Snyder Estate - Two Real Estate Auctions

Farm Auction in 415 Shilliam Avenue Waterloo, IA 50703, Waterloo Iowa, United States

05 Thursday
March 05th, 2020 4:00 PM
Steffes Group Inc.
Phone: (701) 237-9173

Snyder Estate - Two Real Estate Auctions

Farm Auction in 415 Shilliam Avenue Waterloo, IA 50703, Waterloo Iowa, United States

Thursday at - 05th March , 2020

Disclaimer


TERMS & CONDITIONS All items sold AS IS WHERE IS. Payment (Cash or Check) must be made sale day before removal of items. Announcements made sale day take precedence over all previous advertising. Titles (if any) will be mailed to buyers within two weeks of auction date. A document fee of $35 applies to all titled vehicles.  


International buyers please check your importing regulations prior to bidding. Real Estate terms and conditions will vary per auction.    


WEBSITE ADDRESSES (ONLINE & ONLINE ONLY) www.steffesauctioneers.com   www.IQBID.com    


CORPORATE OFFICE


Steffes Auctioneers Inc.


2000 Main Avenue East


West Fargo ND 58078-2210


Phone: (701) 237-9173(701) 237-9173


Toll Free: (800) 726-8609(800) 726-8609


Fax: (701) 237-0976


E-Mail: [email protected]  [email protected]


AUCTIONEER LICENSES

Scott Steffes ND81 & MN14-51


Bob Steffes ND82 & MN14-09


Brad Olstad ND319 & MN14-70


Clark Sather ND463 & MN54-05      


REAL ESTATE MARKETING


Scott Steffes, Broker


Rodney Steffes, Licensed Sales Associate


Geri Paul, Licensed Sales Associate


Ashley Huhn, Licensed Sales Associate    


LITCHFIELD OFFICE


Steffes Auctioneers Inc


24400 MN Highway 22 South


Litchfield, MN 55355


Phone: (320) 693-9371(320) 693-9371  


Fax: (320) 693-9373


Email: [email protected]


[email protected]


[email protected]


[email protected]




AUCTIONEER LICENSES


Eric Gabrielson, MN47-006, ND890


Ashley Huhn, MN47-002, ND843


Randy Kath, MN47-001, ND894

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Auction Items For Sale

Two income producing properties selling on this Timed Online Auction. For information contact Terry Hoenig at Steffes Group 319.385.2000 or 319.470.7120.

Two Real Estate Auctions

Located at 415 Shilliam Avenue & 905 Logan Avenue

Bidding Opens:
Thursday, March 5th      
Bidding Starts to Closes:
Thursday, March 12, 2020 at 4:00 PM


Open House on Thursday, February 27th from 4-5pm

 

Waterloo, Iowa - Tract #1 – 3 Bedroom Home

905 Logan Ave, Waterloo, IA

Long term tenants with this investment property! The one-story home with a fully finished attic was built in 1907 with 1,381 sq.ft. of total living space. This three-bedroom home offers 1 ½ baths and is situated on a 46’x122’ lot with a detached garage with alley access. Tenant lease $725/month.

Not included: All personal property of tenant’s

Included: All items present on the day of closing.

Assessed Value: $51,340

Real Estate Taxes

Gross/Net                  $1,154.08 (Rounded)

 

 

Waterloo, Iowa - Tract #2 – 3 Bedroom Home

415 Shilliam Ave, Waterloo, IA

Another opportunity for an investment property! This two-story home was built in 1,900 with 1,078 sq.ft. of living space on two levels. This three-bedroom home offers 1 bath and is situated on a 56’x151’ lot. Tenant lease $600/month.

Not included: All personal property of tenant’s

Included: All items present on the day of closing.

Assessed Value: $37,940

Real Estate Taxes

Gross/Net                  $678.00 (Rounded)

 

Terms:10% down payment on March 12, 2020.  Balance due at closing with a projected date of April 24, 2020, upon delivery of merchantable abstract and deed and all objections have been met.
Possession: Projected date of April 24, 2020.
Real Estate Taxes:  To be prorated to date of possession on the basis of the last available tax statement.  Seller shall pay any unpaid real estate taxes payable in prior years.


SPECIAL PROVISIONS:

  • This online auction will have a 5% buyer’s premium.  This means the buyer’s premium in the amount of five percent (5%) of the bid amount shall be charged to the Buyer and added to the bid amount to arrive at the total contract purchase price.
  • Down payment is due on the day the bidding closes.
  • The homes are rented on a month to month basis and are selling subject to tenant’s rights.  The rent will be prorated to the date of possession, any security deposits, if any, will be transferred at closing.  It is the responsibility of the new buyer to give tenants notice, if so desired.
  • This real estate is selling subject to any and all covenants, restrictions, encroachments and easements, as well as all applicable zoning laws.
  • This auction sale is not contingent upon Buyer’s financing or any other Buyer contingencies.
  • Purchasers who are unable to close due to insufficient funds or otherwise, will be in default and the deposit money will be forfeited.
  • The buyer acknowledges that buyer has carefully and thoroughly inspected the real estate and is familiar with the premises. The buyer is buying this real estate in its "as is" condition and there are no expressed or implied warranties pertaining to the condition of the real estate.
  • Steffes Group, Inc. is representing the Seller.
  • Any announcements made the day of sale take precedence over advertising.


John G. Snyder Estate
Michael Snyder – Executor
Benjamin M. Lange – Attorney for the Estate

For information contact Terry Hoenig at
Steffes Group 319.385.2000 or 319.470.7120.