LAKEFRONT home in Lake Tanglewood! - Assiter Real Estate Auction
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Lot 1
LAKEFRONT home in Lake Tanglewood!
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Current Bid
$1,100,000.00
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Auction:
LAKEFRONT home in Lake Tanglewood!
Preview:
1st Open House:     2 pm to 4 pm on Sunday August 27th  2nd Open House:    2 pm to 4 pm on Sunday September 10th 
Details
LAKEFRONT home in Lake Tanglewood!

LAKEFRONT home in Lake Tanglewood with so many extras! 6BR, 4BR, 3Car garage w/Office. Two large living areas, floor to ceiling windows for lake views and natural lighting. Gourmet kitchen with gas stove, double ovens, plenty of cabinet and countertop space! Newly renovated master bedroom with on suite bath and large closet. All bedrooms are good size and 2nd bedroom offers additional master suite with extra space and en suite bath. Huge outdoor area with large patio and a double slip boat dock with lifts! 3 car garage allows for additional space for vehicles or golf carts.

Upgrades Per Seller: Painted the brick exterior last year. Added NEW Additional master bedroom, bathroom and custom master closet. New deep stainless sinks and garbage disposals in the kitchen. New class 4 roof 3 years ago. New Gutters all the way around house and garage. Buried power lines and cable from my pole to the house. Also moved the meter to the pole instead of on the house. Lowered pitch of driveway 8ft. Made it a circle driveway. New concrete and dirt work. Filled in massive ravines in the yard, installed sprinkler system that uses lake water and Hydromulched with fescue. Painted the entire inside of house. Replaced all the exterior lights with modern led lights. Just serviced all 3 ac units and replace the motor on 1. Replaced the septic system pump in the last  year.


Sells subject to Owner Confirmation
Opening Bid: $100,000
Bedrooms: 6
Bathrooms: 4
Garage: 3 Car Attached
Square Foot ±: 4058
Lot Size ±: 0.89
Amenities: Lake Views
Year Built: 1994
Neighborhood: Lake Tanglewood 4154
Being Sold "AS-IS WHERE-IS" .
Contact
Ryan Rickles
HeatAmarillo@assiter.com
(806) 584-8954
Buyer Fees
Sales Tax: 0%
Buyer's Premium: 2500% Bidding

A buyer's premium is a percentage of the high bid that will be added to the high bid and become part of the purchase amount at settlement.

Bid Increments
Bid Increment: $25,000.00
Terms and Conditions

CLOSING DATE:

Closing is on or before October 27th, 2023

BUYER’S PREMIUM:

There will be a 10% buyer's premium ($2,500 minimum) added to the winning bid to calculate the contract price. 

TERMS:

An Earnest Money Deposit of 10% ($2,500 minimum) of the contract price is due immediately after the Auction by personal or company check for onsite bidders and by wire transfer for online bidders. The Real Estate Taxes will be prorated through the date of closing. The property is being sold "AS IS" and is NOT subject to financing, inspection or appraisal. Personal Property is not included in the auction. 

ONLINE BIDDER CONTRACTS:

Contract Packages will be sent by e-mail to the successful high bidder at the end of the auction. Successful high bidder must execute, and fax, email or hand deliver the package back to Assiter Auctioneers within 24 hours of receipt. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee.

DISCLAIMER:

All information contained herein is believed to be correct to the best of the auctioneer's knowledge. The information is being furnished to bidders for the bidder's convenience and it is the responsibility of the bidders to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold "AS IS" with any and all faults. Please review all information supplied and seek appropriate assistance prior to bidding. 

AGENCY DISCLOSURE:

In all transactions, Assiter & Associates, LLC, Tommy R. Assiter II, Ryan Rickles, Lindsey Rickles and Lila Monden are acting as agents for the seller, not as buyer's agent.

ADDITIONAL AUCTION TERMS:

Assiter & Associates, LLC dba Assiter Auctioneers fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Assiter Auctioneers reserves the right to remove or cancel the bids and or bidding rights and privileges of any party at any time deemed not to be in the best interest of the seller. All items are subject to prior sale or removal from the auction.