Morgan Samuels Inn Real Estate Auction

William Kent Inc.

Date(s) 11/21/2017 - 12/14/2017

Bidding opens Tuesday November 21st at Noon Bidding closes Thursday, December 14th at Noon* *soft close bidding. If a bid is placed in the last 5 minutes of the auction the close time is extended 5 minutes

Past Auction

Online-Only Auction

Catalog

View Catalog (1 Lots)

Bidding Notice:

NOTICE TO ALL BIDDERS The information included herewith is a summary of information available from a number of sources, most of which have not been independently verified. This summary has been provided only for the use of prospective bidders at Public Auction to be held on Tuesday, November 21, 2017 through Thursday December 14th, 2017, in Hopewell, New York, and is supplied for whatever ... Show More

Auction Notice:

ATTENTION: After the property condition disclosure form was completed Barefoot Septic & Sewer serviced and pumped the gray water system tank. As of that service, they are of the opinion that the gray water distribuition box or leech lines need to be serviced, inspected or repaired. They reccomend inspection in the spring after the closing date. As stated, the terms of this auction are the ... Show More

Auction Information

Name	Morgan Samuels Inn Real Estate Auction
Auctioneer	William Kent Inc.
Type	Online-Only Auction
Date(s)	11/21/2017 - 12/14/2017
Auction Date/Time Info	Bidding opens Tuesday November 21st at Noon Bidding closes Thursday, December 14th at Noon* *soft close bidding. If a bid is placed in the last 5 minutes of the auction the close time is extended 5 minutes
Preview Date/Time	OPEN HOUSE $50 per group entry fee. Entry fee refunded with auction registration. Any entry fees not refunded will be donated to the Wilmot Cancer Institute. Open House: Monday December 4th from 11am-12:30pm & Thursday December 7th from 11am-12:30pm or by appointment!
Checkout Date/Time	Closing to take place on or before January 24th, 2018
Location	2920 Smith Road Canandaigua, NY 14424
Buyer Premium	10% buyer's premium.
Description	Online Auction 2920 Smith Road, Canandaigua, NY Bidding opens Tuesday November 21st at Noon Bidding closes Thursday, December 14th at Noon* *soft close bidding. If a bid is placed in the last 5 minutes of the auction the close time is extended 5 minutes Offering a once in a life time opportunity! This enchanting property features an 1810 European style mansion in a private serene setting. Two tree line drives begin your 2000 ft journey back to the elegant stone and brick mansion. Surrounded by fields and trees but minutes from main street of Canandaigua. Currently operating as a 4 diamond AAA exclusive getaway Inn. Delightful entrance with brick steps into living room with wide plank flooring and a great fireplace featuring above a hand-painted mural of Declaration of Independence. Thru a stained-glass door to sitting porch surrounded on 3 sides with floor to ceiling windows to bask in extensive view of property plus dining area. Circular iron sculptured gate to outside patio and fountain statue. Central dining room with bay window surrounded by a hand painted mural of Lake and George Washington with his horse at Valley Forge. Plus, an elegant handmade wall to wall buffet hutch by a German craftsman and wide plank floors. A tea room/dining area glassed in with parlor stove. Powder room for guests. A hidden secret room used for massage studio. A country kitchen with commercial Viking range. The main Mansion features the master suite with the wood burning fireplace being center of bedroom with seating surrounding. Large bath with Jacuzzi plus side room with tub and walk in shower. Five architecturally appointed bedrooms, each with fireplace, 3 with French doors and balconies. Two extra bedrooms with bathrooms. The home has central air, natural gas furnace, municipal water and slate roof. Exterior highlights include a trickling water fall to the koi pond underneath the balconies, extensive perennial gardens, tennis court, garden shed, and large tree shaded lawns! Once owned by the famed Morgan family from Montreal and former New York Gubernatorial Candidate Howard Samuels, who invented the plastic bag, this property is your opportunity to own a piece of history.

Terms and Conditions

NOTICE TO ALL BIDDERS 1. The TERMS OF THE SALE are all cash at time of Closing. The contract is not subject to condition of financing or any other contingencies. You must be sure that your financing is arranged, if needed, or that you are capable of paying cash at closing. 2. Property sells with reserve. 3. Upon acceptance of the final bid, Deposits will be required in cash or certified check made out to William Kent Inc. Brokers. This deposit will be held in Escrow. If the property fails to close due to no fault of the buyer, the deposit will be fully refunded. 4. DEPOSIT AMOUNTS: $50,000 5. The property sells in "AS IS" condition without exceptions. Compliance with any government regulations, including but not limited to septic system and wells, will be the responsibility of the buyer. Fixtures and appliances are sold in "AS IS" condition. Seller makes no representations or warranties, expressed or implied regarding the same. 6. Seller will convey to buyer the premises by Warranty Deed. 7. Parcels sell as per deed description. If the buyer desires a survey, the buyer must procure the survey at the sole expense of the buyer. 8. This sale is for the real property only! Select personal property will be available to purchase by the winning bidder after the auction. 9. Auction includes all fixtures EXCEPT the chandelier in the entryway and the stained glass fixture in the tea room. These items will be removed prior to closing. 10. This Contract of Sale has been reviewed and approved by the Sellers' attorney. When signed, the Contract of Sale becomes a binding contract. Buyers must review this Contract with their Attorney prior to bidding to obtain his or her written approval letter to present with their offer or they must elect to waive Attorney approval.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 100.00	5.00 USD
100.01 - 1,000.00	25.00 USD
1,000.01 - 10,000.00	250.00 USD
10,000.01 - 100,000.00	10,000.00 USD
100,000.01 - 9,999,999.99	5,000.00 USD

Payment Information

Currency	USD
Buyer Premium	10% buyer's premium.
Payment Terms	Cash at closing.

Shipping / Pick Up

N/A

Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.