Style/Quick Information: Sold for $480,000
Full Description: TRUSTEE'S SALE Wallace Grove is a 12-unit cottage colony situated on 4.84± acres of land with 815± FF along the southeast shore of Silver Lake, 1,018± FF along the north side of Federal Hill Road, and 321± FF along the west side of Silver Lake Road There are 5 year-round rentals (4-BR main home and (4) 2-BR cottages), 7 seasonal cabins, 3,638± SF recreational hall, public restroom building & garage/storage building Sandy beach and playground Serviced by private water & private septic R, Recreational zoning permits residential development Wallace Grove, once a popular southern NH summer destination resort with close proximity to Routes 122 &130, Nashua, and Primary NH snowmobile trail 501, has great re-development potential! Tax Map 59, Lot 24. Assessed value: $755,600. 2017 taxes: $15,869. AUCTIONEER'S NOTE: Sale is subject to 5 residential year-round rentals (month to month). Preview: Day of sale from 12:30 PM and by appointment with Auctioneers. Title Insurance Available 5% Buyer's Premium Payable to Auctioneer Due At Closing Terms: $10,000 deposit by cash, certified check, or bank cashier's check at time of sale. Additional deposit due within 5 business days that when combined with initial deposit will bring total deposit to 10% of bid price. Balance of purchase price due within 45 days from date of sale. Other terms may be announced at time of sale. All information herein is believed but not warranted to be correct. Interested parties are advised to make independent investigations of all matters they deem relevant.
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*Lien information has been provided by third parties. We believe this information to be correct but do not warrant its accuracy.