701 Rt, 202, Monmouth, ME 04265

The above stated price is the tax assessed value and a place holder only. The lender reserves the right to bid at the auction. - Real Estate Foreclosure Auction 25-72 - 2,941+/-SF 4BR Ranch Home w/ In-Law Apartment - 12.18+/- Acres - 701 US Route 202, North Monmouth, Maine - Wednesday, June 11, 2025 at 11AM - Real Estate: Consists of a 12.18+/- acre parcel with 800+/- ft. on US Rt. 202. Improving the site is a circa 2003 ranch style home (2,941+/-SF) designed with 9-rooms including 4-bedrooms, 2-baths, kitchen, dining area, living room, pantry, and 2-patios. The basement is partially finished with an in-law apartment designed with a kitchen, living room, 1-bedroom, and 1-bath. Other features include oil fired HWBB heat, air exchanger, generator hook-up, alarm system, a rear deck, former salon area, walk up attic and an attached 2-car garage. Reference Tax Map 40, Lot 4-1 . - Preview (Pending Access): Friday, May 30, 2025 from 11AM-12PM  Buyer's Broker Participation Program Available. Contact Auctioneer's Office for Qualifications. - Directions: From the inersection of Rt 202 and Rt. 132, follow Rt. 202 west .3 miles to the property on the right. - Terms: A $10,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to Demerle & Associates P.C. (deposited with the Auctioneer as a qualification to bid), 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. Buyer will be responsible for an auction fee of 5% of the purchase price to be paid at the time of closing. All other terms will be announced at the public sale. For a Property Information Package contact the auctioneers office and request by auction #25-72. Our 53rd Year and 8,763rd Auction.