Real Estate Auction - By Court Order
114 Parkside Drive, Lake Placid, Essex County, NY 12946.
Now Open for Bidding!

Auction Date: Auction will open for bidding Monday, January 11th at 10AM to registered bidders. Auction bidding ends January 13 starting at 1:01PM.

Sells @ or Above $210,000!

Important Bidding Information
Click here for Property Information Packet
Click here for Internet Bidding Packet

Auction Info
Real Estate Auction - By Court Order
114 Parkside Drive, Lake Placid, Essex County, NY 12946.
Now Open for Bidding!

Auction Date: Auction will open for bidding Monday, January 11th at 10AM to registered bidders. Auction bidding ends January 13 starting at 1:01PM.

Sells @ or Above $210,000!

Important Bidding Information
Click here for Property Information Packet
Click here for Internet Bidding Packet


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High Bid:
$252,000.00 – dr3mr

Auction Type: One Lot
Quantity: 1

Bidding has closed on this lot

Current Bid: $252,000

Closed

More Details

More Info / Bid Track Item

Sells @ or Above $210,000!
Multi-family house in Village of Lake Placid
114 Parkside Dr., Village of Lake Placid,
Essex County, NY 1
2946
 Click here for: Internet Bidding Packet
Property Information Packet

Total assessed value $274,600
Recent appraisal of home valued at $260,000

Now sells at or above $210,000!

Property Description:
Great Investment Opportunity! Ideal Village location and just a one minute walk to beach at Mirror Lake. Lake Placid is a vibrant village in the High Peaks District of the Adirondack Mountains and home of the 1980 and 1932 winter Olympics filled with activities all year round. The area is convenient to shopping, restaurants, public transportation, recreation and travel routes. Potential for B&B.

To be sold by Court Order. 7 bedrooms and 4 baths. Currently set up at 3 apartments and 3 dormitory style rooms with possible set up of 4th apartment. Driveway with space to park 4 vehicles. Fenced yard with off-street parking and storage shed. 3,477 sq ft on 0.10 +/- acres. Unit 1: 2bd/1bath 746 sq ft, Unit 2: 2bd/1bath 740 sq ft, Unit 3: 1bd/1bath 548 sq ft and Unit 4: 2bd/2bath 913 sq ft. 530 sq ft of common entry, hall and laundry. Mechanics include oil heat. Sewer system. ID# 154001 S-B-L 42.207-6-3.000

Total combined taxes: $4,677 (agents please verify)
Lake Placid School District

Opportunity like this rarely comes to market. Act now! 10% Buyer’s Premium.
PRE-VIEW: Sunday, January 10 @ 1PM. Contact Listing Agent,
Philip Gableman 845-377-5063

Online Auction Ending
Wednesday, January 13 @ 1:01PM
Bidding Opens Monday, January 11 @ 10AM
(Bidders must be fully registered & approved by office)

Property to be sold with Insurable Title – Free of Adverse Liens or Encumbrances at closing.
Ready, Get Set, BID! To prepare for the online only auction view photos online, review Property Information (see link above), line up financing and view parcel.

It's Easy to Bid!
1) Get a Username & Password at AARbids.com
2) Register for the Online Only Auction
3) Complete Internet Bidding Packet and you can participate.

ANNOTATED TERMS OF AUCTION: We have been contracted to sell this property at Public Auction. Get a Username & Password at AARbids.com, register for the Online-only Auction and bring/mail our ‘Internet Bidding Packet’ containing the ‘Terms and Conditions’ and a $5,000 Guaranteed Funds/Bank check payable to: Absolute Auctions & Realty, Inc. Mail to: AAR, POB 1739, Pleasant Valley, NY 12569 – no exceptions, and you can participate. Complete your due diligence prior to bidding. If successful, an electronic “Contract for Purchase and Sale NY Real Estate” will be sent to you, sign contract, return and close transaction on or before March 14, 2016. Time is of the essence. Deposit will be refunded to unsuccessful bidders. Title & Liens: Property is sold with insurable title, free and clear of adverse liens or encumbrances at closing. Broker Participation: Call for details.

Remember, the auction is the only game
where you need to come in last to win!

 


AUCTIONEER'S NOTE:

The silent auction website has a “dynamic ending” feature; if someone “sniper bids” on a lot at the scheduled end of the auction, the system will extend the clock  two minutes to give everyone time to bid again. Get in on the fun! Auctions are the best way to buy good quality items “cheaper than new.”


It ain’t over til it’s over – Auctions are the only game in which
you have to come in last to win! Remember to frequently refresh your screen to see if you have been outbid!!

 


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