The value is in the future of subdividing the property. Once either or both of the contiguous neighbors agree to sell then the subject property can be mapped for approximately 25 lots and the existing house sold off on 3/4 an acre. The house needs interior paint and flooring and then could be rented out. Potential tenant with a couple of horses would pay $3,000+ a month in rent.
|--||New Value: $1,395,000|
|10/30/2019 3:45:00 PM||New Value: $1,395,000|