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| AUCTION ID #: 224549 |
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| Northern Florida-Near Gainesville, Extra Large Treed Lot |
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| Final Bid: |
USD $1,000 |
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| Number of Bids: |
2 |
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| Your Bid Status: |
Login to view status |
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| Reserve: |
No Reserve! |
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| Status: |
Closed |
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| Auction Started: |
12-30-05 03:00 PM ET |
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| Auction Closed: |
01-09-06 03:00 PM ET |
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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.
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| Asset Description |
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INTERLACHEN
LAKES ESTATES
Palatka, Putnam County, Florida
210 Janet Street
Unit 17, Block 102, Lots 4,5
37,500 sq. ft. (.86 Acre)
BID
& ASSUME AUCTION: Your bid is for the
DOWN PAYMENT of this property. FULL PURCHASE
PRICE IS $40,000.00. OPENING BID:
$1,000.00. Owner will FINANCE the
loan balance with $399.00 + $6.00 servicing
fee monthly, 9% interest rate. Documentation
fee of $399.00 also due at closing.
Winning
bidder is required to pay a Buyer's Premium of ten percent (10%) of
the winning bid amount. A Buyer's Premium of $100.00 will apply to winning
bids of $1,000.00 or less.
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.
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| ~Featured
Property~ |

HOT Deals in Florida - Build or Invest!
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EXTRA
LARGE TREED LOT!
PLEASANT WEATHER! NEAR LAKE GRANDIN!
ABOUT 30 MILES TO GAINESVILLE!
Description:
Own
this beautiful lot in Interlachen Lakes Estates in Palatka, Florida,
Putnam County. 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!
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 |
17-102-4,5
210 Fred Street
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37,500
Sq. Ft.
(.86 Acre, more or less)
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9% |
| Fees |
Utilities |
Time
Limit to Build |
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Association
Dues:
N/A
Taxes:
$200.00/year |
Power: In Subdivision
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 |
$40,000.00
- Total Price
$1,000.00 - Down Payment
$399.00+$6.00 - Monthly |
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Photo of a Lot in the Subdivision
Photo of Typical Street in the Subdivision
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A
Home in the Subdivision
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Another
Home in the Subdivision
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Interlachen
Lakes Estates Subdivision
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Interlachen
Lachen Lakes Estates Community
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| Additional Details | | For more information about this asset including photos, specs and more (when available), click here. |
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| 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 |
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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.
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| Settlement Requirements |
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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.
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| Certified/Cashier's CheckWire TransferMoney OrderWe accept American Express, MasterCard and Visa. Please contact us at the end of the auction toll-free at (800)715-5263 or (808)638-0678. |
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