Got $4M? Deegan's NC Compound For Sale

SINISALO
Posts
23
Joined
2/21/2022
Location
MN US
3/15/2023 10:18am
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1
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3/15/2023 10:22am

I'll buy it but only if I can claim one of Haiden's factory bikes. 

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downonmonday
Posts
144
Joined
2/14/2012
Location
Cornfields, IL US
3/15/2023 10:33am

Look at that garage!!!!!!! I'll see what I can get out of my VA Home loan? lol 

4

The Shop

sandman768
Posts
4973
Joined
3/21/2014
Location
Saratoga Springs, NY US
3/15/2023 10:40am

Well done… wonder if the assessed value is the approximate cost to build the main housing structure? 

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studworx
Posts
216
Joined
1/24/2022
Location
Canada, QC CA
3/15/2023 10:42am

That's $114,000 per acre.....

There’s a lot more than vacant land there man

Where I am it’s around $800k per acre of vacant land. 

6
Mossy940
Posts
152
Joined
10/20/2020
Location
La Quinta, CA US
3/15/2023 10:53am

Say whatever you will about Deegan, but there’s no denying that a regular dude from Omaha did pretty fuckin well for himself with these dirt bike things we love so much….

1
LungButter
Posts
4056
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1/9/2016
Location
Yellow Pine, ID US
3/15/2023 10:55am

Whoa.  That's awesome.

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8500rpm
Posts
176
Joined
12/31/2020
Location
SE
3/15/2023 11:04am

Love it! It's great place to live Smile

2
45ACP
Posts
113
Joined
1/24/2018
Location
Friendswood, TX US
3/15/2023 11:08am

They just built that place. Wondering why their selling it?

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FWYT
Posts
3152
Joined
5/25/2014
Location
San Diego, CA US
3/15/2023 11:17am

The master bedroom is bigger than my entire studio apartment. Laughing

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El Capitan
Posts
42
Joined
7/11/2022
Location
Huntington Beach, CA US
3/15/2023 11:17am

Somewhere there is a pee wee Dad with a garage full of Cobra's trying to convince the old lady that this will get lil ripper to the big time. 😄

1
SINISALO
Posts
23
Joined
2/21/2022
Location
MN US
3/15/2023 11:18am
45ACP wrote:

They just built that place. Wondering why their selling it?

 

 

9
1
3/15/2023 11:19am

That place is gonna be on the market for a long time with todays rates. 

5
fourfourone
Posts
2445
Joined
10/14/2017
Location
86oh, CT US
3/15/2023 11:31am

That place is gonna be on the market for a long time with todays rates. 

If someone can afford to spend 4mil on a house, they most likely aren't going to use a conventional mortgage. 

2
SEEMEFIRST
Posts
9778
Joined
8/21/2006
Location
Arlington, TX US
3/15/2023 11:32am

That place is gonna be on the market for a long time with todays rates. 

Can you get a $4MM loan on a $1.6MM property?

1
JazzyJJ
Posts
449
Joined
12/1/2020
Location
PNW, WA US
3/15/2023 11:37am

That place is gonna be on the market for a long time with todays rates. 

If someone can afford to spend 4mil on a house, they most likely aren't going to use a conventional mortgage. 

Sure about that? The wealthy I know are great at using other peoples money

5
1
fourfourone
Posts
2445
Joined
10/14/2017
Location
86oh, CT US
3/15/2023 11:44am

That place is gonna be on the market for a long time with todays rates. 

If someone can afford to spend 4mil on a house, they most likely aren't going to use a conventional mortgage. 

JazzyJJ wrote:

Sure about that? The wealthy I know are great at using other peoples money

For sure, but a conventional mortgage prob isn't the way they are going to go. 

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1
Oldstyle
Posts
122
Joined
2/21/2018
Location
Anaheim, CA US
3/15/2023 11:54am

I know I haven’t met any of you but I’ll pony up rent money for a room. What’s 4 million divided by 40 vitards? Think of the possibilities fellas 

mx 219
Posts
3497
Joined
8/15/2010
Location
South Central, PA US
3/15/2023 11:56am

Just guessing, but he's probably selling it, or trying, because the market is still up. He doesn't need to sell it and could easily retire there when the time comes, could get a rental house or buy a smaller house in Florida while Haiden is down there. Guessing it comes back to the money, he can make some good money if he sells it so he is going to try.

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1
sandman768
Posts
4973
Joined
3/21/2014
Location
Saratoga Springs, NY US
3/15/2023 12:02pm

banking industry being tested right now, me thinks the housing market may be heading for a bit of a correction… or a big slap in the face….

mb60
Posts
4110
Joined
3/7/2010
Location
GRAPEVINE, TX US
3/15/2023 12:03pm

Wonder what the Stewart compound is worth these days for compression ?

3
Cygrace74
Posts
991
Joined
7/2/2017
Location
Westport, MA US
3/15/2023 12:18pm

I’m just surprised he would invest so much knowing that pretty much any factory team they would of had to move for 

5
3/15/2023 12:29pm
45ACP wrote:

They just built that place. Wondering why their selling it?

He built the tracks, but the place was already there when they bought it

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1
kxking
Posts
400
Joined
8/15/2006
Location
Oakville, Ontario CA
3/15/2023 12:29pm

Track seems awful close to that pool, must be a nightmare keeping it cleaned and filtered.

Beautiful home. 

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1
LungButter
Posts
4056
Joined
1/9/2016
Location
Yellow Pine, ID US
3/15/2023 12:30pm
SEEMEFIRST wrote:

Can you get a $4MM loan on a $1.6MM property?

Is that all it's really worth?  I didn't take the time to look up any comps.

early
Posts
7077
Joined
2/13/2013
Location
University Heights, OH US
3/15/2023 12:34pm

That place is absolutely perfect except only being 35 acres.

RichieW13
Posts
1556
Joined
4/1/2008
Location
Thousand Oaks, CA US
3/15/2023 12:48pm
SEEMEFIRST wrote:

Can you get a $4MM loan on a $1.6MM property?

Assessed Value is not the same as appraised value.

7
3/15/2023 12:49pm

I'd def buy this if I was able to. Seems like a bargain for what you get.

In CA you can only buy an 1800 sq. foot crack house for 4 mil.

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