BID FROM ANYWHERE
IN THE WORLD
719 Fassett Road, Elmira, NY 14905
The former estate of American fashion designer Tommy Hilfiger is located across from this stately brick Tudor. Built without regard to cost during the gilded age and possesses a beauty and refinement that is truly rare.
There are no historic alternatives to this home in its location. The quality of construction, style of architecture and historical significance contribute to its value in the same way that an artist, period and provenance influence the value of a work of art.
Many consider a dwelling of this kind an "architectural real estate antique". A few characteristics of this well-preserved, two-story brick Tudor style home include a slate roof, grand staircase, custom woodwork, intricate detailing, 2 fireplaces, and home elevator.
Elegance and distinction is apparent throughout. 5,294 Square Feet, 4 bedrooms, 5 bathrooms (3-Full, 2 Half), 2 car garage, .63 acres of land. Extensive improvements have been made by the current owners.
Located in the heart of the beautiful historic City of Elmira; near Corning, Ithaca, and Cornell University.
Type and Style of HOME: single FAMILY RESIDENTIAL / HISTORIC BRICK TUDOR
Age of Home: built CIRCA 1926
SIZE OF HOME: 5,924 SQUARE FEET
Bathrooms: 5 (3-FULL, 2-HALF)
Number of Stories in home: basement, 1ST FLOOR, 2ND FLOOR, ATTIC
HOME ELEVATOR: YES
GARAGE SPACES: 2
Number of Buildings on PROPERTY: 1
Lot Size / Acreage: .63 Acres of Land
Foundation TYPE: CONCRETE BASEMENT
Electricity: public UTILTIES
Heating: Natural GAs heating fuel / Hot Water Heating Radiators
Municipality: CITY OF ELMIRA
School District: ELMIRA
Zip Code: 14905
REASON FOR SALE: SELLERS EMPLOYMENT RELOCATION
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 a sealed-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 SUBSEQUENT EXECUTION 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.
MINIMUM BID / RESERVE PRICE –N/A: Seller shall have sole and absolute discretion to accept or reject any bids received.
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.