Milford MI REAL ESTATE Auction! 4 Bedroom Ranch on 2.66 Acres

REAL ESTATE AUCTION! 2311 W. Commerce Rd. Milford, Michigan 48380 Friday, OCTOBER 15, 2021 Open House #1: TBA Open House #2: TBA Auction: Friday, October 15, 2021 WELCOME HOME! We are honored to present to you this 1,936 sq. ft. ranch home nestled on 2.66 rolling acres in beautiful Milford, Michigan. This setting has an abundance of great uses for anyone looking for a piece of the country while being just moments away from all major local expressways, great shopping, and dining. And just a couple minutes away from the historic Village of Milford which has many popular shops, fine dining, parks, concerts, festivals, and much more. The home and the property have many desirable characteristics. One of the highlights is the spacious sun room which is the perfect setting for peace and relaxation. It's a great common area perfect for entertaining, reading, dining and simply enjoying your acreage and treeline from an elevated view. Just off the kitchen is a hot tub with a wooden privacy fence that connects with a rock garden and wooden deck. One of the great features of this property is the pole barn which is ideal for the hobbyist, mechanic or anyone that desires a creative space for tinkering and creating. There is also an attached fenced-in dog run which can also double as a small child play area. We'd have to call it a 'bonus' that this property is in the path of many colorful hot air balloons that frequent the area. You need to see this home in person and imagine the countless possibilities for your family. Legal Description: T2N, R7E, SEC 5 PART OF SE 1/4 BEG AT PT DIST N 796.85 FT FROM SE SEC COR, TH S 89-49-00 W 247.50 FT, TH N 528 FT, TH N 89-49-00 E 247.50 FT, TH S 528 FT TO BEG EXC N 60 FT TAKEN FOR COMMERCE RD 2.66 A2-21-95 FR 016 Public Impr.: Paved Road, Electric, Gas Topography: Rolling Neighborhood: RT1 E.C.F. Table RT1 School: 63220 HURON VALLEY SCHOOLS IT Only: POST Gov. Unit: L Township of Milford Prev. Taxable Status TAXABLE T Estimated TCV: Tentative Basement Walls: Block Basement Area: 388 Garage Area: 845 Ground Area: 1,936 Floor Area: 1,936 Full Baths: 1 Half Baths: 0 # of Bedrooms: 4 Electric - Amps Service: 200 Heating System: Forced Air w/ Ducts % Good (Physical): 60 Exterior: Alum., Vinyl Style: Ranch Class: C-5 Occupancy: Single-Family Year Built: 1955 # of Residential Buildings: 1 THE AUCTION PROCESS: FREQUENTLY ASKED QUESTIONS An auction allows the seller to eliminate virtually all long-term carrying costs, passing the savings directly to the purchaser in the form of a reduced price. The result is a win-win situation: sellers obtain immediate cash and buyers purchase properties at fair market value, the price determined by open, competitive bidding. WHY IS THIS PROPERTY BEING SOLD AT AUCTION? The auction method of selling this real estate is preferred by the family. They wish to expedite the sale of the real estate due in part to their out-of-town commitments. DO I NEED TO BE "PRE-QUALIFIED" TO BID? No. However, it is important that should you become a successful bidder that you will be able to satisfy the balance within 30-days after the auction. It is important to note that the sale of the home is sold without contingencies - including your ability to obtain financing. If you are unable to close within 30 days after the auction, you will forfeit your $25,000 earnest money deposit that you put down on auction day. The 240,00 price constitutes a suggested opening bid. The expectation of the bidders should be to compete for the property.