The Elder Estate
3 Bedroom / 2.5 Bathroom Home
Located in Douglas, Georgia
Property Address: 307 Grady Avenue North, Douglas, Georgia 31533
Auction Date: Tuesday, May 2nd at 2:00pm
Property Inspection: Thursday, April 20th from 3:00 – 6:00pm
Saturday, April 29th from 10:00am – 1:00pm
*Interior Photos not provided due to personal property auction being held in the home. To view the interior, please attend the posted property inspections or call Tyler DeMott to schedule a showing.
County: Coffee
Assessor’s Parcel Numbers: Coffee D006 059
Important Selling Features:
- 3,300 +/- Sq Ft Home
- 3 Bed / 2.5 Bath
- Built in 1948
- Unique Layout
- 1.03 Acre Lot
- Gorgeous Yard
- Sunroom
- Hardwood Floors
- 18’ x 29’ Split Office Space & Storage Building
- Additional Storage Buildings
- Minutes from Downtown Douglas
- Tons of Potential
Detailed Property Description: The Weeks Group is excited to present this beautiful home in Douglas, Georgia. Being brought to you at online only auction, this is your opportunity to own a home in thriving downtown Douglas. Whether you’re looking for your new place to call home, or a great investment property, this is your chance. The home rests on a spacious 1.03-acre lot providing plenty of privacy. The location couldn’t be more convenient, as the home is located seconds from Coffee Regional Medical Center and downtown Douglas. Many features make this home unique, including a detached office building, tons of outdoor storage space, a beautiful patio area and spacious carport. The interior has a unique layout and loads of potential. Don’t miss out on this excellent residential opportunity!
Property Taxes: 2022 Coffee County $1,476.84
GPS Coordinates: 31°30’42.66” N 82°51’24.71” W
Google Map Link: https://goo.gl/maps/DHv6wggDsM6GkaU2A
Driving Directions:
From Coffee Regional Medical Center, head southwest toward Ocilla Road/West Ward Street. Turn left onto Ocilla Road/West Ward Street and continue for 0.3 miles. Take a left onto North Chester Avenue and drive 0.2 miles. Then take a right onto Jackson Street and continue for 0.2 miles. Turn left at the 3rd cross street onto North Grady Avenue and the property will be on your left “Watch for Auction Signs!”
For More Information Contact:
Tyler DeMott
The Weeks Group
(229) 891-7653
(229) 921-1875
Tyler@BidWeeks.com
Online Only Auction Real Estate Bidding Terms and Conditions
Please Read the following terms carefully. By registering for this auction, you acknowledge that you have read and understood all terms and conditions herein and set forth within the supporting documentation described in the terms and that you have inspected the property or had the opportunity to do so.
If you do not agree to these terms, please DO NOT bid!
The property will be offered for sale through The Weeks Group Online Bidding Platform.
Bidder Registration and Verification:
For verification purposes, a credit card is required in order to register for this auction. Upon registering, an authorization charge of $1,000.00 will be charged against the credit card used for registration. This authorization is not a permanent charge placed on your card, it is only a pre-authorization used to verify identity of our bidders and the availability of funds on the credit card used for registration. Please be advised that The Weeks Group has no control over the length of time the verification charge remains on your card, that is at the sole discretion of your credit card company. Also, please be aware that registering for multiple auctions could incur multiple verification charges; and in some instances, multiple verification charges may result in a fraud alert being sent to the card holder. The Weeks Group reserves the right to reject or accept bidder registrations at its sole discretion.
Terms of Sale:
At the close of the auction, successful bidders will be emailed a contract package. Included in the contract package will be the purchase contract as well as instructions for submitting your earnest money deposit. The required earnest money deposit required is stipulated in the Contract for Sale.
Bid Increments:
The Bid Increments will be as follows:
Amount Up to: | Bid Increments |
$10,000 | $500 |
$50,000 | $1,000 |
$100,000 | $2,500 |
$250,000 | $5,000 |
$500,000 | $7,500 |
$500,000+ | $10,000 |
The Weeks Group reserves the right to adjust bid increments as needed.
Scheduled Auction End Times:
The Auction is scheduled to end at the published end time, subject to auto-extend bidding. Each time a bid is placed on any property included in this auction, with the clock showing less than 10 minutes, the clock will reset to 10 minutes for the entire auction. In the event the auto-extend time needs to be reduced, The Weeks Group reserves the right to adjust the auto-extend, as needed.
Buyer’s Premium:
A 10% Buyer’s Premium will be added to the bid price for each property to determine the final contract price. For example, if your final bid price is $100,000, 10% ($10,000) will be added, resulting in a total contract price of $110,000.
Contract for Sale:
This property is offered under the specific terms provided in the Contract for Sale. The Contract for Sale is available for review at www.TheWeeksGroup.com. Please fully read and review the Contract for Sale prior to bidding. If you have any question or concerns to anything included in the Contract for Sale, please contact The Weeks Group prior to bidding. Please do not bid prior to reviewing the Contract for Sale Document.
As Is, Where Is:
All property is selling “As-Is, Where Is” with all faults. It is the buyer’s responsibility to conduct any and all inspections and perform all acts of due diligence deemed necessary before bidding. Placing a bid will be considered as acceptance of the property in it’s as-is condition.
Bidder Default:
In the event a winning bidder fails to submit the signed Contract for Sale and/or earnest money deposit as specified in the terms, the winning bidder will be charged an administrative fee of $2,500.00 on the credit card provided at registration. All administrative fees are non-refundable.
Bid Cancellation:
The Weeks Group, LLC reserves the right to remove or cancel the bids and bidding privileges of the party at any time that bids or bidding is deemed to not be in the best interest of the seller.
Earnest Money Deposit:
Upon the close of the auction, successful high bidders will be required to submit the required earnest money deposit as stipulated in the Contract for Sale. The successful bidder will have 24 hours to send the earnest money in the form of Wire Transfer or Cashier’s Check.
Real Estate Closing:
With timing being of the essence, each contract will be a cash contract, not contingent or subject to financing, appraisal, or survey, as described in the Contract for Sale. Closing will take place no more than 30 days from the end of the auction as stipulated in the Contract for Sale. The Buyer will be responsible for all closing costs and the transaction will be conducted by the closing attorney specified in the Contract for Sale.
Agency Disclosure:
The Weeks Group, LLC is acting as agent for the seller and at no time is The Weeks Group responsible for, acting on behalf of, or acting as agent for the buyer. Full agency disclosure will be acknowledged by both seller and buyer on the Agency Disclosure form attached as Exhibit “C” on the Contract for sale.
Disclaimer:
The Weeks Group, LLC believes all information contained herein to be correct to the best of our knowledge. All information is being furnished to bidders solely for the bidder’s convenience and it is always the responsibility of the bidders to determine the accuracy and completeness of all information. Reliance on information provided is solely at the risk of the recipient. Bidders should always conduct their own due diligence, inspections, and investigations prior to bidding. Bidders needing assistance should seek necessary assistance prior to placing a bid.
Disclosure:
As detailed in Rule 55-10-.01 (3) of the Georgia Auctioneers Commission: Any auction sale is, without requirement of announcement at any time, presumed to be with reserve unless the property are in explicit terms put up at absolute auction. According to Rule 55-10-.01 (4)(b) The Weeks Group and our sellers hereby give notice that bids may be made by the seller, or upon the seller’s behalf, at any auction with reserve.
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