1/3rd Ownership Land and Residential Home in Cottage Grove, Dane County, Wisconsin!
Item Id:
Witkowski01
Case Name:
Witkowski, Kevin A & Linda S
Case Number:
18 12858
Trustee:
Description:
Estate's interest in 1/3 ownership of 0.64 acres of property and a residential home in Cottage Grove, Wisconsin as a Life Estate. The debtors hold 1/3 interest in the property. The Life Tenant was born in 1964. The residence/property is located at 129 Taylor Street, Cottage Grove, WI 53527. The working status of water, power, sewer and utilities is unknown. There are residences in the immediate area. The APN# is: 112/0711-094-9090-5. The legal description is: 'Part of the Southwest ¼ of the Southeast ¼ of Section 9, Township 7 North, Range 11 East………….Village of Cottage Grove….thence 198 feet to point of beginning’.
The residence contains 3 bedrooms and 1.5 baths. It was constructed in 1920 and is 1,576 square feet with a 576 square foot baseline, 480 square foot garage, and 228 foot enclosed porch. The residence does currently have a resident/tenant.
The mortgage is PIF
2019 taxes are approximately $4,378.21 and have not been paid. The current year taxes are due, but past years taxes are PIF as of 12/31/20.
Location Info:
The property is located just south of East Cottage Grove Road and south of I-94. It is adjacent to St Patrick’s Church. The Village of Cottage Grove is approximately 12 miles east of Madison and 15 miles east of the University of Wisconsin
Liens:
There is a total due in current year taxes in the amount of $4,378.21 as of 12/31/20. We do not know of any other liens
Notes:
A closing cost fee of $500 will apply. This is all we know about this item. Any fees/liens owing on this item are not part of the final bid price. A bid submitted by a buyer is an agreement to our Terms. Buyers should not bid unless they fully intend to complete the sale in accordance with our Terms (to view terms, click "Terms" tab in Seller Store header at top of ad).
Title and Escrow:
A title search was NOT performed on this property. BKAssets does not provide title insurance. If title insurance is desired, the buyer is responsible for obtaining it through a title company. The title company must comply with the terms of the sale as ordered by the court. Because this is a US Bankruptcy Court ordered, as is where is sale, Bkassets.com is not permitted to use an escrow company, or provide any warrantee or guarantee, implied or stated.
Legal Info:
By Order of the United States Bankruptcy Court, Bkassets.com sells this and any other property "AS IS, WHERE IS", with no warranties implied or stated. This means that the Seller and the trustee are not responsible for problems (if any) with the title, the condition of the property, or any liens or encumbrances against the unit. The buyer will be entirely responsible for this property after the sale including but not limited to: paying any fees/costs associated with this property, paying all fees/liens (if any), recording/transferring the title and gathering any paperwork/documentation necessary for that process. Seller and trustee are NOT realtors. BKAssets and the trustee shall be under no obligation to buyer except to provide buyer with a Trustee's Deed as required by Dane County. All the information as to the item description has been provided by the management company and/or the Resort. BKAssets cannot guarantee that all the information is accurate. BKAssets recommends all bidders perform their own due diligence prior to bidding. As with any bankruptcy sale, this sale may be subject to court approval.
Payment Info:
$U.S. Money order, certified check, cashier's check.
A closing cost fee of $500 (payable to seller) will apply. Full payment must be received within (7) days of winning bid. Any bidder who does not complete the sale within 7 days from the close of auction will be considered in default. Seller has the right to proceed with the next highest bidder.
Shipping Info:
Shipping is free to all buyers in the United States. International bidders are welcome, please contact BKAssets for shipping costs to countries other than the United States prior to bidding. Shipping costs to locations outside of the US will be calculated at the close of auction. Please be advised that because this is a US Bankruptcy Court Ordered sale, and subject to approval, shipping can take an average of 3-6 weeks.
