Here’s a nice property that could have some potential, and is sure to attract a lot of interest. You will be bidding on a residential lot, located in the Belmont City Limits, in the Center of San Mateo County. This unique property sits in an established neighborhood and is located on Laurel Creek Road. The road has not been put in yet and is in an area of the subdivision that is not completely built out, so you won’t be able to build yet. Power and utilities are nearby, approximately 200 feet away. Most of the homes in the area are pretty nice so we invite you to drive by here and take a look at the lot. With close proximity to San Francisco (20 minutes) and the high cost of real estate in the entire, immediate Bay Area, this region continues to be targeted by investors as there is very little land available, so check this one out. We were going to keep this one for ourselves as the long-term potential was too attractive, but other property needs to be paid for so our loss is your gain. We will start the bidding at $100 and there will be NO RESERVE. We will sell the property regardless of the final high bid and you are bidding on the FULL PURCHASE PRICE of THE PROPERTY. There is a small $199 doc fee which offsets the cost of the listing and other fees. Happy Hunting and don't miss out on this one. We have a perfect 100% seller rating and we do perform a title search with every property we buy enabling us to guarantee free and clear title to the successful bidder.
The property itself consists of a rectangular shaped property that measures 50 feet of frontage on Laurel Creek Road, 106 feet of depth on the right side of the lot, 115 feet of depth on the left side and 50 feet across the rear, and the property totals roughly 5,500 square feet. As mentioned the utilities are only about a 200 feet from the property. The topography of the lot ranges from pretty much flat to a mild slope. Property taxes for this lot are approximately $450/ year. A title search was done on this property prior to our purchasing it so we can guarantee clear title to the property.
The first 2 photos look out toward the City of Belmont and the bay. The next photo shows the area of the lot. All of the photos were taken by us. We have also included a County Parcel Map and a Topographical Map to help you. The assessor's parcel number to the property is San Mateo County APN# 043-010-180. Here is a link (including the GPS coordinates) to view a map, an aerial image, and to get driving directions to the property on Map Quest: http://www.mapquest.com/maps/l=37.519887;g=-122.323722 (You may have to copy and paste to your web address bar.) Once the map pops up, simply use the zoom tool on the left side of that screen to view the map in more detail. You can even view an aerial photo by clicking on the Satellite tab in the upper right portion of that screen.
The winning bidder must contact us within 48 hours of the closing of this property and submit payment within 72 hours. We accept the following forms of payment: Credit Cards (Visa, Master Card, and American Express,) Personal check, Cashier's Check, and U.S. Postal Money Order. All bidders with 0 feedback should contact us prior to making a bid. The property is being sold "As-is, Where-is and any potential bidder should perform their own due-diligence. All information was obtained through sources deemed reliable but we cannot guarantee the accuracy thereof. The high bidder will be considered the winning bidder and the sale will be considered binding. Good Luck and if you have any questions feel free to contact us.