23 Franklin Road
Roanoke, VA 24011
540.342.3560
800.551.3588
www.woltz.com

 

A512

Calhoun County, South Carolina
REAL ESTATE LAND AUCTION
960± Acre Plantation Offered in 14 Tracts
Tracts 10 thru 14: 762± Acres Sold Absolute
SOLD

Timberland · Cropland · Hunting
This property will be sold in 14 tracts, 5 tracts being sold absolute. This sale offers an excellent opportunity to own valuable timberland, productive cropland, and an excellent wildlife habitat for hunting.Don’t miss this chance. This property is in Calhounc County, SC between Columbia and Charleston, just off of I-26 near Cameron, SC. Ideally located very near Lake Marion.

Topo & Aerials:
Topo Map

Tract Descriptions:

TRACT 1 - 24.1 acres with long frontage on both Rt. 6 and Hutto Pond Road. This tract has productive cropland, potential building sites and small area of pine woods.

TRACT 2 - 13.2 acres with frontage on Rt. 6 and Hutto Pond Road. This tract can be farmed or further divided into potential building sites.

TRACT 3 - 19.7 acres with frontage on paved Hutto Pond Road. This tract consists of productive cropland with potential elevated building sites. Also there is a small area of pine woods. There is also a small rental house on this tract that could be restored but is currently not habitable.

TRACT 4 - 16.8 acres with frontage on Hutto Pond Road. This tract is a productive cropland field that has the potential of further subdivision into potential building sites.

TRACT 5 - 11.9 acres with frontage on paved Hutto pond road. This tract is currently in cropland but would make an excellent building site.

TRACT 6 - 10 acres with frontage on Hutto Pond Road with potential building sites.

TRACT 7 - 20.2 acres with long frontage on Hutto Pond Road. This mostly wooded tract has also has frontage on Halfway Swamp Creek and has elevated building sites.

TRACT 8 - 15 acres with road frontage on Hutto Pond Road. This tract offers open ground and wooded areas with nice potential building sites.

TRACT 9 - 67.3 acres with long frontage on Hutto Pond Road and a long frontage on Halfway Swamp Creek. This tract will be an excellent property for the hunter or someone wanting a private setting to build a home.

TRACT 10 - 25.7 acres of productive cropland with frontage on paved Rt. 6.

TRACT 11 - 167.8 acres with frontage on paved Bobwhite Road. Access is also provided off of Rt. 6 by way of a 50 ft. deeded right of way through tract 10. This tract has approximately 65 acres of productive cropland and the balance in valuable pine/hardwood timber with a small area being recently harvested.

TRACT 12 - 173.3 acres with frontage on paved Bobwhite Road and approximately 13 acres of cropland. The timberland consists of approximately 90 acres of pine/hardwood and 70 acres that has recently been harvested.

TRACT 13 - 196.4 acres with frontage on paved Bobwhite Road and approximately 18 acres of cropland and balance in timberland. The t imberland consists of approximately 105 acres of merchantable pine/hardwood and approximately 73 acres which was recently harvested. This tract has timber value and will make a great hunting tract with an area of quail woods.

TRACT 14 - 198.6 acres with approximately 18 acres of cropland with the balance in timber. The timberland consists of approximately 180 acres of pine/hardwood with a small area that was recently harvested. In addition to timber value, this is an excellent tract for hunting with lots of edge and habitat diversity.


Directions:

Directions to Sale Site and Inspections:
From I-26, exit 149, go north on Rt 33 for 5.3 miles to the intersection of Rt. 33 and Rt. 176 in Cameron. Continue on Rt. 33 through the intersection and Cameron Community Club will be on right.

Directions to property:
From I-26, exit 149 go north on Rt. 33 for 5.3 miles to the intersection of Rt. 33 and Rt. 176 in Cameron. Continue north on Rt. 33 for 2.8 miles and turn right on Nates Store Road ( Rt. 27). Take Nates Store Road for 3.4 miles and turn left on Bob White Rd. ( Rt. 128). Go .8 miles and property begins on left with Tract 13. Tract 14 is accessed along powerline right of way. Continue 2.3 miles to
intersection with Rt. 6 and turn left. Go .3 miles and turn right on Hutto Pond Road. Tracts 1-9 are along Hutto Pond Road.


Broker Participation:

Any broker actively licensed in the State of South Carolina whose agent properly registers the successful high bidder will be paid a two percent (2%) commission at settlement by the seller. Registration must be on a Woltz & Associates, Inc Broker Participation Application form and contain the name, address and signature of agent and prospect as well as Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. by 12:00 noon on June 17, 2005. If prospect attends preview, agent must attend with prospect. Additionally, agent must attend sale and co-register with prospect on auction day. Only the first broker to register the high bidder will be paid a commission. Agents acting as principals, on behalf of licensed real estate agents, on behalf of family members, on behalf of entities in which they hold an ownership interest or who represent prospects who have had prior contact with seller or auction company are not eligible. Only one registered bidder per agent.


Basic Terms & Conditions:

PROCEDURE: Tracts 1-14 will be offered in individual tracts, in combination of tracts, and in its entirety. Any qualified bidder may bid on tracts, tract combinations, and the total property.
DOWN PAYMENT: Successful bidders shall deliver on day of sale to Woltz and Associates, Inc., 10% of the final contract sales price as an escrow deposit via cash, cashier’s check, or pre-approved personal check. Personal checks should be accompanied by a bank letter stating “_____ is a customer of this bank and we guarantee payment of checks written on account number _______up to (specify amount)dollars for purchase at the auction being conducted by Woltz and Associates, Inc. on June 23, 2005”. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING. If a successful bidder fails to close within the time specified, Seller shall have the right to terminate the Purchase Agreement and retain the down payment as liquidated damages in addition to other legal remedies or at Seller’s option, extend the closing past the designated closing date. HOWEVER, A CHARGE OF 1% OF THE TOTAL CONTRACT PRICE WILL BE CHARGED TO THE BUYER PER MONTH UNTIL CLOSING.
ABSOLUTE AUCTION: Tracts 10 - 14 are sold to the highest bidder regardless of price. Don’t miss this opportunity to buy.
BUYER’S PREMIUM: A 5% Buyer’s Premium will be added to the final bid price and included in the total purchase price.
DEED: Seller will provide Special Warranty Deeds conveying the property to successful bidders subject to matters of record, general condition of title, and similar or related matters.
EVIDENCE OF TITLE: The Seller agrees to furnish bidders a preliminary Owner’s title insurance commitment to review prior to Auction. The cost of the insurance, if Purchaser elects to have the title commitment executed, will be the responsibility of the Purchaser. Seller agrees to provide merchantable title to the property subject to matters of record, general conditions of title, and similar or related matters. All tracts sold “AS IS”.
REAL ESTATE TAXES: At closing, all real estate taxes shall be prorated.
CLOSING: Closings shall take place within 30 days after the auction day, or as soon thereafter as Seller’s applicable closing documents are completed.
POSSESSION: Possession of the property shall be given at closing.
MAPS: Maps are available on www.woltz.com.
SURVEY: Seller to furnish a new survey for any divisions of parent tracts. When individual, contiguous tracts are combined, seller to furnish a perimeter survey of those tracts only.
PROPERTY INSPECTIONS: Each potential bidder is responsible for conducting at their own risk, their own independent inspections and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel; please feel free to inspect any other time.
AGENCY: WOLTZ AND ASSOCIATES, INC. AND THEIR REPRESENTATIVES ARE EXCLUSIVE AGENTS OF THE SELLER.
DISCLAIMER AND ABSENCE OF WARRANTIES:
All information contained in this brochure and all related materials are subject to the Terms and Conditions outlined in the Agreement to Purchase. ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company. All decisions by the Auctioneers are final.


Contact:
Jim Woltz SC# 3663R 540-342-3560 or 800-551-3588


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