16650 Bass Lake Road , Osseo, MN 55311(Hennepin County)

Tract 1 is 1.45 acres that has a 5 bedroom, 3 bath, split level home with a 2 car attached garage on the property. Tract 2 is a wooded lot that sits behind (north of) the house, farther back off Bass Lake Road, and consists of 1.27 acres. Both lots have mature trees and offer privacy and space.

The home on Tract 1 is a split level, built in 1986, with an attached two-car garage. The home has 3 bedrooms and 2 full baths on the upper level and 2 bedrooms with a 3/4 bath on the lower level. The upper level has a large living room with laminate flooring and space for a dining area. The kitchen has oak cabinets and stainless steel appliances, which include a fridge, stove, dishwasher, and built-in microwave. The lower level has a large family room with a walk-out door to a sunroom. There are also 2 bedrooms and a 3/4 bath. The laundry room and utility room are also located on the lower level.

Tract 2 is 1.27 acres with no buildings or structures. This tract sits back off Bass Lake Road and would provide an excellent building site for a new home. The sloping lot would provide a setup for a home with a walkout basement.

** One of the listing agents is the owner of the property being sold.

Please contact Lindsey Brown at 701-371-5538 or Bozidar Djuranovic at 952-607-7069.

Appliances

Fridge, Stove, Dishwasher, and Microwave.

Features

2.72 acres that have been surveyed and split into 2 tracts. Tract 1 is 1.45 acres and has a 1986 split-level home, with 5 bedrooms and 3 baths. Tract 2 is a 1.27-acre lot with no structures and mature trees.

Additional Info

** One of the listing agents is the owner of the property being sold.

AUCTION DETAILS

Sealed Bids for this property will be due to our office, at the address below, before 5:00 p.m. CST, on Tuesday, September 26, 2023.

Bids for the Property shall be submitted on the Sealed Bid Submittal Form that can be obtained by contacting Peoples Company. Please make additional copies as necessary. Handwritten bids, if legible, are acceptable. Bids will be accepted by mail or email. Sellers reserve the right to refuse any bids or select the best bid, counter any bids, or remove the property from the market at their sole and absolute discretion. The successful bid may or may not be the highest bid submitted. Should Seller elect to counter any bid, Bidder shall have the right to rescind their bid or make a counteroffer. After this period, the successful Bidder(s) will be notified. The sale of this property is NOT contingent upon Buyer financing. All financial arrangements are to have been made before submitting a bid. By submitting a bid, the bidder makes a representation that he/she has the present ability to perform at the bid price and will fulfill all obligations within the Real Estate Sale and Purchase Agreement. A Bidder that chooses to be represented by a realtor must be registered with a listing broker at least 48 hours before the bid submittal deadline. Participating Brokers please contact the listing agent for details and forms.

Earnest Money Payment: An earnest money payment of 10% of the purchase price, unless otherwise stated on Bid Submittal Form, will be due upon acceptance and notification of a successful offer. The earnest money payment may be paid in the form of cash or check. All funds will be held in North Title, Inc.'s Trust Account. (North Title, Inc. 11140 Zealand Ave N., Champlin, MN 55316.

Buyers Premium: A five percent (5%) Buyers Premium will be added to the final bid price and included in the total purchase price.

Closing: Closing will take place on or before November 15, 2023, or as agreed upon by the parties, of the awarding of the Property to the successful Bidder(s) subject to preparation and full execution and contract of deeds. Upon acceptance and notification of a successful bid, the Buyer will enter into a Real Estate Purchase Agreement and Sales Contract.

Real Estate Taxes: The real estate taxes will be prorated between the Seller and Buyer(s) to the date of closing.

Agency: Peoples Company and Fish MLS Realty and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.

Possession: Possession of the property will be given at closing.

Contract & Title: The successful buyer will enter into a real estate sales contract and deposit with Peoples Company the required earnest money payment. The Seller will provide a Title Commitment at their expense. The sale is not contingent upon Buyer financing.

Utilities: Contact Agent for utility details.

Survey: Sathre-Bergquist, Inc. has surveyed the property and acres. All boundaries in the marketing material are presumed to be accurate according to the available information and knowledge of the Seller and Peoples Company. It will be the responsibility of each buyer to pay for any fees to monument boundaries of purchased tracts if they choose to do so. No additional staking will be paid for by the sellers. Contact the listing agent for more details.

Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an As is Where is basis with no warranties, expressed or implied, made by Peoples Company, or Seller. All bids will be made on a whole dollar amount. Peoples Company and its representatives are agents of the Seller. The winning bidder(s) acknowledges that they are representing themselves in completing the auction sales transaction.

Disclaimer: All tract boundaries in the marketing material are presumed to be accurate according to the available information and knowledge of the Seller and Peoples Company. Tract boundaries may vary slightly from the maps stated in the marketing material and will be subject to change. Bidder(s) and their tax, legal, and/or other advisors should perform their investigation of the property before bidding. The brief legal descriptions in the marketing material should not be used in legal documents.