2238 Lily Lane, Santa Maria, CA 93455
REAL ESTATE AUCTION
3BR 2.5BA 1,542+/- sf condo. Built in 2004. HOA: Crossroads Cottages HOA. HOA fees $100/M.
7:00 PM Monday, December 6, 2010
334 West Elk Avenue - Glendale, CA 91204
Open to the Public:
1-4pm Sun Nov 28th, Dec 5th and 2 hours before auction.
Nominal Opening Bid:
Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Please see Terms of Sale for details.
SANTA BARBARA, CA APN: 128-162-053 Census Tract / Block: 20.07 / 1 Alternate APN: Township-Range-Sect: Subdivision: Legal Book/Page: Map Reference: / 796-J5 Legal Lot: 53 Tract #: Legal Block: School District: SANTA MARIA UN Market Area: Munic/Township: Neighbor Code: THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE IN THE CITY OF SANTA MARIA, COUNTY OF SANTA BARBARA, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS: REAL PROPERTY IN THE CITY OF SANTA MARIA, COUNTY OF SANTA BARBARA, STATE OF CALIFORNIA, DESCRIBED AS FOLLOWS: PARCEL 1: LOT 53 OF CROSSROADS COTTAGES TRACT NO. 5812, IN THE CITY OF SANTA MARIA, COUNTY OF SANTA BARBARA, STATE OF CALIFORNIA, AS SHOWN ON A MAP FILED SEPTEMBER 5, 2003, IN BOOK 188, PAGES 95 THROUGH 100 OF MAPS, RECORDS OF SANTA BARBARA COUNTY, CALIFORNIA. PARCEL 2: APPURTENANT NON-EXCLUSIVE EASEMENTS FOR ACCESS, DRAINAGE, ENCROACHMENT, MAINTENANCE, AND REPAIR AND UTILITIES AS DESCRIBED IN THE DECLARATION OF COVENANTS, CONDITIONS, RESTRICTIONS AND RESERVATION OF EASEMENTS FOR AUTUMN GLEN (THE DECLARATION) RECORDED OCTOBER 9, 2003 AS INSTRUMENT NO. 2003-0138941, AND THAT CERTAIN NOTICE OF ADDITION OF TERRITORY AND SUPPLEMENTAL DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR AUTUMN GLEN (PHASE 4) RECORDED DECEMBER 31, 2003 AS INSTRUMENT NO. 2003-0173051,BOTH ARE OFFICIAL RECORDS OF SANTA BARBARA COUNTY, CALIFORNIA. ASSESOR'S PARCEL NO. 128-162-53-00
Deed Restriction Disclosure. Buyer understands property has a short term (3 month) deed restriction prohibiting the property from being sold/encumbered for more than 120% of total purchase price.
Re-Keying the Property. Buyer acknowledges that seller will re-key the exterior doors to the property prior to closing and funding at the buyer's expense to be paid at closing.
Title/Closing Costs. Regardless of local custom, the buyer understands and agrees that the seller will pay for the owner's title policy and lender's title policy (if any) and that the buyer will pay all other closing/transfer costs including survey, escrow, all closing fees, and all realty transfer taxes.
Association Disclosure. Buyer acknowledges and understands that property is bound by the assessments and restrictions of Crossroads Cottages Association (managed by Lordon Management 626-967-7921) , and Buyer agrees to be bound by same. Buyer agrees to assume any special assessments that may be payable in installments that are not yet due. Dues are $100 per month and are subject to change.