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91 ± acres of prime land in somerset township, located off of north center avenue near the Lowes & Giant Eagle shopping Plazas


bidding ends thursday, november 14 @ 6:00 PM (soft close)

Notice: Paperwork and deposit handled with winning bidding the following day

Location: 198 Gilmour Road Somerset, PA 15501

Open House: Thursday, October 24 from 4:00 to 6:00 PM and Saturday, November 9th from 11:00 AM to 1:00 PM

To schedule a private showing contact our office by clicking the button below. Or contact your agent today.

Contact: Dynamic Auction Group (814)444-7777 

Deposit only required if you are the winning bidder!

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

 

91 ± total acres:


parcel 1:

Property ID: 420011070

63 ± Acres with 3 Bedroom Home, Carriage House + Outbuildings

  • Map Number: S42-003-198-00

  • Deed Book/Page: 1381/82

  • Year Built: 1926

  • Approximate Gross Taxes: $6,283.58

  • Number of Bedrooms: 3

  • Number of Bathrooms: 3.5

  • Zoning: AAB

  • Stories: 2

  • Parking: Attached Garage, Detached Garage, 4 total spaces

  • Outbuildings: Carriage House, Barn, Cabin

  • Gross Building Square Foot:

  • Municipality: Somerset Township

  • County: Somerset County

  • School District: Somerset Area School District

  • Sewer Type: 

  • Water Sources:

  • Heating: 

  • Fuel Type: Oil

  • Fireplace: Yes

  • Cooling: Central Air

  • Construction: Stone

  • Flooring: Carpet, Linoleum/ Vinyl

  • Roof Type: 

  • Porch: Yes

  • Basement: Yes, Unfinished

  • Attic: Yes

  • Room Count: 8

 

parcel 2:

Property ID: 420011120

28.4 ± Acres — No Buildings

  • Map Number: S42-007-063-00

  • Deed Book/Page: 1381/82

  • Zoning: VVB

  • Approximate Gross Taxes: $1,504.59

  • Municipality: Somerset Township

  • County: Somerset County

  • School District: Somerset Area School District

 

auction details:

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)

10% Buyers Premium (BP) Applies: 10% of the high bid amount will be added to the high bid amount to achieve the total purchase price. This is how the final purchase price is calculated. 

Example: (high bid amount, amount due at closing) 500,000 + 50,000 (buyers premium) = 550,000 (total purchase price)

HALF THE BUYER’S PREMIUM AMOUNT (5%) Non-refundable deposit due at signing: The total remaining balance is due at the time of (traditional) closing. 60-90 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. Must be scheduled no later than NOON the following banking day after the auctions end date.

Brokers/Agents welcome. 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 total earned commission/buyer’s premium, 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. Failure to communicate with the auctioneers at their request could result in the decline of your registration and bids.


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