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Auction Information
Auctioneer Mike Peterson Auction & Realty Service 716-665-0668
Auction Date Aug 26 Auction
Location
11339 Markhams Road
Dayton, NY
Time 05:00PM
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Auction Listing
AuctionZip Auctioneer ID# 2531

Kathleen Farina

Is moving to be closer to children

Selling house and lot / Needs updated and repaired

$2,500.00 opening bid (two thousand five hundred)

Great opportunity for flipping or starting out

Cattaraugus County

Tax Parcel # 25.004-1-25.3

Sells with clean title and all taxes paid up to date



TERMS AND CONDITIONS OF AUCTION

REAL PROPERTY LOCATED AT 11339 MARKHAMS-WESLEY RD

TOWN OF DAYTON, COUNTY OF CATTARAUGUS, STATE OF NEW YORK

IDENTIFIED AS TAX PARCEL: SECTION 25.004 Block 1 Lot 25.3

WILL BE OFFERED FOR SALE AT PUBLIC AUCTION

SATURDAY, AUGUST 26, 2017 AT 5 PM

This property will be offered for sale as one auction parcel

Auction Parcel:

Approximately .68 acre lot with a 1 ½  story wood frame house.

(1.)  This property is being offered for sale “AS IS, WHERE IS”, with no guarantees or warranties of any sort, either actual or implied, including but not limited to septic system, water well, plumbing, heating, electrical, interior and exterior of all buildings, any fixtures, and the land. The purchaser is responsible to pay for a Cattaraugus County health department sewer and water test at closing and the purchaser is responsible to pay for any and all repairs or updates if required.

(2.) All property boundaries are approximate, and no guarantees of any kind are given with respect to the acreage shown on tax maps or referred to in any existing deeds, surveys, or sale literature. If a land survey is desired or required, Purchaser will order one at his or her expense, to be completed before closing.   

(3.)  Prospective Purchasers are responsible for inspecting the property, being knowledgeable about its physical condition and any existing zoning regulations, leases, easements, rights of way, or other restrictions regarding its use, and understanding closing costs and fees, PRIOR TO THE AUCTION.

(4.) The property is offered with a Buyer’s premium of $1,000.00. This will be added to the high bid received at the auction. The sale will be subject to the approval of the Seller within 48 hours of the auction. The Seller reserves the right to accept or reject any and all bids, for any reason whatsoever.

(5.)  The successful high bidders will immediately sign a Contract for Sale of Real Property and will place the following deposit of $2,500.00 in the form of cash or good check with Mike Peterson Auction & Realty Service to be held in their escrow account until closing.  

(6.)  The deposit will NOT be refunded if the sale is not completed due to the default of the Purchaser for any reason and therefore will be forfeited to the seller.

(7.)  The deposit WILL be refunded in full to the Purchaser if the sale is not completed due to the default of the Seller for any reason.

((8.) The BALANCE will be due AT CLOSING, ON OR BEFORE October 1, 2017.  POSSESSION will be granted at closing. 

 (9.)  The Sellers shall furnish INSURABLE TITLE to the Purchasers, free and clear of any liens or encumbrances, subject to any leases, easements, rights of way, or deed restrictions of record. 

(10.)  CLOSING COSTS - The Seller will pay for the Title Search update. Purchaser will pay for Revenue Stamps, TP 584 Filing Fee, Deed Recording Fee, RP5217 Filing Fee, and any costs in obtaining financing. Each will pay own attorney fees.

(11.)  PROPERTY TAXES will be prorated as of the CLOSING DATE.  

(12.)  Michael W. Peterson is acting as a Real Estate Broker and Sales Agent for the Seller only. The Real Estate Broker and or Seller reserve the right to cancel the auction for any reason at any time. 

All advertisement and printed material are for promotional and information purposes only and it is the responsibility of perspective bidders and or purchasers to inspect the property and any records pertaining to property personally.

SELLER:     Kathleen Farina 

SELLERS ATTORNEY:  

AUCTIONEER / BROKER: 

                       Michael W. Peterson, Mike Peterson Auction & Realty Service

                       1432 Kiantone Road, Jamestown, New York 14701

                       New York State Real Estate Broker License # 37PE0650308

                       Telephone:  716- 484-3387               Fax:  716-661-9629

                       E-mail:  peteauction@hotmail.com  Web Site:  www.petersonauction.com 


PROPERTY DESCRIPTION

LOCATION: 11339 Markhams-Wesley Road, Gowanda, New York  14070

TAX PARCEL NUMBER:   Section 25.004  Block 1  Lot 25.3

FULL MARKET VALUE: $ 41,200.00 

TAXES:  $851.71          2017 County/Town Tax  $ 685.96

                                       2016 School Tax $ 165.75

SCHOOL DISTRICT:     Cattaraugus-Little Valley 

LAND: Approximately 215’W x 149’ D  (Approximately .68 acre)  Many fruit trees located on property.   

TYPE: 1850’s 1 ½  story wood frame home  approximately 1,188 sq ft living space

HEATING: wood stove

ELECTRICAL: new in 2009 100 amp w/ breakers

SEPTIC: 1000 gallon tank pumped in 4/2017

BASEMENT: Partial, field stone foundation, dirt floor, water well located here

ROOF: steel roof new in 2002

WINDOWS & SIDING: wood & composition

30 gallon hot water tank, propane

HOUSE:

1st Floor

Living Room: 11’ x 21’

Dining Room: 13’ x 14’

Kitchen: 8’ x 16’, country wood cupboards

Utility Room: 7’ x 13’

Bedroom: 11’ x 12’

Full Bath

2nd Floor:

Bedroom: 11’x 11’

Bedroom: 10’ x 10’

If you have any questions, like a private showing, call Mike Peterson 716-665-0668.






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