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Des Moines County Iowa Real Estate Auction
Auction held onsite at 406 Swan Street, West Burlington, Iowa
Home Sold For
$32,000
Open House on Tuesday, May 10th from 4-5 pm.
1 1/2 STORY HOME WITH DETACHED GARAGE
This property presents a unique opportunity for someone that wants to dive in and flip a house! This home is in need of renovating and updating.
The home has 1,177 sq. ft. of living space on two levels. The main level has a living room, bedroom, kitchen, full bath and back enclosed porch. There is a shared common entry area with open stairway to the second level. The second level has a living room, bedroom, kitchen and ¾ bath.
The basement has a gas forced air furnace with central air, ½ bath, gas hot water heater & 100 amp breaker box. The home has a 20’x26’ detached garage and is situated on a 50’x140’ lot.
Included: Appliances, Personal property
TERMS: 20% down payment on May 24, 2016. Balance due at closing with a projected date of July 8, 2016, upon delivery of merchantable abstract and deed and all objections have been met.
POSSESSION: Projected date of July 8, 2016.
REAL ESTATE TAXES: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.
The following taxes will be used to prorate at closing.
Real Estate Taxes
Gross/Net Taxes: $796.00
Assessed Value: $39,800
SPECIAL PROVISIONS:
~ This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
~ If in the future a site clean-up is required it shall be at the expense of the buyer.
~ The buyer acknowledges that he/she has carefully and thoroughly inspected the real estate and is familiar with the premises. The buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.
~ Any announcements made the day of sale take precedence over advertising.
1 1/2 STORY HOME WITH DETACHED GARAGE
This property presents a unique opportunity for someone that wants to dive in and flip a house! This home is in need of renovating and updating.
The home has 1,177 sq. ft. of living space on two levels. The main level has a living room, bedroom, kitchen, full bath and back enclosed porch. There is a shared common entry area with open stairway to the second level. The second level has a living room, bedroom, kitchen and ¾ bath.
The basement has a gas forced air furnace with central air, ½ bath, gas hot water heater & 100 amp breaker box. The home has a 20’x26’ detached garage and is situated on a 50’x140’ lot.
Included: Appliances, Personal property
TERMS: 20% down payment on May 24, 2016. Balance due at closing with a projected date of July 8, 2016, upon delivery of merchantable abstract and deed and all objections have been met.
POSSESSION: Projected date of July 8, 2016.
REAL ESTATE TAXES: To be prorated to date of possession on the basis of the last available tax statement. Seller shall pay any unpaid real estate taxes payable in prior years.
The following taxes will be used to prorate at closing.
Real Estate Taxes
Gross/Net Taxes: $796.00
Assessed Value: $39,800
SPECIAL PROVISIONS:
~ This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
~ If in the future a site clean-up is required it shall be at the expense of the buyer.
~ The buyer acknowledges that he/she has carefully and thoroughly inspected the real estate and is familiar with the premises. The buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the same.
~ Any announcements made the day of sale take precedence over advertising.
Owner: Joseph O. Becker Estate
Farmers & Merchants Bank & Trust – Executor
Kelli S. Johnson – Trust Officer
Andrew L. Mahoney – Attorney
For information contact Nate Larson of Steffes Group, 319.385.2000 or 319.931.3944 (cell)
Downloads:
Day of Auction Contract
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