property information package - auction … · nbhd/ sub nbhd name street index name tracing i...

RPROPERTY INFORMATION PACKAGE

Thank you for your interest in the Auction. We have compiled the following Property Information to assist you in your research. Please understand that this package is for informational purposes only. Most of the

information contained herein has been obtained from public sources and our client. Although the information is believed to be accurate, bidders must verify, on their own behalf, all information. No representations or

warranties are made with respect to the accuracy or validity of the information in this package. We strongly suggest that you do your own research with regard to the property.

Mortgagee’s Sale of Real Estate at Auction

To be sold on the premises

289 South Main Street, Gardner, MA

AMG Reference #: 917

If you would like to view our “Auction Handbook”, go to www.auctionmarketinggroup.com or call to receive a copy by mail. If we

can be of further assistance, please feel free to call our offices at any time.

508-842-1900

Tuesday, June 30, 2009 - 10:00 AM

PROPERTY INFORMATION SHEET No warranty or representation is made concerning the accuracy of the following information.

Property Address: 289 South Main Street, Gardner, MA Recorded at: Worcester District Regitrty of Deeds, Book 42041, 98 Auction Date: June 30, 2009 Auction Time: 10:00 AM Land Area: 49,658± SF Building Area: 50,809± SF Zoning: Commercial II Taxes: $6,601.66, FY 2009 Assessed Value: $505,100 Water/sewer: city/city Year Built: 1880± & 1950’s Features: This former furniture retail site with visibility from Route 2

features 50,809+/- SF on three levels, 3 restrooms, two loading docks, office space, wet sprinkler system, 1000 lbs freight elevator(s), oil heat, 11' basement height, 9' upper level heights, loading docks on the basement and first floor levels, public water & sewer, natural gas available, solar collector array and, is situated on a 49,600+/- SF lot zoned Commercial II. Ref #917..

Directions: Route 2 to exit 23 to South Main Street Terms: $10,000.00 non refundable deposit shall be paid in cash or bank cashier's check by the purchaser at the time and place of sale, and the balance to be paid in cash or by certified or bank cashier's check at the offices of D’Amico & Chenelle, 33 Waldo Street, Worcester, Massachusetts, 01608, within 30 days of the sale. All bidders must exhibit said required deposit to the auctioneer immediately prior to the auction sale in order to qualify as a bidder. Other terms to be announced at the sale. Not a representation or warranty by the auctioneer, mortgagee or their attorney. Auctioneer not responsible for errors or omissions.

Auction Marketing Group Email: [email protected] PO Box 107 Phone: (508) 842-1900 Shrewsbury, MA 01545 Fax: (508) 925-4677

289 S Main St, Gardner, MA 01440 - Google Maps http://maps.google.com/maps?oe=utf-8&client=firefox-a&ie=UTF8&cid=...

1 of 1 6/15/2009 1:00 PM

Property Location:289 S MAIN ST

Vision lD:.4925 Account #

MAP lD: S-18/ 25l 8/ / Bldg Name:

lofl Sec#: 1 ofBldg #: Card ofState Use:3220

Print Date: 0512712009 10:19

316GARDNER, MA

VISION

KOTOSKI WILLIAM P JR & MATTHBILLET TRS LAINE & AIDAN RE TRPO BOX 70

GARDNER. MA 01440tional Owners:

Rolling \ll Public Paved iu burban )escription Code Apprnised Value Assessed l/alue

]us. Districl :OMMERC.]OM LAND]OMMERC.

322032203220

4l 5,50082,400

7,200

4t 5,50(82,40(

7,20(SUPPLEMENTAL DATA

)thcr ID: 05-18 00025 05343iub-Div)hotoVard)rec,

?IS ID: ASSOC PTD# Totat 505,10( 505,10(RECARD OF OWNERSH P BK-VOL/PAGE ISAL DATE x/a v/i SALE PRICE

"/.c,P RE V I O U S A.'SESSMENTS ( H 1 S TO R Y )

KOTOSKI WILLIAM P JR & MATTHEW SKOTOSKI WILLIAM P JRWILLGEN INCI{ SMITH COLONIAL SHOP

42741/ 32142041/ 29537913/ 230071 04/00s8

t2t03/2007t1/07 /2007| 1 i30l200s

U

UU

III

I1

625,0000

1B1BIC

Yr. Cotle Assessetl [/n]ue ,r Code 4ssessecl Value Yr Code Assessed Valuel0I0t0l 0t010

322032203220

4l 5,50082,400

'1,200

009nno

322032203220

41 5,50[82,400

7,204

r008r008r008

322032203220

4l 5,50082,400

8,000

Tolal: 505.1 00 Total 505.100 Tolal: 505.90(EXEMPTIONS OTHER ASSESSrtTENTS This sigilature acknowledses a visit bv a Data Collector or Assessor

Year Tvoe Descriotion | ,4nrourrl Code )esc ripliott NLmtber Anowt Comm. Int

A P PRA I S E D )'A L U E S b iVI I}I ARY

Appraised Bldg. Value (Card) 393,100

Appraised XF (B) Value (Bldg) 22,400

Appraised OB (L) Value (Bldg) 7,200

Appraised Land Value (Bldg) I 82,400

Special Land Value 0

A SS ES S I N G NE IG HB O RHOODNBHD/ SUB NBHD NAME STREET INDEX NAME TRACING I g,A.TCU

0001/A

NOTES

R SMITH COLONIAL SHOP

SOLAR PANELS

FUNC: MULTI STORY

505,100

C

0

0

BUILDING PERMIT dECORD

fralue 505,100

VISIT/ CHANGE HISTORYlssue I)nte Tvne Anoun/ lnso Date ?i (;omn Dnle. Cornn )ommenls Date Tvne /,s ID cd. Purpose/Result

3t23t79984t8^981

RM 00 easur*Listed

LAND LINE I/ALUATION SECTIONB Use Use

Code Descriptiorr

3220 Retail >10,000 SF3220

[Retail >10,000 SF

1

Zone D ltolqgeIJnit

Depll u11ts L Pt'ice [. Factor1.001.00

AcreDisc C. Factol ST. tdx Adr Notes- Adi Snecial Pricin \di tjnit Pric€ Value

INDIND

43,560 SF0.14 AC

7.6672,300.00

A0

1.0000 1.00 c61.0000 1.00 c6

l

i

1.001.00 ITE

r.6672,300.00

72,30010,1 00

Total Card Land Units: 1.14 AC Parcel Total Land Area .14 AC I fotal Land Value: 8

Property Location:289 S MAIN ST

Vision lD:4925 Account #

MAP ID: 3-181251 8l IBldg #:

Bldg Name:

Sec #: I of1of 1 1 CardState Use:3220

Print Date: 0512712009 10:.19

CONSTRACTION DETAIL ('ON STR UCTI O N D E TA T I, (CO NTINUE D )

Element !)C! )Descriprion Elemenl Cd lCh.lDcscriprion

c

HeaVAC

frame Type

tsaths/Plumbine

beiline/WallRooms/PrtnsWall HeightP% Comn Wall

8

6

-l

lWhse Ind!ndustrialAverage

0

2

2

6

2 IVERAGE

MIXED ASECode Percentose3220 letail >10.000 SF 100

COST/MARKET VALUATION.dj Base Rate:ection RCN:let Other Adj:eplace CostYBYBrep Code

emodel Ratingear Remodeledtep Yo

unctional Obslncxtemal Obslncost Trend Factorondition, Completeverall % Condpprais Valep ok Ovrep Ow Commentlisc Imp Ovrlisc lmp Ovr Commentost to Cure Ovrost to Cure Ovr Commenl

5.4382,717.00

282,717l 8801 983

t50l0

I

Io393,1 00

IP

b

OB-OUTBUILDINC & YARD ITEMS(L) / XF*BUILDING EXTRA FEATURES(B),-.-t-

PAVlSPRI

,000 1.80| ,93; 1.75

BATLDTNG SUB-ARNA

No Photo On Record

SUMMARYSECTION

e, (Average) I

Ff oor i 2l

ch. Open. Finishedrer Storv. Finished

ding Platform, Unfi nished

4r.96 40,28125.43 556,61'7.63 7,46.36 l,

25.43 230.

Assessment and Sales Report

Location & Ownership Information

Address: 289 S Main St, Gardner, MA 01440-3327

Map Ref.: M:S-18 B:0025 L:0008 Zoning:

Owner 1: William P Kotoski Jr

Owner 2: Matthew S Kotoski

Owner Address: Po Box 70,Gardner, MA 01440

Property Information

Use: Department Store Style:

Levels: 2 Lot Size: 1.14 Acres (49658 sqft.)

Year Built: 1880 Total Area: 56135 sqft.

Total Rooms: 0 Living Area: 31928 sqft.

Bedrooms: 0 First Floor Area: 0 sqft.

Full Baths: 2 Addl Floor Area: 0 sqft.

Half Baths: 0 Attic Area: 0 sqft.

Roof Type: Flat Finished Basement: 0 sqft.

Heat Type: Steam Basement: 0 sqft.

Fuel Type: Oil Basement Type:

Exterior: Aluminum Siding Attached Garage: 0

Foundation: Other Garage: 0

Air Conditioned: No Fireplaces: 0

Condition: Average

Assessment Information

Last Sale Date: 11/30/2005 Last Sale Price: $625,000

Last Sale Book: 37913 Last Sale Page: 230

Map Ref.: M:S-18 B:0025 L:0008 Tax Rate (Res): 13.07

Land Value: $82,400 Tax Rate (Comm): 13.07

Building Value: $422,700 Tax Rate (Ind): 13.07

Misc Improvements: $0 Fiscal Year: 2009

Total Value: $505,100 Estimated Tax: $6,601.66

Mortgage History

Recent Mortgage #1

Buyer Name: Laine & Aidan Rt Lender Name: Bay Colony Dev Corp

Mortgage Amount: $280,000 Mortgage Date: 11/13/2007

Mortgage Book: 42059 Mortgage Page: 330

Recent Mortgage #2

Buyer Name: Laine&aidan Rt Lender Name: Flagship Bk Tr Co



Recent Mortgage #3




Recent Mortgage #4


H3MLS - Assessment and Sales Report http://h3n.mlspin.com/tools/publicrecord/view.asp?uid=358714634&id=...

1 of 2 5/26/2009 3:12 PM



Recent Mortgage #5

Buyer Name: Willgen Inc Lender Name: Mansfield Cp Bk



Recent Mortgage #6

Buyer Name: Willgen Inc Lender Name: Mansfield Cp Bk


Mortgage Book: 37913 Mortgage Page: 261The information in the Public Record is set forth verbatim as received by MLS PIN from third parties, without verification or change.

MLS PIN is not responsible for the accuracy or completeness of this information.


2 of 2 5/26/2009 3:12 PM

Assessment and Sales Report

Location & Ownership Information

Address: 289 S Main St, Gardner, MA 01440-3327

Map Ref.: Zoning:

Owner 1: Willgren Inc

Owner 2: Willgen Inc

Owner Address: 289 S Main St,Gardner, MA 01440-3327

Property Information

Use: Style:

Levels: 0 Lot Size: 0 Acres (0 sqft.)

Year Built: Total Area: 0 sqft.

Total Rooms: 0 Living Area: 0 sqft.

Bedrooms: 0 First Floor Area: 0 sqft.

Full Baths: 0 Addl Floor Area: 0 sqft.

Half Baths: 0 Attic Area: 0 sqft.

Roof Type: Finished Basement: 0 sqft.

Heat Type: Basement: 0 sqft.

Fuel Type: Basement Type:

Exterior: Attached Garage: 0

Foundation: Other Garage: 0

Air Conditioned: No Fireplaces: 0

Condition:

Assessment Information

Last Sale Date: 11/30/2005 Last Sale Price: $625,000

Last Sale Book: 37913 Last Sale Page: 230

Map Ref.: Tax Rate (Res): 12.57

Land Value: $0 Tax Rate (Comm): 12.57

Building Value: $0 Tax Rate (Ind): 12.57

Misc Improvements: $0 Fiscal Year:

Total Value: $0 Estimated Tax: $0.00The information in the Public Record is set forth verbatim as received by MLS PIN from third parties, without verification or change.

MLS PIN is not responsible for the accuracy or completeness of this information.


1 of 1 5/26/2009 3:13 PM

MORTGAGEE'S NOTICE OF SALE OF REAL ESTATE

By virtue and in execution of that certain mortgage given by William P. Kotoski, Jr. and Matthew S. Billet, Trustees of Laine & Aidan Real Estate Trust u/d/t dated November 1, 2007 and recorded with the Worcester District Registry of Deeds at Book 42041, Page 284, to Flagship Bank and Trust Company dated November 6, 2007, and recorded with the Worcester District Registry of Deeds at Book 42041, Page 298, for breach of conditions of said mortgage and for the purpose of foreclosing the same, said premises, and the buildings thereon, will be sold at Public Auction at 10:00 A.M. on the 18th day of June, 2009, on the mortgaged premises at 289 South Main Street, Gardner, Worcester County, Massachusetts, all and singular, the premises described in said mortgage:

To Wit: A certain parcel of land, with the buildings and other improvements thereon, situated on the southwesterly side of a relocation of Route 2, the northerly side of Victoria Street, and the easterly side of South Main Street, in Gardner, Worcester County, Massachusetts, more particularly bounded and described as follows: Beginning at a northwesterly corner thereof, at the northeasterly terminus of South Main Street at a point in the southwesterly side of a relocation of Route 2 as laid out in the 1961 alteration; Thence the following four courses by line of Route 2: S. 60° 01’ 56” E., about 125 feet; N. 14° 28’ 04” E., 52.12 feet; S. 55° 58’ 26” E., 210.31 feet; and Southeasterly, by a curve to the right having a radius of 1,200.00 feet, a distance of 117.57 feet to a corner of land formerly of Modern Contract Furniture, Inc.; thence S. 78° 27’ 40” W. by said Modern Contract Furniture land, about 5 feet to a point in the northerly line of Victoria Street; thence N. 85° 47” W., by Victoria Street, about 330 feet to land now or formerly on the Boston and Maine Railroad; thence Northerly, by a curve to the left, by said Railroad land, about 75.5 feet to the easterly line of South Main Street, thence N. 3° 34’ 48” E. by South Main Street about 137.24 feet to the southwesterly line of

Route 2 and the point of beginning. Containing about 49,600 square feet. The above described premises are conveyed subject to the following rights to the extent that the same are still in force and applicable:

1. Right of way for any and all purposes over a strip of land, 15 feet in width, lying easterly of and adjacent to the above described course running by land of the Boston and Main Railroad.

2. Rights granted to the Commonwealth of Massachusetts to erect and maintain retaining walls on or adjacent to the herein granted premises where the premises abut Route 2 and Victoria Street, which connects South Main Street and Pearson Boulevard.

3. Slope and drainage easements to the City of Gardner in regard to the construction of Pearson Boulevard.

Hereby conveying the same premises described in a deed of Willgen, Inc. to William P. Kotoski, Jr. and Matthew S. Billet, Trustees of Laine & Aidan Real Estate Trust recorded in Book 42014-295.

The description of the premises contained in the mortgage shall control in the event of a typographical error in this publication. TERMS OF SALE: $10,000.00 non refundable deposit shall be paid in cash or bank cashier's check by the purchaser at the time and place of sale, and the balance to be paid in cash or by certified or bank cashier's check at the offices of D’Amico & Chenelle, 33 Waldo Street, Worcester, Massachusetts, 01608, within 30 days of the sale. All bidders must exhibit said required deposit to the auctioneer immediately prior to the auction sale in order to qualify as a bidder.

Said premises will also be sold subject to and/or with the benefit of any and all rights of way, easements, restrictions, covenants, conditions, reservations and agreements of record, to the extent that the same are in force and applicable, outstanding taxes, tax titles, municipal or other public liens or assessments, water bills, sewer bills, liens or claims in the nature of liens, all existing encumbrances of record created prior to this mortgage, and the right of redemption of the United States of America, if any. It shall be the bidders' sole responsibility to ascertain all items described in this paragraph and no representations are made concerning compliance with applicable zoning regulations. The mortgaged premises, if occupied, shall be conveyed subject to existing occupancies and/or tenancies.

This sale may be postponed or adjourned from time to time, if necessary, by the Attorney for the mortgagee at the scheduled time and place of sale.

Other terms, if any, to be announced at the sale. The successful bidder shall be

required to sign a Memorandum of Terms and Conditions containing the above terms at the sale.

If the highest bidder fails to complete the purchase of the premises on the terms provided in this notice and in the Memorandum of Terms and Conditions signed following the sale, the Mortgagee reserves the right to sell the premises to the second highest bidder (or each subsequent highest bidder thereafter) who will then have three (3) days to deliver the deposit specified above to the Mortgagee's attorney as herein indicated, and to agree to a closing date for payment of the remaining balance of such subsequent highest bid and transfer of deed that is within thirty (30) days thereafter.

Present Holder of Said Mortgage FLAGSHIP BANK AND TRUST COMPANY

By Its Attorney Howard B. D'Amico, Esquire D’Amico & Chenelle 33 Waldo Street Worcester, MA 01608

Auction Marketing Group, Auctioneer (508) 842-1900

ADDITIONAL TERMS 1. The successful bidder shall be required to execute a memorandum of sale upon acceptance of the bid. 2. The successful bidder shall deposit the required deposit with the auctioneer which deposit shall be forfeited if, after the premises are sold to him, the bidder shall refuse to execute a memorandum of sale, or if, after signing, the bidder does not perform his part of the agreement. In case of forfeiture, the deposit shall become the property of the seller and such forfeiture by the purchaser shall not release him from his agreement. 3. No adjustment shall be made for real estate taxes, assessments, or other municipal charges, liens or claims in the nature of liens, as the successful bidder shall take the property subject to all taxes, charges, assessments and liens up to the date of delivery of the deed. 4. The title to the premises shall be that which was conveyed by mortgage deed to the mortgagee and the purchaser shall take title to the premises by the usual deed under power. 5. Bids shall only be accepted in increments of Five Hundred dollars or more. 6. The premises shall be conveyed subject to any tenants in occupancy and subject to any leases, if any, affecting said premises. 7. No representation is made by the mortgage holder whether the present tenancies are subject to rent control, or what, if any, the monthly rental income is from such tenancies. 8. Said premises shall be sold and conveyed without representation or warranty as to their condition, construction, or fitness for habitation, or whether they conform to applicable state or local building and sanitary codes.

property information package - auction … · nbhd/ sub nbhd name street index name tracing i...

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