3 Bedroom Home

Large modern garage

Flat 1.4 Acre Lot

Open House Tuesday July 2 4pm - 6pm

TERMS AND CONDITIONS OF SALE

REAL PROPERTY LOCATED AT

541 MUD CREEK ROAD, TOWN OF POLAND

COUNTY OF CHAUTAUQUA, STATE OF NEW YORK, 

IDENTIFIED AS TAX PARCEL: SECTION 373.00  BLOCK 2 LOT 14

WILL BE OFFERED FOR SALE AT PUBLIC AUCTION

ON TUESDAY, JULY 9, 2019. BIDDING TO BEGIN AT 6 PM

The auction will be held on location at the property on parcel

Auction Parcels: (All measurements & acreage is approximate)

Approximately 1.4 +/- acres with 235’ of road frontage on Mud Creek Road and a two story house, garage, and shed.

(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 septic/sewer, water system, plumbing, heating, electrical, interior and exterior of all buildings, any fixtures, and the land. 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’s 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 deposits 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 deposits 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 September 9, 2019. POSSESSION will be granted at closing.

 (9.)  The Seller shall furnish an INSURABLE TITLE 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’s 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.)  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 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:  Kenneth L. and Barbara A. Walker

ATTORNEY: TBD

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

                       164 Ivory Street, Frewsburg, New York 14738

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

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

 PROPERTY DESCRIPTIONS

Location: 541 Mud Creek Road, Kennedy, New York  14747

TAX PARCEL NUMBER:    Section 373.00  Block 2  Lot 14

                                    Deed Book: 2273   Deed Page: 110  Date: 5/1/1992

FULL MARKET VALUE:   $ 56,400.00

2019 TAXES:  Total: $  1,327.18   School : $  452.78 (STAR)

                                                  Town & County :  $ 874.40 

SCHOOL DISTRICT: Falconer

ALL MEASUREMENTS AND ACERAGE ARE APPROXIMATE

2 BAY GARAGE: 24’ x 40’, concrete floor, electric, 2 small work rooms

SHED: 10’ x 20’

HOUSE: (1120 sq ft living space)

1^st Floor (880 square feet)

Entry Way: 11’ x 15’10”

Kitchen: 9’9” x 19’9”, hardwood floor, oak cupboards, stove, refrigerator, washer & dryer hookups

Living Room: 13’10” x 23’, closet

Full Bathroom: 5’ x 10’

2^nd Floor

1^st Bedroom: 8’ x 12’

2^nd Bedroom: 8’ x 12’

HEATING: Propane 

ELECTRICAL:  100 amp, breakers

SEPTIC: septic

WATER/WATER CONDITIONER: Aqua Air Water System tank Model V60

HOT WATER HEATER:  Rheem 40 gallon new in 6/2018

ROOF: Asphalt shingle

SIDING: vinyl