Ashland Auction Group

1072 SE 155th St. Summerfield, FL 34491

Zoning

A1

RARE OPPORTUNITY | STUNNING Income Producing Property | Greater Ocala Area, FL
Online
This Auction has Ended

Current Bid:

$450,000.00

Reserve not met

Pre-auction authorization:

$5,000

Highest Bidder:

p****o

Initial Deposit:

$25,000

Bidding complete

RARE OPPORTUNITY | STUNNING Income Producing Property | Greater Ocala Area, FL
CALLING ALL BUYERS!
Don't miss this RARE OPPORTUNITY to purchase your own piece of Paradise!
Presenting 1072 SE 155th St~
Beautifully Updated Rancher Situated on just under +/- 3.00 Acres.
COMPLETE WITH 2 INCOME PRODUCING DWELLINGS!
This Unique Property Truly Has it All!
A fully fenced yard,  Fenced Paddock area (with a Pole Barn) 2 updated Mobile homes.
Not to mention the thoughtfully designed patio & screened in porch-
The FEATURES ARE ENDLESS! ~
An Open Floor Plan with Ceramic Floors and a Gourmet Kitchen only add to the allure of this property.
Located in the Greater Ocala Area, property offers a tranquil (yet convenient!) escape.
Minutes to everything you could ever need including Parks, Schools, Shops, Restaurants, Transportation, Health Care & Much More!
You don’t want to miss this one!
Property is Owner Occupied. Please See below for more information.


Property is Believed to be set up as:

Main Level:
-Living Room
-Dining Area
-Family Room
-Gourmet Kitchen
-3 Total Bedrooms (including Primary Bedroom w/ ensuite bathroom)
-2 Total Full Bathrooms

Exterior:
-Screened in porch
-fully fenced yard
-private driveway
-Fenced Paddock Area with Pole Barn
-Patio
-2 car garage 

Additional Property Features: (To View full List of Features & Updates, Click Here)
Microwave
Stone Counters
Dishwasher
Range
Refrigerator
Washer
Ceramic Tile Flooring
Vaulted Ceilings
Ceiling Fans
Tray Ceilings
Electric Fireplace
Stone Counters
Central Air Conditioning
Board/ Chain Link Fencing
Garden


Mobile Home #1 (AKA 1086 SE 155th St) 
Believed to be set up as:
-Living Room
-Dining Area
-Kitchen
-2 Bedrooms
-Full Bathroom

Rental Information:
Scheduled Monthly Rent: $1,000/mo
Scheduled Annual Rent: $12,000/yr
Lease Term: Month-to-Month
Lease Status: Tenant is current on Rent.
*No Rental Documents are available


Mobile Home #2 (AKA 1078 SE 155th St)
Believed to be set up as:
-Living Room
-Dining Area
-Kitchen
-2 Bedrooms
-Full Bathroom
-Full Size Deck

Rental Information:
Scheduled Monthly Rent: $800/mo
Scheduled Annual Rent: $9,600/yr
Lease Term: Month-to-Month
Lease Status: Tenant is current on Rent.
*No Rental documents are available.


Total Scheduled Monthly Rent: $1,800/mo
Total Scheduled Annual Rent: $21,600/yr


Click Our Documents Tab for a Sample Contract of Sale & More information

Listed in Cooperation with Elizabeth Izquierdo of Homerun Realty


Year Built: 1991
Real Estate Taxes: $3,035.70 (Marion County Parcel ID #44667-006-00)
Title Information: Fee Simple. Sold free and clear of all liens.
Lot Size: +/- 2.90 AC
Occupancy: Property is owner occupied and will be delivered vacant at time of settlement.
Inspection Time: Please call our office for details.
Deposit: Deposit must increase to 10% of total purchase price within 72 hours.
Property Disclaimer: Property is on a Well & Septic.
Auction Disclaimers: Purchaser responsible for independently verifying/obtaining all zoning, permits, licenses, usage, etc.
Auction ID: A-000012451
Buyer's Agent Commission: 2.0% Broker Co-Op. Commission will be paid on Bid Price only before the inclusion of the Buyer’s Premium. Agents must register their clients 48 hours prior to the auction beginning. Clicks the Agents tab to fill out the Agent Registration form. Additional terms and conditions apply. Ashland Auction & Realty, LLC Jennifer Johnson Broker 561-266-4740.

No donations for this lot

Bidder Registration Process

All bidders will be required to validate their account and post a Good Faith Authorization Charge prior to being able to place a bid.

The Good Faith Authorization Charge amount can be found listed under "Pre-Auction Authorization:in each auction.

The Good Faith Authorization Charge will open once the auction begins.


What is a Good Faith Authorization Charge?
A Good Faith Authorization Charge will not go towards the purchase of the property, and it is not a deposit. It is a hold that allows us to validate your account and confirm that you are a serious bidder.
Once the authorization is approved, this charge will appear as a hold on your credit card. If you are using a debit card, the Good Faith Authorization Charge will appear as a pending transaction. Acceptable Payment Methods: Visa, Mastercard, Discover, and American Express.
Click here to add a credit card to your account if you do not already have a valid credit card on file.

Confirm Your Good Faith Authorization Charge
Once bidding is open, you will be required to confirm that you want to participate in the auction by clicking "Bid Now." If you have not added a credit card to your account yet, you will be prompted to do so at this time.  Once your Good Faith Authorization Charge is posted, you will be able to participate in the auction.


 

Pre-Auction Offers can be submitted via:

• Form: Contact Us

• Phone: 410-488-3124

• Email: Sales@AshlandAuction.com

Pre-Auction Offers can only be submitted before the start of the online auction.

• 10% Buyer's Premium will be added to the high bid.

• Title: Property will be sold with free and clear title.

• Settlement: 45 days from date of contract ratification.

• Winning Bidder is required to sign and return a contract of sale no later than 4:00PM EST on the day the auction ends.
• Winning Bidder is required to tender deposit within 24 hours via certified funds in the form of cash, cashier’s check, or bank wire. deposit must be increased to 10% of total purchase price within 3 business days.

• If either the deposit or contract is not received the bid will be voided and Ashland Auction Group and/or Ashland Auction & Realty reserves the right to terminate the bidder’s account.

 

• Bidders are bound by AshlandAuction.com’s Terms of Use

• Ashland Auction Group will not be responsible for any errors in bidding, website failure, or internet disruption.

• Each bid made on a property in the last two minutes of an auction will add more time to the auction. This will continue indefinitely until the time expires without new bids being placed. A soft close ensures fairness and allows the highest bidder to win.

Listed by Ashland Auction & Realty; Jennifer Johnson Florida Broker License #BK3624644, in Cooperation with Elizabeth Izquierdo of Homerun Realty


The property will be sold in "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein; and subject to easements, agreements, restrictions, or covenants of record affecting same. The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. Property is sold subject to any Local, State or Federal Government Housing Code Violation Notices or Vacant House Notices issued by Local, State or Federal Government. In addition, the purchaser shall independently verify if a use and occupancy permit exists on the subject property by Local, State or Federal Government. It is the purchaser’s responsibility to obtain any use and occupancy permit, if needed. The purchaser waives and releases the Trustee, the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to, the environmental condition thereof. If the Trustee/ Seller is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit, this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Trustee/ Seller or Auctioneers. All expenses, including real estate taxes, sanitary and/or metropolitan district charges, special assessment and private utility charges are to be adjusted to date of contract settlement and assumed thereafter by the purchaser. In the event that the property is occupied, the Purchaser is purchasing the property subject to the existing occupants of record. Purchaser is responsible for obtaining possession of the property. Purchaser assumes risk of loss from the date of contract ratification forward. Seller agrees to give rights of possession at time of contract settlement.

Recordation costs, transfer taxes and all other costs incident to settlement, to be paid by the purchaser. If payment of the additional deposit, if any, or the balance of the purchase price is not made within the specified periods, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. Time shall be of the essence.

NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Property dimensions, square footage and acreage are more or less.  Number of bedrooms, number of bathrooms, number of levels in property and types of utilities should be independently verified by the bidder and are NOT guaranteed by Auctioneer and Seller. Photos placed on website are for information purposes only and shall be independently verified by buyer.
 

If the property is Tenant occupied, it is being sold subject to the existing Tenant or Occupant in the property.  The Bidder shall independently verify all lease documents. Ashland Auction Group and/or Ashland Auction & Realty, LLC does not guarantee if the tenant is current on rental payments. Ashland Auction Group and/or Ashland Auction & Realty, LLC does not guarantee the occupancy status of a tenant, nor is Ashland Auction Group, LLC responsible for a tenant breach of lease agreement or vacating property during the advertised auction period, closing, or post-closing, if any. Property is sold subject to any valid or invalid Lead Certification from the Department of the Environment. Ashland Auction Group does not warrant the accuracy of any MDE Lead Certifications, if any. It is Buyer’s responsibility to verify with all Local, State and Federal Governments if any other licensing requirements are required.

All properties are being sold subject to any ground rent of record. In the event there is an error in the advertised ground rent or the contract states “Fee Simple”, the Buyer shall take title with the existing ground rent of record and there shall not be a monetary penalty to the seller. Prospective purchasers are encouraged to perform their own due diligence and inspections in advance of the auction.


Ashland Auction Group and/or Ashland Auction & Realty, LLC is acting as agent for the Seller in this transaction and or Auction.  Ashland Auction Group and/or Ashland Auction & Realty, LLC is not acting as agent for the any bidder or any successful bidder regarding pre-auction offers, offers online, onsite auction or post auction offers.
 

Any person or real estate agent submitting bids on behalf of a buyer, corporation, or other entity agrees to be personally liable for the payment of the purchase price and any related charges and the performance of all Buyer obligations under the Terms of Sale.

Registered Brokers or Agents who represent bidders for pre-auction, on-site auctions, online auctions, or post-auction listings are acting as an agent for the buyer and not a sub-agent for Ashland Auction Group and/or Ashland Auction & Realty, LLC.


Good Faith Authorization Charge Required: All bidders will be required to post a Good Faith Credit Card Authorization Charge to establish themselves as a bona fide bidder. Failure to return an executed Contract of Sale, required addenda, and the stated deposit, as specified in the advertised listing, is a breach of the auction’s Terms of Sale. Bidders hereby authorize Ashland Auction Group, LLC to charge the credit card used to register for the auction to satisfy part or all of the liquidated damages owed to Ashland Auction Group and/or Ashland Auction & Realty, LLC.

BY PLACING A BID, BIDDERS ACKNOWLEDGE AND AGREE THAT A FAILURE TO EXECUTE A CONTRACT OF SALE WITH A DEPOSIT MAY RESULT IN SUBSTANTIAL ECONOMIC DAMAGES AND LOSSES OF TYPES AND IN AMOUNTS WHICH ARE IMPOSSIBLE, IMPRACTICAL, OR OTHERWISE EXTREMELY DIFFICULT TO ESTIMATE THEREOF.

ACCORDINGLY, IN LIEU OF ACTUAL DAMAGES OF SUCH DELAY, BIDDERS HEREBY AUTHORIZE ASHLAND AUCTION GROUP AND/OR ASHLAND AUCTION & REALTY, LLC TO CHARGE THEIR CREDIT CARD TO SATISFY PART OR ALL OF THE LIQUIDATED DAMAGES, DUE TO ASHLAND AUCTION GROUP, LLC.

IN ADDITION TO THE LIQUIDATED DAMAGES WHICH IS NOT A PENALTY SET-FORTH ABOVE, BIDDERS ACKNOWLEDGE AND AGREE THAT THEIR NON-PERFORMANCE AND EXECUTION OF A CONTRACT OF SALE MAY RESULT IN ADDITIONAL DAMAGES TO THE SELLER AND ASHLAND AUCTION GROUP AND/OR ASHLAND AUCTION & REALTY, LLC. SELLER AND ASHLAND AUCTION GROUP AND/OR ASHLAND AUCTION & REALTY, LLC RESERVE THE RIGHT TO PURSUE ANY AND ALL LEGAL REMEDIES AVAILABLE AT LAW OR EQUITY, INCLUDING THE RIGHT TO MAINTAIN AN ACTION FOR SPECIFIC PERFORMANCE OR TO HAVE THE PROPERTY SOLD AT THE RISK AND EXPENSE OF THE NON-PERFORMING BIDDER.  CONSEQUENTLY, BIDDERS AGREE TO PAY THE SELLER AND ASHLAND AUCTION GROUP AND/OR ASHLAND AUCTION & REALTY, LLC FOR ANY COSTS ACTUALLY INCURRED BY THE NON-PERFORMING BIDDER RELATED TO THE HOLDING, MARKETING, OR RESALE OF THE PROPERTY.

Notice: Bids are legally binding. Bids placed on AshlandAuction.com are bound by AshlandAuction.com’s Terms and Conditions (see AshlandAuction.com’s Terms).


 

1072 SE 155th St.
Summerfield, Florida 34491
United States