62 Acres * Recreational Property Wattsburg PA

GPS Coordinates: N 42.01.975 Latitude / W 79.46.405 Longitude ( North Corner)

GPS Coordinates: N 42.02.004 Latitude / W 79.46.408 Longitude ( South Corner)

GPS Coordinates Are At Roadside

62 Acres
Recreational Property
10 Acres Woods * 42 Acres Balance
Prime Investment Opportunity * Free Natural Gas * Natural Gas Royalties
Drilled Artisan Water Well * Approved Septic Site
WEEKS VALLEY RD. WATTSBURG PA 16442

Property: East side of Weeks Valley Rd. South property line starts at mail box number 14280. All corners of property identified w/ red ribbon, East property line NY:PA state line.

Directions: From Cutting, NY (Rt. 426 & 474) go West 2.9 miles to Weeks Valley Rd., turn right go approx. 0.9 miles.

PROPERTY DATA

Price: $150,000

Lot Size: 105 Rd. Frnt. Ft.x 375’x 875’x 2565’x 1005’x 2910’
62 Acres

Land Break Down:
30 Acres Tillable
32 Acres Woods

AMENITIES:
*Located in a prime hunting and recreational area.
*Located minutes from Peek’n Peak Resort & Conference Center (4 Miles) and the Wilderness Cross Country Ski Lodge (2 Miles).
*A property affording the opportunity to construct a secluded home or vacation home.
*A short drive to the communities of Clymer, NY, Wattsburg, PA and Corry PA.
*Natural Gas allotment—350,000 Cubic Ft/Yr.
*Onsite drilled artisan water well.
*Approved septic sewage site.

Tax Identification:
ID: 44 Map: 013 Parcel: 031-008

Tax Assessment:
Land: $25,300
NOTE: This property is in the
PA Clean & Green Act 319

Estimated Property Tax:
2009 School: $385.83
2009 County & Town: $ 198.61
Approx. Total Taxes: $ 584.44

Fair Market Value Of Land: $60,900

Township: Venango

County: Erie

Zoning: AG-1 Agricultural

School District: Wattsburg School District

Water: Drilled Artisan Well

Sanitary Sewage Septic Approval :
Erie County Board Of Health
Application #R-55569
Dated: 9-6-2002

Utilities: None

Oil & Gas Lease:
Vineyard Oil & Gas Co.
Book 1557 Page 50
Recorded Oct. 22, 1984

Gas Well: Moddie No. 1

Current Owner Of Lease:
Stedman Energy Inc.
PO Box 1006
Chautauqua, NY 14722
716-789-3018
A.P.I.: 37-04924283

Mineral Rights: Subject to oil and gas leases of record of current validaty, but
conveying any and all rights there under in so far as pertaining to the above
described premises.

Gas Allotment: Free gas allotment, 350,000 Cu. Ft. from the first well on leased premises and 100,000 Cu. Ft. from each additional well drilled. In lieu of the above mentioned free gas per year per well for his building, lessor may receive the cash equivalent to 350,000 Cu. Ft. of one per year well calculated at the well head price.

Right Of Way: Thirty foot wide and goes along the Southern property line from     Weeks Valley Rd. To service gas well.

Survey Reference: None Known

Deed Reference: Book 1242 Page 816 Recorded June 15, 2005

Possession: Deed Recording

Title Search: To Be Furnished At Time Of Sale

Legal Representative:
Knox, McLaughlin, Gornall & Sennett, PC
Attorney Michael Fetzner
120 West 10th Street
Erie PA 16501
814-459-2800

Tractor Included IN Sale: Email or Call For More Information