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157+ Acres, Private Lake
Court Ordered Auction

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Auction

September 20, 2017 at 11:00 am

2017-09-20 11:00AM

Property Location

366 Church Road
Damascus, PA 18415

Auction Location

NY LaGuardia Airport Marriott
102-05 Ditmars Boulevard
East Elmhurst, NY 11369

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Details

Court Ordered Auction – Index No: 451080-2014

157+ Acres Surrounding 12-Acre Lake

Improved with 3 Bedroom Home

Details:

  • 366 Church Road, Damascus, PA 18415
  • Located within Wayne County
  • 157.58 Acres Surrounding Private Lake (Estimated at 12 Acres)
  • Single Family Ranch Style Home Overlooking Lake:
  •   1,500 Sq Ft + 1,200 Sq Ft Unfinished Basement
  •   3 Bedrooms
  •   2 Baths
  •   Kitchen with Dining Area
  •   Living Room with Fireplace
  •   Fireplace
  •   Heat: Electric Baseboard
  •   Water: On-Site Well
  •   On-Site Septic
  •   Year Built: 1965
  •   200-Amp Electrical Service
  • Detached 3-Car Garage
  • Lake Views from Kitchen, Living Room and Den
  • Large Deck Overlooking Lake
  • Additional Information:
  • Extensive Renovations/Upgrades Completed in 2001
  • Wayne-Highlands School District
  • Assessors Parcel ID# 07-0-0186-0043
  • Annual Real Estate Taxes: $8,243.05
  • $100,000 Minimum Bid

Inspections/Viewings: Fridays, September 8th & 15th from 10:00 am – 12:00 noon.

Auction Date & Time: Wednesday, September 20th at 11:00 am.  Registration begins at 9:30 am.

Auction Location: NY LaGuardia Airport Marriott Hotel, 102-05 Ditmars Boulevard, East Elmhurst, NY 11369. A live bidding location in Pennsylvania is available upon request (pre-registration required).  Online & absentee bidding available with registration at least 5 business days prior to auction, please call for details.

Terms & Conditions of Sale: The Property will be sold “AS-IS” and free & clear of all monetary liens.  In order to register to bid, all prospective bidders must present a cashier’s check in the amount of $30,000 made payable to “Maltz Auctions, Inc.”.  Please download the complete Terms and Conditions of Sale.

Buyer’s Premium: A ten (10%) percent Buyer’s Premium will be added to the Successful Bidder’s high bid to determine the contract price to be paid by the Successful Bidder.

Buyer Broker Participation: A two (2%) percent commission will be paid to any properly licensed Buyer Broker who registers a successful buyer in accordance with the Buyer Broker guidelines.  Please download the Broker Participation form for details.

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*Maltz Auctions, Inc. d/b/a Maltz Auctions is Acting as Marketing Agent
Bill Howze, PA # AU005050
Phone (516) 349-7022 Fax (516) 349-0105

The Real Property is being sold “AS IS” “WHERE IS”“WITH ALL FAULTS”, without any representations, covenants, guarantees or warranties of any kind or nature, and free and clear of any liens, claims, or encumbrances of whatever kind or nature, with such liens, if any, to attach to the proceeds of sale in such order and priority as they existed immediately prior to the Closing, and the sale of the Real Property is subject to, among other things (a) any state of facts that an accurate survey may show; (b) any covenants, restrictions and easements of record; (c) any state of facts a physical inspection may show; (d) any building or zoning ordinances or other applicable municipal regulations and violations thereof; and (e) environmental conditions. By delivering their respective Deposits, all Bidders acknowledge that they have had the opportunity to review and inspect the Real Property, the state of title thereof and laws, rules and regulations applicable thereto, and will rely solely thereon and on their own independent investigations and inspections of the Real Property in making their bids. Neither Maltz, the Seller nor any of their collective representatives makes any representations or warrantees with respect to the permissible uses of the Real Property including, but not limited to, the zoning of the Real Property.  All Bidders acknowledge that they have conducted their own due diligence in connection with the Real Property and are not relying on any information provided by Maltz, the Seller, or their professionals.  The Real Property will be sold subject to any and all violations or conditions requiring corrective action.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third-party sources and has not been independently verified.  It is the responsibility of the Buyer to determine the accuracy of all components of the sale and Property.  Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the Property, including without limitation, environmental and physical condition of the Property.  All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction.  Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.