Killarney Drive, Richfield, OH 44286 - Summit County

Absolute Killarney Woods Auction

Deed Restricted Community

Location: Killarney Woods Drive Richfield, Ohio. From Cleveland take I-77 to Exit 143 and west on SR 176 to Brecksville and south to Everett Rd. Continue west to Southern Road and north to Killarney Woods Drive. From Akron take I-77 north to Exit 138 Ghent Rd. west to N. Cleveland Massillon Rd., continue north to Everett Rd. and west to Southern and location.

Saturday August 1, 2009

11:00 AM

43.89 Acres * Richfield Twp. * Summit Co. * Revere School District * 10 Lots *

Deed Restricted * Mature Hardwoods * Septic & Well Approved * Investment Potential

Property Preview Date: Wednesday July 22nd 5:00 to 7:00 PM

Opportunity abounds with this northern Summit County offering; a developed tract of 10 lots within minutes of I-77 and I-271. This property presents an excellent opportunity to create a hedge against inflation that will most likely occur in the near future. The acreage consists of 10 developed and approved lots that are mostly to completely wooded. The lots range in size from 3 acres to 8 acres and are rolling with secluded building sites while offering the convenience of a deed restricted allotment with privacy of a rural homesite. Auction will be held onsite with online bidding available for those who are unable to attend the auction. Legal: Parcels are listed as Lot 1 and 5-13 of the Killarney Woods Subdivision.

10 Parcels

Lot 1: 4.7315 Acres with 981.30’ frontage.

Summit County Parcel # 4802704. Taxes per half year are: $1,955.33

Lot 5: 2.8985 Acres with 251.99’ frontage.

Summit County Parcel # 4802708. Taxes per half year are: $1,544.37

Lot 6: 5.2797 Acres with 83.13’ frontage.

Summit County Parcel # 4802709. This lot includes water well. Taxes per half year are: $2,077.87

Lot 7: 4.26 Acres with 332.40’ frontage.

Summit County Parcel # 4802710. Taxes per half year are: $1,849.76

Lot 8: 8.5706 Acres with 50’ frontage.

Lot 9: 3.6262 Acres with 307.75’ frontage.

Summit County Parcel # 4802712. Taxes per half year are: $1,707.77

Lot 10: 3.8744 Acres with 519.23’ frontage.

Summit County Parcel # 4802713. Taxes per half year are: $1,763.39. Includes part of the retention pond.

Lot 11: 4.6345 Acres with 487.33’ frontage.

Summit County Parcel # 4802714. This lot includes water well. Taxes per half year are: $1,933.67. Includes part of the retention pond.

Lot 12: 2.7798 Acres with 364.35’ frontage.

Summit County Parcel # 4802715 Taxes per half year are: $1,518.05

Lot 13: 3.2381 Acres with 743.36’ frontage.

Summit County Parcel # 4802716. This lot includes water well. Taxes per half year are: $1,620.92

Utilities

All lots are septic approved.

Drilled Water Wells (Lot 6, 11, and 13 already has a developed well. All remaining lots will need a well drilled during construction of a home)

Natural Gas available at Southern Road.

Electric & Phone lines already developed & available at each lot

Mineral Rights

Gas & Oil Rights and royalties have been retained by a previous owner and will not transfer to the new buyer

All surface & deep minerals rights are intact and will transfer to the new buyers.

Terms: $10,000 downpayment per lot, via bank certified funds, balance at closing, no financing contingencies. A 5% buyer’s premium will apply. Any required inspections must be completed prior to bidding. Property sells subject to all articles of record including but not limited to leases and easements. Purchasers should inspect the property prior to bidding and beware of its condition. In bidding buyer is asserting they have the funds to close. Bidders may view a copy of the title opinion online or at the auction. Property sells to the highest bidder with no minimums or reserves. Contact auction company for information regarding the sale order. Announcements day of sale take precedence over all preceding advertising and statements. Buyer Broker Participation: Kaufman welcomes buyer broker participation contact our office for details.

Auction ID 505