2 Family House

Current owner is downsizing rental portfolio and this well maintained section 8 approved home is next to be sold.

Steel Roof, vinyl siding, thermo pane windows, updated wiring, 2 new hotwater tanks and seperate utilities and appliances included.

Take a look

TERMS AND CONDITIONS OF AUCTION

REAL PROPERTY LOCATED AT 

153 PROSPECT STREET, CITY OF JAMESTOWN,

 COUNTY OF CHAUTAUQUA, STATE OF NEW YORK

IDENTIFIED AS TAX PARCEL: SECTION 387.15  Block 11 Lot 33

WILL BE OFFERED FOR SALE AT PUBLIC AUCTION

WEDNESDAY, JANUARY 23, 2019 @ 6:00 PM

Auction Parcel:

A Section 8 approved, two family, two story house located on large city lot approximately 45’ x 134’ and has off street parking for one vehicle.  

(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 septic/sewer system, water well/city water, plumbing, heating, electrical, interior and exterior of all buildings, any fixtures, and the land. The property is serviced by City Water & Sewage and buyer is responsible to pay for any and all repairs or updates if any required by the City of Jamestown or the County of Chautauqua to meet current standards. 

(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 desired or required, Purchaser will order one at his or her expense, to be completed before 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 Seller within 48 hours of the auction. They reserve 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 Purchaser for any reason and therefore will be forfeited to the seller.

(7.)  The deposit WILL be refunded in full to the Purchaser 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 March 23, 2019.  POSSESSION will be granted at closing. 

 (9.)  The Sellers shall furnish WARRANTY DEED to the Purchasers, free and clear of any liens or encumbrances, subject to any leases, easements, rights of way, or deed restrictions of record. 

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

(12) Seller and/or Auctioneer reserve the right to cancel the auction for any reason prior to set auction date.

(13.)  Michael W. Peterson is acting as a Real Estate Broker and Sales Agent for the Seller only. The Real Estate Broker and or Seller reserve the right to cancel the auction for any reason at any time. 

All advertisement and printed material are for promotional and information purposes only and it is the responsibility of perspective bidders and or purchasers to inspect the property and any records pertaining to property personally.

SELLER:     Thomas E. Eckberg

SELLERS ATTORNEY:  Randy Rhinehart

                                           800 Fairmount Ave W.E.

                                           Jamestown, New York  14701

                                           716-483-1289

AUCTIONEER / BROKER:   

                       Michael W. Peterson, Mike Peterson Auction & Realty Service

                       164 Ivory Street, Frewsburg, New York 14738

                       New York State Real Estate Broker License # 37PE0650308

                       Telephone:  716-665-0668    Fax:  716-661-9629

                       E-mail:  peteauction@hotmail.com  Web Site:  www.petersonauction.com

PROPERTY DESCRIPTION

LOCATION: 153 Prospect Street Jamestown, New York 14701

TAX PARCEL NUMBER:   Section 387.15  Block 11  Lot 33

                                               Deed Book: 2441  Deed Page: 95   Date: 5/11/2000

FULL MARKET VALUE: $ 41,000.00  

TAXES:  $ 2,125.39         2018 County/Town Tax $ 1,328.78

                                          2018 City/School $ 796.61

SCHOOL DISTRICT:     Jamestown Central Schools         

LAND: Approximately 45’ x 134’ large corner city lot                       

TYPE:  Two Family, two story wood frame, 2104 square feet of living space

HEATING: Type: 1st floor -Natural Gas, hot air // 2nd floor Electric baseboard

HOT WATER TANK: newer 40 gln, one each floor

ELECTRICAL: 100 amp w/ breakers, BPU // Redone wiring in 2000

SEWER & WATER:  City   

WALK IN BASEMENT: Full, concrete floor 

FOUNDATION: block

ROOF: Steel new in 2008

WINDOWS & SIDING: thermopane, vinyl

HOUSE:

1st Floor: Approx 1,166 sq ft living space, 3 bedrooms, 1 full bathroom, stove & refrigerator remain in kitchen

2nd Floor: Approx 938 sq ft living space, 2 bedrooms, 1 full bathroom, stove & refrigerator remain in kitchen.

If you have any questions, like a private showing, call Mike Peterson 716-665-0668.