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Homes for Sale by Bidding Event

Lakeview Living

3 Bed 1.5 Bath 1,332 SQ FT .18 Acres
19 Lakeview Dr
Smithfield, RI 02828
Starting Bid $391,000
Ending: May 8, 2024 7:00 PM EST

Type

House

Sq Ft

1332

Bedrooms

3

Lot Size

7840

Bathrooms

1.5

Year Built

195

CALLING ALL BIDDERS!! WATER VIEW!! Bidding for this property will start at $391,000, with a "Buy-It-Now" price of $445,000!!
Come home to this 3 Bed, 1.5 Bath, Ranch, offering a year-round view of Slack's Pond (also known as Slack's Reservoir) in Smithfield's desirable Greenville neighborhood. The pond is a beautiful 150-acre recreational escape, dedicated to locals only, offering year-round fishing; seasonal boating and kayaking; plus summertime swimming at Slack's Pond Beach.

BONUS... this property does NOT require flood insurance! That's a WIN!

The neighborhood is close to all of the many dining and shopping amenities that Rt. 44 is known for, yet it's closed off from outside traffic, creating a safe haven for relaxing strolls to the water and more.

The home was originally built in 1945 and blends a combination of rustic charm with new century updates. The oil heat is supplemented by a propane gas fireplace and the roof is only 11 years (young) but many upgrades are less than 5 years old, including: A cozy 14x14 addition with combination A/C & heating unit; new driveway; premium gutter guards; new shower renovation; newer windows with transferable warranty; and most recently... a brand new 20 gallon well water tank (complete with water softener).

On top of all that, you'll save on your electric bill with solar panels, complete with a TESLA power bank. And if that wasn't enough... you can take advantage of the 4.125% ASSUMABLE MORTGAGE for an even greater opportunity to own this happy home.

Please do not walk on property without an appointment. Open House will be from Noon till 2:00 PM on Saturday, March 30th, and then again on Saturday, April 6th.

**Private Appointments can only be confirmed upon delivery of Buyer's Proof of Fund or Loan Letter in advance.**
** Buyer Agent must be procuring cause to receive compensation of 3% NS.**

For immediate VIP access, contact THE BENNETT TEAM to schedule your in-person tour before it's gone!

Property is subject to a 7% buyer paid premium to be added to the accepted bid.

Please download the EZ RE Platform Addendum (behind the paper icon next to the "SUBMIT DOCUMENTS HERE" button, and have both buyer and agent sign. Once that is done, come back and click the "SUBMIT DOCUMENTS HERE" button, and upload the signed addendum along with the buyers Pre Approval letter or Proof of Funds if a cash buyer. Please allow 2 business hours for us to verify your documents and establish a bidding capacity for you.

Ending: May 8, 2024 7:00 PM EST

Required documents to download & submit for this property:

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Contact Agent

Donnie Bennett
Blackstone Ocean Properties
Info@BlackstoneOcean.com
401-269-9615

Buyers and agents can bid online anytime from the beginning until the end of the published sale date.

 

Buyers/bidders acknowledge that all bids are public and 100% transparent to all parties, without exception. 

Once the seller accepts the selected bid, the entire process will proceed like a traditional real estate transaction. The buyer will submit a signed contract to the seller with the final sales price being the highest bid offer plus the buyer’s premium.  The seller will open escrow with all of the buyer’s contingencies and inspection time frame outlined in the contract. For more information contact Listing Agent!

SELLER RESERVES THE RIGHT TO ACCEPT, COUNTER OR REJECT ANY BID!

What is the “Buyers Premium” – Using our EZ Real Estate Offers option, real estate commissions can be paid by the seller, the buyer, or both. When the buyer’s paying the commission it’s called “Buyer’s Premium”. (Highest Bid + Buyer’s Premium = Sales Price)
 
The Selected Bidder shall provide a purchase contract within 24 hours from the time of acceptance of the selected bid by the seller. If the buyer will not provide the purchase contract within the time frame specified above, the seller reserves the right to accept other offers!

For information on how to get approved and bid online Click Here!



IMPORTANT DETAILS

In order to place a bid/offer on any property available by our online sales, you must REGISTER and create an account at the URL above. If you are working with an Agent, you will need to provide us with their contact information.

By creating your account, you agree to accept AND you understand the Terms and Conditions of the online sales process and this bidding platform.

In addition, you must either provide Proof of Funds if paying in cash OR a FULL Underwritten Loan Approval Letter From A Mortgage Lender prior to getting access to the bidding area. Registration and documents must be received NO LATER than 12:00 pm PST on the last day of the sale.

If you are not registered and/or you have not provided suitable documentation by 12:00 pm on the day of the sale, you will NOT be allowed to bid on a property!

Also, we STRONGLY encourage you or your agent to log in to your account prior to the end of the bidding time on the property you wish to bid on. It is IMPORTANT to understand the steps and functionality needed to place your bid. Technical or agent support will not be available after 12:00 pm on the final day of the sale.


Bid Increments – You may continue bidding within the limits of your proven funding. Increments can vary depending on the listing price of the property anywhere from $1,000 to $2,500.


Bidding Auto Extend – Our system Prevents Last Second Bidding by Automatically Extending the Bidding Time. Please make your final bid before 5 seconds to allow the site to refresh.

Attention Selected Bidders! – If You Are The Selected Bidder: Please have your agent submit a signed purchase agreement to the seller within the time specified in “sale terms and conditions” (please see the posting details). If you do not have an agent, please Contact Us.

Information deemed reliable but not guaranteed and subject to change without notice!

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