3 BEDROOM / 2 BATH SPRUCE CREEK SOUTH HOME REAL ESTATE AUCTION

 

3 BEDROOM / 2 BATH SPRUCE CREEK SOUTH HOME REAL ESTATE AUCTION in Summerfield, Florida

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Brief Description
In order to assist in the settlement of the Ferne I. Stephens estate, the Trustees of The Ferne I. Stephens Trust, have authorized Alan Frenkel Auction & Realty to sell the following real estate at public auction to the HIGHEST BIDDER, REGARDLESS OF PRICE!

Auction Schedule
Live On-Site Auction

Begins: Saturday, April 22nd, 10 AM EDT

Location: 10626 SE 174th Loop, Summerfield, FL 34491

Details
10626 SE 174th Loop, Summerfield, FL 34491

Auctioneer’s note:
Investors, investors, investors! This home is externally pleasing to the eye and had a new roof installed in 2016, however internally it has suffered major termite damage and will require extensive work to bring it back to a habitable state. Arrange your inspection, plan your work and then reap the benefits. Located on a corner lot this home could be a great project for those seeking the opportunity to do work themselves or others looking to contract the efforts out.

PROPERTY FEATURES
• New roof 2016
• Built in 1994
• Frame home
• Central air/heat
• Corner lot
• Electric – Duke Energy
• Water-Sewer – Marion County

SPRUCE CREEK SOUTH AMENITIES

• Private, 55 + gated community
• 25,000 square foot clubhouse with fitness center
• 18-Hole Championship golf course
• Shops and restaurants accessible by golf car
• Assortment of hobby and game rooms
• Wide selection of sports facilities
• On site RV parking
• Immediate access to 441/27
• 2 miles north of The Villages

AUCTION TERMS AND CONDITIONS

• Property sells to the HIGHEST BIDDER, REGARDLESS OF PRICE!
• Open to the public.
• 10% buyer’s premium charged.
• $2,500 cash or cashier’s check must be displayed to bid.
• 20% of the contract deposit collected at the auction upon winning the bid.
• Balance due within 30 days of auction at closing.
• Current year real estate taxes to be prorated to day of auction.
• POA to be prorated to the day of closing.
• Buyer to pay $175 estoppel fee to Heritage Management Property Managers
• Sells on an “AS-IS” basis.
• All closing costs at the buyer’s expense.
• Possession with deed at closing.
• Inspection by appointment, call Sean Donnelly, Auctioneer.
• Bidder Information Package available at www.SOLDBYALANFRENKEL.com
• Auction conducted on-site, rain or shine.

Up to 2% Broker Participation available. Broker must register 48 hours prior to auction. Call to qualify!

Announcements made at the auction take precedence over printed matter.