MUNICIPAL TAX & REAL ESTATE AUCTION McCulloch Building 182 Green Street North Weymouth, MA 02191. Tuesday April 10 th, 10am PROPERTY INFORMATION PACKAGE Subject Address: 77 LAKESHORE DR., WEYMOUTH MA Asset Type -----------------------------------------------------------------------Tax Title Description ---------------------------------------------------------------- Single Family Lot Size -------------------------------------------------------------------------------4,800 Parcel ID ---------------------------------------------------------------------- 26-339-010 Minimum Opening Bid --------------------------------------------------- $14,877.94 Principal (for interest calculation) --------------------------------------- $10,753.94 Interest -------------------------------------------------------------------------- $4,124.00 Per diem interest --------------------------------------------------------------------$4.72 Assessed Value --------------------------------------------------------------- $171,500 Closing / Settlement ------------------------------------------------------------14 days Buyer s Premium ------------------------------------------------------------------- None 877-426-8175 22 River St. Suite 13 Braintree MA 02184 www.strategicauctionalliance.com info@sabids.com
TABLE OF CONTENTS Transmittal letter -------------------------------------------------------------------------------------------- 3 Disclaimer ----------------------------------------------------------------------------------------------------- 4 Aerial Map & Legend ------------------------------------------------------------------------------------ 5, 6 Property Record Card ----------------------------------------------------------------------------------- 7, 8 877-426-8175 22 River St. Suite 13 Braintree MA 02184 www.strategicauctionalliance.com info@sabids.com
REAL ESTATE & TAX AUCTION SALE TRANSMITTAL LETTER Auction Date April 10th, 2012 Dear Prospective Buyer: The Strategic Auction Alliance is pleased to present this offering of real estate for marketing at auction on Tuesday April 10th 2012 at the Weymouth McCulloch Building at 10 am. All interested parties are invited to download or request by fax a property information package, (also known as a PIP ) that outlines the characteristics, configuration, improvements and location of the subject asset: 77 LAKESHORE DR. After reviewing the data relating to this or any other asset offered in this auction event, you as a potential buyer wish to participate in the auction bidding process please download or request a BIDDER S PACKAGE containing specific registration instructions, deposit requirements and terms for this auction and applicable sample transaction documents i.e.: Instrument Of Assignment, (State tax form 431) and The Purchaser s Statement Pursuant to Ch 60 47. We at Strategic Auction Alliance are pleased to furnish you the following information for you convenience so that you might proceed with confidence to purchase Municipal Tax assets at our auction sale. Please note that Tax Title assets are subject to withdrawal from the auction for any reason including pre-auction redemption. The website inventory in adjusted in real time to reflect the current inventory, while printed materials will not be republished to reflect ongoing inventory changes. All potential buyers are required to agree with and to comply by the terms and conditions of this auction in order to participate as qualified bidders. Thank you for your interest, Stephen D. Paulin Sr. CAI, Strategic Auction Alliance Thomas J. Weitbrecht Strategic Auction Alliance 877-426-8175 22 River St. Suite 13 Braintree MA 02184 www.strategicauctionalliance.com info@sabids.com
DISCLAIMER ATTENTION ALL PROSPECTIVE BIDDERS: All materials and information provided to auction bidders are made available to interested parties as a matter of convenience only and no representation or warranty, expressed or implied, is made as to its accuracy or completeness. Potential purchasers are encouraged to seek information from professionals regarding any specific issue or concern. Prospective purchasers of any auction asset are responsible for conducting such due diligence of their own as they consider appropriate, prior to bidding at the auction sale. All information contained upon any of our companies websites and within the Property Information Packages was derived from third party sources.these materials have been prepared for informational purposes only, are not legal advice, do not necessarily reflect the opinions of Strategic Auction Alliance or its attorneys, and are not guaranteed to be correct, complete, or up-todate. The auctioneer, seller and their agents and attorneys cannot and do not warrant the accuracy or completeness of the information provided herein. Auctioneers are acting solely as agent for the seller in marketing and negotiations of sale of this property, and as such have a fiduciary duty to disclose to the seller information, which is material to the sale, acquired by any source, including the buyer. The purchaser(s) agree that seller and auctioneers have made no warranties of any kind regarding the value, merchantability and fitness of the asset for any purpose. We make no representation as to the underlying collateral value or overall return on investment, if any, for any asset offered at this auction. We strongly advise you to do sufficient due diligence to make an informed decision for yourself before engaging in the acquisition of any Municipal Tax asset. No representations or warranties of any kind are made with respect to the asset to be sold. All assets will be sold "as is, where is," and "with all defects." Any terms relating to the sale are subject to change prior to or on the day of auction. Announcements from the auction block will take precedence over any previously printed material or any other oral statements made. The asset described in this information package is being offered at public auction as by the Town of Weymouth, Massachusetts. 877-426-8175 22 River St. Suite 13 Braintree MA 02184 www.strategicauctionalliance.com info@sabids.com
Town of Weymouth Property Viewer February 14, 2012 1" = 44 ft Property Information Map-Block-Lot 26-339-10 Owner WELCH UNA A Address 77 LAKE SHORE DR Lot Size 4,800 sq ft MAP FOR REFERENCE ONLY NOT A LEGAL DOCUMENT The Town of Weymouth makes no claims, no representations, and no warranties, expressed or implied, concerning the validity (expressed or implied), the reliability, or the accuracy of the GIS data and GIS data products furnished by the Town, including the implied validity of any uses of such data. The use of this data, in any such manner, shall not supercede any federal, state or local laws or regulations.
Town of Weymouth Property Card of 2 http://www.weymouth.ma.us/propview/propertyrecordcard.aspx 2/14/2012 5:55 PM Property Location 77 LAKE SHORE DR Parcel ID 26-339-10 Current Owner WELCH UNA A 77 LAKE SHORE DR E WEYMOUTH, MA 02189 Additional Owners Building 1 of 1 Current Assessments (All Land and Buildings) $49,900 Extra Building Features Other $300 Land $121,300 Total $171,500 Land Line Valuation Size 0.11 acres Zone Assessed Value $121,300 Parcel Record of Ownership Grantor Grantee Date Type Price Book/Page WELCH UNA A QS $0 2856/13 WELCH PAUL WILLIAM QS $0 2856/13
Town of Weymouth Property Card of 2 http://www.weymouth.ma.us/propview/propertyrecordcard.aspx 2/14/2012 5:55 PM Selected Building Information on this Property Property Location 77 LAKE SHORE DR Building 1 of 1 State Classification Code 1010 - SINGLE FAMILY DWG Building Square Footage 842 Year Built 1923 Dwelling Style CONVENTIONAL Story Height 1SFR/B Exterior Walls ASBESTOS SHINGL Foundation Type CONCRETE Deck Area DECK Porch Area ENCL Basement Type AREA FULL Attached Garage Detached Garage Number of Bedrooms Number of Full Bathrooms Number of Half Bathrooms Heating Type Central Air Number of Fireplaces Additions 2 1 HOT AIR FURNACE 1 1SFR DISCLAIMER ALL DATA IS PROVIDED "AS IS", WITH ALL FEATURES, IF ANY. THE TOWN OF WEYMOUTH EXPRESSLY DISCLAIMS ALL WARRANTIES OF ANY TYPE, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTY AS TO THE ACCURACY OF THE DATA, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE.