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Auction Information
Auctioneer Mike Peterson Auction & Realty Service 716-665-0668
Auction Date Jun 06 Auction
Location
30 Oak Street
Westfield, NY
Time 06:00PM
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AuctionZip Auctioneer ID# 2531
Kevin Olofsson Estate

TERMS AND CONDITIONS OF SALE

REAL PROPERTY LOCATED AT

30 OAK STREET, VILLAGE OF WESTFIELD, TOWNSHIP OF WESTFIELD,

COUNTY OF CHAUTAUQUA, STATE OF NEW YORK, 

IDENTIFIED AS TAX PARCEL: SECTION 209.08 BLOCK 1 LOT 13

WILL BE OFFERED FOR SALE AT PUBLIC AUCTION

ON WEDNESDAY, JUNE 6, 2018. BIDDING TO BEGIN AT 6:00 PM

 

The auction will be held on location at the property.

 

Auction Parcel:

 

Approximately 82’x 247’ village lot with a two story home with attached one small car garage. 

 

(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 the existence of a septic/sewer system, water system, plumbing, heating, electrical, interior and exterior of all buildings, any fixtures, and the land. If required the Purchaser will pay for a Chautauqua County health department septic/sewer and water test at closing and will pay for any and all repairs or updates if required by Chautauqua County.

    

A. This property is serviced by public sewer and water

 

(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 required or desired, it is the responsibility of  Purchaser to order and pay for prior to 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 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 $3,500.00 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 Purchasers for any reason and therefore will be forfeited to the seller.

 

(7.)  The deposit WILL be refunded in full to the Purchasers 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  July 6, 2018. POSSESSION will be granted at closing.

 

 (9.)  The Seller shall furnish an EXECUTORS DEED to the Purchaser, free and clear of any liens or encumbrances, subject to any leases, easements, rights of way, or deed restrictions of record. All sellers’ oil, gas, mineral, & timber rights will be conveyed to the purchasers at time of closing.

 

(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.)  ALL PROPERTY TAXES will be PRORATED as of the CLOSING DATE. 

 

(12.) Michael W. Peterson is acting only as Sales Agent for the Seller, and has no personal interest in the property. 

 

     ANY  ANNOUNCEMENTS  MADE  BY  THE  AUCTIONEER  ON  THE  DAY  OF  THE SALE  WILL  TAKE  PRECEDENCE  OVER  ANY  PRINTED  MATERIAL.

 

     THE SELLER AND HIS SALES AGENTS WILL NOT BE HELD RESPONSIBLE FOR ANY ACCIDENTS SHOULD THEY OCCUR BEFORE, DURING, AFTER, OR BECAUSE OF THE AUCTION.

 

SELLER:   Estate of Kevin G. Olofsson/ Kitty L. Crow, Administratrix

                   30 Oak Street

                   Westfield, New York  14787

 

ATTORNEY:  Peter D. Clark

                         PO Box 109

                         2 West Main Street

                         Fredonia, New York  14063

                         716-673-1361

 

BROKER: Michael W. Peterson, Mike Peterson Auction and Realty Service

            164 Ivory Street, Frewsburg NY 14738

            Telephone: 716-665-0668

            E-mail: peteauction@hotmail.com 

 

 

 

PROPERTY DESCRIPTION

 

Location: 30 Oak Street, Westfield, New York 14787

 

TAX PARCEL NUMBER: Section 209.08 Block 1 Lot 13

 

FULL MARKET VALUE: $ 57,105.00

TAXABLE VALUE: $ 43,400.00

 

TAXES: (Approximate) Yearly Total before any exemptions - $ 2,018.54

      School 2017: $ 1056.17

      Town & County 2018:  $ 481.87                                   

      Village 2018: $ 480.50

 

SCHOOL DISTRICT: Westfield

 

ALL MEASUREMENTS ARE APPROXIMATE

 

LAND: Approximately village lot 82’ x 247’

 

HOUSE: 1970’s one and a half story home with half basement with attached garage

 

HEATING: natural gas/forced air York furnace

ELECTRICAL: 50 amp w/ knob & tube/some Romex

SEPTIC:  public

WATER:  public

HOT WATER HEATER: 40 gln natural gas

ROOF: Asphalt shingle on garage and back, new steel roof on main

SIDING: Vinyl siding

WINDOWS: some thermopane replacement/ wood frame

FOUNDATION: block

ENCLOSED FRONT PORCH: 7’ x 11’, windows

GARAGE: 12’ x 20’ single small car, dirt floor

 

1st Floor

ENTRY WAY

KITCHEN:  8’ x 16’, vinyl flooring, built in cupboards, refrigerator, stove, dishwasher

DINING ROOM: 11’6” x 16’, center light, built in corner cupboard

LIVING ROOM: 14’ x 16’

FULL BATHROOM: 7’ x 7’, shower/tub, toilet, sink, carpet flooring

LAUNDRY ROOM: 7’ x 14’, has door to garage and outside

1st BEDROOM: 12’ x 12’

 

2nd Floor

2nd BEDROOM: 11’ x 14’, small closet

3rd BEDROOM: 9’ x 15’

½ BATHROOM: 4’ x 6’, toilet & sink, not functioning




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