Absolute Real Estate
A U C T I O N
No Minimum Bid - No Reserve Bid
Thursday, December 3rd - 2009
6:00 PM Start On-Site
317 Hill Street West
Norwood Young America, MN 55368

Directions:
Located 2 blocks south of Highway 212 in Norwood Young America. From 212, take Reform Street S, to Hill Street East to property. Follow Auction Signs.

Property Preview:
Sunday, November 22nd from 2 to 3 PM
Monday, November 30th from 4:30 to 5:30 PM
Or by appointment ONLY.

Home:
Approximately 1,974 finished square feet, with an unfinished basement. 4 bedroom, 3bathroom home built in 1890, but remodeled several times over the years. 4 bedrooms all on the upper level with a 3/4 bathroom upstairs. Main floor full bath and 3/4 bathroom in the basement. Hot water heat with high efficiency natural gas boiler, natural gas hot water heater.New basement dug in the 70's, home partially remodeled in the 80's, new 2nd floor and roof structure in the late 80's. 2 stall detatched garage.

The property is in need of some TLC and would be perfect for an owner/remodeler or an investor for a winter project. Nice large lot with potential! There is a free standing storage shed on the property that will be sold immediately after the real estate.

Sellers Disclosure: disclosure.pdf

Lot:
74 ft. x 125 ft. Lot 3 and the E 14 ft. of Lot 4, block 15, city of Norwood.

Zoning:
Residential Single Family

Taxes:
PID #580500930 Taxes due and payable in 2009 are $1,894.20 including $950.98 in special assessments from 2003 sewer and street project. There is a $4,939.29 balance of special assessments as of January 1,2010 and the sellers will PAY THIS IN FULL at closing. The new buyers will not have any balance of special assessments from the street and sewer project of 2003.

Terms:
The buyer is required to place $2,500.00 down (non refundable) day of auction upon signing purchase agreement. The balance of the purchase price will be due at closing on or before December 31, 2009.

Buyers' Premium:
A 10% buyers' premium will be charged. 10% is added to the high bid, and this will equal contract price. Example $200,000 bid + 10% buyers' premium = $220,000 contract price

Closing:
On or before December 31, 2009

Broker Participation:
Buyers broker participation will be offered. Agents are required to register buyer on auction approved broker registration form 48 hours prior to auction. Agent to verify all measurements. Agent to verify measurements.

United Country Auction First
(952) 442-3855
Carl Radde - Auctioneer
MN Auction License 10-01
Carl@Auction-First.com

Dawn Polston-Hork
MN Real Estate Broker

PROPERTY NUMBER: 22055-91203       

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified.
All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor United Country Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.