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UNDER CONTRACT 02/17/2017, AUCTION CANCELED! 16774 Joy Loop, Lowell, is an unfinished 3 bedroom, 2 bath home with a view of Beaver Lake! The double lot has road frontage along two separate streets. There are numerous birds, great lake views, fishing and skiing. Hickory Creek State Park and Marina are nearby. MLS#1036815
The exterior has slate rock porch and rustic wood railing and shutters. Very charming look. There is an extra deep and wide iron carport for boats, trailers, trucks and such. The house has a metal roof, with mature trees and propane tank. The house has been taken down to the 2x4s and lots of quality materials installed like: Pella Therma Star Windows, Engineered Wood Floor in Bedrooms, R-13 insulation, gas & 220 in kitchen, new plumbing, Whirlpool water tank, new Beam Classic central vac system, large tiles for flooring, new electrical box, new Goodman propane furnace and electric A/C.
If you are looking to get into a property where you can put in some sweat equity and complete the construction, this home may be for you.
The drive to Pleasure Heights 3rd Addition is beautiful with winding roads, deer and other wildlife. Pleasure Heights is high above Beaver Lake and one can see a large area of lake. Tyson Foods Corporation, a major employer in the area, is about 14 miles from Pleasure Heights Subdivision. Other major employers are Wal-Mart Headquarters, JB Hunt Transport, University of Arkansas and more.
Auction is set for Sunday, February 19th at 1:00pm at 16774 Joy Loop, Lowell. Pre-registration is required for Buyer's agent 48 hours prior to auction date. Buyer's agent must be present.
Registration finalizes - Each bidder agrees to terms and conditions of sale. Do not bid unless you agree to be bound by these terms. Property to be sold "as is where is" with faults, without express or implied warranties of any kind. Buyer is to perform all inspections prior to auction with professionals of their choosing. Century 21 Lyons & Associates does not inspect properties on behalf of buyers and assumes no responsibility for the correctness of any descriptions.
Buyer must make a 10% non-refundable deposit at the conclusion of bidding. Buyer must also execute the sales contract and property disclosure (if available) which will be posted prior to the auction. Balance of purchase price along with all closing costs will be due in approx. 30 days. Buyer to pay all closing costs including 10% buyer's premium, title insurance, revenue stamps, closing fees, survey, filing costs, and any other fees. Seller will cure any title problems if necessary. Taxes will be pro-rated to day of closing. Possession will be upon closing with filing of deed. 10% earnest money will be refunded if seller defaults. Property is sold with no contingencies, buyer should conduct all inspections required by lender prior to auction. If a lender is being used, buyer should be pre-qualified.
Purchase price is amount of highest bid plus 10% buyer's premium to make a total purchase price. Buyer to make a 10% non-refundable deposit of the total purchase price.
***Example - High bid is $500,000
$500,000 plus $50,000 = $550,000
10% non-refundable deposit = $55,000
All information given orally or in writing was derived from sources believed to be correct, but is not guaranteed. All real estate dimensions are only approximations. Buyers shall rely entirely on their own information, judgement and inspection of the property and records.
OFFERS PRIOR TO THE AUCTION WILL BE TENDERED TO SELLER. Announcements day of sale precede all others.
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