AUCTION ID #: 454510 Bookmark and Share
Bid Reduced By $25,582.00 - FL Build-able Lot - Power - $1 No Reserve!
Item 454510  
Winning Bid: USD $650
Number of Bids: 10
Winner: overamped
Reserve: No Reserve!
Status: Sold
Auction Started: 07-23-10    12:30 PM ET
Auction Closed: 08-02-10    10:03 PM ET
Asset Details
Seller Information
   
Seller Name: US Prime Land
Rating: Seller Rating - 5 (591)
Location: SW 150 TERRACE RD
OCALA, FL    34481
View Seller's other items
 
 
Bid Increment: $50
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $1
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
Page Views:
Asset was Sold
Add to My B4A Watch List | Need Help?
Asset Information Additional Details Your Bid History
Item Specifics
 
Land Properties  
  Address SW 150 TERRACE RD
OCALA, FL 34481
United States
  County MARION
  HOA Fee $0.00 annually
  Display Maps No

Asset Description


Near Ocala, Near Highway

 $1 Bid starts 
2007 assessed value $25,582.00 NO BACK TAX, NO LIENS!

TITLE IS FREE AND CLEAR!

YOU WILL GET WARRANTY DEED!

WE HAVE TITLE INSURANCE!

RAINBOW PARK UNIT 4, BLK 180, LOT 10 
PLAT BOOK G, PAGE 35-A,
SEC 23 TWP 15N RNG 19E, MARION COUNTY, FLORIDA

About the Property


Beautiful Central Florida Residential Lot in a growing subdivision west of Ocala, Florida.  This area is full of horse farms, providing a truly rural setting. The property lies just north of one of the nicest lakes in Central Florida, Lake Rousseau.  Minutes from Ocala, access to the subdivision is from County Highway 40.  Excellently maintained streets and utilities throughout the subdivision make this lot immediately buildable.  High bidder will get a Warranty Deed for the lot.


(picture shown on right is actual lot)

Property Highlights

  • High bid is for total price of the lot, not a down payment!
  • On the corner of SW 150 Terrace Road  and SW 152 AVE, near by house built in last 3 years.
    • Attractive, level land - See pictures of the parcel below.
    • Property was acquired with title insurance. You will receive a Warranty Deed for the property.
    • Easy access off County Highway 40.
    • The property is a short drive from Rainbow Springs State Park, Lake Rosseau, and Silver Springs Nature Area.
    • Approximately 90 miles from Disney World/Orlando FL .
  • Close to many attractions such as fishing, camping and boating.

Parcel#: 2002-180-010 (Lot 10)

Nearest house built in 2007 (Parcel ID# 2004-178-002) only less then 1100 feet from my parcel

Lot Size: 0.23 acres (10,125 Sq. Ft.)

Lot Dimension: 75 feet wide by 135 feet depth

Zone: R1- SINGLE FAMILY RESIDENTIAL.

POWER: in the subdivision.

$101/ year and paid current through 2009. Winner will be responsible for 2010 tax and all future taxes.  Taxes for 2010 are due March 2011.

Payment Information

YOU ARE BIDDING FOR FULL PURCHASE PRICE!! THIS IS NOT A DOWN PAYMENT! NO RESERVE! NO PAYMENTS! HIGHEST BIDDER WINS!

Total Settlement Amount = Winning bid + $300 buyer's premium + $999.00 Seller fee/Marketing fee/Closing Fee.

NOTE: Buyers premium $300 and seller fee $999 (The property being SOLD at Absolute Auction, HUGE LOSS for quick cash flow and the above fee covers only part of our cost)

Methods of Payment: Certified Check, Cashier's Check, Wire Transfer, Money Order, and all major Credit Cards are accepted via PayPal. Payment must be received within 5 days of close of the auction.

Solution Graphics

 

Deed Recording: You Don't have to record the deed yourself. We will record the deed.

Please bid only if you plan to follow through with the sale and agree to pay the Total settlement amount listed above within the time limit specified.

 

 

Bidder Information
Please Note:  ASK ALL OF YOUR QUESTIONS BEFORE YOU BID! Be certain that you have no unanswered questions before you place your bid. Be certain that this property is suitable for your needs before you place your bid. If you are the winning bidder, Please contact me within 24 hours of auction end with the information to process your deed. Payment must be received within 5 days of the close of the auction.  

Disclaimer: All information contained here is to the best of my knowledge.This parcel has not been surveyed as of this date. The seller offers these assets for sale in "AS IS" CONDITION at the time of sale. We never seen the property.  All prospective purchasers are urged to research this information to their own satisfaction prior to bidding. All sales are final. Your bid is a legal contract to purchase per auction terms, and an acknowledgment that you have completed all due diligence BEFORE your bid. The auction itself is the contract between buyer and seller. Therefore, no separate contract is needed and separate contract will not be sent. Once you win the auction, you will receive an email from Bid4assets which is automatically generated and will not include the fees listed by seller at the auction because each seller has different fees. The email you will receive from the seller will included correct fees and correct final settlement amount as stated at the auction. No Hidden Fees. Please bid only if you plan to follow through with the sale. Thank you.



Additional Details
For more information about this asset including photos, specs and more (when available), click here.


PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to, a) a satisfactory inspection of the property b) completion of a title search c.) investigating back property taxes and D.) other - liens and encumbrances such as unpaid utility bills.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.

Settlement Requirements
  • This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
  • Certified/Cashier's Check
  • Wire Transfer
  • Money Order
  •