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PUBLIC REAL ESTATE AUCTION
BANKRUPTCY
8/11/04 10:00 A.M.
Auction to be held at:
Cunningham & Associates, Inc.
3138 W. Durango Street
Phoenix, AZ 85009
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NO RESERVE
NO BUYERS PREMIUM |
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SUBJECT PROPERTY
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3690 N. Watertank Road, Pine, AZ 85544
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Gila County Assessor Number: 301-24-117
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Fireplace
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Carport
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Circular driveway
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Solar screens
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Security door
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Covered back patio/deck
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Front deck
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Tar/shingle roof
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Plenty of parking for several cars
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Newer A/C unit
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Surrounded by Ponderosa pine trees
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Assessed Full Cash Value: $119,278.00
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Debtor paid $132,000.00 for this property
on 2/1/2001
This property is located in the cool pines
north of Payson, AZ.
Directions: From Phoenix, take HWY 87
(Beeline Hwy) to Payson, go straight through Payson staying on Hwy 87 (Hwy
87 turns into Hwy 260). Once in Pine, turn left (west) on Hardscrabble Mesa
Road and proceed for approximately 3/4 mile to Watertank Road. Watertank
Road will be on the north side of Hardscrabble Mesa Road. The property is
on the NW corner of Hardscrabble Mesa Road and Watertank Road.
TERMS:
$1,000.00 cash/cashier’s check deposit made payable to Cunningham &
Associates, Inc. in order to obtain bidder’s card. This deposit is
refundable to all unsuccessful bidders. Successful bidder must pay balance
in-full no later than 8/12/04 by 12:00 P.M. All bidders are encouraged to
personally inspect subject property prior to bidding as this property will
be sold “as is” and “where is” without warranty, expressed or implied. This
property will be sold subject to Trustee approval and will be sold subject
to all liens and encumbrances. This property is believed to have an
existing lien of $122,463.91 in favor of Wells Fargo. Bidders must conduct
all due diligence prior to bidding to satisfy themselves, including title
searches.
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