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Voluntary Sale By Owner
WATERFRONT PROPERTY
To Be Sold In Absentia At Our
Seattle Area Auction Facility
SATURDAY - MAY 1 - 11:30 AM
18226-68th Avenue NE Kenmore, WA
Past Auction - held in 1999
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PROPERTY DESCRIPTION
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The property is located on the Key Peninsula at Vaughn, WA, just northwest
of Tacoma, WA. The home sits on 5.5 acres with 900' low bank waterfront on
Vaughn Bay. The main house is a colonial 2-story w/daylight basement. The
interior remains unfinished(completely framed) with 9859 sq. ft. and allows
up to 7 bedrooms/guestrooms, 6.5 baths, with plans for sauna, steam bath,
wine cellar, and theatre.
Also on the property is a 2 bedroom guest house with 1012 sq. ft, a 1 room
artist studio, gazebo, and other outbuildings.
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ZONING
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The property is zoned Rural 10.
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TERMS & CONDITIONS OF SALE
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- The property will be sold subject to a minimum starting bid of $675,000.
- A 10% buyers premium will be charged.
- Bidders must display a $20,000 cashiers check or certified check payable to
Commonwealth Title Insurance Company at time of registration.
- The winning bidder will be required to deliver to the auctioneer the
$20,000 cashiers check or certified check as earnest money deposit and
execute the Purchase & Sales Agreement immediately upon award of bid.
- Closing must occur within 45 days of the auction date. Final payment must
be made by assured funds.
- Property is sold on a cash basis.
- The James G. Murphy Company makes absolutely no warranties expressed or
implied or representations of any kind concerning the property, including
but not limited to the title or physical condition of the property.
- It is the responsibility of the buyer to inspect the property prior to the
sale and satisfy himself or herself as to its condition, value and fitness
for intended purpose.
- All real property is sold in "AS IS" condition with no warranties by seller
or auctioneer expressed or implied. The buyer is entitled to rely solely on
his or her own inspections and evaluations, and not on any representations
from seller or auctioneer.
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BROKER PARTICIPATION
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- A 1/3rd split commission will be paid by James G. Murphy Inc, the
auctioneer, to the licensed broker whose prospect pays for and settles the
property in this auction.
- To qualify for the commission, the licensed broker or salesperson must
register his/her client on company stationary and must attend the auction
and register to bid with the prospect. Registration letters must be
received at the James G. Murphy Company office by 5:00 pm, PDT, Friday,
April 30, 1999.
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PREVIEW & OPEN HOUSE
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- An appointment to preview the property can be made by calling the James G.
Murphy Company at 425-486-1246 or 1-800-426-3008.
- Open houses are scheduled for Saturday April 17 & Saturday, April 24, noon
to 4 pm each day.
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AUCTION INFORMATION
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The property is to be sold at 11:30 am, Saturday, May 1, 1999 "in absentia"
at our Seattle area auction facility, 18226 68th Avenue NE, Kenmore, WA.
The auction also features contractors equipment, heavy trucks, cars,
pickups, 4x4's, vans, tools, and RV's. A separate brochure featuring the
equipment & vehicles is available by calling the James G. Murphy Company,
425-486-1246 or toll free, 1-800-426-3008.
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LIVE INTERNET BIDDING!
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Home | About Us | Auction Schedule | Mailing List | Map | Past Auctions
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James G. Murphy Co.
Commercial / Industrial / Real Estate Auctioneers
P.O. Box 82160 - 18226 - 68th Ave. N.E.
Kenmore, Washington 98028
(425) 486-1246 or Toll Free 1-800-426-3008
Fax: (425) 483-8247
Oregon address & phone:
105 McNary Estates Dr. N
Keizer, OR 97303
phone: (503) 463-4444
fax: (503) 463-1554
Copyright©1997-2005 James G. Murphy Co.
All rights reserved worldwide
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