|
|
|
Large two story overlooking Deadman Lake |
|
|
|
Watch this Listing
|
|
|
|
Listing ID: 113552 |
Status: Deleted
|
|
|
Starting Bid: |
$120,000 (Reserve NOT Met) | |
Number of Bids: |
0 Bid History | |
High Bidder: |
|
| Time Remaining | | Days | Hours | Minutes | Seconds | |
-
|
-
|
-
|
-
|
|
|
Bidding Opens: |
Sep 06, 2010 8:00 AM |
|
Bidding Ends: |
Sep 15, 2010 6:10 PM
(Central)
|
|
Starting Bid: |
$120,000 |
|
Contact: |
Clint |
|
--- PLACE YOUR MAXIMUM BID --- |
|
|
|
This home overlooks Deadmans Lake off of Highway 169 , South of Ely, and is screened from the highway by large mature Spruce and pine trees. There is a fire pit in the back yard righ next to the Dock. The home has been recently updated with new siding, roof, windows, electrical service and septic system, as well as new ceramic tile in the upstairs bathroom. There is a large Ranch style front porch and a covered deck on the Lake side as well. There are built-in cabinets in the upper level landing, with beautiful woodwork. There is a small detached garage that is used more as a storage shed than agarage.
1900 Square feet
private well
private septic
1.75 acres lot
Tax Assessed Value $106,000
|
|
|
----- No Bids for Auction ----- |
|
|
|
Question: Is there an open house showing? If so, when is it?
Answer: open house inspection is Saturday August 14 and September 11, 10:00am - 2:00pm
|
Question: Is lakeshore included? If so how many feet, and acreage of lake if known.
Answer: The Lake is a small environmental Lake, approximately 60 - 80 acres. Lot size is 1.75 acres, not sure if, or how much lake frontage is included, but Lake is within 150' directly behind the house.
|
Question: Is there a Certificate of Compliance for the septic system?
Answer: there has not been a compliance test done by our office. I was told that the septice saystem was new, but property is being sold "as is, where is". This and all properties will be open for inspection on Saturday, September 11, from10:00am until 2:00pm.
|
Question: Are there any property taxes due/past due, and are there any liens against the property and is there a clear title?
Answer: There are no liens or encumbrances against any of the auction properties. All have clear title.
|
|
|
|
Online Bidding for Auction
All bids must be submitted online. Sealed bids or write-in bids will not be accepted. Bidding will begin at 8:00 AM CST on September 6, 2010 and bidding will close on September 15, 2010 at 5:00 PM CST. For each bid that is received in the last three minutes, the auction will automatically be extended for an additional three minutes, until no more bids are made.Property Inspection All properties are sold on an “AS/IS, WHERE/IS” basis with all faults, and no warranty or representation, either expressed or implied, concerning the property is made by the seller or the Auction Company. Each potential bidder is responsible for conducting, at their own risk, their own independent inspection. Please refer to specific property information for inspection dates and times. Property information is included on our website. This information is not guaranteed or warranted by the seller or any of its agents. It is the responsibility of potential Buyers to evaluate properties for themselves and make their own determinations. This includes, but is not limited to, location of boundary lines, condition of electrical, plumbing, furnace, appliances, doors, windows, insulation, etc.. Wellson Group recommends visually inspecting properties prior to submitting a bid. GPS Coordinates
GPS coordinates for each auction property are located online. Coordinate pairs provide the location of the approximate property entry point and are listed latitude north and longitude west, expressed in degrees, minutes and decimal seconds. Wellson Group Inc. and the seller do not guarantee or warrant the accuracy of these coordinates.Auction Procedures
ABSOLUTE
For properties advertised as “Absolute”, the seller must sell to the highest bidder regardless of the price. Bidders may submit as many bids as they choose on one or multiple properties. The bidding for each property closes in 10 minute intervals from each other. If you are not the successful bidder on one property, you will have time bid on another property before that property closes.
NO MINIMUMAll properties advertised “no minimum” will be subject to acceptance or rejection by the seller. The bidding for each property closes in 10 minute intervals from each other. If you are not the successful bidder on one property, you will have time bid on another property before that property closes. Keep in mind that the seller reserves the right to reject offers that are too far below market value. ABSOLUTE AND NO MINIMUM PROPERTIES
In the event that a bidder is high bidder on an ABSOLUTE PROPERTY AND A NO MINIMUM PROPERTY, the bidder will be obligated to purchase BOTH properties.
PUBLISHED RESERVEFor all properties advertised “published reserve”, the seller must accept the highest bid at or above the published reserve price. For bids received below the “published reserve”, the seller can accept, Reject, or counter back to any offer. MULTIPLE NO MINIMUM AND PUBLISHED RESERVE PROPERTIES In the event that a Bidder is high bidder on MULTIPLE “NO MINIMUM” AND “PUBLISHED RESERVED” PROPERTIES, they shall be obligated to purchase ALL of the respective properties. All successful bidders will be required to enter into a purchase agreement and pay $1000 earnest money within 2 days of the close of the auction. Earnest money will be held in Wellson Group Inc. non interest bearing “trust account”. Bidding Procedures- To bid on our property, you must be of legal age to enter into contract to purchase real estate (18 in most states, 21 in others). If you’re in doubt about the legal age to enter into contract in your state, please consult with competent legal counsel before bidding.
- While auction is “active”, all bids MUST be placed online. Written offers will not be accepted.
- Winning Bid is subject to seller approval.
- All bids are placed in US Dollars.
- If you are outbid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire.
- The bidding will be open and everyone will have access to the bid history during the auction.
- As the auction nears the ending time it will auto-extend until bidding is silent for (3) three Minutes.
- If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
- The high bidder will be notified via email after the auction ends.
- Seller will include the following personal property in the closing: None
- Seller will exclude the following personal property in the closing: None
Agency Disclosure
Wellson Group Inc. is a licensed real estate broker and auctioneer in the State of Minnesota(auction license # 31-10-001). Wellson Group Inc., and all other licenses employed by or associated with the broker represent the seller.
Financing
NONE- all sales cash, it is recommended that financing be approved prior to submitting a bid.
Closing
Closings will be arranged by Wellson Group Inc. and executed by an agent recommended by the seller. All property sales must close within 30 days of the auction, unless extended in writing by the seller.Title Insurance
Title Insurance is available on all properties and may be purchased at closing. Title commitments are available for review upon request.
Disclaimer
The sellers, their agents, and the auctioneer make no warranties, expressed or implied, as to the accuracy of the materials in this brochure or information contained on the Wellson Group website. Seller’s Postponement
Sellers have the right to postpone or cancel this offering in whole or in part, at their sole discretion, and to modify or add any terms or conditions prior to bid submission deadline. Auction Conducted BY:
Wellson Group Inc. Auctioneer/Real Estate Brokerage
350 Nw 1st Avenue, Suite C
Grand Rapids, MN 55744 Telephone
Toll Free (877) 325-LAND
Office (218) 326-3463
Fax (218) 326-0573
|
|
|
|