|Name||Trails Creek Subdivision Absolute RE Auction|
|Auctioneer||Bradeen Real Estate & Auctions|
|Type||Live Webcast Auction|
|Friday, May 13, 2016 at 10:00 a.m. MDT|
|Preview Date/Time||Property Inspection: Feel free to inspect at your leisure, lots are marked, maps available onsite OR contact listing brokers, Bradeen Auctions in Custer, SD at (605) 673-2629, Pinedale Properties at (307) 367-6683 OR your local real estate professional. Broker participation is encouraged, call Bradeen Auctions for details, form and deadline.|
|Checkout Date/Time||Friday, May 13, 2016 at the conclusion of the auction.|
|Location|| 155 S. Tyler Ave
Pinedale, WY 82941
|Buyer Premium||No Buyer's Premium Charged|
SUBLETTE COUNTY - PINEDALE, WYOMING ABSOLUTE REAL ESTATE AUCTION 68 PRIME RESIDIENTIAL BUILDING SITES - FOUR ON PINE CREEK - TRAILS CREEK SUBDIVISION FRIDAY, MAY 13, 2016 at 10:00 A.M. Auction held at the Sublette County Library Lovatt Room, 155 S. Tyler Ave. in Pinedale, WY Property Located: From West Pine Street (US Highway 191) take Jackson Avenue 6/10 mile north to Trails Creek Subdivision, in PINEDALE, WY. Selling at Absolute Public Auction, without minimum or reserve, will be all 68 remaining lots in the ever-popular Trails Creek Subdivision located in northwest Pinedale. This property features four breathtaking building sites on crystal clear Pine Creek, certainly suitable for the finest homes. Also selling 60+ fully developed building sites within the Trails Creek community, including paved streets, city park, all utilities, great views and much more. Located on the bike path and near schools and downtown, the location could not be better. These attractive sites will be offered individually and in groups, selling in the manner realizing the greater return. The four Pine Creek lots are without question, the finest quality, most exclusive building sites in all of Sublette County. Ranging in size from 1.8 to 2.8 acres, these exquisite properties feature crystal clear Pine Creek running full length as well as a nice balance of native grasses, wild flowers, foliage and mature timber. Certainly moose, deer, beaver and coyotes abound. . . as well as some of the best trout fishing in the country right on YOUR property. All this, within the city limits of Pinedale with paved street and all city services available. If the cost of Teton County real estate has you discouraged. . . consider Trails Creek at a fraction of the cost. The remaining, fully developed, level building sites with paved streets range in size from 8,500+/- sq. ft. to 29,000+/- sq. ft. and include public water/sewer, electric power, natural gas and telephone. Over a dozen families currently enjoy life in the Pine Creek community. Other features include more than two acres of open space, Community Park, direct access to paved bike/walk trail, mountain views and more. Covenants allow for a single family home on multiple lots if desired. Terms and Conditions: ABSOLUTE AUCTION! Selling to the highest bidder(s) without minimum or reserve bid. Offered in 68 individual lots and in 6 groups, selling in the manner realizing the greater return. Successful bidder(s) shall deposit 15% irrevocable earnest money auction day, with the balance due upon closing, on or before June 13, 2016. Sold without buyer contingency of any kind, have financial arrangements secured prior to bidding. Marketable title will be transferred by Warranty Deed, subject to easements, restrictions, covenants and reservations of record. A policy of Title Insurance will be furnished by the seller and is available prior to the auction for your inspection. Property is currently held debt/mortgage free. 2015 property taxes paid by Seller, 2016 taxes prorated to closing date, based upon the most recent levy. Sold by legal description only, however, survey markers have been set. Covenants are in place to protect the value of your investment. Descriptions and information are from sources deemed reliable, however, neither the Auctioneers/Brokers nor Seller are making any guarantees or warranties, actual or implied. Property sold "As-Is". Inspect the property to the extent deemed necessary, both on and off premise, and rely solely upon your own judgment when bidding. Announcements made at the auction take precedence over any printed materials or prior representations. Auctioneer's Note: The partnership that owns Trails Creek Subdivision are liquidating the partnership and have chosen the Absolute Auction method of marketing, giving all a fair opportunity to own all or part of this impressive residential community. The unspoiled natural beauty available in Trails Creek Subdivision is unmatched by any properties available in the area. The creek frontage lots are spectacular, the remaining sites are all "builder ready". Contractors, investors, or single lot buyers take notice. . . these prime lots will ABSOLUTELY sell without minimum or reserve, possibly, for less than you might expect. Inspect, have arrangements secured and be in attendance auction day. The timing could never be better to invest in prime Wyoming real estate! PINEDALE WYOMING, the county seat of Sublette County, with a population of 2000 +/- (10,000+/- in the county) offers so much. The area flourishes on tourism, oil and gas and ranching. The recreational opportunities are endless, with direct access to Bridger-Teton National Forest and the Wind River Range. With over 1300 lakes within the County, water sports are abundant. If year-round hunting, fishing and outdoor recreation interests you. . .look no further than Pinedale and the Trails Creek community. See details, map and photos on www.bradeenauction.com. Broker participation invited, call for details, form and deadline. Property Inspection: Feel free to inspect at your leisure, lots are marked, maps available onsite OR contact listing brokers, Bradeen Auctions in Custer, SD at (605) 673-2629, Pinedale Properties at (307) 367-6683 OR your local real estate professional. Broker participation is encouraged, call Bradeen Auctions for details, form and deadline. A credit card will be required for auction registration but your card will NOT be charged. We are requiring this registration verification to verify the identity of our bidders and to protect the integrity of our bidder's pool. Thank you for your cooperation. METHOD OF SALE The following procedure will be used today to determine the new owner(s) of the Trails Creek Subdivision property located in Sublette County WY. Please read the following procedure carefully, the Auctioneers - Brokers will answer any questions you may have prior to the opening bid. 1. To become a qualified bidder you must register and obtain a bidder's number. Property will be offered as follows: Please refer to the computer screen listing lot numbers, amount bid, bidder #, and "Hold"/"Sold columns throughout the course of the auction. All bids placed will be in US dollars PER LOT, multiplied by the number of lots chosen. 2. Seven separate auctions will essentially be conducted to complete the sale of the Trails Creek property as follows: Group1 "Creekside" consisting of 5 lots, Group 2 "Border Estates" with 10 lots, Group 3 "South Perimeter" with 8 lots, Group 4 "West Ditch" with 7 lots, Group 5 "East Ditch" with 6 lots, Group 6 "North Perimeter" with 13 lots, and Group 7 "Park Lots" with 19 lots. The entire property (68 lots) will NOT be offered together as a complete package at any time. The following method will be used first on Group 1 to determine the sale price and buyers(s) and then again on Groups 2-7 consecutively. 3. After opening statements and any questions the Auctioneer will ask for opening bids on high bidder's choice of individual Lots 1 through 83. All bids taken will be in US dollars PER LOT. As high bidder you may choose any individual lots or any combination of lots offered. Auctioneers will calculate the bid, place your bidder number, and note "Hold" in the appropriate columns. 4. Auctioneers will then ask for bids on any remaining lots in the same manner until a price has been established on all 68 individual lots. 5. After a price has been determined on each individual lot, bidding will focus on finalizing the sale of Group 1, "Creekside lots". The electronic board will show the 5 individual lot prices as well as a combined total amount bid. The entire Group 1 (combined), will then be offered at a price over and above this amount. Auctioneers reserve the right to set the minimum acceptable raise. The high bid on the entire Group 1 will then be calculated and posted. If no bidding occurs on the entire unit, Auctioneers will offer and SELL the 5 individual tracts in consecutive order, ALL BIDS WILL BE FINAL. 6. However, Group 1 will be offered in 5 individual lots and as an entire group until no further bids are received one way or the other. Multiple rounds of bidding may occur*. Once the property is offered, either individually or as a group, without establishing an overall amount greater than the current high bid, the property will not be offered in that manner again. Upon determining the manner of sale, either in individual lots or as an entire group, bidding will be opened briefly to establish the successful bidder(s). *Note: In the event that bidding occurs on the entire group, individual lot bidders will be given the opportunity to advance their own bids in an attempt to achieve an overall amount greater than the entire group bid. 7. Your competitive bidding, not the auctioneers, determine how many rounds will be held to determine the sale price and owners(s). 8. "Sold" will be noted on the screen next to the appropriate lot(s). All property will be sold to the highest bidder(s) without minimum or reserve bid! This method will be repeated in the same manner on Groups 2-7 consecutively, to complete the sale of all 68 lots.
|Bid Amount||Bid Increment|
|0.00 - 9,999,999.99||250.00 USD|
|Buyer Premium||No Buyer's Premium Charged|
Successful bidder(s) shall deposit 15% irrevocable earnest money auction day, with the balance due upon closing, on or before June 13, 2016. Sold without buyer contingency of any kind, have financial arrangements secured prior to bidding. Marketable title will be transferred by Warranty Deed, subject to easements, restrictions, covenants and reservations of record. A policy of Title Insurance will be furnished by the seller and is available prior to the auction for your inspection. Property is currently held debt/mortgage free. 2015 property taxes paid by Seller, 2016 taxes prorated to closing date, based upon the most recent levy.