Thursday, April 28, 2016

AUCTION
BANK OWNED REAL ESTATE
22 Properties Selling in Michigan
By Order of Oxford Bank
13 Properties Selling ABSOLUTE!!!
• Residential, Commercial, Acreage Tracts & More
• 2% Broker Co-Op Available
• Properties in the Following Counties:
Macomb, Lapeer, Tuscola, Genesee & Oakland
Thursday, April 28th at 7:00 P.M.
Sale Site: American Legion Post 16
1701 W. Genesee Street, Lapeer, MI 48446
Thursday, April 28, 2016
800-841-9400 • www.HudsonMarshall.com
Dear Prospective Bidder,
Hudson & Marshall is pleased to have been chosen to offer you a wide selection of bank
owned properties in Michigan. Whether you are looking for land, homes, investment or
commercial property, we have something for everyone! Refer to pages 10 & 11 for terms
and conditions. Please inspect these properties prior to auction day and come prepared to
purchase excellent real estate at AUCTION prices!
INSPECTION
DATES
Improved Properties:
Call listing agent to schedule
an appointment.
Land Tracts & Lots:
Available for inspection at
anytime or by making an
appointment with the listing
agent.
Best of luck in your bidding: Hudson & Marshall, Inc.
24 Bank Owned
Properties in Michigan
Buyers Premium
10% Buyers Premium will be
added to your high bid.
Broker Participation
Brokers can earn a 2% commission by representing a
buyer. See Pages 11 & 12 for
terms and conditions.
Down Payment
Successful bidders will pay
an earnest money deposit
equal to ten percent (10%)
of the total purchase price
or $2,500.00, whichever is
greater. A cashier’s check in
the amount of $2,500.00 is
required for a portion of the
down payment.
10 Properties in Genesee County
4 Properties in Lapeer County
4 Properties in Oakland County
3 Property in Macomb County
1 Property in Tuscola County
3
Thursday, April 28, 2016 at 7:00 P.M.
Sale Site: American Legion Post 16 (1701 W. Genesee St., Lapeer)
PROPERTY 101 - RESERVE
41688 Westmeath Circle
Clinton Township, MI 48038
The subject property is a 1,188 SF, 3 BR/1 BA home. Home
features a basement, fireplace & detached garage.
Property ID: 1107328004 (Macomb Co.)
Agent: Hudson & Marshall at 800-841-9400.
PROPERTY 102 - ABSOLUTE
South State Road
Davison, MI 48423
The subject property is a 1 acre vacant lot. Zoned RU1, Residential Urban.
Property ID: 05-22-10-039 (040) (Genesee Co)
Agent: John Hood with Century 21 Woodland at 810-516-6596 or
[email protected]
PROPERTY 103 - ABSOLUTE
4355 E. Bristol Road
Burton, MI 48519
The subject property is a 1,104 SF, 3 BR/2 BA manufactured
home. Features include a porch, deck and 2 car attached
garage.
Property ID: 59-27-400-013 (Genesee Co.)
Agent: John Hood with Century 21 Woodland 810-516-6596 or
[email protected]
4
PROPERTY 104 - ABSOLUTE
Parcel B Johnson Road
North Branch, MI 48461
Fish Lake Rd
Johnson Rd
The subject property consists of 4.02 acres of vacant land.
Zoned Agricultural/Residential. Nice home site.
Property ID: 00600202516 (Lapeer Co.)
Agent: Ron Scaramuzzino with Century 21 Real Estate at 248296-6960.
PROPERTY 105 - ABSOLUTE
7203 Saratoga Drive
Flint, MI 48532
Saratoga Drive
The subject property is a residential lot in Swartz Creek Neighborhood. 0.52 acres. Zoned FS. Nice home site.
Property ID: 04-13-626-022 (Genesee Co.)
Agent: John Hood with Century 21 Woodland at 810-516-6596 or
[email protected]
PROPERTY 106
RESERVE
Peck Road
Enterprise Drive at M-53
Brown City, MI 48416
Lot
Lot
Lot
Lot
Lot
B = 6.5 Acres
F - 4.75 Acres
G - 7.3 Acres
I - 22.7 Acres
J - 22.8 Acres
Property ID: 44-005-133-004-00 and
44-005-133-002-10 (Lapeer Co.)
Agent: James Waid with Century 21 at
248-217-9566 or [email protected]
I
J
Vandyke Ro
ad
The subject property totals 64.05 acres
and is known as “Enterprise Industrial
Park” Parcels B, F, G, J and I. Located on
the east side of M-53 and 2.5 miles north
of Burnside Road (M-90) in Burnside
Township. Zoned LI, Light Industrial.
Great investment opportunity. Selling
divided or as a whole.
B
F
Enterprise Dr
G
5
PROPERTY 107 - RESERVE
5490 Davison Road
Burton, MI 48509
The subject property is a 26,372 SF commercial building of
which 18,720 SF is finished area and 7,652 SF is a heated warehouse. The building is currently being used as a church (Heather
Creek Church) and a daycare facility (Circle of Friends Child
Care Center). The property features several classrooms, restrooms, gathering area, foyer, sanctuary and offices. Renovated
in 2004. Zoned C-2, General Business District. Situated on 2.66
acres. Currently leased month to month for $2,000 per month.
Property ID: 59-11-200-005 (Genesse Co.)
Agent: James Waid with Century 21 Affiliated at 248-217-9566
or [email protected]
PROPERTY 108 - RESERVE
1325 N. Rochester Road
Oakland, MI 48363
The subject property is a 2,199 SF, 3 BR/2 BA charming, colonial home. Situated on 5.65 acres. Home features a full basement, (2) 2 car garages, sunroom, dining room, office and
more. Built in 1921 - Updated in 1980. Well & Septic.
Property ID: 1011151014 (Oakland Co.)
Agent: Jack Tubbs with Century 21 Affilated at 248-330-7972.
PROPERTY 109 - ABSOLUTE
The subject property consists of 6.28 acres of vacant land.
Zoned R1. Nice home site in a good location.
Property ID: 1308100022 (Genesee Co.)
Agent: John Hood with Century 21 Woodland at 810-516-6596
or [email protected]
Duffield Road
13414 Duffield Road
Montrose, MI 48457
66
PROPERTY 110 - ABSOLUTE
Grange Hall Rd
Grange Hall Road
Ortonville, MI 48462
The subject property is 11.97 acres of vacant land. Zoned RM,
Multiple Family. Located behind the new Rite Aid store, just
off M-15. There is a small pond on the property.
Property ID: 0212429018 (Oakland Co.)
onv
Ort
Agent: Cindy Pennington with Century 21 Affiliated at 248765-3238 or [email protected]
ille
Rd
PROPERTY 111 - RESERVE
The subject property is 12.3 acres of vacant land. Zoned
HRM, High Rise Multiple Family District. All utilities are available to the site. Approximately 100 feet of frontage on Center Road. Great location.
Property ID: 59-22-100-041 (Genesee Co.)
Agent: John Hood At Century 21 Woodland 810-516-6596 or
[email protected]
PROPERTY 112 - ABSOLUTE
218 Cherry Street
Vassar, MI 48768
The subject property is a 1,217 SF, 3 BR/1 BA home. Features a
basement and huge master bedroom.
Property ID: 051500124140000 (Tuscola Co.)
Agent: Trista Roberts with Century 21 Affiliated at 810-3583454 or [email protected]
Bilksy St
Center Rd
2200 Block of Center Road
Burton, MI 48519
77
PROPERTY 113 - ABSOLUTE
PROPERTY 114 - ABSOLUTE
321 North Cass Avenue
Vassar, MI 48768
4080 Barnes Road
Millington, MI 48746
The subject property is a 2,064 SF, 5 BR/2 BA home. Situated
on 0.77+/- acres. Located just one block north of the Cass
River. Home features a 2 car drive under garage, basement
and covered porch.
The subject property is a 900 SF, 3 BR/1 BA home on 1 acre
lot. Recently updated. Large eat-in kitchen, living room and
unfinished basement.
Property ID: 017015000220003 (Tuscola Co.)
Property ID: 051500112470000 (Tuscola Co.)
Agent: Caroline D’Andrea with Century 21 Affiliated at 810-931-
Agent: Heidi Waid with Century 21 Affiliated at 248-224-4142
or [email protected]
5540 or [email protected]
PROPERTY 115 - ABSOLUTE
6665 Sherman Street
North Branch, MI 48461
The subject property is a 1,600 SF, 3 BR/1 BA home. Home
features a large kitchen, basement, sunroom and first floor
laundry. City water/sewer, natural gas.
Property ID: 04643300500 (Lapeer Co.)
Agent: Trista Roberts with Century 21 Affiliated at 810-3583454 or [email protected]
PROPERTY 116 - RESERVE
2648 Lapeer Road
Auburn Hills, MI 48326
The subject property is a 2,194 SF office building located on
0.39 acres. Zoned B-2, General Business. All utilities available to site. High traffic count. Property includes 5 separate
offices, reception area, kitchen, storage room and more.
Property ID: 02-14-11-353-013 (Oakland Co.)
Agent: Jim Skylis with Century 21 Affiliated at 248-496-0515.
88
Lots 32, 33, 36 & 39 - Bethel Park Woods
Flint, MI 48532
Kentworthy Ct
PROPERTY 117 - ABSOLUTE
39
The subject property consists of 4 residential lots zoned R-1A,
Single Family Residential. Lots 32, 33, 36 & 39
Property ID: 07-18-585-001, 07-18-585-002, 07-18-585-005 &
07-18-585-008 (Genesee Co.)
Sipes Ln
33
32
36
Agent: John Hood with Century 21 Woodland 810-516-6596 or
[email protected]
PROPERTY 118 - RESERVE
3472 N. Genesee Road
Flint, MI 48506
The subject property is a multi-use building and an excellent
business opportunity. There are 3 buildings situated on the 1.29
acre lot - 5,552 SF Retail Building with Warehouse, 1,640 SF
Building & 5,000 SF Building. Zoned C-2, Commercial.
Property ID: 11-35-501-001 & 11-35-501-002 (Genesee Co.)
Agent: John Hood with Century 21 Woodland 810-516-6596 or
N. Genesee Road
[email protected]
Watson Drive
PROPERTY 119 - RESERVE
OUT
Richfield Road & N. Genesee Road
Flint, MI 48506
The subject property consists of 38 home sites and excess land
of Phase 1 in Kearsley Golfview Residential Subdivision. The 38
home sites comprise 12+/- acres and there is 20.82 acres of excess land. Zoned A-2, Single Family Medium Density Residential
District. Infrastructure improvements are partially in place. All
utilities available.
Sugar Maple Run
OUT
OUT
Agent: John Hood with Century 21 Woodland 810-516-6596 or
[email protected]
Fairview Way
Property ID: 4734100005 (Genesee Co.)
OUT
OUT
Maple Leaf
Richfield Road
99
PROPERTY 120 - RESERVE
3
Somers Drive
Burton, MI 48529
The subject property consists of 7 vacant lots in Rizzo Industrial Park and adjacent to I-475. Zoned M-1, Light Industrial. Lot numbers are 3, 9, 10, 13, 14, 16 & 18 and total 14.59
acres. Selling as individual lots or a whole. Lots feature
paved road with concrete curbs and underground utilities.
Development potential.
Lot
Lot
Lot
Lot
3 - 1.02 Acres
9 - 3.35 Acres
10 - 2.54
13 - 1.26 Acres
16
r
Burton Ct
Somers D
18
Lot 14 - 1.17 Acres
Lot 16 - 3.70 Acres
Lot 18 - 1.52 Acres
14
13
10
Property ID: 59-31-529-003, 009, 010, 013, 014, 016, 018
(Genesse Co.)
Rizzo Ct
9
Agent: John Hood with Century 21 Woodland 810-516-6596 or
[email protected]
PROPERTY 121 - ABSOLUTE
The subject property is 11.90 acres of vacant land located in
Oregon Township. Zoned AR, Agricultural/Residential. Great
home site. 66’ easement on property.
Property ID: 017-014-022-45 (Lapeer Co.)
Klam Road
2542 Klam Road
Lapeer, MI 48446
Agent: G. Black with Century 21 Affiliated at 810-441-3888 or
[email protected]
Marathon Rd
PROPERTY 122 - ABSOLUTE
The subject property is a 5 acre vacant lot. Zoned AE, Agricultural-Estate. Beautiful lot. Close to I-69. Great home site.
Property ID: 01203101066 (Lapeer Co.)
Agent: Caroline D’Andrea with Century 21 Affiliated at 810-9315540 or [email protected]
Copper Creek Drive
Copper Creek Drive
Metamora, MI 48455
W. Sutton Road
22
10
TERMS & CONDITIONS
INSPECTION: All land parcels are available for inspection at anytime. Improved properties are available by
appointment with the listing agent or by contacting Hudson & Marshall at 800-841-9400.
TERMS FOR BIDDING: Successful bidders will pay an earnest money deposit equal to ten percent (10%)
of the total purchase price or $2,500.00, whichever is greater. The balance of the purchase price will be
due on or before June 3 2016. A cashiers check (made payable to yourself), cash or certified check in the
amount of $2,500.00 is required as a portion of your down payment. A personal or business check can be
used to pay the balance of the 10% down payment if the required down payment exceeds $2,500.00.
CLOSINGS: All properties must close on or before June 3, 2016. The 2016 real estate taxes will be pro
rated at closing, The purchaser will be responsible for 1/2 of the Title Company Closing Costs (typically
$300), and any other fees associated with closing the transaction with a lender, i.e. loan fees, survey fees,
lender title insurance, etc. The Seller will be responsible for 1/2 of the Title Company Closing Costs (typically $300), Transfer tax ($8.60 per $1,000 of sale price), and the Seller’s Title Insurance Policy. All properties
will be conveyed by Covenant Deed.
TITLE COMPANY: Chuck Busch with First American Title will be handling all closings on the properties.
The office is located at 5400 Gateway Center Drive, Flint, MI 48507 or he can be reached at 810-2759500.
FINANCING: The sale of these properties is not contingent upon financing. Please know that you are signing a cash contract and need to make arrangements for financing prior to the auction, or have the ability to
pay cash on or before June 3, 2016.
BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For each $10,000, a
10% buyer’s premium of $1,000 will be added to arrive at the total purchase price of $11,000.
AGENCY: Hudson & Marshall, Inc., auctioneer/broker, is acting exclusively as agent for the seller.
BROKER PARTICIPATION: A 2% Broker Commission, before the inclusion of the buyer’s premium, will be
paid to Brokers/Agents who represent a purchaser on any auction property. In order to be paid a commission, the Broker/Agent must complete EACH of the following steps:
1) Review the “terms and conditions of the sale” with each client they are representing.
2) Professionally assist your client by providing relevant advice and property information.
3) Attend the auction.
4) Email or fax registration form to Hudson & Marshall no later than 5:00 P.M. the day prior to the sale.
Email to [email protected] or fax 478-994-6588.
Registration forms can be obtained from our website www.hudsonmarshall.com or call 800-841-9400 to
have a copy emailed or faxed. UNDER NO CIRCUMSTANCES WILL BROKER REGISTRATION BE ALLOWED
ON THE DAY OF THE AUCTION. Commissions will be paid if and only if property closes. A commission
on a property will be paid only to the first broker registering a prospect. A BROKER CANNOT ACT AS A
PRINCIPAL AND BROKER ON THE SAME TRANSACTION.
23
11
TERMS & CONDITIONS CONTINUED
SPECIAL NOTE: Property is selling “as-is, where-is” with all faults and is selling subject to (i) all matters
of public record including, without limitation, easements, leases, restrictions, covenants, and conditions,
(ii) zoning, and (iii) all other matters which would be revealed by a current survey or an inspection of the
property. The only representation and warranties made are those contained in the auction real estate
sales contract. Seller reserves the right to add or delete property. Properties will be conveyed by convenant deed. Information contained herein was obtained from sources deemed reliable. The property will
sell “as-is, where-is” with no warranty, express or implied, as to improvements, soil condition, environmental and wetlands, or zoning. No personal property shall be conveyed with real estate unless denoted in
contract. Although every precaution has been taken to ensure accuracy, neither the seller, Hudson & Marshall, Inc. nor their agents will be responsible for any errors or omissions herein. Bidders should carefully
verify all information and make their own decisions as to the accuracy thereof before submitting their bid.
The terms of the auction real estate sales contract are controlling in the event of any perceived inconsistency between the terms of the auction real estate sales contract and any statements in this brochure or
other advertisement. Announcements made at auction will take precedence over written materials. At
the time the sale is consummated Seller agrees to convey title to the Property to Purchaser by covenant
deed, subject to the same encumbrances, restrictions and conditions to which the Property was subject
when the Seller acquired title thereto. All high bids are considered individual offerings and not contingent
upon the Seller’s acceptance of other bids. If you purchase more than one property, you are required to
close on any and all properties that the Seller accepts. Unless the property is marked absolute in the auction brochure, it sells subject to Seller Confirmation.
SALE SITE: All properties will sell Thursday, April
28, 2016 at 7:00 P.M. from the American Legion
Post 16 located at 1701 W. Genesee Street, Lapeer,
MI 48446.
DIRECTIONS: From I-69, Take Exit 155. Go North
on M-24 for 2.3 miles. Turn left on West Genesee
Street and continue for 0.4 miles to the sale site
on the left (American Legion Post 16)
For Any Questions, Call Hudson & Marshall at 800-841-9400 or
Visit www.HudsonMarshall.com
Auction Held in Conjunction with Steve Reeser Michigan Real Estate License 650414079
31
10761 Estes Road
Macon, Georgia 31210
Bank Owned Property Auction
www.hudsonmarshall.com
1-800-841-9400