Live Webcast Auction
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Lot Was Passed
Shipping Not Available
Reserve Not Met
Date(s)
3/6/2023 - 3/21/2023
AUCTIONEER INFORMATION
Bidding Notice:

Cole Auction does not accept credit cards for real estate. 10% buyer premium due within 24 hours of completion of auction. Contact Todd Hess at 256-541-2964 for wiring instructions. Wiring fee waived for real estate purchases.


Information
Lot # 1
Group - Category Real Estate - Residential
Lead 1902 Parkhill Road Huntsville, AL 35801
Description
Simultaneous LIVE and ONLINE Auction held LIVE ON-SITE Tuesday, March 21, 2023 @ 6:00 PM Modern Contemporary to Make Your Own This unique modern contemporary home with 4 Car Garage is being offered with the opportunity to complete your own custom finishes. After repair value estimated at $1,362,000. Property features an elegant layout uniquely designed and constructed with steel beam and concrete/block. An open indoor/outdoor kitchen concept, covered patio, private master suite, therapy room, lower level den, walk in closets, multiple pantries, offices and storage rooms. 2019-2022 extensive foundation repairs, steel roof expansion, new windows, partial framing, electrical, plumbing updates, propane gas added including tank. Metal roof, stucco replacement, high end patio door and gas strut window. The house needs to be finished out, please see attached documents for a list of items that have been completed and secured bids for remaining items as well.
Name 1902 Parkhill Road Huntsville, AL 35801
Auctioneer
Type Live Webcast Auction
Date(s) 3/6/2023 - 3/21/2023
Auction Date/Time Info
03/21/2023 @ 6:00 PM CST
Preview Date/Time 03/21/2023 @ 5:00 PM CST
Checkout Date/Time Not appliable for real estate
Location
Buyer Premium Real Estate premium
Description
Simultaneous LIVE and ONLINE Auction held LIVE ON-SITE Tuesday, March 21, 2023 @ 6:00 PM Modern Contemporary to Make Your Own This unique modern contemporary home with 4 Car Garage is being offered with the opportunity to complete your own custom finishes. After repair value estimated at $1,362,000. Property features an elegant layout uniquely designed and constructed with steel beam and concrete/block. An open indoor/outdoor kitchen concept, covered patio, private master suite, therapy room, lower level den, walk in closets, multiple pantries, offices and storage rooms. 2019-2022 extensive foundation repairs, steel roof expansion, new windows, partial framing, electrical, plumbing updates, propane gas added including tank. Metal roof, stucco replacement, high end patio door and gas strut window. The house needs to be finished out, please see attached documents for a list of items that have been completed and secured bids for remaining items as well.
*Online bidders must contact W. Todd Hess at 256-541-2964 within a minimum of 24 hours prior to the auction to complete registration for bidding online. No exceptions! A bank Letter of Guarantee in the amount of 10% of the minimum bid price may be required to complete registration. *A 10% Buyers Premium to be added to the final bid to determine the contract price on the Real Estate. *All property is sold “AS IS, WHERE IS”. Cole Auction works strictly as an agent for the seller. *10% down day of the sale, balance to be paid in 30 days or less. *Property is selling subject to all restrictions, easements and rights-of-ways. *Seller to pay prorated taxes and provide clear deed and title. *Purchaser to pay all of their own closing costs. *All decisions of the Auctioneer are final in case of bidding disputes. *Seller reserves the right to deny or expel anyone who attempts to disrupt the sale. *Property is to be considered to be sold under reserve unless otherwise specified. Cole Auction does not disclose the reserve price prior to the live auction. *Seller reserves the right to accept a winning bid prior to the live auction. *Property maps, surveys, inspections,etc. are for reference and sale purposes only. Neither the Auction Company nor the seller guarantees any of the information given. *It is the responsibility of the buyer to verify all specifications and conditions of the property. *No warranties or guarantees are being made as to condition, age or value prior to sale date. *No contingencies shall apply to the sale of the property, including a buyer receiving financing. *Buyers & Sellers and/or their agents may bid at the live auction, online, or by phone. Employees of Cole Auction may bid on behalf of others up to and including online bids, phone bids, absentee bids, and prebids. *All information that is being given is believed to be correct and reliable but is not guaranteed by the Auction Company. *Announcements made day of the sale take precedence over any written material. *Court ordered auctions are subject to final approval by judge regardless of reserve price. *Cole Auction will pay outside brokerage 2% of net commission. Sales price minus concessions (i.e. expenses and/or commission reductions). Agents must register with Beau Cole at beaucole@msn.com prior to auction. NO EXCEPTIONS! Agents and/or their clients must participate in the live auction to qualify for the payment.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 1,000,000.00 2,500.00 USD
1,000,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Real Estate premium
Payment Terms
Cole Auction does not accept credit cards for real estate purchases. 10% Premium due within 24 hours after close of auction. Contact Todd Hess at 256-541-2964 for wiring instructions. Remaining balance due upon closing. $25 fee for wire transfers is waived for real estate purchases. Purchaser has 30 days to close, but time to close may be extended on a case-by-case basis. Purchaser pays their own closing costs, but has the right to choose the closing attorney or title agent.
Cole Auction does not ship real estate. :)
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.