661 Allen Ave, Portland, ME 04103

Real Estate Foreclosure Auction 20-103 ~ 4BR Colonial, 3,564+/-SF - Garage/Shop Building - Gated 1.65+/- Acres 661 Allen Ave., Portland, Maine ~ Auction Date: Thursday, September 17, 2020 at 11AM. Auction will be held off premises at 524 Allen Ave. at the church parking lot. Be prepared for inclement weather. The above state price is the tax assessed value and just a place holder. The lender reserve the right under Maine law to bid at the foreclosure sale. ~ Real Estate: Consists of a 1.65+/- acre private parcel with a long gated driveway. Improving the site is a circa 2008 2.5 story colonial style home (3,564+/-SF) designed with 12-rooms including 4-bedrooms, 3.5-baths, kitchen, dining room, living room, family room, sun room, laundry, finished basement with sauna, deck, and covered porch. There is an attached 2-car garage that is currently set up with 1-bay for an auto and 1-bay that has been finished into an office with a private entry and bathroom. The property is also improved with a 60'X60' workshop/garage improved with 3-OH doors, and a HVAC system. Ref. Tax Map 398-B-16 and 399-F-4 ~ Inspection: To be notified if an inspection of the property will be available prior to auction, contact Auctioneer's office. ~ Terms: A $10,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Co., Inc. (deposited with the Auctioneer as a qualification to bid), deposit to be increased to 10% of the final purchase price within 5 business days of the sale, with balance due and payable within 30 days from date of auction. The property will be sold by public auction subject to all outstanding municipal assessments. Conveyance of the property will be by release deed. All other terms will be announced at the public sale. Our 48th Year and 8,260th Auction.