Online Real Estate Auction

Online Real Estate Auction

Auction Online @ advancedauctions.hibid.com

Auction dates: start date and times 8:00a.m. January 6 – Ending date Monday January 13 ending time: 11:00a.m.
Auction address: 4815 S. Concord St. Davenport, IA 52802
Property shown by appointment only.
Online Auction Terms: A 10% buyers premium or $4,000.00 fee which ever is greater will be added to the final bid price. Buyers will be required to put down $10,000.00 by wire transfer  the next day. Buyers will enter into a purchase agreement the next day by electronic email. Closing in 30 days or sooner. Buyer will forfeit their earnest money and buyers premium if unable to perform at closing. the property is sold “As Is Where is condition”. It is the buyers responsibilty  to inspect the property prior to the auction. Building was built approximately late 60’s early 70’s.
Property:  sold subject to owner’s confirmation.
Building structure: cinder block and wood structure
Roof: asphalt shingles
Size: 2,783 sqft
Lot size: 1.25 acres
County: Scott County, IA
Parcel Number: 0000000003183914A
Taxes: 5,816.00
Flood zone: yes
utilities: city water; natural gas, septic.
A tract of real estate being part of the Northeast Quarter of the Southeast Quarter of section 18 in Township 77 North, Range 3 East of the 5th P.M., which tract is more particularly described as follows. Beginning in the Northeast corner of the Southwest Quarter of said Section 18; thence West on the quarter section line 589.3 feet; thence South parallel with the East line of said Section 18, 313.75 feet of th4e Northerly line of said County Road for a place beginning; thence North 54 degrees 26 minutes East along the Northerly line of said County Road 185.3 feet; thence Westerly along the meanders of said River to a point 589.3 feet due West of the East line of said Section 18; thence North parallel with the East line of said Section 18, 428 feet to the place of beginning. Except a strip of land 100 feet wide along the Northerly side of said tract deeded to Scott County, Iowa for road purposes.
Auctioneer note: This great property sits on the Mississippi River with a scenic view. You have your own boat landing and would be a great RV site. On the property there’s a gazebo along with a commercial building that once was a restaurant but was flooded last spring. This building would make a great party room, man cave or storage area.