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Sep. 02, 2010
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Main Category: Real Estate > Commercial > Maryland
Additional Category: Real Estate > Residential > Maryland
  315 W Main St, Crisfield, MD 21817 Auction ID: 100669  
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315 W Main St, Crisfield, MD 21817

You must be registered in order to access any related documents/due diligence and to bid.

DOCUMENTS / DUE DILIGENCE

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Current Bid -
Start Bid USD 100,000.00 [ Convert ]
# Bids 0
Location 21817, Maryland
Country United States
Time Left Closed
Start Time Jul. 01, 2009 09:44:10
End Time Jul. 23, 2009 14:00:00
Status Closed
Make Offer
Reserve Price Not Met
Winner(s) N/A
The auction is being watched by 0 users
Offered by:

Home of the Accelerated Sale

TRAC Auctions
888.704.8722
info@TRACauctions.com

Our team has conducted thousands of successful sales involving residential, commercial, industrial, raw land, lots and unique properties. We also coordinate estate sales and provide a full range of estate-related services.

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Description

LIVE AUCTION FINALE ON THE PREMISES 7/23, 2PM

DOORS WILL OPEN 7/23, 1PM FOR YOUR FINAL INSPECTIONS

Property will be sold to the high bidder over $149,900 on auction day unless sooner sold.

Property information:

Main House - Large 4 Bedroom / 1 Bathroom 2 story
latest improvements: new heating system ($17,000), April 2003; new water main to house, 2006; new Gutters installed, 2005; scraped and painted entire Building, exterior and interior, new wall to wall high end commercial carpet with felt padding, new Vinyl flooring in kitchen and laundry Room, stainless steel appliances, 2006; new Vinyl windows, 2008; enclosed porch, created new laundry room (drywall, insulation, plumbing and washer/dryer), 2008

Store Front with Office and One Bathroom
latest improvements: 2 new pump systems, 1 in the Office and one in main store room, 2008; separated power from house and installed new electric meter, 2008; new 100 amp electrical panel and rewired store and office, 2008; new vinyl windows and carpeting, 2008; new lighting and closed off access doors to main house, 2006
Includes Terrazzo floor, built-in wall safe

Smaller House -- 2 Bedroom / 1 Bath 2 Story ~900 Sf
latest improvements: completely gutted back apartment; reframed for new design; all new electrical, 100 amp panel, meter and disconnect; recessed lighting, pre-wired for cable and phone; hard wired smoke detectors; new stove; new cabinets and countertop; new vinyl flooring; new carpeting; new trim and doors; insulation; all new plumbing, drains, water supply lines and hot water heater; new bathroom, tub and tile, toilet; new laundry Room hook-ups; all new vinyl windows and new HVAC heat pump system and duct work; fresh paint.
All inspected and built to code. Never been rented or lived in. Completed 2009.

BACK LOT- ¼ acre separate parcel -- cleared no buildings. To be offered separately

Click here for copy of most recent survey

For general terms governing TRAC's real estate auctions, click here. Terms specific to this auction:

  • This sale will be conducted in 2 phases:
    • During the 1st phase (online), the seller reserves the right to accept any bid or offer at any time.
    • at the conclusion of online bidding, the 2nd phase (live) will commence, with a live auction to be held on the premises. The high online bid will registered as the opening bid at the live sale. TRAC will make reasonable efforts to contact the high online bidder to allow said bidder to challenge any higher bid.
  • The property will be open for inspection by appointment by calling the auctioneer's office.
  • To bid by proxy, enter your maximum bid and the system will bid for you up to your maximum. To make your highest and best offer for immediate presentation to the seller, use the Make Offer function. Please call us at 888.704.8722 with any questions.
  • Only ID Verified bidders are permitted to bid on this auction
  • There is a 10% Buyer’s Premium in effect1
  • Broker pre-registration is required. Click here for broker registration form.
  • The purchaser will be contacted immediately upon conclusion of a successful sale in order to coordinate the signing of the Sales Contract and other documents evidencing and relating to the sale.
  • Initial Deposit: $5,000
  • The Purchaser must increase his/her deposit to 10% of the high bid within 3 business days
  • 30 day settlement is required

Please obtain the Property Information Packet (PIP) by calling the auctioneer's office directly at 888.704.8722 or contacting the TRAC representative identified below. A copy of the standard Real Estate Contract of Sale is available to all registered users in the left menu. Registered users may also wish to use the "Ask Seller a Question" function below to request a PIP.

This auction is being conducted by TRAC as an agent of the seller. Paul Sobwick, Auctioneer.

1A 10% Buyer's Premium is in effect. Your high bid plus the referenced Buyer's Premium equals the final purchase price. For example, if the high bid is $100,000 you would add a $10,000 Buyer's Premium for a final purchase price of $110,000.

Auction Terms
Initial Deposit $5,000  
Buyer's Premium 10%  
Settlement 30 days  
Broker Co-op Commission 2.5% (see registration form)  
Property Details
Property Address 315 W Main St  
Property C/S/Z Crisfield, MD 21817  
County Somerset  
TRAC Contact
Name Paul Sobwick  
Phone 888.704.8722 x100  
Email paul@TRACauctions.com  
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315 W Main St, Crisfield, MD 21817
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The poster, TRAC, assumes responsibility for the contents of this listing in accordance with the published Terms

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315 W Main St, Crisfield, MD 21817

You must be registered in order to access any related documents/due diligence and to bid.

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