Town of Oxford

PRO
OPER
RTY IN
NFOR
RMAT
TION PACK
KAGE
E
Thank you
u for your interrest in the Au
uction. We ha
ave compiled the following Property Info
ormation to asssist
you in yourr research. Please
P
undersstand that thiss package is for
fo information
nal purposes only. Most of the
information contained
c
herrein has been
n obtained from public sourrces and our client. Althou
ugh the inform
mation
is believed
d to be accura
ate, bidders must
m
verify, on
n their own be
ehalf, all inform
mation. No re
epresentation
ns or
warranties are
a made with
h respect to th
he accuracy or
o validity of the
t informatio
on in this packkage. We stro
ongly
sugg
gest that you do your own research with
h regard to the
e property.
Mortgagee
M
e’s Sale of
o Real Esstate at Au
uction
To be sold
d on the premise
es
120 So
outhbriidge Sttreet, North Ox
xford, MA
M
Wed
dnesday
y, Janu
uary 7, 2008
2
- 10:00
1
A
AM
AMG Refe
erence #:
9
903
If you
u would likee to view our
o “Auctioon Handboook”, go too
www.a uctionma
arketingggroup.com
m or calll to receivee a copy byy mail. If we
w
can be of furth
her assistannce, pleasee feel free to
t call our offices at any time.
508--842-1900
PROPERTY INFORMATION SHEET
No warranty or representation is made concerning the accuracy of the following information.
Property Address:
120 Southbridge Street, North Oxford, MA
Recorded at:
Worcester District Registry of Deeds, Book 33863, Page 303
Auction Date:
January 7, 2008
Auction Time:
10:00 AM
Land Area:
10.58± Acres
Building Area:
I, 848± SF Showroom - 9,255± SF Manufacturing Buildings
Zoning:
General Business
Taxes:
$7,748.86, FY 2008
Assessed Value:
745,800
Water/sewer:
Private/private (Title V Compliant)
Year Built:
1972 & 2002±
Features:
This commercial facility features a 1800+ SF showroom and
over 9500 SF of manufacturing space, fully insulated steel
construction on slab, 18' to 20' high, 8 overhead doors up to
15'. The 2002 portion (4,000 SF) features radiant floor heat.
The level 10+ acre lot has 895± foot frontage on Route 20.
Ref# 903.
Directions:
Route 20 west, on the left (south side) just 1/4 mile west of
Route 56.
Terms:
$25,000.00 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 (thirty) 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
PO Box 107
Shrewsbury, MA 01545
Email: amg1000@cs.com
Phone: (508) 842-1900
Fax:
(508) 925-4677
120 Southbridge Road, Oxford, MA - Google Maps
Page 1 of 1
Address 120 Southbridge Rd
MA 01537
http://maps.google.com/maps?f=q&hl=en&geocode=&q=120+Southbridge+Road,+Oxfo... 12/17/2008
Town of Oxford
Summary Record Card
Tax Map # 08 -A04.01
Property Address:
Owner:
120 Southbridge Rd
120 SOUTHBRIDGE LLC Since August 2001
C/O LEAMAR INDUSTRIES
171 LOCKE Dr suite 114
MARLBORO, MA 01752
Back to Property Information
Class
Nbhd
Size Total
Page 1 of 6
321 Bldg Materials For Retail
Industrial Better
10.58 Acres
Property Type
Zonning
3 Commercial
GB General Business
11/30/1999
Date
FY 2008
C.A.M.A.
$745,800
Method Use
Appr. Value
Mass Appr. Info.
Land
Building
$374,000
$360,300
Building Summary
Bldg Id. 749.1 - 120 Southbridge Rd
Bldg. Style
Light Industrial-S
Bldg Id. 6103.0 - 120 Southbridge Rd
Bldg. Style
Comm Garage - C Bldg
Back to Property Information
Land Ag.
Misc.
$11,500
Inc. GRM
Inc. DIR
Comp. Sales
$724,300
Bldg Model
Industrial
Occupancy
Light Industrial-S
EYB
1985
AYB
1972
Total Val.
$308,500
Bldg Model
Commercial
Occupancy
Comm Garage-C
EYB
AYB
1972
Total Val.
$65,500
TOTAL VALUE
$374,000.00
Page 1 of 6
Town of Oxford
Summary Record Card
Tax Map # 08 -A04.01
Property Address:
Owner:
120 Southbridge Rd
120 SOUTHBRIDGE LLC Since August 2001
C/O LEAMAR INDUSTRIES
171 LOCKE Dr suite 114
MARLBORO, MA 01752
Back to Property Information
Class
Nbhd
Size Total
Page 2 of 6
321 Bldg Materials For Retail
Industrial Better
10.58 Acres
Property Type
Zonning
3 Commercial
GB General Business
11/30/1999
Date
FY 2008
Method Use
Appr. Value
C.A.M.A.
$745,800
Bldg Structural Elements
Bldg Id. 749.1 - 120 Southbridge Rd
Value Bldg Feature
Bldg Feature
Description
Bldg Style
Occupancy
AYB
Foundation
Frame Type
Roof Type
Basement Type
Basement Finish
Grade/Quality
Light Industrial-S
Light Industrial-S
1972
Slab, Concrete
Steel Frame,shell(butler)
Flat
No Basement
No Finish
Ave
Fan Units
Heating System
None
Air Conditioning
No Bedrooms
Nb. of Bedrooms
Total Area
RCN
9,255
$395,457
Bldg Id. 6103.0 - 120 Southbridge Rd
Description
Bldg Style
Occupancy
AYB
Foundation
Frame Type
Roof Type
Basement Type
Basement Finish
Grade/Quality
Comm Garage - C Bldg
Comm Garage-C
1972
Slab, Concrete
Concrete
Flat
No Basement
No Finish
Ave
Forced Hot Air
Air Up To 1500 Sf
No Bedrooms
Back to Property Information
Industrial
EYB
Foundation Material
Siding
1985
Concrete
Aluminum
Tar And Gravel
Non-applicable
4 Fixtures
Ave
Electric
Roof Cover
Basement Floor
Plumbing
100 Condition
Fuel Type
Fireplace/chimney
RCN
$100,724
SA
0.000
Depr %
22
RCNLD
$308,457
Value
Description
Bldg Model
Commercial
EYB
Foundation Material
Siding
Roof Cover
Basement Floor
Plumbing
100 Condition
Fuel Type
5,400.00 Fireplace/chimney
Concrete
Concrete Block
Tar And Gravel
Non-applicable
3 Fixtures
Ave
Oil
100
No Fireplace
4 Rooms
Nb. of Rooms
QP
100
No Fireplace
5 Rooms
Nb. of Rooms
Value Bldg Feature
Bldg Feature
Heating System
Air Conditioning
Nb. of Bedrooms
Total Area
1,848
Bldg Model
QP
Value
Description
SA
0.000
Depr %
35
RCNLD
$65,471
Page 2 of 6
Town of Oxford
Summary Record Card
Tax Map # 08 -A04.01
Property Address:
Owner:
120 Southbridge Rd
120 SOUTHBRIDGE LLC Since August 2001
C/O LEAMAR INDUSTRIES
171 LOCKE Dr suite 114
MARLBORO, MA 01752
Back to Property Information
Class
Nbhd
Size Total
Page 3 of 6
321 Bldg Materials For Retail
Industrial Better
10.58 Acres
Property Type
Zonning
3 Commercial
GB General Business
11/30/1999
Date
FY 2008
C.A.M.A.
$745,800
Method Use
Appr. Value
Bldg Drawing
Concrete Pad
Finished 1 Story
TOTAL
780
9255
10035
780
9255
10035
0
9255
9255
0
9255
9255
0
100
0
9255
9255
0
634
634
Finished 1 Story
TOTAL
1848
1848
1848
1848
1848
1848
1848
1848
100
1848
1848
268
268
Back to Property Information
Page 3 of 6
Town of Oxford
Summary Record Card
Tax Map # 08 -A04.01
Property Address:
Owner:
120 Southbridge Rd
120 SOUTHBRIDGE LLC Since August 2001
C/O LEAMAR INDUSTRIES
171 LOCKE Dr suite 114
MARLBORO, MA 01752
Back to Property Information
Class
Nbhd
Size Total
321 Bldg Materials For Retail
Industrial Better
10.58 Acres
Page 4 of 6
Property Type
Zonning
Date
FY 2008
Method Use
Appr. Value
3 Commercial
GB General Business
11/30/1999
C.A.M.A.
$745,800
Bldg Id. 749.1
Bldg Id. 6103.0
Back to Property Information
Page 4 of 6
Town of Oxford
Summary Record Card
Tax Map # 08 -A04.01
Property Address:
Owner:
120 Southbridge Rd
120 SOUTHBRIDGE LLC Since August 2001
C/O LEAMAR INDUSTRIES
171 LOCKE Dr suite 114
MARLBORO, MA 01752
Back to Property Information
Class
Nbhd
Size Total
Page 5 of 6
321 Bldg Materials For Retail
Industrial Better
10.58 Acres
Property Type
Zonning
3 Commercial
GB General Business
11/30/1999
Date
FY 2008
C.A.M.A.
$745,800
Method Use
Appr. Value
Misc Structure Info.
Muse
Units
Price
Yr. Built
Act Year
DT
Depr% Condition
Asphalt
3620
$2.40
Ave Grd
1987
1987
depr05
55
Ave
Multiplier ()
$3,900
Chain Link Fence
2000
$12.47
Ave Grd
1987
1987
200.00 X 10.00
depr05
75
Ave
Multiplier ()
$6,200
Concrete
540
$4.25
Ave Grd
1987
30.00 X 18.00
depr05
75
Ave
Multiplier ()
$600
Concrete
240
$4.25
Ave Grd
2002
2002
16.00 X 15.00
depr05
25
Ave
Multiplier ()
$800
Final Adj
Grade
Overall Adj.
MISCELLANEOUS VALUE
Back to Property Information
Total Value
$11,500
Page 5 of 6
Town of Oxford
Summary Record Card
Tax Map # 08 -A04.01
Property Address:
Owner:
120 Southbridge Rd
120 SOUTHBRIDGE LLC Since August 2001
C/O LEAMAR INDUSTRIES
171 LOCKE Dr suite 114
MARLBORO, MA 01752
Back to Property Information
Class
Nbhd
Size Total
Page 6 of 6
321 Bldg Materials For Retail
Industrial Better
10.58 Acres
Property Type
Zonning
11/30/1999
Date
FY 2008
3 Commercial
GB General Business
Method Use
Appr. Value
C.A.M.A.
$745,800
Sales Information
Date
08/23/2001
Book/Page
Instrument
24680/032
Doc. No.
127859
Correcting Deed, For Convenience
03/16/2001
23676/291
Valid Sale
06/30/1992
14343/185
11/19/1985
9067/185
03/09/1971
5098/237
Qual. Adj. Reason
ni
Sale Price
$435,000
Subj. Price
$435,000
qi
$435,000
$435,000
Other - Invalid Sale
ni
$950,000
$950,000
Valid Sale
qi
$250,000
$250,000
Other - Invalid Sale
ni
Land Information
Luse
Comm Site
Units
3.00 a
Rate Schedule
Comm / Ind Site
Comm Excess Land
7.58 a
Comm / Ind Excess Land
TOTAL UNITS
Back to Property Information
Adj.
Units Price
$102,400.00
$7,000.00
MARKET LAND VALUE
Value
$307,200
$53,100
$360,300
Page 6 of 6
Town of Oxford
Online Copy of Tax Bill
Back to Property Information
Class 1
Residential
10.39
Tax Rate Per $1000
Class 3
Class 2
Open Space
Commercial
10.39
10.39
10.39
08 -A04.01
PROPERTY ID
PROP. LOCATION
FISCAL YEAR 2008 REAL ESTATE TAX BILL
THE COMMONWEALTH OF MASSACHUSETTS
TOWN OF OXFORD
OFFICE OF THE COLLECTOR OF TAXES
Class 4
Industrial
SPECIAL ASSESSMENTS
Amount
Type
Comm. Int
Based on assessments as of January 1, 2007, your Real Estate Tax
for the fiscal year beginning July 1, 2007 and ending June 30, 2008
on the parcel of real estate described below is as follows:
REAL ESTATE VALUES
Class
BILL NUMBER
Valuation
321
DEED BOOK
DEED PAGE
24680
032
Total Tax & Sp Assess.:
Total Sp. Assess:
0.00
10.580
Lot. Size
ASSESSED OWNER AS OF JANUARY 1, 2007
745,800.00
Total Valuation:
745,800.00
Total Taxable Valuation
Due Date:
Mail Date:
05/09/2008
Make Check Payable to:
Mail Payments to :
120 SOUTHBRIDGE LLC
C/O LEAMAR INDUSTRIES
171 LOCKE Dr suite 114
MARLBORO, MA 01752
10.39
Tax Rate Per $1000
Class 3
Class 2
Open Space
Commercial
10.39
10.39
SEE REVERSE SIDE FOR IMPORTANT INFORMATION
TO ASSESSORS DUE:
FISCAL YEAR 2008 REAL ESTATE TAX BILL
Based on assessments as of January 1, 2007, your Real Estate Tax
for the fiscal year beginning July 1, 2007 and ending June 30, 2008
on the parcel of real estate described below is as follows:
THE COMMONWEALTH OF MASSACHUSETTS
TOWN OF OXFORD
OFFICE OF THE COLLECTOR OF TAXES
Class 4
Industrial
10.39
REAL ESTATE VALUES
SPECIAL ASSESSMENTS
Type
Amount
Comm. Int
Class
Valuation
DEED BOOK
DEED PAGE
ASSESSED OWNER AS OF JANUARY 1, 2007
120 SOUTHBRIDGE LLC
Total Sp. Assess:
Lot. Size
0.00
10.580
Mailing Name & Address
Back to Property Information
7,748.86
7,748.86
1st Payment Due by
745,800.00
Total Valuation:
745,800.00
Mail Date:
Due Date:
05/09/2008
TOWN OF OXFORD
Collector of Taxes
325 Main Street
Oxford, MA 01540
Office Hours 9:00 A.M. to 4:30 P.M. Mon-Fri
ABATEMENT APPLICATIONS
TO ASSESSORS DUE:
COLLECTOR OF TAXES
0.00
May 1, 2006
Value Credit
Mail Payments to :
November 14, 2007
2nd Payment due by
Resid./Comm. Exemption
Make Check Payable to:
120 SOUTHBRIDGE LLC
C/O LEAMAR INDUSTRIES
171 LOCKE Dr suite 114
MARLBORO, MA 01752
2008100720
Real Estate Tax:
Total Taxable Valuation
BarCode: 1997125
BILL NUMBER
Total Tax & Sp Assess.:
321
24680
032
REMITTANCE
DONALD F. KAMINSKI
120 Southbridge Rd
STATE CLASS
Amount Now Due:
Interest at the rate 14% per annum will accrue on payments
not made by November 1 or May 1 from the first day of the
preceding month until payment is made
ABATEMENT APPLICATIONS
08 -A04.01
PROPERTY ID
PROP. LOCATION
Collector of Taxes
325 Main Street
Oxford, MA 01540
COLLECTOR OF TAXES
0.00
0.00
Interest :
TOWN OF OXFORD
Office Hours 9:00 A.M. to 4:30 P.M. Mon-Fri
Mailing Name & Address
0.00
May 1, 2006
Value Credit
BarCode: 1997125
1st Payment Due by
November 14, 2007
2nd Payment due by
Resid./Comm. Exemption
120 SOUTHBRIDGE LLC
Class 1
Residential
7,748.86
7,748.86
Real Estate Tax:
120 Southbridge Rd
STATE CLASS
2008100720
DONALD F. KAMINSKI
Interest :
Amount Now Due:
0.00
0.00
Interest at the rate 14% per annum will accrue on payments
not made by November 1 or May 1 from the first day of the
preceding month until payment is made
SEE REVERSE SIDE FOR IMPORTANT INFORMATION
COPY FOR YOUR RECORD
MORTGAGEE'S NOTICE OF SALE OF REAL ESTATE
By virtue and in execution of that certain mortgage given by 120 Southbridge,
LLC to Commerce Bank & Trust Company dated June 9, 2004, and recorded with the
Worcester District Registry of Deeds at Book 33863, Page 303, 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 7th day of January,
2009, on the mortgaged premises at 120 Southbridge Street, Oxford, Worcester
County, Massachusetts, all and singular, the premises described in said mortgage:
To Wit:
A certain parcel of land with the improvements thereon situated on Southbridge Road in
Oxford, Worcester County, Massachusetts an shown as Lot 2 on a plan of land entitled
“Plan of Land in Oxford, Mass owned by O.E.I Landco Inc.”, Scale 1 in – 100ft, dated 7
Nov. 1995”, prepared by Lavallee Brothers, Inc., 497 Central Turnpike, Sutton, Mass.,
recorded with the Worcester District Registry of Deeds on November 27, 1995 in Plan
Book 699, Plan Number 15, to which plan reference may be made for a particular
description. Said Lot 2 contains 10.578 acres of land more or less according to said
plan.
For title, see deed recorded in Book 23676, Page 291 as corrected and confirmed by
deed recorded in Book 24680, Page 32.
The description of the premises contained in the mortgage shall control in the
event of a typographical error in this publication.
TERMS OF SALE: $25,000.00 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
COMMERCE BANK & 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