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$965,000

Beds
5
sq ft
5,058

5880 Live Oak Dr, Kelseyville, CA 95451

5880 Live Oak Dr

Kelseyville, CA 95451

  • 285 days on market
    • Price drop $964,035,000↓
This special property consists of 2 separate contiguous parcels located on Hwy 29/175, just a few minutes from Historic Downtown Kelseyville. The parcels are being sold together to capitalize on the overall development potential. Parcel 1: (5860 Live Oak Dr)is a beautiful oak-studded 6.07 acre parcel, consisting of a 1,558 s.f. charming vintage home with 3 bedrooms, 1-1/2 baths, a 460 s.f.basement, 1,100 s.f. detached garage with 3/4 bath and a 192 s.f. sound room, a 24x40 s.f. storage unit and a 12x16 s.f. storage unit with concrete foundation. The parcel is zoned PDC-DR(planned development commercial) The planning dept. is receptive to a possible zoning change to R3(high density residential). However, the present commercial zoning also gives you many development options. Parcel 2: 5880 Live Oak is a 2.7 ac parcel, zoned R2 Medium Density consisting of a 1,680 s.f. manufactured home with 3 bd/2 ba and a 720 s.f. mobile home with 2bd/2ba. Utilities, Water and Sewer are in the street. Planning Dept. indicates you can build 5 Duplexes

Details

Property type

Est. home value

$695,643

Lot size

6.07 acres

Price per sq ft

$191

Year built

1996

Price History

02/14/2024
BAREIS

BAREIS #324014300

Listed
$965,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lake

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Prospector Fund

Loan start date

March 2021

Original loan amount

$184,500

Est. remaining balance

Not provided

Interest rate

2.73%

Loan type

Commercial

Seller

Glen David Mueller and Sandra June Mueller

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/25/2024 at 1:40 AM

Listing updated: 08/08/2024 at 4:43 PM

Listed by: Terry O. Fowler, Fowler AssociatesFowler Associates

MLS: BAREIS #324014300

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