14725 Murphy Springs Rd, Lower Lake, CA 95457 - View 1
14725 Murphy Springs Rd, Lower Lake, CA 95457 - View 2
14725 Murphy Springs Rd, Lower Lake, CA 95457 - View 3
14725 Murphy Springs Rd, Lower Lake, CA 95457 - View 4

14725 Murphy Springs Rd, Lower Lake, CA 95457

Sale Price: $227,000
Jul 23, 20242,384 sqft3 beds2 baths
Listed by: NEVEN SPRALJA
License #: 01007678
Phone #: 855-882-1314
REALHOME SERVICES & SOLUTIONS
Source:
CRMLS Logo
MLS #: IV24150999

Property Description

Vacant Land Opportunity with a pond in Lower Lake, CA. The incorrect legal property description in the underlying DOT was reviewed. Notwithstanding, the APN number and address were correct. Moreover, the correct legal description was stated in all foreclosure notices and in the Trustee’s Deed Upon Sale (“TDUS”) recorded after the foreclosure on 4/17/19. The TDUS eliminated the underlying DOT. Thus, there is no actual confusion concerning the correct description and property location at 14725 Murphy Springs Road, Lower Lake, CA. Upon prior tender to First American Title Insurance Co. in August 2019, it determined no reason to extend coverage before the foreclosure since there were no challenges to the property or validity of the deed of trust. Neither the borrower or anyone else has challenged or submitted any adverse claim regarding the prior foreclosure or the property description issue to date. It was previously advised on 4/11/24 that REO can proceed with marketing land.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$12,621

TurboHome Estimated Value

$516,100

$216 sqft

High Valuation
$541,905
$227/sqft
Normal Valuation
$516,100
$216/sqft
Low Valuation
$490,295
$206/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$216/sqft$516,100

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