Danville, Virginia, Graham, Burlington, Greensboro and Winston-Salem, North Carolina
Real Estate Auction - Lender Liquidation
Multiple Valuable Properties
- Low Minimum Bids
Auction Event: Thursday, December 15 at 6 pm
Sale Site & Accommodations: Clarion Hotel Greensboro Airport —
415 Swing Rd., Greensboro, NC 27409
Located at I-40, Exit 213 — 336-299-7650
Preview Anytime — Open House Dates for All Improved Properties:
Sundays December 4 & 11 — 3:00 to 5:00 pm
Wednesday and Thursday December 14 & 15 — 3:00 to 5:00 pm
Auction Tract 1
SOLD - Auction Tract 1 – Tax Assessment $403,750 - Minimum Bid $99,000
19 Developed Townhome Lots in West Hill Phase 3
724 Whisper Ridge Dr., Graham, NC (plus 18 other addresses)
These 19 townhome lots have a paved road with curb and gutter, all utilities and are located in an upscale community of single family homes and townhomes. The lots are level to gently rolling. The lots south of Whisper Ridge Dr. may be suitable for walkout basements. Sewer taps are stubbed up and fire hydrants in place. These lots are mostly wooded.
DIRECTIONS: From I-85/40 in Graham, NC, take exit 147 (Graham Pittsboro) and go south on Rt. 87 .6 mile, turn right on Rogers Rd. Go 1 mile and turn left on Wildwood Lane. Go .1 mile and turn right on Spring Meadow Dr. Take the next left on Grandview Dr., take the next right on Hanson La., turn left on Whisper Ridge Dr. to property on both sides of the road. GPS coordinates n 36º 01' 58" w 79º 24' 15".
Boundaries are approximate
Auction Tract 1 - Tax Assessment
Auction Tract 1 - Plat
Auction Tract 1 - Title Insurance Commitment
Auction Tract 1 - Title Exceptions
Auction Tract 1 - Record Plat
Auction Tract 1 - Tax Map
Auction Tracts 1, 2, 8 - Zoning
West Hill Declaration of Covenants and Restrictions
West Hill Supplementary Declaration of Covenants and Restrictions
Auction Tract 1 - Articles of Incorporation West Hill Townhouses
Auction Tract 1 - Bylaws of West Hill Townhome Homeowners Association
Auction Real Estate Purchase Agreement Tracts 1-9 & 11-13
Purchase Agreement Exhibit-A - Auction Tracts 1-9, 11-20
Auction Tract 4
SOLD - Auction Tract 4 – Tax Assessment $29,750 - Minimum Bid $9,000
.427± Acre Single Family Lot Near Fine Homes
Dorsett St., between Cherry Drive and Rolling Wood Rd., Burlington, N.C.
Level, open .427± acre single family lot in area of fine homes - paved public road, public utilities. Superb location for your dream home.
DIRECTIONS: From Auction tract 3 turn left on W. Webb Ave. Follow .5 mile and bear left on Park Rd Ext. Go .2 miles and turn left on Gilliam Rd. Go .2 mile and turn right on Keogh St. Follow and turn left on Dorsett St. Follow to property on left, just beyond the intersection of Dorsett and Cherry Dr. GPS coordinates n 36º 06' 17" w 79° 28' 40".
Auction Tract 4 - Tax Map
Auction Tract 4 - Tax Map & Tax Assessment
Auction Tract 4 - Tax Assessment
Auction Tracts 3, 4, 5, 6, 7, 9 - Zoning
Auction Tract-4 - Title Commitment
Auction Tract-4 - Plats
Auction Real Estate Purchase Agreement Tracts 1-9 & 11-13
Purchase Agreement Exhibit-A - Auction Tracts 1-9, 11-20
Auction Tract 5
SOLD - Auction Tract 5 – Tax Assessment $17,000 - Minimum Bid $4,000
Single-Family Corner Lot
Hatch St. and Lakeside Ave. Burlington, N.C.
Single family, level corner lot at the intersection of Hatch St. and Lakeside Ave. Public utilities, paved public road.
DIRECTIONS: This lot is located at the Southeast corner of Hatch St. and Lakeside Ave.
Auction Tract 5 - Tax Map
Auction Tract 5 - Tax Assessment
Auction Tracts 3, 4, 5, 6, 7, 9 - Zoning
Auction Tract 5 - Title Commitment
Auction Tract 5 - Restrictions
Auction Real Estate Purchase Agreement Tracts 1-9 & 11-13
Purchase Agreement Exhibit-A - Auction Tracts 1-9, 11-20
Auction Tract 5 - Preliminary Plot Plan
Auction Tract 6
SOLD - Auction Tract 6 – Tax Assessment $9,775 - Minimum Bid $3,000
724 Richmond Ave., Burlington, NC
Single family, nearly level residential lot with public road frontage and public utilities. The lot is in an area of well maintained homes.
DIRECTIONS: From the intersection of Apple St. and Richmond Ave. in Burlington, turn north on Richmond Ave. Follow to lot on left just before the intersection of Richmond Ave. and Short St. GPS coordinates n 36º 06' 29" w 79° 25' 39".
Auction Tract 6 - Tax Map & Tax Assessment
Auction Tract 6 - Tax Map
Auction Tracts 3, 4, 5, 6, 7, 9 - Zoning
Auction Tract 6 - Title Commitment
Auction Tract 6 - Plats
Auction Real Estate Purchase Agreement Tracts 1-9 & 11-13
Purchase Agreement Exhibit-A - Auction Tracts 1-9, 11-20
Auction Tract 7
SOLD - Auction Tract 7 – Tax Assessment $76,447 - Minimum Bid $24,000
10.19± acres, Montclair Dr. and Louis St., Burlington
This property is ideal for residential development or your private estate. The site is wooded, gently rolling, has sewer on-site, with water in Louis St. and Chandler Ave., which dead ends into property. The site has long public road frontage on Louis St.
DIRECTIONS: From the intersection of Apple St. and Montclair Dr. in Burlington, go north on Montclair Dr., follow straight ahead to property fronting Louis St. To reach road frontage on Chandler Ave., turn left on Louis St., then turn right on Daley St., turn right on Chandler Ave. to its dead end at the property. GPS coordinates n 36º 06' 34" w 79° 25' 20".
Boundaries are approximate
Auction Tract 7 - Tax Map
Auction Tract 7 - Tax Map & Tax Assessment
Auction Tracts 3, 4, 5, 6, 7, 9 - Zoning
Auction Tract 7 - Water & Sewer Map
Auction Tract 7 - Title Commitment
Auction Tract 7 - Title Exceptions
Auction Real Estate Purchase Agreement Tracts 1-9 & 11-13
Purchase Agreement Exhibit-A - Auction Tracts 1-9, 11-20
Auction Tract 7 - Tax Map
Auction Tract 7 - Preliminary Plat
Auction Tract 8
SOLD - Auction Tract 8 –
Tax Assessment $44,609 - Minimum Bid $5,000
613 W. Gilbreath St., Graham, N.C. 27253
2.1± Acre nearly level site with home and
outbuildings in need of major repair. The site
is mostly wooded.
DIRECTIONS: From I-85/40 Exit 145 in Burlington, take the exit North on Hwy. 49/Maple Ave. Follow .3 miles and bear right on Harden St. Follow .8 mile, turn right on Wilson St. Go .2 mile and turn left on Ward St. Go .1 mile, turn right on Denny Circle. Where Denny Circle meets W. Gilbreath St., bear right on gravel drive (beside 600 Gilbreath St.) to property on right. GPS coordinates n 36° 03' 47" w 79º 24' 43".
Auction Tract 8 - Tax Map
Auction Tract 8 - Tax Assessment
Auction Tracts 1, 2, 8 - Zoning
Auction Tract 8 - Title Commitment
Auction Real Estate Purchase Agreement Tracts 1-9 & 11-13
Purchase Agreement Exhibit-A - Auction Tracts 1-9, 11-20
Auction Tract 11
SOLD - Auction Tract 11 – Tax Assessment $73,000 - Minimum Bid $19,000
Level 1.96± Acre Lot
920 NC Hwy. 150, Greensboro, NC 27455 (Summerfield Area)
This level 1.96± acre lot has long frontage on US Rt. 150 and is located in an area of fine homes. The lot is about ¾ open and ¼ wooded.
DIRECTIONS: From US Rt. 29 north of Greensboro, take the Brown Summit exit and follow US Rt. 150 west 10 miles to property on right, just before the intersection of Bar-Mot Dr. GPS coordinates n 36° 12' 05" w 79° 50' 10".
Auction Tract 11 - Tax Assessment
Auction Tract 11 - Tax Map & Tax Assessment
Auction Tracts 11, 12, 13 - Zoning
Auction Real Estate Purchase Agreement Tracts 1-9 & 11-13
Purchase Agreement Exhibit-A - Auction Tracts 1-9, 11-20
Auction Tract 11 - Title Commitment
Auction Tracts 12 & 13
SOLD - Auction Tracts 12 & 13 – Tax Assessment 22,400 ea. - Minimum Bid $5,000 ea.
Beautiful Wooded Lots
6210 & 6212 Cape Wedgewood Circle,
Browns Summit, NC 27214
Auction tract 13, this beautiful 1.06 acre lot (subdivision Lot 29) has paved road frontage. Grade is perfect for walkout basement. Auction Tract 12 - (subdivision lot 28), same as above, 1.2± acres. Cape Wedgewood is a newly developed waterfront community on Lake Townsend. The subject lots are off water.
DIRECTIONS: From US Rt. 29 north of Greensboro go west on Assembly Rd. and follow .4 mile, turn right on Pine Needle Dr. and keep straight on Brightwood School Rd. Follow and turn right on Lees Chapel Rd. Go 2.2 miles, turn left on Bush Rd., go 1.1 miles, turn right on Jones Little Rd. and bear right on Cape Wedgewood Circle to properties on right. GPS Coordinates n 36 °10' 10" w 79° 45' 12".
Auction Tract 12 - Tax Map & Info
Auction Tract 12 - Tax Assessment
Auction Tract 13 - Tax Map and Info
Auction Tract 13 - Tax Assessment
Auction Tracts 11, 12, 13 - Zoning
Auction Real Estate Purchase Agreement Tracts 1-9 & 11-13
Purchase Agreement Exhibit-A - Auction Tracts 1-9, 11-20
Auction Tracts 12 & 13 - Title Commitment
Auction Tracts 12 & 13 - Title Exceptions
Auction Tracts 12 & 13 - Restrictions
Auction Tracts 12 & 13 - Plat
Auction Tracts 12 & 13 - Plat Up-close
Sale Site and Accommodations
Clarion Airport Hotel, I-40 Exit 213 - 415 Swing Rd., Greensboro, NC 27409
From I-40 East bound, take Exit 213, go right on Guilford College Rd., turn left on Swing Rd. to Clarion on right.
From I-40 West bound, take Exit 213, go straight through light to Clarion on right.
Documents
Auction Tract 1 - Tax Assessment
Auction Tract 1 - Plat
Auction Tract 1 - Title Commitment
Auction Tract 1 - Title Exceptions
Auction Tract 1 - Record Plat
Auction Tract 1 - Tax Map
Auction Tracts 1, 2, 8 - Zoning
West Hill Declaration of Covenants and Restrictions
West Hill Supplementary Declaration of Covenants and Restrictions
Auction Tract 1 - Articles of Incorporation West Hill Townhouses
Auction Tract 1 - Bylaws of West Hill Townhome Homeowners Association
Auction Tract 4 - Tax Map
Auction Tract 4 - Tax Map & Tax Assessment
Auction Tracts 3, 4, 5, 6, 7, 9 - Zoning
Auction Tract-4 - Title Commitment
Auction Tract-4 - Plats
Auction Tract 5 - Tax Map
Auction Tract 5 - Tax Assessment
Auction Tracts 3, 4, 5, 6, 7, 9 - Zoning
Auction Tract 5 - Title Commitment
Auction Tract 5 - Restrictions
Auction Tract 5 - Preliminary Plot Plan
Auction Tract 6 - Tax Map & Tax Assessment
Auction Tract 6 - Tax Map
Auction Tracts 3, 4, 5, 6, 7, 9 - Zoning
Auction Tract 6 - Title Commitment
Auction Tract 6 - Plats
Auction Tract 7 - Tax Map
Auction Tract 7 - Tax Map & Tax Assessment
Auction Tracts 3, 4, 5, 6, 7, 9 - Zoning
Auction Tract 7 - Water & Sewer Map
Auction Tract 7 - Title Commitment
Auction Tract 7 - Title Exceptions
Auction Tract 7 - Tax Map
Auction Tract 7 - Preliminary Plat
Auction Tract 8 - Tax Map
Auction Tract 8 - Tax Assessment
Auction Tracts 1, 2, 8 - Zoning
Auction Tract 8 - Title Commitment
Auction Tract 11 - Tax Assessment
Auction Tract 11 - Tax Map & Tax Assessment
Auction Tracts 11, 12, 13 - Zoning
Auction Tract 11 - Title Commitment
Auction Tract 12 - Tax Map & Info
Auction Tract 12 - Tax Assessment
Auction Tract 13 - Tax Map and Info
Auction Tract 13 - Tax Assessment
Auction Tracts 11, 12, 13 - Zoning
Auction Tracts 12 & 13 - Title Commitment
Auction Tracts 12 & 13 - Title Exceptions
Auction Tracts 12 & 13 - Restrictions
Auction Tracts 12 & 13 - Plat
Auction Tracts 12 & 13 - Plat Up-close
Auction Real Estate Purchase Agreement Tracts 1-9 & 11-13
Purchase Agreement Exhibit-A - Auction Tracts 1-9, 11-20
Broker Participation
Any appropriately licensed broker whose agent properly registers the successful high bidder will be paid a two percent (2%) commission based on the high bid at settlement. 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 a Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. 24 hours before the auction date. 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 property, per agent
Terms and Conditions
- REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 5:00PM. Please bring a driver’s license for identification.
- AUCTION SALE: The property will be sold subject to Seller confirmation. ALL CONFIRMED SALES ARE FINAL: All property is auctioned “AS IS, WHERE IS” with all faults in its condition at the time of sale without recourse by way of refund, reduction of the purchase price, or otherwise. Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate.
- FINANCING: Your bidding and purchase of the property is not conditional upon financing. Be sure you have arranged financing, if needed, and are capable of paying cash at closing.
- LIABILITY: Bidders inspecting property enter at their own risk. Auction Company assumes no risk for bodily injury or damage to personal property.
- BIDDING: Qualified bidders may bid on individual tracts or any grouping of tracts. The auctioneer will determine all bid increments. All decisions by the auctioneer regarding bid acceptance are final.
- ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
- BUYER’S PREMIUM: The Buyer’s Premium on the real estate is 10% of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final sale price.
- AGENCY: The Auction Company and its representatives represent the Seller.
- REAL ESTATE DEPOSIT: A deposit in the amount of ten percent (10%) of the contract sale price will be required on day of sale. The deposit is payable by cashier’s check, or pre-approved personal check payable to Woltz & Associates, Inc. Personal checks will be approved if the Buyer presents a bank letter stating that the Buyer is a customer of the bank and the checking account is in good standing.
- REAL ESTATE DEED: The real estate will be conveyed by special warranty deed free and clear of liens, subject, however, to any rights of way, easements and restrictions of record. The balance of the purchase price is due at settlement on or before January 31, 2012. There will be no assigning of tracts or deeds between bidders. Tracts will be deeded in the manner purchased at the auction.
- BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate. Refer to survey for exact boundary locations.
- GENERAL: 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.
Contact
For more information, please contact Woltz & Associates, Inc. (NCAL# 7560) (VA# 321).
Phone Number: (540) 342-3560 or 800-551-3588
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