| |
|
|
Clayton, New York
THOUSAND ISLANDS AUCTION
|
|
6 Valuable Properties Offered at Auction at the Clayton Opera House
|
Saturday, August 30, 2008 • 11:00 AM
Auction Held at Clayton Opera House - 405 Riverside Drive, Clayton, NY 13624
|
|
Inspection Dates:
August 9, 10, 16, 17,
23, 24 and 29 from
12:00 Noon until 5:00 PM
or by Appointment
|
Sale 4 - Tract 1 and 2 - Burnt Rock Farm SOLD ABSOLUTE!!
 This property will be sold to the highest bidder regardless of price. This historic stone farm house has 6 bedrooms, 2 1/2 baths and was built in the early 1820’s. The home’s restoration incorporated many of today’s modern conveniences yet preserved plenty of its unique original features. The farm also has the original post and beam barn, built in 1825, with hand hewn beams along with a garage and storage shed. The property was purchased in 1969 and renovated by Mr. and Mrs. John W. Logan. It became their retirement home where Mr. Logan built a 9 hole golf course for family and friends. Annually, they would hold what became known locally as the “Burnt Rock  Open”. Remnants of the old course are still vaguely visible. There are 90 acres in the farm that will be offered in 2 Tracts. The house will be offered with 60.5 acres and the remaining 29.7 acres as a boundary. This property joins state land.
Tract 1 - 60.5 acres includes the historic stone farmhouse built in 1820’s which has 6 bedrooms and 2 1/2 baths, and all of the support buildings. There are two nice, large hay fields in the back of the property. Paved frontage on Burnt Rock Road and conveniently located near Clayton and Cape Vincent.
Tract 2 - 29.7 acres of land with paved frontage on Burnt Rock Rd. This tract has a nice building site, offers great hunting and has the potential to be cleared to make a nice homestead.
Directions: From Cape Vincent - South on Rt. 12E for 4 miles to left on Burnt Rock Rd. Go 2.9 miles to property on right.
 
 
 
|
|
Documents:
Thousand Islands Land Trust (web site)
New York State - Conservation Easement Tax Credit (CETC) (PDF format)
Purchase Agreement for Tracts 1 and 2 - Burnt Rock Farm (PDF format) |
|
Area Attractions:
For the best view of this beautiful area, take a photo tour at: www.1000islandphotoart.com
 |
|
Tibbett’s Point Lighthouse - Cape Vincent, NY |
St George Church - Kingston, Canada |
| |
|
|
|
Boldt Castle - Alexandria Bay, NY |
Antique Boat Museum - Clayton, NY |
| |
|
|
Don't miss one of the best restaurants in the Thousand Islands!
Carleton Restaurant
592 E. Boardway Street,
Cape Vincent, NY 13618.
Phone 315-654-3327.
--------------------
|
Auction held Saturday, August 30th • 11 AM
Clayton Opera House
405 Riverside Drive
Clayton, NY 13624 |
--------------------
For information about future conservation easements contact Aaron Vogel at the
Thousand Islands Land Trust
315-686-5345
www.tilandtrust.org |
Clayton Opera House - Clayton, NY |
|
|
|
|
|
Terms & Conditions (Sales 1- 6):
REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 10:00 AM. Please bring a driver’s license for identification.
AUCTION SALE: Sale 1 - Tracts 4 thru 7; Sale 2 - Tract 8; and Sale 4 - Tracts 1 and 2 will be sold absolute to the high bidder. Sale 1 - Tracts 1 and 2; Sale 2 - Tract 3; Sale 3; Sale 5 - Tracts 1 thru 6; and Sale 6 will be sold subject to Seller confirmation of the high bid.
ALL SALES ARE FINAL: All property is auctioned “AS IS, WHERE IS” with all faults in its
condition at the time of sale without recourse by way of refund, reduction of the purchase price, or otherwise. Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate.
LIABILITY: Bidders inspecting property enter at their own risk. Auction Company assumes no risk for bodily injury or damage to personal property.
BIDDING: Qualified bidders may bid on individual tracts, any grouping of tracts or on the whole property as offered at the auction. The auctioneer will determine all bid increments. All decisions by the auctioneer regarding bid acceptance are final.
ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
BUYER’S PREMIUM: The Buyer’s Premium on the real estate is 5% of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final sale price.
AGENCY: Schrader Real Estate & Auction Company, Inc., (Rex D. Schrader, Broker NY#32SC1115028), Woltz & Associates, Inc. (Auctioneers) and their representatives REPRESENT THE SELLERS.
LEAD PAINT: Some of the residential property in this auction was built prior to 1978 and may contain lead-based paint. A lead-paint inspection may be performed by bidders prior to the auction sale date. Applicable lead paint documents and information are available from Auction Company. For property built prior to 1978, bidders will be provided a lead-paint disclosure prior to signing a real estate purchase agreement and agree to waive the ten (10) day right to inspection after the auction sale.
REAL ESTATE DEPOSIT: A deposit in the amount of ten percent (10%) of the contract sale price will be required on day of sale. The deposit is payable by cash, cashier’s check, or pre-approved personal check payable to: Menter, Rudin & Trivelpiece, P.C., Counselors at Law for Sale 2. For all other properties, checks should be made payable to: Schwerzmann & Wise, P.C. Personal checks will be approved subject to collection if the Buyer presents a bank letter stating that the Buyer is a customer of the bank and the checking account is in good standing.
REAL ESTATE DEED: The real estate will be conveyed by warranty deed or fiduciary deed free and clear of liens, subject, however, to any rights of way, easements and restrictions of record. The balance of the purchase price is due at settlement on or before September 29, 2008 for Sale 3. Settlement is due on or before October 29, 2008 for Sales 1, 2, 4, 5 and 6. Property will be deeded to the registered bidder in the manner purchased at the auction.
BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate. Refer to the survey for exact boundary locations of each property.
BROKER PARTICIPATION: A 2% Buyer Referral Fee will be paid to the appropriately licensed real estate broker whose prospect successfully closes on the property sold in this auction. The referral fee is based upon the actual purchase price and will be paid at closing from the proceeds of the sale. Brokers must strictly follow all guidelines set by Schrader Real Estate & Auction Co., Inc. and must be registered by 5:00 PM (EDT) Wednesday, August 27, 2008. Call Auction Company for details and Broker Registration Forms or download the guidelines and form (PDF format) .
GENERAL: The information contained in this brochure is subject to verification by all parties
relying on it. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company.
|
|
Contact:
Woltz & Associates, Inc 800-551-3588 or Send questions or comments.
 
|
|
|
|
|
