home & vacant lot - Both being sold together

Both parcels are being sold together for one price.

Online-Only Auction: TBA

Location: 116 Locust Street Somerset, PA 15501

Public Open House:

To schedule a private showing contact Nolan or your agent today, click the button below.

Contact: Nolan Bell (814)444-7777 or 

Guaranteeing a marketable and insurable title free and clear of liens, or the option for your deposit money back!

Property Information House Lot: Feel free to give a call or setup a private showing.

  • Bedrooms: 4

  • Full Baths: 3

  • Municipality: Somerset Township

  • School District: Somerset Area School District

  • Area/County: Somerset County

  • Zoning: Residential

  • Gross Taxes: $1,710.30

  • Lot Size: 0.253 A

  • Garage: Attached

  • Construction: Block Foundation

  • Roof Type: Shingle

  • Basement: Full, Partially Finished

  • Flooring: Laminate Wood

  • Sewer Type: Public

  • Water Sources: Public

  • Heating:

  • Fuel Type:

Property Information Vacant Adjoining Lot:

  • Municipality: Somerset Township

  • School District: Somerset Area School District

  • Area/County: Somerset County

  • Zoning: Residential, LL1

  • Gross Taxes: $293.94

  • Lot Size: 0.50 A

Property offered "AS-IS" with no contingencies, other than the guarantee of a marketable and insurable title at the time of settlement. 

Cash to Seller - (Traditional Financing Accepted as a form of payment at settlement, however there is no mortgage contingency)

Buyers Premium (BP) Applies: 10% of the high bid amount or $4,000 whichever is greater will be added to the high bid amount of each lot to achieve the total purchase price. This is how the final purchase price is calculated. 

Example: (high bid amount, amount due at closing) 100,000 + 10,000 (buyers premium) = 110,000 (total purchase price)

$4,000 Minimum Non-refundable deposit due at signing: The remainder is due at the time of (traditional) closing. 45-60 days to close.

The winning online buyer must arrange with their banks an immediate electronic wire transfer for the deposit amount if they become the successful buyer. 

Brokers/Agents welcome. Offering 3% of the high bid amount! Buyer Broker commission is offered to licensed real estate agents, subject to Dynamic Auction Groups broker participation terms and conditions. Buyer broker commission is a percentage of the winning high bid amount  paid to any agent who's buyer successfully closes on the property in accordance with Dynamic Auction Groups terms and conditions. Click the button above for details on broker participation terms or to show the property. 

Real Estate Auction Sales Agreement: High bidder must be available immediately following the auction to complete and execute a no contingencies PA - Real Estate Auction Sales Agreement

Notice: All online bidders must be available to communicate via telephone within the 30 minutes leading up to the auction's end time and the 30 minutes after the auction has ended. Failure to communicate with the auctioneers at their request could result in the decline of your registration and bids. Online buyers must also be prepared to take immediate action on conducting an electronic transfer of funds for the deposit that is due immediately following the auction.

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