4 BR MOTHER/DAUGHTER

Auction by: Maltz Auctions

Bankruptcy Auction

Single Family Home with Current Mother/Daughter Permits (New Owner Must Re-Apply to Keep Mother Daughter Status)

Live Off-Site Auction

Began: Thursday, October 11, 2018 at 11:00 AM EDT

Location: Maltz Auction Gallery, 39 Windsor Place, Islandia, NY 11722

Details

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Bankruptcy Auction– United States Bankruptcy Court Eastern District of New York
In Re: Patricia Rose LaManna, Case No. 18-73782-REG

4 Bedroom Home – Mother/Daughter

 

Oversized-Lot – Bellmore School District #7

 

 

Description:

  • 107 Wilson Place, Bellmore, NY 11710
  • Single Family Home with Current Mother/Daughter Permits (New Owner Must Re-Apply to Keep Mother Daughter Status)
  • 4 Bedrooms 
  • 2 Baths
  • 6,400 Sq Ft Lot
  • 2,176 Sq Ft Living Space + Unfinished Basement
  • Built in 1923 – Second Floor Addition in 2005
  • 3 Blocks to LIRR Bellmore Station
  • Bellmore School District #7
  • First Floor:
  • 2 Bedrooms
  • 1 Full Bath
  • Living Room
  • Eat-In Kitchen
  • Family Room/Den
  • Second Floor:
  • 2 Bedrooms
  • 1 Full Bath
  • Living Room
  • Eat-In Kitchen
  • Cathedral Ceilings
  • Raised Deck
  • Electrical Sub-Panel
  • Basement:
  • Full & Unfinished Basement
  • Storage
  • Utility/Laundry Area
  • Additional Information:  
  • Section: 26;  Block: 277;  Lot: 38
  • Two Story Colonial
  • Detached 1-Car Garage
  • Patio
  • Shed
  • Separate Heat Systems (1 Meter):
    • Gas-Fired Forced Hot Air (1st Floor – Utilities in Basement)
    • Gas-Fired Hot Water (2nd Floor – Utilities in Attic)
    • Separate Gas-Fired Hot Water on Each Floor
  • 200 Amp Electrical Service (Sub-Panel on 2nd Floor)
  • Annual Real Estate Taxes (2018): $15,728.91 (without STAR)
  • Currently Occupied and Delivered Vacant at Closing 
  • $400,000 Opening Bid Received, Next Bid is $415,000

 

Inspection/Viewing: Mondays, October 1st and October 8th from 4:00 pm – 6:00 pm.

Auction Date & Time: Thursday, October 11, 2018 at 11:00 am.  Registration begins at 9:30 am.

Auction Location:  Auctioneer’s Gallery, 39 Windsor Place, Islandia, NY 11722.  Online & absentee bidding available with registration at least 48 hours prior to the auction, please call for details. 

Terms & Conditions of Sale: Property will be sold free & clear of all liens, claims, and encumbrances.  In order to register to bid, all prospective bidders must present a cashier’s check in the amount of $32,500 made payable to “Richard L. Stern, Esq., as Chapter 7 Trustee”.  Please download the complete Terms and Conditions of Sale.

Buyer’s Premium: A five (5%) percent Buyer’s Premium will be added to the Successful Bidder’s high bid to determine the contract price to be paid by the Successful Bidder.

Broker Participation: A one (1%) percent commission will be paid to any properly licensed Buyer Broker who registers a Successful Buyer in accordance with the Buyer Broker guidelines.  Please download the Broker Participation Form for details.

 

Richard L. Stern, Esq., Chapter 7 Trustee
Macco & Stern, LLP, Attorneys for the Chapter 7 Trustee
 Richard B. Maltz, Auctioneer DCA# 1240836
David A. Constantino, Auctioneer DCA# 1424944
 Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022  Fax (516) 349-0105

The Real Property is being sold “AS IS” “WHERE IS”“WITH ALL FAULTS”, without any representations, covenants, guarantees or warranties of any kind or nature, and free and clear of any liens, claims, or encumbrances of whatever kind or nature, with such liens, if any, to attach to the proceeds of sale in such order and priority as they existed immediately prior to the Closing, and the sale of the Real Property is subject to, among other things (a) any state of facts that an accurate survey may show; (b) any covenants, restrictions and easements of record; (c) any state of facts a physical inspection may show; (d) any building or zoning ordinances or other applicable municipal regulations and violations thereof; and (e) environmental conditions. By delivering their respective Deposits, all Bidders acknowledge that they have had the opportunity to review and inspect the Real Property, the state of title thereof and laws, rules and regulations applicable thereto, and will rely solely thereon and on their own independent investigations and inspections of the Real Property in making their bids. Neither Maltz, the Trustee, the Attorney for the Trustee nor any of their collective representatives makes any representations or warrantees with respect to the permissible uses of the Real Property including, but not limited to, the zoning of the Real Property.  All Bidders acknowledge that they have conducted their own due diligence in connection with the Real Property and are not relying on any information provided by Maltz, the Trustee, the Attorney for the Trustee, or their professionals.  The Real Property will be sold subject to any and all violations or conditions requiring corrective action.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third party sources and has not been independently verified.  It is the responsibility of the Buyer to determine the accuracy of all components of the sale and Property.  Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the Property, including without limitation, environmental and physical condition of the Property.  All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction.  Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.

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