7 bedrooms 4.0 baths Duplex (2 units) in Madera, CA
Property DescriptionHuge price reduction!! TWO REAL houses on one lot. Neither are mobiles or manufactured homes. Perfect for a family and parents to live on same property, but with all of the privacy of separate homes. Or rent both or live in one and rent the other. Endless possibilities. Very private nearly 5 acre lot at the end of the road next to Sierra Meadows Ranch (formerly the Ahwahnee golf course). First is a 4-bed 2-bath house of approximately 1,800 sq. ft with separate family and living room. The second home is a 3-bed 2-bath with large living room. Open floor plans in both homes. One well and 2,500 gallon storage tank that serves both homes. Larger home has new flooring and paint throughout (laminate in living areas, carpet in bedrooms, vinyl in baths). Smaller home (approx. 1400 sq ft) sits downhill on same lot and has newer laminate flooring. Beautiful sunrises/sunsets in a natural setting, yet only 10 minutes to the town of Oakhurst and all its amenities. Must see and priced to sell fast!
- Property Type: Duplex (2 units)
- Year Built:2000
- Square Footage:3202.00
- Lot Size: 216929.00 SqFt (4.98 acres)
- Baths:4.00 ()
- School District:Bass Lake Joint Unio
- High School:Yosemite
- Junior High School:Oak Creek
- Grade School:Wasuma
- Listing Broker:Dale Smith
- Listing Office:Yosemite Gateway Realty
Amenities / Utilities
- Tennis Court
A government loan program geared towards owner-occupied, first-time home buyers. Down payment can be as low as 3.5%. However, the buyer will have to pay the PMI (Principal Mortgage Insurance).
Down payment can be as low as 5%. For down payments lower than 20%, the buyer will have to pay PMI (Principal Mortgage Insurance). If the down payment is 20% or more, there will be no PMI charged to the buyer. When purchasing an owner-occupied property, interest rates may be lower as compared to purchasing an investment property. The limit for a conventional loan in Fresno County is $453,000. Loan limits are subject to change.
A loan above the conventional loan limit is considered a jumbo loan.