ONLINE ONLY REAL ESTATE AUCTION Wildwood Meadows: 40 Lot Residential Townhome Subdivision Rochester, MN
Details
Located at 37th Avenue SE & 20th Street SE.
Inspections
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Details
Bidding Ends August 26 at 4:00 pm CDT
40 Lots Total, 2 are SOLD, 38 Lots Remaining-Including 10 Improved Lots in the First Phase and a Proposed Second Phase of 28 Lots
Subdivision Sits on Approximately 20.09 Acres, with 16.48 Acres allocated for Future Expansion
Zoned Mixed Single-Family Extra Residential
Wildwood Meadows is a 20 acre community made up of 40 Townhome lots, located along Bear Creek in southeastern Rochester. Wildwood Meadows welcomed it's first townhomes in 2005 and has a scenic layout with woods, quiet cul-de-sac streets and city utilities. There is a Townhome Association that was established in 2004, but it is currently inactive. Easy access to Highways 52, 63 and 14, just minutes from downtown Rochester and nearby schools and shops.
The Grading Plan, Site Plan, Townhouse Association Declaration, and Title Policy paperwork available upon signing a non-reliance form.
| SITE DESCRIPTION | |
| Original Site Area: | 20.09 Acres |
| Wildwood Meadows Plat: | - 3.61 Acres |
| Unplatted Area: | 16.48 Acres |
| 20th Street Right-of-Way: | - .82 Acres |
| Floodway/Floodplain Area: | - 11.73 Acres |
| Phase 2 Developable Area: | 3.93 Acres |
Completed Townhomes Not Included in Sale.
View Wildwood Meadows in a larger map
INSPECTIONS:
Buyers are able to inspect at their convenience.
Maas Companies Staff will be on location:
Monday, August 11 • 12 pm to 1 pm
Monday, August 25 • 12 pm to 1 pm
Other times by Appointment.
Buyers without internet access can still bid, contact auction company for details.
Broker Participation is welcome but not required. A 2% commission will be paid to the licensed broker who at the time of registration, registers the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, or on behalf of any business entity in which he/she hold an interest, is not entitled to a commission.
Broker & Bidder will need to complete & return the Broker Participation form.
Location: Rochester is Minnesota’s 3rd largest city and is home to the famed Mayo Clinic, which is the state’s 2nd largest employer, outside of the government. The city has long been a fixture on Money Magazine’s Best Places to Live. Rochester is known for its’ top rated schools and offers an array of outdoor activities as well as a unique urban downtown area.
Schools: Near Pinewood Elementary, Franklin Elementary, Willow Creek Middle School, & Mayo High School.
All municipal services are installed to the existing lots and also to the future lots in phase 2.
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10% Buyer’s Premium. $20,000 Minimum Certified Deposit due within 48 hours of auction date. If the deposit is less than 20% of Purchase Price, an additional deposit is due bringing full deposit amount to 20% of the Total Purchase Price within 48 hours of the auction. Deposit money shall become Earnest Money and is non-refundable. Signed Sales Contract is due within 12 hours of the sale. Balance due at closing within 30 days. Attorney Courtney Strean, Stephenson, Sanford, Pierson & Thone, PLC, is overseeing the closing; Attorney Jim Ohly, Ohly Law (507) 289-4529, is closing agent. Buyer acknowledges that it has had the opportunity to review all Declarations and Association documents and has completed its own due deligence with regard to the Declarations and the status of the Association. Deposit money shall become Earnest Money and is non-refundable.
Real Estate selling Subject to Owner Confirmation. Real Estate is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. Subject to Prior Sale. See Bidder Kit for complete terms.
In all transactions, Auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company. Any announcement made at the auction takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision. Valid Government Issued Photo ID required to obtain bidding number.
Principle Auctioneer, Tyler Maas #55-145; Diane Maas, President.
Re: ONLINE ONLY REAL ESTATE AUCTION Wildwood Meadows: 40 Lot Residential Townhome Subdivision Rochester, MN
Located at 37th Avenue SE & 20th Street SE.
To Whom It May Concern: Pursuant to your request, please sign and date this release to receive documents relating to the above noted property. The Seller did not prepare these documents and has no knowledge of their accuracy or completeness. None of the documents shall constitute a representation or warranty of any kind by Seller as to the accuracy or completeness of any information delivered. Accordingly, Seller expressly disclaims any responsibility therefor, including any consequences of any reliance by anyone on them. Please note that the documents and the information contained therein are confidential, and by acknowledging receipt, you agree to keep such information confidential and that you shall not, without the prior written consent of Seller, share any of the documents with anyone other than Potential Buyer and representatives of Potential Buyer who need such information for the purpose of evaluating the premises and who are informed of the confidential nature of the information and also agree to be bound by the terms of this confidentiality provision. By this acknowledgement, you further agree that you will return to me the originals and any copies of the materials forthwith upon demand if the contemplated transaction is not consummated. Please do not hesitate to contact our office with any questions you may have.
