Real Estate Foreclosure Auction - 8BR Shingled Summer Cottage

Real Estate Foreclosure Auction 24-77 - 8BR Shingled Summer Cottage - 3 Sandpiper Run - York Beach, York, Maine - Auction Date: Auction will be postponed to August 30, 2024 at 11AM - The above stated price is the tax assessed value and a place holder only. The lender reserves the right to bid at the auction. - Real Estate: Consists of a .36+/- acre parcel located in the York Beach Oceanside village and is only a 4 minute walk away from Long Sands beach. Improving the site is a 2.5-story shingled cottage (3,055+/-SF) built circa 1895. The cottage is currently undergoing renovations and the kitchen and 3-bathrooms have been removed along with much of the wall coverings. The home is designed for 8-bedrooms with 1 on the 1st level, 3 on the 2nd level, and 4 on the 3rd level, a living room, 2-family rooms, and a large screened porch. The third level has limited water views. The property is in the Residential 7 zone and has year round public water and sewer. There is a small triangular parcel known as 4 Sandpiper Run located across the street from the home that will convey with the property. Reference New Tax Map 130, Lots 379 & 382. - Buyer Broker Participation Available. Contact Auctioneer For Qualifications. - Directions: From the intersection of Old Post Rd. and Rt.1, follow Old Post Rd. 1 mile to Ridge Rd. on the left, follow 1 mile to Beacon Rd. on the right, follow .2 miles to Sandpiper on the right to the property on the right. - Terms: A $20,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to Demerle & Associates P.C. (deposited with the Auctioneer as a qualification to bid), with balance due and payable within 30 days from date of auction. The property will be sold by public auction subject to all outstanding municipal assessments. Conveyance of the property will be by release deed. Buyer will be responsible for an auction fee of 5% of the purchase price to be paid at the time of closing. All other terms will be announced at the public sale. For a Property Information Package contact the auctioneers office and request by auction #24-77. Our 52nd Year and 8,654th Auction.