No Reserve 0.14 Acres Lot 718 Columbus Avenue Albert Lea, MN 56007

Backwoods Auctions LLC

Backwoods Auctions LLC

Auction Location: 718 columbus ave, Albert Lea, MN 56007

Phone: 507-993-1867

Lot Categories: Land/Lots (1)

Auction Closed
02/20/2023 08:15 pm

Closed




Filtered Results From This Auction:

Showing 1 to 1 of 1 items

Current Bid: $1,200.00
Next Required Bid: $1,275.00
High Bidder: #426605
Began Closing:
Monday 02/20/2023
08:15 pm CDT

Lot is Closed

 


Auction Details:

NO RESERVE

0.14 Acre Lot Albert Lea  MN - 718 Columbus Avenue Albert Lea, MN 56007

Freeborn County PID: 34.180.3670

Legal Description: Lot 6, Block 18, Hawthorne Homes Subdivision. 

 

  • Pictures are of general area, has not been surveyed
  • Property looks to have had a small structure on it at some point. Structure is no longer on the property.
  • Perform due diligence

 

DO YOUR DUE DILIGENCE BEFORE BIDDING ON THIS PROPERTY

Seller has not had any land surveys done and makes no warranties on the boundaries / property lines

 

  • Contact the city with your questions about building on property.
  • There will be a 10% Buyer's Premium on the auction instead of the typical 13%
  • The BP of $1,000 does not apply to Real Estate Auctions.
  • There are no back taxes or assessments owed.
  • Seller has paid all of 2022 taxes.
  • No Buyer Agent Payout.
  • Full payment from buyer due within 48 hours after the auction closes.
  • Seller will file a Warranty Deed with the county after full payment is made.
  • Buyer to pay $595 admin fee on top of the final hammer price and buyer premium.

 

 

K-Bid is not a part of the transaction and has no involvement in the auction beyond being the venue used to present it to the public.

This auction is contracted and managed by: Backwoods Auctions LLC

Partner of American Real Estate Recovery LLC (seller) Ryan Rich Moe is a Licensed REALTOR with National Realty Guild 

NO RESERVE

0.14 Acre Lot Albert Lea  MN - 718 Columbus Avenue Albert Lea, MN 56007

Freeborn County PID: 34.180.3670

Legal Description: Lot 6, Block 18, Hawthorne Homes Subdivision. 

 

  • Pictures are of general area, has not been surveyed
  • Property looks to have had a small structure on it at some point. Structure is no longer on the property.
  • Perform due diligence

 

DO YOUR DUE DILIGENCE BEFORE BIDDING ON THIS PROPERTY

Seller has not had any land surveys done and makes no warranties on the boundaries / property lines

 

  • Contact the city with your questions about building on property.
  • There will be a 10% Buyer's Premium on the auction instead of the typical 13%
  • The BP of $1,000 does not apply to Real Estate Auctions.
  • There are no back taxes or assessments owed.
  • Seller has paid all of 2022 taxes.
  • No Buyer Agent Payout.
  • Full payment from buyer due within 48 hours after the auction closes.
  • Seller will file a Warranty Deed with the county after full payment is made.
  • Buyer to pay $595 admin fee on top of the final hammer price and buyer premium.

 

K-Bid is not a part of the transaction and has no involvement in the auction beyond being the venue used to present it to the public.

This auction is contracted and managed by: Backwoods Auctions LLC

Partner of American Real Estate Recovery LLC (seller) Ryan Rich Moe is a Licensed REALTOR with National Realty Guild 

Inspection

Auction Closing:

Mon, Feb 20, 2023
08:15 pm

Removal:


Bidding Increments:

Bid Range Minimum Increment
$0.01 - $75.00 $1.00
$75.01 - $150.00 $5.00
$150.01 - $250.00 $10.00
$250.01 - $500.00 $25.00
$500.01 - $1,000.00 $50.00
$1,000.01 - $5,000.00 $75.00
$5,000.01 - $50,000.00 $100.00
$50,000.01 - $75,000.00 $250.00
$75,000.01 - $100,000.00 $500.00
$100,000.01 - $2,500,000.00 $1,000.00

Hammer Price TierBuyer's PremiumCap
$0.00 - $4,999.99 13.00%
$5,000.00 - infinity 10.00%$1,000.00


This auction is contracted and managed by: Backwoods Auctions LLC

Manager: David Landsteiner


This auction is contracted and managed by: Backwoods Auctions LLC

Manager: David Landsteiner 

Dealer services provided by K-BID:  DLR24714

Payments Accepted:  Online payments through K-BID preferred, Credit Cards (Visa, Mastercard, Discover, Amex) Credit Card Payment done onsite. Please pay online. Cash will be accepted onsite. 

For any items requiring more than one person to lift / haul, you are responsible for removal. 

 

WE WILL NOT PROVIDE YOU ANY HELP TO LIFT OR HAUL THESE ITEMS. 

 

IF HELP IS NEEDED FROM STAFF, THERE WILL BE A REMOVAL FEE FOR EACH LOT $35. 

 

IF WE HELP YOU WITH YOUR ITEM, YOU RELEASE BACKWOODS AUCTIONS, LLC, SELLER CLIENTS, PARTNERS AND ITS AFFILIATES OF ANY LIABILITY OF DAMAGE OR INJURY THAT MAY OCCUR ON THE PREMISES OF THIS AUCTION.

 

PLEASE BRING LOADING HELP FOR LARGER ITEMS AND BOXES FOR LARGER LOTS.

 

BEFORE LEAVING THE PREMISES WITH YOUR ITEMS you are responsible to INSPECT your lots to make sure you have all the correct items.

Sometimes due to the size of the auction, things do get mixed up. Please make sure what you have is what you bid on. We will not entertain any refunds or bring you items that you missed after the item has left the estate.

PLEASE READ DESCRIPTIONS CLOSELY. WE WILL NOT TAKE RETURNS ON SHIPPED ITEMS. YOU CAN INSPECT ITEMS BEFORE BUYING, CALL FOR APPOINTMENT. ABSOLUTELY NO RETURNS. ALL SALES ARE FINAL UNLESS OTHERWISE NOTED. INSPECT ITEMS BEFORE BUYING, CALL FOR APPOINTMENT.

*Please pay close attention to our photos and descriptions. We do not accept returns or refunds after your items have been picked up so please inspect them before leaving. You can call us anytime during the auction, we're happy to answer any questions about our lots. Many of the lots include items that are antique and vintage, so they  may have slight imperfections that make them unique and special.

Wire transfer or certified bank check for purchases over $5,000.  No personal checks accepted. 

View shipping options for shipping terms on this auction.   

At our discretion credit cards accepted for over $2,000 with a 4.5% fee on the total invoice amount.

Late removals should not be expected.  A $25 trip charge per item will be charged to schedule late removals. We cannot accommodate special dates and times for pick ups. The removal schedule is set for a specific date and time for a reason. Please review the removal schedule and make sure you are available on those dates/times. Thank you. 

By participating in this auction, you release Backwoods Auctions, LLC of any liability of damage or injury that may occur on the premises of this auction.

Partner of American Real Estate Recovery LLC (seller) Ryan Rich Moe is a Licensed REALTOR with National Realty Guild 


Auction Terms Addendum

This auction is contracted and managed by an independent auctioneer. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.

Platform Role
K-BID Online, Inc. (“K-BID”) operates and maintains K-BID.com as a venue for independent auction companies to conduct online auctions.
They are independent entities and are not employees, agents, or representatives of K-BID. K-BID’s knowledge of individual auctions is limited to the information provided on the website.

Bidder Responsibilities
By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.

  • Bidders are responsible for all activity under their account.
  • Account information and passwords must not be shared.
  • All bids are binding and may not be retracted.

Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.

Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.

Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.

Auction Process

  • Items with a reserve will not sell unless the reserve price is met.
  • Reserves may be lowered at any time at the independent auction company's discretion:
    • During the auction: updated reserve status will be displayed.
    • After closing: the highest bidder may be awarded the item if the reserve is lowered.
  • At closing, items with active bidding will remain open until no bids are received for three (3) minutes.
  • Outbid notifications are not sent once an item enters the closing process.

Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.

If bidding privileges are suspended due to unpaid invoices:

  • Reinstatement is at K-BID’s discretion
  • Requires payment of:
    • 20% penalty on unpaid invoice(s)
    • $25 reinstatement fee
  • A valid government-issued ID must be provided
  • Unpaid items will not be awarded

Duplicate accounts will be deactivated. Suspected fraudulent activity may result in bid removal, account holds, or permanent suspension. K-BID reserves the right to refuse service to any user and may refer fraudulent behavior to appropriate authorities.

Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.

Sales Tax
Applicable sales tax will be collected by the independent auction company managing the auction.



718 columbus ave
Albert Lea
MN, 56007


Phone: 507-993-1867