REAL ESTATE AUCTION (ONLINE)

Bidding starts NOW and

RESCHEDULED 

to Close (end) at 8:00 PM

Thursday, March, 26th, 2020

485 Beachside Drive (17)

 Westerville, OH 43081

NOTE: A survey is now attached for your review. The survey defines buildable space for 458 Beachside Drive (vacant area) by showing easements and location of water and gas lines.  It also shows the footprint of the residence west of lot (being 487 Beachside Drive). 

Property sells with a $10,000 RESERVE (or minimum bid) 

GENERAL PROPERTY INFORMATION 

A unique home site and the last unbuilt parcel in Lakeside Forest Association; which offers a pool, a gazebo & decks (on the island in a pond adjacent to the lake) and tennis court with basketball hoop. This property is a reserve that allows the owner to build a ‘fee simple’ single family residence within the parcel area; with a minimum of 1,800 sq. ft. The actual buildable area is significantly less than lot size indicated on the Auditor’s website. Land outside the home’s foundation is common area.   A SURVEY is now posted now review. 

All details & restrictions are available in the Lakeside Forest Association's Community Handbook of Rules & Regulations (which also includes the Lakeside Forest Association’s Architectural and Design Resident Request and Approval Form) and attached hereto. Also, see the Lakeside Forest Homeowner Association's February 5, 2015 filing (Warranty Deed that includes detailed deed restrictions).   

FRANKLIN COUNTY 

Tax District: 080 City of Westerville

School District: 2514 – Westerville CSD (SD Income Tax)

Parcel Number: 080-008288-00

2019 Real Estate Taxes: $2,211.12 Per Year

Current Association Fee: $233.00 Per month

PRELIMINARY BID PACKET 

A 'PRE-BID PACKET' (with 'specimen ' purchase contract & relevant purchase documents) is now attached for your preview.   

AUCTION TERMS & CONDITIONS 

A)  The real estate sells ‘AS IS.’    

B)  Property sells with a $10,000 RESERVE (or minimum bid). 

C) Buyer acknowledges and understands that building of a fee simple residence on this site is subject to restrictions & conditions set forth in the Lakeside Forest Association's Architect and Design Resident Request and Approval Form (as contained in the Lakeside Forest Association Community Handbook of Rules & Regulations) and deed restrictions contained in the Warranty Deed contained in the February 5, 2015 filing with Franklin County Auditor; which Buyer acknowledges receiving when signing this contract.

D)  The successful bidder will be contacted the morning following the close of the auction for arrangements to obtain confirming signatures and the $3,000 earnest money deposit, payable by check (Paid to: AO Real Estate Trust Acct.) and buyer to proceed to close within (30) days of the auction..  

E) The Seller will furnish and pay for owner's title insurance, deed preparation, conveyance fees and proration of real estate taxes.    

E) A 10.0% Buyer’s Premium (or $1,500 minimum) is charged to the Buyer and collected at closing. 

BEING MARKETED & AUCTIONED BY: 

Chris Davis, Auctioneer/Realtor® 

AO Real Estate, Realtors® & Auction Ohio

6555 Busch Boulevard, Suite 250

Columbus, OH 43229

Office: (614) 846-3302

chris@auctionohio.com

Any questions or to see, contact:

Ray Dailey, Realtor® 

AO Real Estate, Realtors® & Auction Ohio

Off: (614) 846-3302 Cell: (614) 325-0064

ray@auctionohio.com