SOLD
BID FROM ANYWHERE
IN THE WORLD
BIDDING CLOSES
TUESDAY, OCTOBER 27TH
@ 7 PM EST.
509 STATE ROUTE 49 - CLEVELAND, NY 13042
ONEIDA LAKE
Rare opportunity to own stunning waterfront on Upstate New York's beautiful Oneida Lake. This waterfront property slopes gently toward the sandy beach. Excellent landscape for your dream home or vacation property. Stunning and expansive views. The perfect property for outdoor activities and evening sunsets. The property is 3 acres providing plenty of setback distance to build the perfect home. Waterfront property with 1,000 feet of shoreline, private cove with sandy beach (sand approximately 300 feet out), enormous private backyard; perfect for entertaining, professionally landscaped, thousands of tulips planted over 10 years and multi-colored perennials that present a monthly rainbow of beauty. Home features include: 5 bedrooms, 4 bathrooms, 3 car garage, and 2,568 sq. ft. of living space. This awe inspiring lakefront Crown Jewel with breathtaking views and sensational sunsets could be yours.
HOUSE INTERIOR PHOTOS
PROPERTY DETAILS
TYPE OF PROPERTY: RESIDENTIAL, SINGLE FAMILY, YEAR ROUND LAKE HOUSE
AGE OF HOME: CIRCA 1880
LIVING AREA: 2,568
BEDROOMS: 5
BATHS: 4
FIREPLACES: 2
NUMBER OF FLOORS IN HOME: BASEMENT, 1ST FLOOR, 2ND FLOOR
FOUNDATION TYPE: STONE AND BLOCK
GARAGE SPACES: 3
NUMBER OF BUILDINGS ON PROPERTY: 1
LAND
LOT SIZE / ACREAGE: 3 ACRES OF LAND
LAKE FRONTAGE: 1,000 FEET OF LAKESHORE
UTILITES
WATER SOURCE: WELL, PUBLIC WATER IS AT THE ROAD
SEWER DISPOSAL: SEPTIC TANK
HEATING FUEL: OIL
HEATING SYSTEM: FURNACE - FORCED AIR
ELECTRIC SERVICE: CIRCUIT BREAKERS
LOCATION
ADDRESS: 509 ST RT 49
MUNICIPALITY: TOWN OF CONSTANTIA
SCHOOL DISTRICT: CENTRAL SQUARE
COUNTY: OWSEGO
ZIP CODE: 13042
LAKE: ONEIDA
CURRENT PROPERTY TAXES
SCHOOL TAX: $7,000
TOWN & COUNTY TAX: $5,771
TAX ASSESSMENT: $345,000
TAX MAP ID # : 312.10-02-01
GENERAL INFORMATION ABOUT THE BIDDING PROCESS
PROPERTY VIEWINGS & INSPECTIONS: THE PROPERTY IS AVAILABLE FOR SHOWINGS & INSPECTIONS BY APPOINTMENT ONLY.
HOW TO BID: THERE WILL BE NO PHYSICAL BIDDING ON-SITE AT THE PROPERTY. BIDDERS WILL NEED TO REGISTER PRIOR TO SUBMITTING BIDS. THE PROPERTY IS BEING SOLD PURSUANT TO AN AUCTION BIDDING PROCEDURE.
SUBMITTING BIDS: ALL BIDS MUST BE SUBMITTED TO: "MICHAEL DEROSA EXCHANGE, LLC"; EITHER THROUGH ITS ONLINE INTERNET BIDDING PORTAL OR IN STANDARD PURCHASE OFFER FORMAT SENT BY E-MAIL, FAX, OR HAND DELIVERY TO: MICHAEL DEROSA, PHONE: (315) 406-7355, FAX: (315) 685-7653, E-MAIL: MICHAELDEROSA@THEINTERNATIONALEXCHANGE.US
TRANSACTION CLOSING: THE TRANSACTION CLOSING REQUIREMENTS ARE TO BE OUTLINED IN THE PURCHASE CONTRACT.
PURCHASE & SALE CONTRACT: PROPERTY FINANCING, INSPECTIONS, & ATTORNEY REVIEW OF TITLE DOCUMENTS AND PURCHASE CONTRACT IS ALLOWED FOR BIDDERS.
BIDDERS DEPOSIT: DUE AT THE TIME OF PURCHASE CONTRACT/BID SUBMISSION. RETURNED TO BIDDER IF BID IS NOT ACCEPTED.
ONLINE BIDDING: ONLINE BIDDING IS A VERY SIMPLE PROCESS. IT'S CONVENIENT AND DISCRETE, ALLOWING BUYERS THAT VALUE THEIR PRIVACY TO BID FROM ANYWHERE IN THE WORLD RATHER THAN BIDDING IN PERSON AGAINST OTHER BIDDERS.
INTERNET BIDDERS: THE ACCEPTANCE OF ANY BID SHALL BE CONDITIONED UPON THE FOLLOWING SIGNING BY THE BIDDER AND SELLER OF A WRITTEN PURCHASE CONTRACT OF SALE,INCLUDING ALL REQUIRED ADDENDA AND SETTING FORTH TERMS AND CONDITIONS SATISFACTORY TO BOTH PARTIES.
ALL BIDS MUST BE SUBMITTED WITH THE FOLLOWING:
1.) A BIDDING DEPOSIT, IN THE AMOUNT OF 10% OF THE BUYERS BID PRICE, DUE AT THE TIME OF PURCHASE CONTRACT SUBMISSION, IN THE FORM OF A CHECK, TO BE MADE PAYABLE TO AND HELD BY MICHAEL DEROSA EXCHANGE, LLC UNTIL THE PURCHASE CONTRACT IS SIGNED BY SELLER, AT WHICH TIME IT SHALL BECOME PART OF THE PURCHASE PRICE AND SHALL BE DEPOSITED IN AN ESCROW ACCOUNT AT MANUFACTURERS & TRADERS TRUST CO. (M&T) BANK OR RETURNED TO BUYER IF THE PURCHASE CONTRACT IS NOT ACCEPTED.
2.) PROOF OF BIDDERS ABILITY TO PURCHASE BY PROVIDING A MORTGAGE LOAN PRE-APPROVAL LETTER, IF OBTAINING FINANCING
3.) VERIFICATION OF AVAILABLE FUNDS LETTER FROM BIDDERS FINANCIAL INSTITUTION, IF PAYING CASH.
BROKER DISCLOSURE REGARDING AGENCY REPRESENTATION RELATIONSHIP:
MICHAEL DEROSA OF MICHAEL DEROSA EXCHANGE, LLC IS AN AUCTIONEER AND LICENSED REAL ESTATE BROKER ACTING IN THE INTEREST OF THE SELLER AS A SELLER’S AGENT.