AUCTION ID #: 221194 Bookmark and Share
Florida-Near Gainesville; Corner Lot, Beautifully Treed
Item 221194  
Final Bid: USD $1,000
Number of Bids: 1
Your Bid Status: Login to view status
Reserve: No Reserve!
Status: Closed
Auction Started: 12-09-05    03:00 PM ET
Auction Closed: 12-16-05    03:00 PM ET
Asset Details
Seller Information
   
Seller Name: samango
Rating: Seller Rating - 4.5 (16)
Location: Interlachen Lakes, Palatka, FL    32148
View Seller's other items
 
 
Bid Increment: $100
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $1,000
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
Page Views:
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Note to Bidders: This is a Bid and Assume auction for owner-financed real estate. Your bid represents two steps (1) the down payment on the listing and (2) your commitment to pay the seller the remaining balance owed by making monthly payments. The seller will specify the interest rate. Please carefully review the seller's terms below - - prior to placing your bid on this auction - - as there may be additional collection/processing fees, closing costs, a buyer�s premium or other fees.

Click here to read our Frequently Asked Questions on Bid and Assume auctions.

Asset Description

INTERLACHEN LAKES ESTATES
Palatka, Putnam County, Florida
CORNER LOT - Himalayan Street & Adam Street
Unit 15, Block 38, Lot 32
.23 Acre

BID & ASSUME AUCTION: Your bid is for the DOWN PAYMENT of this property. FULL PURCHASE PRICE IS $22,000.00. OPENING BID: $1,000.00. Owner will FINANCE the loan balance at $299.00 + $6.00 servicing fee monthly, 9% interest rate.

WE WANT OUR CUSTOMERS TO BE SATISFIED! WE OFFER A ONE TIME, NO QUESTIONS ASKED , 90-DAY EXCHANGE POLICY. YOU MAY EXCHANGE YOUR LOT FOR ANOTHER LIKE PROPERTY OR UPGRADE.

EXCHANGE FEES: $199.00 if deed has not been issued. $299.00 if Warranty Deed has been issued.

Toll-Free: (800)715-5263

Email: sales@myeranch.com
~Featured Property~

HOT Deals in Florida - Build or Invest!








CORNER LOT - BEAUTIFUL TREES!

PLEASANT WEATHER! NEAR GAINESVILLE!

Description:

Own this beautiful lot in Interlachen Lakes Estates in Palatka, Florida, Putnam County. Enjoy the pleasant weather - average January temperature is 56 degrees F and in August, the average temperature is 81.6 degrees. The average rainfall in January is 3.4 inches; in August, rainfall is approximately 6.9 inches. Just 30.5 miles to Gainesville and approximately 50.8 miles to Jacksonville. Nearest cities include Hawthorne (13.3 miles), Keystone Heights (14.8 miles), Palatka (16.8 miles), Pomona Park (22.0 miles) and Hampton (23.6 miles). Industries providing employment in Interlachen is: Educational, health and social services (22.3%), Retail Trade (14.1%), Construction (12.4%) and Manufacturing )10.7%.

Interlachen is near the University of Florida in Gainesville, Ocala, and the Silver Springs Theme Park with it's glass bottom boats. Daytona Beach and NASCAR, St Augustine's historic district and it is only a 2.5 hours drive to Disney World in Orlando!

Interlachen is a town in Putnam County, in the Palatka metro area. The community is in the Eastern Standard time zone. The latitude of Interlachen is 29.623N. The longitude is -81.89W. The estimated population in 2003 was 1,485. Electric is available, no power poles on lots but there are power poles in neighborhood

Solar/generator used extensively in the subdivision. Water is by well and sewer is septic. Association dues/taxes are approximately $100.00/year. The property is zoned residential and there is no time limit to build.

Putnam County offers much in the way of recreation: the 18-hole, par 70 course Palatka Municipal Golf Course; shopping, dining, hunting, hike. Atlantic beaches are just 30 minutes east. Walt Disney World and the Kennedy Space Center are less than two hours from Putnam County.

  • Hospitals/Medical Centers Near Interlachen:
    Putnam County Medical Center - located in Palatka, about 16 miles
    Shands At Starke - located in Starke, about 17 miles
    Kindred Hospital North Florida - located in Green Cove Springs, about 27 miles
  • Airports:
    Gainesville Regional - 27 miles
    Ocala International-Jim Taylor Field - about 39 miles
    St. Augustine - about 45 miles
  • Colleges/Universities
    Saint Johns River Community College - located in Palatka, about 16 miles
    University of Florida - located in Gainesville, about 33 miles
    Sante Fee Community College - located in Ocala, about 37 miles
    Florida Community College - located in Jacksonville, about 52 miles
  • Public Schools
    Interlachen High School (Grades 08-12)
    Interlachen Elementary School (Grades PK-05)
    C.H. Price Middle School (Grades 06-08)
Lot Number
Lot Size
Interest Rate
15-38-32
Corner of Adam St. & Himalayan St.
.23 Acres
(more or less)

9%
Fees
Utilities
Time Limit to Build
Association Dues:
N/A

Taxes:
$100.00/year
Power: On Street;
Water: Well-Buyer Install;
Septic: Buyer to Install; Phone: In Subdivision
None, but once you begin, you must complete construction in one year. Modular and custom homes allowed.
Documentation Fee
Contract Terms
Contact Info
$399.00
$22,000.00 - Total Price
$299.00 + $6.00 - Monthly
$20,000.00 - CASH PRICE
sales@myeranch.com
1-800-715-5263
808-638-0678


Photo of Lot


Photo of Street


A Home in the Subdivision


Another Home in the Subdivision


Interlachen Lakes Estates Subdivision


Interlachen Lachen Lakes Estates Community


Plat Map


Aerial Photo


Mapquest Street Map of the Area


Interlachen Area Near Gainseville and Palatka


Highway Map

CLICK HERE FOR DIRECTIONS TO INTERLACHEN LAKES ESTATES

DISCLAIMER
*ALL SALES FINAL! NO REFUNDS! The winning bid is considered an agreement to buy and is final. DO NOT BID ON THIS PROPERTY IF YOU ARE UNABLE TO MEET THE TERMS OF THE AUCTION. Please note that there may be many lots in the area, therefore picture(s) may or may not be of specific lot. All properties are sold "as-is". Prospective purchasers are urged to examine and research all properties prior to bidding. All information contained in this listing page has come from reliable sources and is accurate to the best of our knowledge. MyEranch.com/Hawaii Arizona Corp. make no guarantee expressed or implied as to the location, condition, accessibility, terrain, build ability or information contained in this listing. You will be issued a Warranty Deed, guaranteeing you free and clear title with no encumbrances of any kind, when the property is paid in full.


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


Bid4Assets Bid and Assume Policy.
This auction is a Bid and Assume auction. This means your bid is your down payment. You will asume a loan balance at a specified interest rate and a specified monthly payment plus processing fees



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
  • We accept American Express, MasterCard and Visa. Please contact us toll-free at (800)715-5263 at the end of the auction.
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