12 Acres of land off Mackinaw Road

Item Description

12 Acres of land off Mackinaw Road

4800 Makinaw Road Saginaw Township, MI

Great development opportunity in a great area! 12 Acres of land off on Mackinaw Road just south of McCarty Road.

Area:  The property is in a nice residential area, near the Saginaw Soccer Complex and Wescourt Retirement Community.  There's easy access in and around Saginaw via I-675/I-75 about 2.5 miles to the east.  I-75 south take you to the Detroit area and I-75 north takes you all the way to the Upper Peninsula!

Property Specs

2015 SEV (Typically Half of Market Value):  $64,300

Parcel #:   23-12-4-09-1002-000

Parcel Acres:  12

Property Class:   Residential

Frontage:   (See photo sketch)

Depth:   (See photo sketch)

Zoning Code:  R-3

2015 Summer Taxes:  $1,071.91

2015 Winter Taxes:  $359.54

School District:  73040

Legal Description:  A PART OF THE NE 1/4 LYING NELY OF C&O RR R/W COM AT THE NE COR OF SEC 9 TH S00DEG 24MIN 35 SECONDS ON E SEC LINE 2074.93 FT TH N53DEG 19MIN 43 SECONDS W 256 FT TO POB CONT N03DEG 29MIN 29SECONDS E 285.09FT THN71DEG 18MIN 34 SECONDS W 123.48 FT TH N53DEG 19MIN 43SECONDS W 63.63 FT TH N36DEG 40MIN 17SECONDS E 172.36 FT TH N00DEG 24MIN 35 SECONDS E 498 FT TH N89DEG 42MIN W 910.87 FT TH S26DEG 34MIN 46SECONDS E 122.42 FT TH S53DEG 19MIN 43SECONDS E 116.47 FT TH S36DEG 40MIN 17 SECONDS W 140 FT TH S53DEG 19MIN 43SECONDS E ALONG NELY SIDE OF C&O RR R/W TO POB ALSO OUTLOT A HAVEN HILLS SUBD 12.0 ACRES SEC 9 T12N R4E

 

**Final Bid Subject to Approval**

 

INSPECTION: Buyers shall rely entirely on their own information, judgment, and inspection of the property and records. Buyers can and should inspect prior to the auction. Acceptable inspection after the auction is not a contingency of your bidding so be sure you have inspected the property to your satisfaction prior to the auction. Biddergy LLC cannot provide inspection or access to the property after the auction until the closing.

CONDITIONS: All properties are sold “AS IS WHERE IS” with no warranties of any type expressed or implied as to the merchantability, usability, fitness for a particular purpose, or any matter of whatsoever type or nature. Potential buyers should inspect all properties before placing any bids. Any improvements which may need to be done will be the responsibility of the purchaser. All information advertised or stated was derived from sources believed to be correct but is not guaranteed. The Real Estate DOES NOT sell contingent upon financing, acceptable post-auction inspection, acceptable environmental reports, surveys, use requirements, other property sales and purchases, or any other matter whatsoever. The auction company retains the right to place bids on the behalf of any buyer, employee, principal, or seller. The Real Estate will be sold free and clear of all liens of record, unless otherwise stated.

DEPOSIT FOR REAL ESTATE: A deposit of ten percent (10%) of the purchase price or $5,000, whichever is greater, will be required of the successful bidders within 48 hours of the conclusion of the auction. A Biddergy representative will contact you if you are the high bidder to coordinate your deposit and BUY/SELL agreement signatures. Wire transfer, cash, cashiers check, personal or company checks are accepted for the deposit. This deposit is NOT refundable if you the buyer do not carry through with the purchase. Your bidding IS NOT conditional upon financing, so be sure you have arranged financing if needed and are capable of paying cash at the closing before you bid.

CLOSING: Buyer is responsible for typical closing costs to include title insurance if desired, title and title company fees. Seller will provide transfer cost and taxes and / or assesments will be paid prior to closing. Closing must take place within 30 days of auction ending.

TAXES: Property Taxes which are due on the property on or before the date of the auction will be paid by the Seller without proration. All property taxes due after the date of the auction will be the responsibility of the Buyer without proration. The Buyer will assume any dues or assessment balance which remains after the Seller pays for any dues or assessment installments which are due and payable on or before the date of the auction. High bid must equal an amount greater than taxes owed on the property plus any closing costs paid by seller.

DEED AND TITLE INSURANCE: Seller will provide at their cost, a deed to the property and an owners title insurance policy in the amount of the purchase price at closing.

BUYERS PREMIUM: A 10% buyers premium is in effect and will be added to the high bid.

BUYERS NOTE: If you are the successful bidder, you must sign all the purchase agreements and make your deposit on the property within 2 business days of the conclusion of the auction. Individual purchases are to be considered as singular transactions, not contingent on any other purchases of properties on the auction. The ability to obtain financing is NOT a contingency of the sale. Properties will be sold subject to the acceptance or rejection of the high bid by the seller(s) within 72 hours of the conclusion of the auction unless specifically stated that it is selling with No Minimums or Reserves. The auction will be conducted at the sole discretion of the auctioneer and any bids may be recognized at their discretion. Any exceptions to the above terms will be noted in the Additional Announcements information for each property. High bid is subject to bank approval.

AUCTIONEERS NOTE: All information was derived from sources believed to be correct, but is not guaranteed. Buyers should rely solely on their own investigation of the property and records prior to bidding on the property. Biddergy is not responsible for any printing errors or omissions of data.