134 Higley Road, New Albany, PA 18833 - Bradford County

18+/- Acres & Ranch Home

Real Estate Auction

June 7 at 12pm

Bradford County, TerryTwp.

134 Higley Road

New Albany PA 18833

Auction: To be held on site - 134 Higley Road New Albany PA 18833, Property will be offered separately and in its entirety.

Parcel 1: 18+/- Acres Ranch Home, Terry Twp.

2 Bedroom, 2 Bath (1853 Sq. Ft.)

25'x40' Bank Barn

Attached 2 Car Garage

2+/- Acre Pond 10'-17' Depth & Dock

4 Wire Hy Tensile Fencing (Approx. 14 Acres)

No Chemicals/Commercial Fertilizers

$2,254+/- Yearly Taxes

2% Realtor Participation Invited

PARCEL #1 DETAILS: HOME / LAND

County: Bradford

Township: Terry

School District: Wyalusing

Parcel: 46-135.00-065-000-000

Deed: 199721125

Acres: 17.85 Acres

Taxes: $2254/yr.

Topography: Rolling/Sloping, 90% of land is machine workable

Pasture: Approx 14 Acres, 4 wire HyTensile fence, NO chemicals or commercial fertilizers

Streams: One meanders through property

HOME DETAILS:

Style: Ranch, stick built frame, brick

Year: 1982

Bathrooms: 2 Baths

Bedrooms: 2 Bedrooms

Sq. Ft: Living area upper - 1,853 rec. room & computer lower - 520 square footage unfinished lower (freezers, dry storage, pantry, utilities) - 1333

Water: Drilled well 185', HP Submersible 12-15 GPM

Water test: EPA approved 1/2014

Septic: 1,000 gal. septic and drain field cleaned and inspected summer 2011

Electric: 200 Amp service, emergency 10 cir./sub

Pond: 2 Acre pond-10'-17'- depth, dock, and well stocked

BANK BARN:

25x40 Bank barn good condition and roof

Electric service:

Storage: top and bottom

Wildlife: The following wildlife can be seen throughout the area and on the farm; deer, turkey, water fowl, bear, beaver, muskrat, fox, and coyote.

UPDATING OF HOME:

2011 - New complete roof with trusses out, 5/8" P&G sheeting, 50 year arch shingles, new vinyl siding, complete house wrap, soffit, trim, gutters, downspouts, whole attic ventilators, new stainless DBH lined furnace chimney, new heavy insulated 16'x9' garage door and opener

Additional 10" blown fiber insulation in attic/truss area total 16". Thermo Seal of

all roof penetrations and wall lines.

2011 - New screened in porch, windows, screens, rear stairs, walls and supports.

2012 - New gravel driveway

2005 - Kitchen redone (appliances, counter, and sink)

2006 - Generac 10KW emergency generator/propane

Oil & Gas Rights: Owners are conveying 25% with Parcel #1

Lease: Chesapeake Appalachia, LLC.

Current Royalties: 12.5%, Owner receives approx. $ 100 per ac per mth. At 100% ownership.

Unit: Dave

Future Production: The DAVE BRA 5H Well-Pad currently has 5 permitted wells assigned to the site. 1 well online

Gas production: 2,984,098 MCF (up to Dec 31st, 2013)

Dollar value: $ 9,996,728.30 (ATW $ 3.35 per MCF)

Estimated Royalties: $ 1,249,591.04 (at 12.5%)

Liquid Waste: 315,543 Gallons (7,513 Bbls) Information by marcellusgas.org

Registration: Anytime before 12 PM the day of the auction, June 7, 2014 at 12pm.

Terms and Conditions: To be sold under owners immediate confirmation. Cash, Cashier or Certified Check written to Dustin C. Snyder Escrow Account or Cash in the amount of $25,000 for parcel 1 and $20,000 for parcel 2 required at the time of auction as a down payment.

Contract: The successful high bidder will be required to sign a contract of sale immediately upon the conclusion of the auction with the deposit acting as a down payment.

Closing:Will be on or before 60 days following the auction.

Financing Available: Please contact a bank of your choice or contact Jennifer Long at 1-800- 223-3276.

For more information contact: Dustin C. Snyder - 570.441.9357, License #AY-2123