Eastern Point Oceanfront Property Sold for $1,155,000
Auctioneers, a leader in the accelerated marketing and disposition of quality
real estate, is pleased to announce the sale at auction of 14 Rouse Rd. in Gloucester, MA
on June 21, 2014. The 1.57 acre Eastern
Point property offers 130+/- ft. of Atlantic Ocean frontage in an exclusive neighborhood
close to the yacht club and Brace
property has been in the same family since the mid-1980's and rarely used by the
West Coast professional couple trying to sell it for the past 2 years. After the latest of several offers fell
through due to traditional contingencies, they turned to JJManning to expedite
the sale of this 2,358+/- sq. ft. home regarded by many as either a complete
renovation or tear down on a R1 Zoned lot.
Within 2 months, the property had been viewed online over 3,000 times, 15
prospective buyers toured the home during a 3-hour open house, and 5 registered
bidders each with $50,000 of certified deposit funds in hand participated in
auction day, spectators crowded around to watch the competition. Firm President and auctioneer, Justin J.
Manning, jump-started the auction with a series of broker pre-registration
opening bids leading into the live bidding that culminated in a sale price of $1.155
Million to a client registered by Patty Knaggs of ReMax Advantage, earning her
a commission on the sale at the closing to occur within 45 days.
Auctioneers sells high value residential & commercial real estate
exclusively at auction. With a full
schedule of upcoming auctions, the firm is currently accepting consignments for
the 3rd Quarter of 2014. Please visit
www.JJManning.com or call 800-521-0111 for further information.
Auctioneers provides expert accelerated marketing and asset disposition
solutions to Fortune 500 companies, REITs, corporations, government agencies,
financial institutions, REO portfolio managers, small businesses, and private individuals
across America. Since 1976, JJManning Auctioneers has
successfully marketed and sold over 15,000 commercial, industrial, and
residential real estate properties.