Acre; 100' x 150'

Access: 100' of paved road frontage along Grande Road

Property Taxes: $318 per year

Association Dues: $95 per year + $89 annual mowing fee

THIS IS A BID & ASSUME AUCTION. You are bidding on the down payment and the full purchase price is $8,000. The interest rate is 9% and the duration of the note is 15 years. On a $1 down payment, the monthly payment, including principal, interest, property taxes and POA dues will be approximately $123/month.

The buyer may pay off the remaining balance of the loan at any time and there is no prepayment penalty for doing so.

The down payment - which will be equal to the winning bid - and a one time documentation fee of $499 will be due within 3 business days of the auction's close. Buyers can make their initial and all subsequent installment payments through the online customer portal, where they can set up autopay with their credit or debit card.

This is a contract for deed (also known as a land contract) sale, which means that the seller will retain title to the property until the note is paid off. The buyer may use the property while they are making payments. Once the note is paid in full, the seller will convey title to the buyer via a Grant Deed.

Disclaimer: Property is sold as-is, where-is, with no warranties expressed or implied. Prospective buyers are encouraged to examine and research the lot prior to bidding. All information contained in this listing page has come from reliable sources and is accurate to the best of our knowledge. No guarantees are expressed or implied with regards to the information contained in this listing. Please conduct your own due diligence prior to placing bids.