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Real Estate Auction Thursday, May 15, 6:00 PM 1½ Story Home & City Lot with view of Crow River! Monica Tesch, Real Estate Auction Inspection Dates: Mon. April 21, 5-7 p.m. and Mon. May 5, 5-7 p.m. Address: 309 Lewis Ave N, Watertown MN 55388 Location: From Hwy. 25 in Watertown, East on Territorial St. (Co. Rd. 10) to Lewis Ave (Co. Rd. 27), North on Lewis Ave. DESCRIPTION: Home & City Lot with view of Crow River and Lions Park. 1½ story wood frame home, built in about 1907 with approx. 880 finished sq. ft.w/ 1952 cinder block foundation & basement with cement floor. Main floor: Kitchen, bath, laundry, living room, bedroom. 2nd floor: two rooms + hallway area. Foundation size: 712 sq. ft. Utilities: Water heater; elec. service; newer natural gas hot water furnace. LOT: 99 ft. x 157 ft. overlooking Crow River! Legal Description: Lot 8 & South half of Lot 9, Blk 42, City of Watertown MN 2008 Real Estate Taxes: $1150. PID# 85.050.3210 TERMS: The successful high bidder will be required to pay immediately after the auction 10% of bid price as down payment, sign a purchase agreement & addendums after auction, Thursday, May 15, 2008 and be prepared to pay the remaining 90% Balance no later than Closing Date, on or before Tuesday, June 10th, 2008. The funds due are payable in full at the time of closing in cash or certified funds. If property is not closed, the buyer shall forfeit all down payment funds to seller. Said earnest money shall be deposited into Fred W. Radde & Sons, Inc. Real Estate Trust Fund Account until closing date. There is no Buyer’s Premium. Conditions of Sale: This property is being sold at public auction “AS IS” with no contingencies or warranties on condition of equipment, or condition of building and its components. The Seller agrees to pay the 1st half of the Real Estate Taxes due and payable in the year 2008. The Buyer agrees to pay the 2nd half of the Real Estate Taxes due and payable in the year 2008. All Real estate taxes will be paid at closing. John J. Radde, Realtor - (952) 955-1587 Watertown MN |