More Information
ONLINE ONLY REAL ESTATE AUCTION
AUCTION DATE : Wednesday May 8th 2024 @ Noon
PROPERTY ADDRESS: 3220 Brice Rd Canal Winchester OH 43110
Montgomery County Parcel ID: 530-166415-00
Description
Prime Development opportunity
Located in the heart of Canal Winchester, this property offers 5 acres of premium residential land. The area is experiencing rapid growth, with newly constructed apartment complexes nearby. This property, the largest residential lot in the area, presents significant development opportunity.
4 Bed, 2.5 Bath ranch home with just under 2,000 sf. It has undergone some renovations including a new HVAC system, new top-of-the line windows, a new 200amp electric panel, a new electric fireplace with surround, 2 new sum pump (one with battery backup) and new gutters. A couple walls have been removed to open up the space.
The kitchen requires finishing as it is down to the subfloor. There are no interior doors, no window trim, or baseboards. Some of the interior has been painted. Bathrooms are dated but still functional. There is a partial, unfinished basement and 2 crawl spaces.
AEP has an easement on the western side of the property. Map in Documents.
Lot Size: 5.03 Acres
Annual Taxes: $ 4,664
Property Map
Basic Terms:
Sells with a minimum bid of $325,000. 10% down by cash or check which will become your non refundable deposit. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. Buyer pays all closing costs. General warranty deed given at closing with no liens or back taxes.
Deposit and Closing:
Closing is within 30 days using Ohio Real Estate Title Inc. Veronica Riggs 937-322-7333 vriggs@oret.com
Realtor Participation:
Realtor showings and cooperation are encouraged.For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.
To collect a commission, Realtor's must:
1) Attend the showing/inspections with your client.
2) Register your bidder no less than 48 hours prior to the auction by sending a signed Buyer Broker Registration form to the Auctioneer.
3)You will receive 1% of the high bid amount at closing if you represent the winning bidder.