Real Estate Auction

Tracts 1, 4, 5 Marshall Creek Acres II

August 12, 7:15 PM ~  Hilton Garden Inn, Missoula, MT

Property Overview:  These 3 Tracts of land are located in Granite County just 4+/- miles from Philipsburg. All three have wonderful views towards the Discovery ski area and the Pintlar Mountain Range. They are located in the Marshall Creek Acres II Subdivision and have all utilities and are shovel ready to build on. Tract 1 consists of 20.014 acres and has some pine trees and a gently sloped hill. Building sites offer excellent views of Discovery and the Pintlars. Domestic wells drilled from 2004-2008 in section 10, where this subdivision is located, have yielded average water yields of 23.17 GPM at 179 feet average well depths. Tracts 4 (20.158 ac) and 5 (20.112 ac) occupy the highest elevations in the subdivision on a large plateaued hill just Northeast of Tract 1. Both of these tracts offer excellent elevated building sites with stunning panoramic views of the Pintlars and Discovery. Tract 4 has seasonal water from an adjacent spring. All tracts are easily accessed from Hwy 1 and are just minutes from Philipsburg and all the Discovery/Pintlar Mountain Range has to offer. Don’t miss this chance to purchase these residential lots whether you plan to build now or in the future.

 

Property Location: All 3 Tracts are located in Marshall Creek Acres II, 4+/- miles northwest of Philipsburg, Montana.

Driving instructions: From Philipsburg: Go 2.1 miles north on Hwy 1 from the Philipsburg/Hwy 1 Junction to Black Pine Road, Turn left (west) and go 1.3 miles to Homestead Lane, Turn Right (north) and go 1.2 miles. Tract 1 is on the left and tracts 4, 5 are another .4 miles north on the right. Watch for signs. Tracts are flagged.

Legal Description: T7NR14W P.M. Section 10, Located in the NW1/4 Tracts #1, 4, and 5, Marshall Creek Acres II.

Terms: Title will be transferred by warranty deed with title insurance, subject to standard exceptions contained in such deeds such as reservations in patents, zoning, building and use restrictions, easements and rights of way apparent or of record, and real estate taxes for the year in which closing occurs. A non-refundable down payment of 10% of the Purchase Price will be due on Auction day from the winning bidder. The balance is due in cash at closing within 30 days at the office of: Stewart Title of Missoula County, 320 W. Broadway, Suite A, Missoula, MT 59802. 406-239-1501. The seller will cooperate with buyer’s Section 1031 Exchange, provided seller will not incur additional expense or liability by such cooperation. The property will be sold "as is where is." The buyer is responsible for conducting their own investigation and review of the property. The final bid will be subject to the seller’s approval with approval or rejection of final bid within 24 hours. Seller reserves the right to accept or reject any and all bids.

Water Rights: None

Mineral Rights: All appurtenant mineral rights transfer.

Taxes: 2009 Taxes were $14.71/ tract. These taxes are as open space agricultural usage and will change once a home is built.

Possession: Upon closing. Your bid is considered acceptance of the terms of this auction. If you, the buyer, fail to close, the down payment is non-refundable. If the seller fails to close, 100% of the down payment will be returned. At this time there is no known reason that the seller would not be able to close. All funds will be held in the escrow account of: Stewart Title of Missoula County, 320 W. Broadway, Suite A, Missoula, MT 59802. 406-239-1501.

Buyer’s Premium: There will be a 2% buyers premium added to the final bid to arrive at the total purchase price paid by the buyer.

Title Insurance: The seller will provide standard owners title insurance through: Stewart Title of Missoula County, 320 W. Broadway, Suite A, Missoula, MT 59802. 406-239-1501.

Closing Costs: Closing costs will be split equally between buyer and seller.

Shown By Appointment ~ Steve Krutzfeldt 406-580-4207

DOWNLOAD BIDDERS PACKET

HOME

All information is from sources deemed reliable, but is not guaranteed by the seller or the Auctioneers.  Offering is subject to error, omission, pre-sale, cancellation, and approval of purchase by owner.  We urge independent verification of each and every item submitted to the satisfaction of the any prospective buyer.  The Auction Co. shall not be liable in any way if the seller fails to honor any bid, or refuses or cannot close title in accordance with the winning bid or any contract entered in respect thereof.  Neither Seller or Auctioneer make representations of nature of water rights, if any. Announcements made sale day take precedence over any printed or Internet materials.   The property sells "As is-Where is." SK Realty, Inc and its auctioneers are acting solely as auctioneers for the seller.