Online Only Auction
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Date(s)
9/8/2020 - 10/22/2020
AUCTIONEER INFORMATION
Bidding Notice:

Pre-qualified buyers and bidding requirements apply. Bank letter confirming sufficient funds to close the transaction is required. Pre-qualified buyers may preview this property on Saturday, October 10, 2020; from 10 - 11:30 a.m. with scheduled appointment and time. Bank letter must be on file prior to any showings.

Auction Notice:

All auction terms and conditions apply and become part of any offer. 8% buyers fee sale-high bid is sale price with the 8% buyers fee added as a buyers expense. Buyers fee waived for Buy Now option.


Information
Lot # 1
Group - Category Real Estate - Residential
Lead 62 acre Stunning Private Personal Resort Property
Description
W4623 Spruce Drive, Watertown, WI 53094 Town of Farmington, Jefferson County, WI Johnson Creek, WI School District Tax parcels 008-0715-0612-000, 008-0715-0611-001 62.64 total acres Stunning Private Personal Resort Property Offered Online Participate in the online sale or the buy now option. Details follow. Seize the opportunity to make this amazing property your very own personal resort. Social distancing is no issue with the dead-end road private location, 4-bedroom home featuring high end amenities including 6 panel doors throughout, awesome hunting; fish and swim in your private pond; enjoy nearby bike trails; 1,000’s of owner planted now mature trees, so much more. A beautiful, well-kept property displays pride of ownership everywhere you look. This one is more than a “drive-by”, you need to see it to appreciate everything this home and property presents. The wrap around composite deck overlooks the yard and gives you a spectacular view of the private pond and surrounding Mother Nature. Bid online now until Thursday, October 22, 2020 when the bidding will end at 2:00 p.m. (CT). Participate in the online sale or the buy now option for a price of $950,000. All auction Terms and Conditions apply to all offers. Buyer’s fee is waived with the buy now option. Online bidding starting bid is $500,000 with $20,000 bid increments. All online bidding will be at jonesauctionservice.hibid.com Online bidding is an 8% Buyers Fee sale. High bid is the sale price and the added 8% Buyers Fee is an expense to the buyer. $25,000 earnest money must accompany Offer to Purchase, online sale or buy now option. Closing 30 – 45 days from end of sale or accepted offer to purchase. Seller retains the right to accept, reject or counter offers. Please read the complete Auction Terms and Conditions found at this website. All Auction Terms and Conditions apply and become part of any offer-auction or buy now option. Pre-qualified buyers only and bidding requirements apply. A letter from your bank or financial institution confirming sufficient funds to close the transaction must be on file at our Jones Auction & Realty Service, LLC office prior to any scheduled showings or online bidding permission. This letter must include the bid permission amount you are asking. Upon receipt you will be approved for online bidding up to and including the dollar amount on your bank letter. Amazing opportunities like this are rare. A total of 62.64 acres, private dead-end location with a close proximity to the Johnson Creek, WI Outlet Mall, the I-94 corridor and Highway 26. 20 acres (more or less) will have a great potential for future commercial Highway 26 development without losing the privacy of the remaining property. There is some cropland leased by a local farm for numerous years providing income. Approximately 44 tillable acres, 15 acres wooded, pond is on approximately one-half acre. Multiple tax parcels The west side of the property is bordered by the railroad track A “Dream Home” this home welcomes you with the comfortable feel of being home while enjoying all the natural light from numerous patio doors overlooking the property,and is the perfect home for entertaining. The main floor boasts a front room located off of the kitchen with a bay window facing the north; A food lover’s kitchen with oak cupboards, island with sink, built-in dishwasher, breakfast nook seating and upper deck with a grilling area off the kitchen set-up for an enclosed screened area with steps to the lower patio The dining/dinette area has two patio doors opening to the upper deck Moving into the living room you see the impressive fieldstone fireplace and patio doors opening to the upper deck overlooking the private pond The main floor Master Bedroom presents a walk-in closet, ceiling fan, carpeting, Master Bath with hardwood floor, and patio door opening to the deck. Bedroom two has a skylight and hardwood floor while bedroom three has a ceiling fan and hardwood floor. The remodeled main level full bath includes the laundry facility. New flooring in the bath, front room, kitchen and dining area. The lower level is an entertainer’s dream. Full bar room, carpeted with patio doors opening to the patio Carpeted recreation and exercise rooms Carpeted bedroom with walkout to the lower patio Bath with tile floor Furnace room (2 furnaces) Non-municipal well and septic Newer septic Private well Included in the sale is a 18.6 x 50 shop/workshop 42 x 24 older shed with newer roof and concrete floor 27 x 14.6 older shed with part gravel and part concrete floor 1 car attached garage, driveway and concrete drive Room Dimensions: Main Floor: Front Room: 20.7 x 11.4 with ceiling fan and new floor Full Bath: 10.2 x 8.3 remodeled with tub, new floor and laundry facility Kitchen: 13.6 x 16.9 with new floor and upper deck with grilling area Living Room: 27 x 16.8 with firestone fireplace and patio doors overlooking the private pond Dining Area/Dinette: 19.8 x 16.6 with new floor, patio doors opening to upper deck Wood ceilings in the dining area and living room Master Bedroom: 21.6 x 13.6 with walk-in closet, carpeting, patio door to deck and 10 x 9.8 Master Bath with hardwood floor Additional Bedrooms: 11.10 x 9.5 bedroom with skylight and hardwood floor 10.3 x 9.3 bedroom with ceiling fan and hardwood floor Lower Level: Full Entertainment/Bar Room: 25.6 x 16 carpeted and patio doors opening to the lower patio Recreation Room: 25.6 x 18 carpeted Exercise Room: 12 x 15 carpeted Guest Bedroom: 12.6 x 14.9, carpeted and walkout to the lower patio Guest Bath: 8.10 x 4.11 with tile floor Furnace Room: 9 x 9 Included: All appliances, ceiling fans, window treatments, water softener, iron filter, garage door opener, work bench in shop L.P. tank is leased Property sells As Is, Where Is, No Contingencies or Exceptions per the auction Terms and Conditions. Seller retains the right to accept, reject or counter any offers. Well, water, septic tests and home inspection have already been completed and are available by request. Agent/Broker Participation welcome with completed and returned form found at this website. This form must be returned at least 48 hours prior to the close of the sale to be eligible. Contact listing broker, Stan Jones, (920) 261-6820 for more information and schedule your private showing today. Participate in the online sale or Buy Now option available.
Name Private Personal Resort Property Offered Online
Auctioneer
Type Online-Only Auction
Date(s) 9/8/2020 - 10/22/2020
Auction Date/Time Info
Bid now until Thursday, October 22, 2020 when bidding closes at 2:00 p.m. (CT). Buy Now option is also offered.
Preview Date/Time Pre-qualified buyers may preview this property on Saturday, October 10, 2020 from 10 - 11:30 a.m. with scheduled appointment and bank letter of funds. Contact us at (920) 261-6820 to schedule your time.
Checkout Date/Time Closing 30-45 days from end of sale or accepted offer to purchase.
Location
Buyer Premium 8% Buyers Fee
Description
Seize the opportunity to make this amazing property your very own personal resort and social distancing retreat. 62 (more of less) acres, 4 bedroom high end home, private pond and much more gives you the chance to move away from crowded city dwelling to peaceful, safer rural living. Pre-qualified buyers may preview this property on Saturday, October 10, 2020 from 10:00 - 11:30 a.m. with scheduled appointment and bank letter of funds.
This is an 8% Buyers Fee sale. The sale price is the high bid and the 8% buyer’s fee is an expense to the buyer. Earnest money of $25,000 must accompany the Offer to Purchase. Property sells As Is, Where Is, No Contingencies, No Exceptions. All auction terms and conditions apply and become part of any offer. Closing within 30-45 days from the end of the sale. Seller retains the right to accept, reject or counter any offer. Well, water, septic tests have already been completed and home inspection has been completed. ALL AUCTION TERMS & CONDITIONS Apply and Become Part of Any Offer Bidding Requirements Apply: A letter from your bank or financial institution confirming you have sufficient funds available to close the deal is required to be on file at our Jones Auction & Realty Service, LLC office, 818 North Church St, Watertown, WI, prior to being approved to bid. Your bank letter must include the dollar amount of the bid permission you are requesting. Upon receipt at our office you will be given bid permissions up and including the amount on your bank letter. ***Please be informed bids placed for any amount over your requested bid permission will remain “Pending” until a second letter or a direct phone call from your bank/banker confirming an updated amount is received at our office.*** Your letter may be faxed to (920) 261-6830; emailed to info@jonesauctionservice.com; or mailed or dropped off at our 818 North Church Street, Watertown, WI office during normal business hours 9-5, Monday-Friday. Please do not hesitate to call us with questions; (920) 261-6820 1. Online Bidding opens Tuesday, September 08, 2020 closing Thursday, October 22, 2020 @ 2:00 p.m. (CT) Approval to bid at this real estate sale is subject to Jones Auction & Realty Service, LLC receiving a letter from your bank or financial institution confirming you have sufficient funds available to close the transaction per the Bidding Requirements listed above. Confirmation may be faxed to (920) 261-6830 or emailed to info@jonesauctionservice.com This property sells As Is, Where Is, No Contingencies or Exceptions. All auction terms and conditions apply and become part of any offer. 2. This is an 8% Buyers Fee sale. The sale price is the high bid and the 8% buyer’s fee is an expense to the buyer. Earnest money of $25,000 must accompany the Offer to Purchase. Upon accepted offer, all earnest money becomes non-refundable. Property sells As Is, Where Is, No Contingencies or Exceptions. Closing 30-45 days from the end of the sale. 3. Winning bidder is contractually bound and will enter into a Contract to Purchase immediately upon being declared the accepted bidder by the auctioneer. Upon accepted bid the winning bidder will be forwarded via email a Contract to Purchase. A signed copy of the contract along with earnest money due must be sent to Jones Auction & Realty Service, LLC by end of business or 5:00 P.M. (CT), Thursday, October 22, 2020. Contract to Purchase may be hand delivered, faxed, or scanned and emailed. In the event the buyer refuses to sign the Contract to Purchase and tender the earnest money deposit the auctioneer may resell the property. The original buyer shall be responsible for any damages and expenses for resale and collection, including reasonable attorney’s fees. The only condition under which the earnest money and prepaid closing shall be refunded is if the seller fails to confirm or accept the bid or is unable to deliver clear title. If buyer refuses for any reason to close, the earnest money and prepaid fees will be forfeited. All earnest money, less incurred expenses, will be given to the seller. Upon acceptance of Contract to Purchase by both parties, earnest money becomes non-refundable. 4. Bidding is not contingent on financing. Qualification for financing must be approved prior to approval for bidding and prior to the sale. You are responsible for cash at closing within 30-45 days of the end of the sale. Possession shall be given at closing. 5. The sale will be subject to existing zoning, ordinances, roads, restrictions of record and easements of record. Real Estate taxes for the year of closing will be prorated to the date of closing. Seller will provide and arrange for all title evidence. All contracts will be prepared by the listing broker to be entered into the date of the sale. Seller will deliver clear merchantable title. Any zoning or use permits, if needed, will be at the buyer’s expense. 6. Jones Auction & Realty Service, LLC has been contracted as an agent of the seller to offer this property As Is, Where Is with no warranties to buildings, wells or septic systems. Requirements to meet DILHRs energy code are the responsibility of the buyer. 7. This information is from sources deemed reliable but no warranty or representation is made to its accuracy. Any information on this sale is subject to verification and no liability for errors, omissions or changes are assumed by Jones Auction & Realty Service, LLC as an agent of the seller or the seller. 8. Under no circumstances shall bidder have any kind of claim against Jones Auction & Realty Service, LLC as an agent of the seller, seller, the online bidding platform, or anyone else if the internet service fails to work correctly, any computer interruptions, bidders failure to refresh your browser or use the Live Catalog option as the lot closes. 9. This property sells As Is, Where Is condition without warranty of any kind, expressed or implied, No Exceptions Whatsoever. Buyers should verify all information to their satisfaction. Make all inspections and financing arrangements prior to the end of bidding. Buyer acknowledges and agrees that Seller has not made and is not making any representation statement, or warranty to Buyer about the Property, including, but not limited to, physical aspects and condition of any portion of the Property, including personal property included in this transaction, if any, condition of soil, feasibility, desirability, suitability, fitness or adaptability of any part of Property, including personal property included in this transaction, if any, for any particular use, availability of any utility service, assessments, fees or charges that may be assessed against the Property, value of Property or projected income and expenses, or any other matter. Buyer is purchasing Property in an As Is and Where Is condition and acknowledges that Buyer must rely solely on Buyers own investigation of Property. All prior negotiations and discussions have been merged into this Offer to Purchase. Buyer acknowledges and agrees that Buyer has not and will not rely on any representation or statement made by Seller and waives any and all claims against Seller or its agents for any misrepresentation, negligence, fraudulent advertising under section 100.18 of the Wisconsin Statutes, or breach of warranty. 10. All buyers must acknowledge and accept the Terms and Conditions provided at the time of online registration. Bank Letter of Guarantee/Validation of Funds required for bidding approval. 11. Buyer acknowledges that Seller has given Buyer adequate time and opportunity to inspect the Property and Buyer has either already exercised this opportunity to inspect to the extent that Buyer deems appropriate or knowingly agreed to waive such opportunity. 12. All information contained on any website description or any published advertising is believed to be true and correct to the best of our knowledge and ability but IS NOT GUARANTEED. Please contact us at (920) 261-6820 prior to bidding with questions. 13. Broker Participation is welcome. Participating brokers/agents must complete and return the required Broker/Agent Participation form found at www.jonesauctionservice.hibid.com Completed form may be faxed to (920) 261-6830 or emailed to: info@jonesauctionservice.com. Jones Auction & Realty Service, LLC must receive the completed form at least 48 hours prior to the close of the auction for the participating broker/agent to be eligible to receive a commission. No commission will be paid if the bidder fails to close. There can be no exceptions to this procedure. 14. Auctioneer is licensed by the Wisconsin Department of Licensing & Regulation. 15. This property is offered for sale to qualified purchasers without regard to perspective purchasers race, color, sex, marital status, religion or national origin.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 680,000.00 20,000.00 USD
680,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 8% Buyers Fee
Payment Terms
Winning bidder is contractually bound and will enter into a Contract to Purchase immediately upon being declared the accepted bid by the auctioneer. Upon the close of the sale the winning bidder will be forwarded a Contract to Purchase via email or fax. The signed copy along with the earnest money of $25,000 must be returned to Jones Auction & Realty Service, LLC before end of business or 5:00 P.M. (CT), Monday, October 05, 2020. The Contract to Purchase may be hand delivered, faxed, or scanned and emailed and earnest money of $25,000 must accompany the Offer to Purchase. Earnest money may be paid with a credit card, we accept Visa and MasterCard with a 3% transaction fee added; wire transfer with a $20 processing fee; or cashiers check if paying in person. Bidding is not contingent upon financing. All financing arrangements must be made prior to the end of the bidding. Upon accepted offer all earnest money becomes nonrefundable.
Closing 30-45 days from end of sale or accepted offer with buy now option
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.