42 Campbell Ave. Jamestown, NY Real Estate Auction

Tuesday, April 26th @ 6PM

Live Auction w/ Webcast Bidding Available

TERMS AND CONDITIONS OF SALE

REAL PROPERTY LOCATED AT 

42 CAMPBELL AVENUE, CITY OF JAMESTOWN

COUNTY OF CHAUTAUQUA, STATE OF NEW YORK,  

IDENTIFIED AS: ALL OF TAX PARCEL: 

SECTION 370.16  BLOCK 4  LOT 56

WILL BE OFFERED FOR SALE AT PUBLIC AUCTION

Live and Online bidding available

TUESDAY, APRIL 26, 2022 AT 6 PM

Open House/Preview: 2 hours prior to auction

Auction Parcel: (All measurements & acreage is approximate)

Approximate 75’ x 106’ city lot with a ranch style home with attached garage, off street parking, 75 ft of road frontage. Includes gas stove, dishwasher, refrigerator.

(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. City of Jamestown sewer and water.

(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 will be the responsibility of Purchaser 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 successful high bidder will immediately sign a Contract for Sale of Real Property and will place the following deposit of $ 3,000.00 in the form of cash or good check with Peterson Auction & Realty LLC to be held in their escrow account until closing.

(5.) The successful high bidder will pay a Buyer’s Premium of $ 2,000.00 which is on and above bid price and due auction day to be held in Peterson Auction & Realty LLC escrow account until closing.

(6.)  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.

(7.)  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.

(8.)  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.

(9.)  The BALANCE will be due AT CLOSING, ON OR BEFORE June 26, 2022. POSSESSION will be granted at closing.

(10.)  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.

(11.)  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

(12.)  ALL PROPERTY TAXES will be PRORATED as of the CLOSING DATE. 

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

(14.) 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: Estate of Donald C Johnson/ Chautauqua County Department of Finance

ATTORNEY:  

BROKER:      Michael W. Peterson,  Peterson Auction and Realty LLC

                        Brokers License #: 10491210026

                        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: 42 Campbell Avenue,  Jamestown, New York  14701

TAX PARCEL NUMBERS:    Section 370.16  Block 4 Lot  56 

                                           Deed Book:  2352  Deed Page: 120  Date: 8/2/1996

FULL MARKET VALUE:  $ 65,489.00

2022 TAXES: $ 3,282.14       Town/County:  $  2,044.04

                                                           School:  $  1,238.10

SCHOOL DISTRICT: Jamestown Public Schools

ALL MEASUREMENTS ARE APPROXIMATE 

House: 1,762 sq ft with attached one car garage w/ stairs to attic

Kitchen, Living Room

2 bedroom, 1 bath

Office could be third bedroom

National Fuel gas & Jamestown BPU electric

Slab n Pier

Jamestown BPU sewer & water

House is in need of updating & repair