I received a notice from an antique auction site that caught my attention. Although fairly common in some parts of the country, I don’t recall the last time I saw a house and its contents on the auction block in Tredyffrin Township.
On July 16, a ranch style house at 788 N. Valley Road in Paoli is going to be auctioned (open house is this weekend) — details are in the advertisement below. The property includes 3.2 acres and is a fixer-upper. This is a lovely area of the township and my guess is someone may buy it and rather than fixing the house, will knock it down for the property. I’m sure that there is story behind this auction as I am on this road almost every day and there was not a ‘for sale’ sign, so appears that it is going directly to auction. Is this auction an isolated situation, sign of the economic times or foreshadowing of what’s to come.
OPEN HOUSE JULY 8th, 9th & 12TH FROM 2-5 PM
ON SITE REAL ESTATE AUCTION
SATURDAY JULY 16, 2011 AT 1:00 PM
788 N. VALLEY ROAD, PAOLI, PA 19301
VALLEY GREEN NEIGHBORHOOD
TREDYFFRIN- EASTOWN SCHOOL DISTRICT
OFFERING 3.2 ACRES, RESIDENTIAL, WITH A ONE STORY BRICK RANCHER FIX ME UPPER.
PROPERTY INSPECTION: JULY 8TH , 9TH & 12TH FROM 2-5 PM.
TERMS: $20,000.00 CERTIFIED FUNDS DUE AT KNOCKDOWN. SETTLEMENT 30-60 DAYS. THIS PROPERTY IS BEING OFFERED SUBJECT TO OWNER CONFIRMATION.
ANTIQUES AND PERSONAL PROPERTY WILL START AT 10:30 AM.
GEORGE H. WILSON, AUCTIONEER, AU-001020-L
610-955-9417 OR 610-283-8469