Attention Lake Village Home Buyers & Real Estate Investors: Lakefront Real Estate For Sale!
ONLINE BIDDING ONLY
Ended: 12/16/19 at 12:00 PM CDT
PRICED TO SELL AT $85,000
Featuring a historic 3,338+/- SF Lakefront brick home situated on .45+/- Acres on the banks of Lake Chicot. The home was originally built in 1930 with several additions added through the years. Located on the corner of S. Lakeshore Dr. and Hawkins Dr. in Lake Village, AR. The home features 3 beds, 3 baths, an open floor plan, formal dining room, day room, large living room and an eat in kitchen. The home includes large living areas that would be great for entertaining, 2 wood burning fireplaces and office space. Exterior features include a beautifully landscaped courtyard, large mature trees, a fountain, concrete patio space, pool, pump house and his & her outdoor bathrooms. The home includes a 2-car garage and a brick perimeter wall surrounding the courtyard and pool. The home is equipped with municipal water, gas, electric & central heat & air.
AGENTS DISCLOSURE: This home is in need some repair and could use some updating. The pool and outdoor bathrooms are not operational and have not been maintained in several years. Additionally, the roof is in need of repair and there has been some water damage due to leaks. The Schwartz Family has decided to sell the home in “as is” condition instead of performing the repairs.
Terms
TERMS & CONDITIONS
Upon the Sellers acceptance of the highest offer, the successful purchaser will be required to make an earnest money down payment in the amount of 20% of the contract purchase price. The balance is due in approximately 30 days at closing. Purchaser will receive a General Warranty Deed at closing. Additionally, Seller will provide the purchaser an Owners Title Insurance Policy at closing. Buyer & Seller will each pay their respective portion of the closing cost & taxes will be prorated to the date of closing.
Agents Disclosure: This home is in need some repair and could use some updating. The pool and outdoor bathrooms are not operational and have not been maintained in several years. Additionally, the roof is in need of repair and there has been some water damage due to leaks. The Schwartz Family has decided to sell the home in “as is” condition instead of performing the repairs.
Property Condition: This property is being sold “AS IS”
Property Location: 1704 S. Lakeshore Dr. Lake Village, AR 71653
Payment Instructions: Winning bidder will be required to put 20% of the contract purchase price immediately following the auction in form of a cashier’s check made out to Southeast Arkansas Title and Escro Company Inc, Located at 251 Main Street, Lake Village, AR 71653. PHONE: (870)265-9799. The balance will be due in approximately 30 days at closing. Buyer & Seller will each pay their respective portion of the closing cost & taxes will be prorated to the date of closing.
