Address: Ebo Road, Potosi, MO
Price: $25,500.00
Owner Finance: Yes
Lot Size: 3.34 Acres
Selling land in rural Washington County with few neighbors. The land is gently sloping up hill and mostly covered in typical Ozark woods. There is a small seasonal creek that runs along a section of the property. The land has no restrictions, zoning or building codes. The property would be a great place for a new home. There is a driveway, gate, well and septic, and old power pole. The utilities are roughly there but may need some work to get going again. If the power pole needs to be upgraded you would be better off getting a house built that has a kitchen and bathroom and then you should be able to hook into power for minimal fee otherwise you would be charged thousands for hooking into Ameren’s power grid. The property runs about five hundred and seventy feet back into the woods and two hundred thirty feet along Ebo road.
The property has no liens and all taxes are paid. Taxes run about one hundred dollars a year. Property has been marked off based on the legal description and neighbors are in agreement of property borders. Buyer will get a General Warranty Deed. Title insurance may require a survey if buyer is securing a loan to purchase the property.
The property has no liens and all taxes are paid. Taxes run about one hundred dollars a year. Property has been marked off based on the legal description and neighbors are in agreement of property borders. Buyer will get a General Warranty Deed. Title insurance may require a survey if buyer is securing a loan to purchase the property.
DIRECTIONS
Feel free to look at the property during daylight hours only. Please park along the road and do no open the gate. The property is on Ebo road about ten miles outside of Potosi. Directions from Potosi, Head North on Highway 185 for about 8 miles, then turn Left on Ebo Road. Go a little under 2 miles and property will be on the right. Please look at map directions and boundary map.
WARNING THIS IS NOT A SURVEY . Corners based on legal description.
Southwest: 38.020225, -90.928733
Northwest: 38.020862, -90.928736
Northeast: 38.020843, -90.926510
Southeast: 38.020208, -90.926515
Driveway: 38.020804, -90.926729
OWNER FINANCE TERMS
Ebo Potosi LLC will owner finance this property through a Contract For Deed. A Contract For Deed is a installment contract where after you have paid all the payments you get deed to the property. The purchase price of this property under Contract For Deed is $25,500. The down payment is $2,500 and due at the time of signing the notarized contract. The interest rate is 10% each year. Your monthly payment would be $247.16. You make contract payments monthly for 15 years. To qualify for owner financing you must prove your identity and show a verifiable source of income. We do not do background or credit checks.