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16 Elm St

Farmington, Minnesota 55024

Property Details

(16 Elm St Farmington Minnesota, 55024)

NOTE: Property is subject to a special assessment of $ 343.

Asset Type
Residential
Property Type
SFR
Bedrooms
4
Bathrooms
2
Year Built
1949
Square Footage
1,872
Occupancy Status
Vacant
Lot Size (Acres)
0.23
Event Item #
O1170-96400
Property ID
2516716
Buyer's Premium
5% of Winning Bid Amount (A minimum of $2,500 will apply)
Broker Co-Op
2% or $1,000 minimum
Financing Information
Yes

Transaction Details

 

  • Buyer's Broker/Agent Commission available.
  • Buyer representing self will not be paid a broker co-op commission.
  • A Buyer's Premium equal to 5% of the Winning Bid Amount or $2,500 (whichever is greater) will be added to all Winning Bid Amounts to determine the Total Purchase Price.
  • If you are the Winning Bidder, an Earnest Money Deposit of 5% of the Total Purchase Price or $2,500 (whichever is greater) is required.
  • Buyer will receive a Special Warranty Deed or equivalent.
  • Buyer is responsible for all escrow fees typically ranging from $850 to $1,375.
  • Property is being offered as is, where is.
  • Until the seller's reserve price is met, Auction.com may counter bid on behalf of the seller. Counter bidding gives buyers and sellers more flexibility to find a mutually agreeable price. Counter bids do not occur after the seller's reserve price is met. Learn more about reserve pricing.
  • Description
  • Documents
Description for 16 Elm St Farmington Minnesota, 55024
Auctioneer Licensing Information

Auction.com, Inc. Joshua Jacob RE Brkr Lic No. 40040398. Hennepin County Mark Buleziuk Auc Lic No. 2715079

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