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Auction Information
Auctioneer Mike Peterson Auction & Realty Service 716-665-0668
Auction Date Jun 07 Auction
Location
4889 Route 60
Gerry , NY
Time 06:00PM
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Daniel Howard Estate

TERMS AND CONDITIONS OF SALE OF REAL ESTATE

REAL PROPERTY LOCATED AT

4889 ROUTE 60, TOWN OF GERRY,

COUNTY OF CHAUTAUQUA, STATE OF NEW YORK, 

IDENTIFIED AS TAX PARCEL: SECTION 302.00 BLOCK 1 LOT 50

WILL BE OFFERED FOR SALE AT PUBLIC AUCTION

ON THURSDAY, JUNE 7, 2018. BIDDING TO BEGIN AT 6:00 PM

 

The auction will be held on location at the property.


Auction Parcel:

 

Approximately 2.3 acres of land, 120’ of road frontage with a one story home with attached two car garage, barn, swimming pool, child’s play gym/house, and pond. Personal property will include siding and insulation.

 

(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 and water test at closing and will pay for any and all repairs or updates if required by Chautauqua County.

 

(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 $5,000.00 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 7, 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 Harold D. Howard/ Kitty L. Crow, Administratrix

                   4889 Route 60

                   Gerry, New York  14740

 

ATTORNEY:  Jeff R. Passafaro

                         93 E. 4th Street

                         Dunkirk, New York  14048

                         716-366-3677

 

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

                       164 Ivory Street, Frewsburg, New York 14738

                       Telephone:  716-665-0668            

                       E-mail: peteauction@hotmail.com 

 

  

 

PROPERTY DESCRIPTION

 

Location: 4889 Route 60, Gerry, New York 14740

 

TAX PARCEL NUMBER: Section 302.00  Block 1  Lot 50

 

FULL MARKET VALUE: $ 64,249.00 

 

TAXES: Total $ 2,034.26

      School 2018: $516.48 (Star)

      Town & County 2018:  $1,517.78 

                                  

 SCHOOL DISTRICT: Cassadaga Valley

 

ALL MEASUREMENTS ARE APPROXIMATE

 

LAND: Approximately 2.3 acres with pond

 

HOUSE: 1976 ranch style home with full finished basement with attached two car garage, pool and large child’s play gym/house. Approximately 1056 square feet living space.

 

BARN: 24’ x 32’ two story, stone floor, electric

 

HEATING: natural gas/forced air International furnace

ELECTRICAL: 100 amp w/ breakers

SEPTIC:  private

WATER:  private

HOT WATER HEATER: 30 gln natural gas

ROOF: Asphalt shingle 

SIDING: wood siding

WINDOWS: some thermopane replacement/ wood frame

FOUNDATION: poured

ENCLOSED SUN PORCH: 12’x 21’with French doors leading to deck that’s 12’ x 16’

ATTACHED TWO BAY GARAGE: 24’ x 24’, concrete floor, garage door openers

 

1st FLOOR:

KITCHEN:  12’ x 15’, laminate flooring, ceiling light w/ fan, oak cupboards, Formica countertops, refrigerator, stove, dishwasher

LIVING ROOM: 12’ x 18’, carpet, fireplace, ceiling light w/ fan

FULL BATHROOM: 12’ x 12’, carpet, shower stall, claw foot bathtub, toilet, sink  

1st BEDROOM: 8’ x 11’, carpet, small closet, ceiling light w/ fan

2nd  BEDROOM: 9’ x 12’, carpet, large closet, ceiling light w/ fan

3rd BEDROOM: 9’ x 16’, large closet, ½ bathroom w/ toilet & sink, ceiling light w/ fan

 

FULL FINISHED BASEMENT: concrete floors, laundry hookups, utility room, outside entrance, 3 rooms




Auctioneer License Information: PA AU002696

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