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1/4 Interest of a Single Family Home Located in Selma, Oregon! – Sold for $10,100

 DESCRIPTION OF ITEM
1/4 Interest in an Improved Lot with a Single Story Home located at 5646 Thompson Creek Rd. Selma, OR 97538. Parcel #R3275782(easement) & R327578, Legal: Section 34, T385, R7W, Willamette Meridian. The Lot size is 5.17 Acres. The house was built in 1970 and it has an unfinished attic that is 220 Square Feet & a Shed/Hay Cover. According to the Assessor, the 2012 taxes of $831.63 have been paid.  There are no past due taxes. The picture below is an aerial view of the home taken from Zillow. There is a relative currently living in the house. A hearing will be required at the completion of the sale to finalize the purchase of the 1/4 Interest in the property.

IMPORTANT LEGAL INFO
CSAssets specializes in the liquidation of Bankruptcy Assets and Personal Assets. All Bankruptcy Assets are sold “AS IS WHERE IS” with no warranties implied or stated. The Seller and the Bankruptcy Trustee are not responsible for issues, if any, with the title, the condition of the property, or any liens or encumbrances against the property. CSAssets has to rely on the property description that has been provided by the County Offices and the Debtor. CSAssets cannot guarantee that all of the information is accurate. The Buyer will be entirely responsible for this property after the sale, including but not limited to: paying any fees associated with the transfer of the property, the recording of the deed and transfer of  Title and the gathering of any documentation necessary for that process. The Seller and Trustee are Not Realtors. CSAssets and the Trustee shall be under no obligation to the buyer except to provide the Buyer with a Trustee’s Deed for the property. CSAssets recommends all bidders perform their own due diligence PRIOR to bidding on this item. As with any Bankruptcy case, this sale may be subject to court approval. Please read all sections of the ad carefully, particularly for real estate sales.

LIENS There are no past due taxes. We do not know of any liens.

LOCATION INFO
Located in Southwestern Oregon, Josephine County is bordered on the south by California and the Pacific coast is just two hours away. Josephine County was created by the Territorial Legislature on January 22, 1856, from the western half of Jackson County. Josephine County was named for Josephine Rollins, the first white woman to settle in southern Oregon.  Josephine County is mountainous, but also has two major valleys and three rivers; the Rogue, the Applegate and the Illinois. These scenic rivers are world renowned for whitewater rafting and fishing. Many Josephine County Parks are situated on the Rogue River; these parks offer camping and great activities such as disc golf, hiking, volleyball, softball and fishing. One point of interest in Josephine County is the Grave Creek Covered Bridge; this is one of the few functional covered bridges that remain in southern Oregon. This Historic bridge is the only covered bridge visible from the Oregon I-5 freeway. Actor John Wayne used to visit a ranch that is one mile west of Selma that is now called “The Deer Creek Center for Field Research and Education”. It used to just be called “The Deer Creek Ranch”. A friend of his used to own the ranch, and John Wayne used to keep some of his horses there.

NOTES
This is all we know about this asset. A title search has NOT been performed on this item. CSAssets does not provide title insurance. If title insurance is desired, the buyer will be responsible for obtaining it through a Title Company. A document preparation fee of $200 will apply and will be included in the total of your invoice. Any fees/liens owing on this item are not part of the final bidding price.  Serious Bidders Only. A bid submitted by a potential Buyer is an agreement to our Terms. The eBay disclaimer regarding “contract to purchase” does not apply to our U.S. Bankruptcy Court Ordered Sales. Potential Buyers should not bid unless the fully intend to complete the sale.

Item ID: Gabel01

Case Name: James & Suzanne Gabel

Case Number: 11-27047-EPB