Edgecomb, ME 04556

Facts

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Sale Type

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Description

Real Estate Foreclosure Auction 24-68 - 44+/- Acres Vacant Land - Parsons Creek Frontage - 0 Cunningham Rd., Off Former Parsons Mill Rd., Edgecomb, Maine - Tuesday, June 11, 2024 at 11AM - The above stated price is the tax assessed value and a place holder only. The lender reserves the right to bid at the auction. - Real Estate: Consists of a 44+/- acre parcel comprised of 2 tax lots, one 39+/- acres and the other being 5+/- acres. The 5+/- acre lot is at the end of Cunningham Rd. and has one telephone pole on the lot for future use. The 39+/- acre lot is adjacent to the 5+/- acre lot and is accessed by a woods road following Parsons Creek to a small set of falls with Lily Pond at the end. The topography is rolling and open with mature growth. Reference Tax Map R2, Lots 80.4 and 80.5. - Directions: From the intersection of Rt. 1 and Rt. 27 a/k/a Boothbay Rd., follow Boothbay Rd. 3.3 miles to Mill Rd. on the right, follow .3 miles to Cunningham Rd. on the right, follow .2 miles to the end. - Terms: A $10,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Co., Inc. (deposited with the Auctioneer as a qualification to bid), with balance due and payable within 30 days from date of auction. The property will be sold by public auction subject to all outstanding municipal assessments. Conveyance of the property will be by release deed. All other terms will be announced at the public sale. For a Property Information Package contact the auctioneers office and request by auction #24-68. Our 52nd Year and 8,648th Auction.