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- .20 Acre Lot in Upper Gwynedd Township, Pennsylvania (63475756)
.20 Acre Lot in Upper Gwynedd Township, Pennsylvania
Listing Number: 63475756 | Lansdale, PA US | North Penn Water Authority 10 Seller's Other Auctions
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_20 Acre Lot in Upper Gwynedd Township, Pennsylvania Online Government Auctions of Government Surplus _ Municibid.pdf
Auction Details
| Starting Bid: $2,000.00 | |
| Current Price: $20,301.00 | |
| Buy Now Price | $0.00 | Reserve Price Met Available for immediate purchase. |
| Buyer's Fee: 9.00% |
| Start Date | |
| End Date | [Extended] |
| Bid History | 83 Bid(s) |
| High Bidder | Vsanchez V******z |
| Page Views | 2546 |
Payment Details
Please see Item Description for payment details. Thank you!
Item Description
Up for auction is a .20 Acre lot located on Towamencin Avenue, Upper Gwynedd Township, Pennsylvania. This property is located between 717 and 723 Towamencin Avenue.
This lot is a former public water well which has since been abandoned per PA DEP guidelines. It has a brick well house, a utility pole, and a 20' water line utility easement on it. It is a non-conforming lot and does not meet setback requirements. You cannot build a home on this site. See the attached documents included with this bid listing.
By bidding, you agree to the following terms and conditions that are outlined below:
It is the buyer’s responsibility to verify the conditions of the items before bidding.
Terms of Sale: The seller, North Penn Water Authority, reserves the right to cancel any bids, end the auction early, or cancel the auction without notice for any reason. All sales are final, all items are sold as is, where is. It is the buyer’s responsibility to verify the condition of the item before bidding. At the conclusion of the bid, the winning bidder has 30 days to respond, schedule a closing date and complete the transaction, in accordance with the Agreement of Sale. If bidder is unresponsive, the listing will be offered to the second highest bidder.
Inspection / Auction Preview: Items can be previewed by appointment only. To set up an appointment to preview this item, contact Jon Hartzell at JHartzell@NPWA.org or (215) 855-3617 x139 .
Payment: We can only accept certified check, cashier’s check, or money order. We cannot accept credit card payments.
Transaction: The winning bidder will make an appointment to complete the transaction as soon as possible after winning the auction.
Additional information on this Auction
| Custom ID | L-9 | |
| Will Item results be voted on | No | |
| Will you ship this item | No. Pickup only. |
Questions/Answers Ask the seller a question about this auction.
You must be signed in to ask and answer questions.
Q: |
"Why are you not making it clear as day that this is a Junk lot, and not residential?" - Asked by #6373292 03/12/2024 01:57 PM |
A: |
From the item description. "It is a non-conforming lot and does not meet setback requirements. You cannot build a home on this site."
-Answered on 03/12/2024 03:16 PM |
Q: |
"if i decided to renovate the old building that is there .could it be used as a home:? is there water and swear at the street . if not could the building be used as a office for a company? " - Asked by #564048 03/13/2024 09:19 AM |
A: |
The building is not suitable for a use that requires occupancy. It cannot be used for that purpose.
-Answered on 03/13/2024 10:07 AM |
Q: |
"So, this is just an expense lot- insurance, taxes and maintenance?" - Asked by #6373292 03/13/2024 01:17 PM |
A: |
Yes.
-Answered on 03/13/2024 01:23 PM |
Q: |
"Can you tell me what the property taxes are each year on this property?
Can you also tell me an idea of what you pay to ensure the property for liability?" - Asked by #6373292 03/15/2024 08:06 PM |
A: |
We are a municipal authority so we do not pay taxes. We have umbrella liability for all of our properties so it would be difficult to break that out for this small property.
-Answered on 03/18/2024 07:25 AM |
Q: |
"What are the taxes projected to be on the property?" - Asked by #6373292 03/18/2024 09:32 AM |
A: |
The assessed value of the property is $8,920. Please contact the Upper Gwynedd Township Tax Collector who should be able to provide you with an estimate of the property tax.
-Answered on 03/18/2024 10:16 AM |
Item location This location is a general area based on the sellers zip code. It is not the specific address where the item is located.
Our Buyers Fees
With Municibid, pricing is clear, up-front and transparent. A buyer's fee (% of the winning bid amount) will be charged directly to the winning bidder upon the close of each auction via the credit card you entered prior to placing the bid. You pay the selling agency directly for the full cost of the item. (unless otherwise noted)
All Buyers fee's are aggregate unless otherwise noted. This means after you cross certain price thresholds you will pay a different buyers fee for the remaining amount. See below for an example.
Example:
If buyers fee is 8% for bids up to $99,999.99, 5% for bids $100,000 - $499,999.99, and 4% for bids over $500,000.
- Winning bid: $50,000: = Buyers fee: $4,000 (8% of $50,000).
- Winning bid: $150,000: = Buyers fee: $10,500 (8% of $100,000 = $8,000) + (5% of $50,000 = $2,500).
- Winning bid: $550,000: = Buyers fee: $30,000 (8% of $100,000 = $8,000) + 5% of $400,000 = $20,000) + (4% of $50,000 = $2,000).
Where can I see what the buyers fee is?
The current buyers fee will always be shown on the page of the listing under the current price in both the bid area and auction details area. You will also see the buyers fee amount you will pay for your entered bid on the page where you confirm your bid.
What if the selling agency rejects my bid?
If the government agency rejects your bid (they reserve the right to do so) your buyer's fee will be returned, in full, to you within 5 days of notification to Municibid of the rejected bid by the governing body.
Bidding Increments
Please Note: Bid increments automatically adjust based on the level of the current bid. The increments are as follows:
| If amount is greater than or equal to | The bid increment will be |
| $0.00 | $1.00 |
| $100.00 | $10.00 |
| $500.00 | $25.00 |
| $1000.00 | $50.00 |
| $2500.00 | $100.00 |
FAIR WARNING ALL SALES ARE FINAL. You are legally obligated to pay for your item per the terms of the seller if you are the high bidder at the close of auction. If you do not pay for your item, you will not receive a refund of your buyer's final sale fee, you will no longer be permitted to bid on municibid.com and will be subject to a penalty of 40% of the winning bid amount. If your credit card is declined for insufficient funds, you will be charged a $50 fee.