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Up for auction is a .20 Acre lot located on Towamencin Avenue, Upper Gwynedd Township, Pennsylvania. This property is located between 717 and 723 Towamencin Avenue.
This lot is a former public water well which has since been abandoned per PA DEP guidelines. It has a brick well house, a utility pole, and a 20' water line utility easement on it. It is a non-conforming lot and does not meet setback requirements. You cannot build a home on this site. See the attached documents included with this bid listing.
It is the buyer’s responsibility to verify the conditions of the items before bidding.
Terms of Sale: The seller, North Penn Water Authority, reserves the right to cancel any bids, end the auction early, or cancel the auction without notice for any reason. All sales are final, all items are sold as is, where is. It is the buyer’s responsibility to verify the condition of the item before bidding. At the conclusion of the bid, the winning bidder has 30 days to respond, schedule a closing date and complete the transaction, in accordance with the Agreement of Sale. If bidder is unresponsive, the listing will be offered to the second highest bidder.
Inspection / Auction Preview: Items can be previewed by appointment only. To set up an appointment to preview this item, contact Jon Hartzell at JHartzell@NPWA.org or (215) 855-3617 x139 .
Payment: We can only accept certified check, cashier’s check, or money order. We cannot accept credit card payments.
Transaction: The winning bidder will make an appointment to complete the transaction as soon as possible after winning the auction.
Q: What are the taxes projected to be on the property?
A: The assessed value of the property is $8,920. Please contact the Upper Gwynedd Township Tax Collector who should be able to provide you with an estimate of the property tax.
Q: Can you tell me what the property taxes are each year on this property? Can you also tell me an idea of what you pay to ensure the property for liability?
A: We are a municipal authority so we do not pay taxes. We have umbrella liability for all of our properties so it would be difficult to break that out for this small property.
Q: So, this is just an expense lot- insurance, taxes and maintenance?
A: Yes.
Q: if i decided to renovate the old building that is there .could it be used as a home:? is there water and swear at the street . if not could the building be used as a office for a company?
A: The building is not suitable for a use that requires occupancy. It cannot be used for that purpose.
Q: Why are you not making it clear as day that this is a Junk lot, and not residential?
A: From the item description. "It is a non-conforming lot and does not meet setback requirements. You cannot build a home on this site."
