AUCTION ID #: 377320 Bookmark and Share
GIGANTIC Lot in Beautiful Pocono Mtns / LAKEFRONT Community / Low Bid!
Item 377320  
Final Bid: USD $5,050
Number of Bids: 35
Your Bid Status: Login to view status
Reserve: No Reserve!
Status: Closed
Auction Started: 03-07-08    07:00 AM ET
Auction Closed: 03-10-08    10:36 PM ET
Asset Details
Seller Information
Seller Name: DreamlandUSA
Rating: Seller Rating - 5 (6)
Location: Newfoundland, PA    18445
View Seller's other items
 
 
Bid Increment: $50
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $1,495
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
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Asset Description

 
 

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You are bidding on an
OVERSIZED
Lot in a LAKEFRONT Community in the Beautiful
Pocono Mountains!

 

Pocono Springs Estates is a Four season recreational, gated community in the Pocono Mountains, located just off of Interstate 380 in Wayne County, Pennsylvania, and only minutes away from the Proposed Light Rail System from the Pocono Mountains to New Jersey and New York City!!  Pocono Springs Estates is also just minutes away to a new resort that is already open for business called Mount Airy Resort & Casino that will bring to the area MASSIVE GROWTH and over 4,000 jobs to the region.  Get ready for property values to soar!!


 


Here are some of the Private Amenities you can enjoy in the community only available to land owners:

  • 133 Acre Crystal Lake
  • Wonderful Beaches to enjoy
  • 2 Gated Entrances
  • Boat docks for great Fishing
  • Recreation Island
  • Parks and Playgrounds
  • Heated Swimming Pool with separate Kiddie Pool
  • Basketball Court
  • Tennis Court
  • Community Clubhouse
  • 24 Hour Security Patrols
  • Beautiful Golf Courses everywhere
  • Snow Skiing less than 20 minutes away!

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~ Property Profile ~

You are bidding on the FULL PURCHASE PRICE of Lot 4 located on Beech Court, which is one of the Largest and Highest Valued lots in the community!!  Situated in the heart of the Beautiful Pocono Mountains, and will be conveyed Free and Clear of any liens via a Special Warranty Deed!

  • Legal Description:  Pocono Springs Estates, Lot 4

  • Parcel #:  14-0-0002-0100

  • Assessed Value:  $8,900.00!

  • Size & Dimensions.62 of an acre  (OVER HALF AN ACRE!!)

  • Road Access:  Beech Court

  • Utilities:  Unimproved lot with power in the area.  Access to water and sewer is done through a well and septic system.

  • Property Taxes:  Approximately $130.00 a year, and are Paid Current.

  • Title:  Title will be delivered to the winning bidder Free and Clear of any liens via a Special Warranty Deed!

  • Association Dues:  $468.00 per year, and are paid current.  Pocono Springs Estates may charge a one-time only Capital Improvement Fee of $200.00 to the new Buyer, unless the Buyer elects to re-sell the parcel within 18 months.  If the buyer intends to re-sell the parcel within 18 months, a one page Affidavit will be provided to the winning bidder, which must be signed and notarized, and sent to the association, and in which case the Fee will be waived for you.

  • Disclaimer:  All listed properties are sold "As-Is Where-Is."  The information contained in this listing is "true and accurate" to the best of our knowledge.  Seller does not make any guarantees expressed or implied regarding the information in this listing.  Bidders are urged to perform all due diligence prior to bidding to their own satisfaction.


~ Maps of the Area ~

Aerial Map

Plat Map

The addresses on the map represent homes!

Street Map

Bidding is for TOTAL PRICE, NOT a down payment.  NO RESERVE!!

WINNER TAKES ALL!


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                                                       Typical Lot Photo                                                                Wildlife in Pocono Springs

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Sign in the Entrance of Pocono Springs                                      
 Home in Pocono Springs Estates


~ Terms & Conditions ~


Once the auction has closed, payment is to be received within 5 days.  We will email the winning bidder with instructions for payment and deed information within 24 hours of auction end.  We accept cashier's checks, money orders, or Paypal (credit card).  Once payment is received, we will provide you with the parcel map, send the deed to the Wayne County Recorder's Office to be recorded, and a copy of the new deed (in your name) will be sent to you.  You do not have to record the deed yourself.  The high bid is for the FULL PURCHASE PRICE, not a down payment. 



There is a 10% buyers premium on the winning bid to cover the cost of the auction and a $199 document/recording fee that will be added to the final high bid.


Settlement = Winning Bid + 10% of Winning Bid + $199

PLEASE READ THE ENTIRE AUCTION AND ASK QUESTIONS BEFORE BIDDING.  EMAIL US AT:  american_dreamland@yahoo.com

Please ONLY bid if you are a serious buyer.  Your bid is a LEGAL CONTRACT to purchase per auction terms, and an acknowledgement that you have completed ALL due diligence BEFORE you bid.  Non Payment will result in an alert sent to Bid4assets, along with mediation



Maps & Area Information

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
  • Money Order
  •