Name Online Only - The Estate of Garold L. Prentice - Real Estate
Auctioneer Bid-N-Buy Realty & Auctions, Inc.
Type Online-Only Auction
Date(s) 8/21/2017 - 10/1/2017
Internet Bidding Only: Tuesday August 23rd to Sunday October 1st, 2017 The auction ends at 6:00 PM with soft close. If another bidder bids within the last 5 minutes the auction will be extended for 5 minutes.
Preview Date/Time Open House Wednesday September 20th 4:30 to 6:00 PM
Checkout Date/Time Auction Contracts must be signed on Monday October 2nd at 6:00 PM. Contracts will be taken to the property for signatures and deposits.
Location 10147 County Road 15
Fillmore, NY 14735
Buyer Premium 10% Buyers Premium
Description
To settle the estate of Garold Prentice the following parcel of real estate will be offered for sale at public auction. The Prentice General Store is located at 10147 County Road 15, Fillmore (Short Track), NY 14735. This parcel of Real Estate includes a 4140 square foot building with a full basement. The property features a commercial store and an attached 3-4 bedroom apartment. Property is described by Allegany County Tax Map as #025400-042-003-0001-015-000-0000 w/assessed value of $34,200.00. This property is zoned for multiple use. Starting bid on this property is $20,000.00 Sel The building sets on a one acre parcel of land with 171' of frontage on County Road 15 and 220' frontage on Holiday Road. The utilities include electric (circuit breakers) service, well, updated propane furnace and propane hot water heater. The apartment has an updated metal roof. The building appears to be structurally sound and square but will need updating and exterior siding. Nice investment property. Store front with living quarters. (Underground tanks have been removed.) There will be an open house for viewing on Wednesday September 20th from 4:30 to 6:00 PM
THIS PARCEL OF REAL ESTATE IS OFFERED FOR SALE WITH 0NLINE BIDDING ONLY! YOU MUST BE REGISTERED TO BID ON OUR AUCTION SITE AT: BIDNBUYNY.COM THIS PROPERTY SELLS IN "AS-IS" CONDITION. SELLER WILL PROVIDE GOOD AND CLEAR TITLE TO THE PROPERTY, UPDATED ABSTRACT AND EXISTING SURVEY (IF ONE IS AVAILABLE), IF THERE IS NO SURVEY THE PROPERTY WILL BE SOLD AS DESCRIBED BY THE ALLEGANY COUNTY TAX MAP. REAL ESTATE SELLS WITH ALL APPLIANCES PRESENTLY IN THE HOME. THERE WILL BE A 10% BUYER PREMIUM OVER AND ABOVE THE FINAL BID TO DETERMINE THE FINAL PURCHASE PRICE. A $2,000.00 NON REFUNDABLE DEPOSIT WILL BE REQUIRED UPON ACCEPTANCE OF THE HIGHEST BID. DEPOSIT WILL BE HELD IN ESCROW UNTIL CLOSING AND CREDITED TO BUYER AT CLOSING. CLOSING TO TAKE PLACE IN APPROX. 30 DAYS OR AS AGREED BY CLOSING ATTORNEYS. THIS PROPERTY WILL BE SOLD ABSOLUTE WITH STARTING BID OF $20,000.00 AND SUBJECT TO EXECUTRIX APPROVAL FOR LESS. SELLING FOR "THE GAROLD PRENTICE ESTATE " OPEN HOUSE: WEDNESDAY SEPTEMBER 20TH FROM 4:30 TO 6:00 PM. WE WILL HAVE A COPY OF THE PURCHASE CONTRACTS AVAILABLE AT THE OPEN HOUSE. THERE IS A 10% BUYER PREMIUM OVER AND ABOVE THE FINAL BID TO DETERMINE THE FINAL PURCHASE PRICE. CLOSING TO BE IN APPROX. 30 DAYS OR AS AGREED BY CLOSING ATTORNEYS. PROPERTY WILL NOT SELL PRIOR TO THE END OF THE AUCTION AND THERE WILL BE NO SHOWINGS BY ANY REALTOR EXCEPT DURINGTHE OPEN HOUSE. PARTICIPATING REAL ESTATE AGENTS MUST ACCOMPANY THEIR POTENTIAL BUYERS TO THE OPEN HOUSE (NO ACCEPTIONS). GOOD LUCK BIDDING! - SEE YOU AT THE OPEN HOUSE
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 250,000.00 250.00 USD
250,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% Buyers Premium
Payment Terms
A non refundable deposit of $2000 is required Monday October 2nd by 5PM. Cash or good check accepted as real estate deposit. Deposit is non-refundable if the buyer is unable to perform. Have the funds ready prior to bidding. Closing approximately 30 days.