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Luxury Home on 1.5 Acres
Bankruptcy Auction

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Online Bidding

Starts:
September 11, 2023 at 11:00 am

Ends:
September 13, 2023 at 11:00 am

Registration Deadline

September 12, 2023 at 5:00 pm

Viewings

August 30, 2023
from 10:00 am to 1:00 pm

September 6, 2023
from 10:00 am to 1:00 pm

2023-09-13 11:00AM

Property Location

27 Hammer Lane
Walden, NY 12586

Bid

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Details

United States Bankruptcy Court Southern District of New York

In Re: Katherine Ann Norton-Malek – Case No.: 23-35269 (cgm)

3,000+ sq ft home on 1.5 acres

27 Hammer Lane, Walden, Orange County, NY 12586

  • 3,000+ Sq Ft Colonial Style Home
  • 4 Bedrooms & 3 Bathrooms
  • ideally located on a 1.5 Acre Lot on quiet cul-de-sac block
  • Fireplace
  • Attached Two-Car Garage
  • Pool with Deck

1st Floor:

  • Eat-In Kitchen with Breakfast nook & Patio Access
  • Living Room with Wood Burning Fireplace & Vaulted Ceiling
  • Family Room
  • Formal Dining Room
  • Guest Bedroom
  • Full Bathroom (Access From Guest Bedroom & Hallway)
  • Laundry Room
  • 2-Car Garage

2nd Floor:

  • Primary Suite w/Full Bathroom (Jetted Tub, Dual Vanity & 2 Walk-in Closets)
    • New Carpets in Primary Suite
  • 3 Additional Bedrooms
  • 1 Additional Full Bathroom

Basement:

  • Full & Partially Finished
  • Fully Framed out & Insulated
  • Finished Portion Consists of Temperature Controlled Storage/Office

Additional Information:

  • County: Orange  Section: 10  Block: 2  Lot: 6
  • School District: Valley Central
  • year built: 2002
  • Fuel: Propane (Cooking & Heating)
  • 500 Gallon Buried Propane Tank
  • Heat: Forced Hot Air (Electric in Finished Portion of Basement)
  • Central Air
  • Well Water
  • Septic System
  • Annual Real Estate Tax: $13,946.09 (With STAR exemption)
  • currently occupied & delivered vacant at closing
  • Click Here for a Virtual Walkthrough

 

ONLINE BIDDING ONLY – CLICK HERE FOR ONLINE BIDDING

Bidding is available by computer or download of the Maltz Auctions App on the App Store or Google Play

  Pre-Registration Required to Bid. You Must send in signed Terms & Conditions of Sale, signed Online Bidding Form and a deposit (cashier’s check only) to be approved for bidding.


Viewings: Wednesdays, august 30th & September 6th from 10:00 am – 1:00 pm.

Pre-Registration Required to Bid:  You must send in signed Terms & Conditions of Sale, signed Online Bidding Form, and a $45,000 deposit to be approved for bidding.  Registration Closes Tuesday, September 12, 2023 at 5:00 pm.

Auction Date: Online-Only Bidding will open Monday, September 11, 2023 at 11:00 AM and is scheduled to close on Wednesday, September 13, 2023 at 11:00 AM.  Visit RemoteBidding.MaltzAuctions.com or download the Maltz Auctions App on the Apple Store or Google Play.

Bidding Process: If a bid is placed with less than one minute remaining, the bidding period will be extended so one minute remains for competing bids to be entered.  If any further bidding occurs, the extension timer will reset to one minute.  Once no further bidding activity occurs, the sale closes when the time runs out.

Terms & Conditions of Sale: The Real Property will be sold free and clear of any and all interests including, but not limited to, monetary liens, claims and encumbrances.*  In order to register to bid, all prospective bidders must Deliver a cashier’s check in the amount of $45,000 made payable to “Marianne T. O’Toole, Chapter 7 Trustee”, signed Terms & Conditions of Sale, and signed Online Bidding Form to Maltz Auctions at 39 Windsor Place, Central Islip, NY 11722 before Tuesday, September 12, 2023 at 5:00 pm.  Please download the complete Terms & Conditions of Sale.

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Marianne T. O’Toole, Chapter 7 Trustee
LaMonica Herbst & Maniscalco, LLP, Attorneys for the Chapter 7 Trustee
Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022 Fax (516) 349-0105

*The Property is being sold “AS IS” “WHERE IS”, “WITH ALL FAULTS,” without any representations, covenants, guarantees or warranties of any kind or nature whatsoever, and free and clear of any and all interests including, but not limited to, occupancies, liens, claims, encumbrances, interests, judgments and/or mortgages, or adverse claims to title, of whatever kind or nature (collectively, “Interests”), with such Interests, if any, to attach to the proceeds of sale in such order and priority as they existed immediately prior to the entry of the Order for Relief against the Debtor, and subject to, among other things: (a) any state of facts that an accurate survey may show; (b) any state of facts a physical inspection may show; (c) any covenants, restrictions and easements of record; (d) any building or zoning ordinances or other applicable municipal regulations and violations thereof; and (e) environmental conditions.  By delivering Qualifying Deposits, each bidder acknowledges that it has had the opportunity to review the state of title thereof and laws, rules and regulations applicable thereto, and will rely solely thereon and on its own independent investigation of the Property in making its bids. Neither the Trustee nor any of her representatives make any representations or warranties with respect to the permissible uses of the Property, including, but not limited to, the zoning of the Property. Each bidder acknowledges that it has conducted its own due diligence in connection with the Property and is not relying on any information provided by the Trustee and her professionals.

All prospective bidders are responsible for conducting their own independent inspections, investigations, inquiries, and due diligence concerning the property including, without limitation, the 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.