Auction of a Lifetime! Two Residential Development Opportunities in Florida

 

 

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Murray Wise: BK3295976

SOLD – Devore Estate Auction: 271± Ac. • Prime Location • Houses • Multiple Tracts (19)

To Register for Online Bidding 

(For Live Bidding:  Registration starts 1:00 PM at The Inn at Virginia Tech & Skelton Conference Center)

Deadline to register for Bidding Online: Wednesday, October 30, 2024 NOON
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Login if you have an account or  “Click Here to Register for Auctions” – This will create an account.

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Register    10/31/2024 A1025 – Devore Estate Auction: 271± Ac. (Online Bidding)

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Welcome to the Lina C. Devore Estate

This magnificent 271.69± acre country estate is located in Montgomery County and the town of Christiansburg, Virginia! Offered in multiple tracts (19) and a good mix of rolling pastures and mixed hardwoods. The property also boasts a 3,921± SF Two – Story Home that includes 7 bedrooms and 4.1 baths with an attached two car garage. There is also a 1,944± SF barn that is situated just in front of the home. Several tracts offer long range views of the surrounding mountains. This property offers multiple uses and is in a prime location!

Bid on any individual tracts separately or group tracts together for more acreage. Our auction process is easy and lets you bid on exactly what you want!

Auction Tract
 Acreage (±) Description
1 OUT OUT
2 0.425

390 Teel Street, Christiansburg, VA – Mobile Home 2 Bed/1 Full Bath Currently Being Rented $300 Mo. – No Lease – Adjoins Tract 4
NOTE DESCRIPTION FOR TRACTS 2 and 3 Were Reversed on Brochure
3 0.523 Fronts on Teel Street and Adjoins Tract 4
NOTE DESCRIPTION FOR TRACTS 2 and 3 Were Reversed on Brochure
4 9.27 Fronts on Simmons Road – Open, Mostly Flat
5 16.769 Open Pasture – Down Slope – Views
6 5.00 Large Barn – Level Mostly Open
7 6.066 495 Simmons Road – 3,921± SF, 7 Bedrooms, 4.1 Baths, 2-Car Garage, Full Unfinished Walkout Basement
8 13.734 Good Mix of Open Pasture and Hardwoods With Views
9 18.03 Great Open Pasture With Views
10 7.858 Mostly Wooded With a Great Build Site and Sloping Topography
11 19.306 Wooded Tract With Several Great Homesites
12 22.602 Wooded Tract With Multiple Homesites Throughout
13 30.362 Mostly Wooded Tract With Several Ridgetop Homesites
14 13.202 Open Tract With Views
15 OUT OUT
Tracts 16-19: Great Recreational Or Homesite Tracts – Located Off Of Pollard Road
16 14.469 Wooded – Recreational – Homesite – Abundant Wildlife
17 24.071 Wooded – Ideal Recreational Tract – Abundant Wildlife
18 34.415 Wooded – Ideal Recreational Tract – Abundant Wildlife
19 30.906 Mostly Wooded – Ideal for Homesite or Recreational Tract
20 (Sale B) 3.92 Wooded – Ideal for Homesite or Recreational Tract (2 Tax Parcels)

All tracts are close to I-81, minutes to Downtown Christiansburg and Downtown Blacksburg

Directions

Directions: Tracts 1-3: From Christiansburg US11/US-460 (Roanoke St) to Right onto Teel St NE.
Directions: Tracts 4-15 & 20: From Christiansburg US11/US-460 (Roanoke St) to Right onto Simmons Rd NE.
Directions: Tracts 16-19: From I81 In Christiansburg – Take Exit 118 C-B-A toward Blacksburg for appx 1.7 miles stay straight on US 460W-Take Exit 3AB, head right on US 460 BUS toward Christiansburg. Stay straight toward US-460 E Bus/N Franklin St, Turn Left onto VA 111-Bus/Cambria St NE, Left onto Ellett Rd, Right onto Woodrow Rd/VA-644, bear left onto Pollard Rd. Take gravel road to the left to access Tracts 16-18 off of Pollard Rd. Continue straight to the cul-de-sac at the end of Pollard Rd take driveway to access Tract 19.

CALL TODAY FOR MORE INFORMATION!

Basic Terms & Conditions of The Auction

LIVE & ONLINE
A1025 – Lina C. Devore Estate Auction
The Inn at Virginia Tech & Skelton Conference Center
October 31, 2024, 2:00pm

  1. AUCTION SALE: The Property will be sold subject to Seller’s confirmation of the high bid. Purchaser will execute the Auction Real Estate Purchase Agreement as required in Paragraph 2. The 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. Bidding signifies you have read and are in agreement with the terms and conditions of the auction.
  2. REAL ESTATE DEPOSIT: The Buyer is required to pay a deposit in the amount of ten percent (10%) of the contract sales price and sign an Auction Real Estate Purchase Agreement immediately following SELLERS acceptance of the bid. Buyer may wire funds ($25.00 wire fee), present a cashier’s check or personal check with a bank letter of good standing for the earnest money deposit.
  3. FINANCING: Your bidding and purchase of the property are NOT CONDITIONAL UPON FINANCING. Be sure you have arranged financing, if needed, and are capable of paying cash at settlement.
  4. LIABILITY: Bidders inspecting property enter at their own risk. Auction Company and Seller assume no risk for bodily injury or damage to personal property.
  5. BUYER’S PREMIUM: The Buyer’s Premium on the real estate is five percent (5%) of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final contract sales price.
  6. ANNOUNCEMENTS:  Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
  7. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER, PROPERTIES 1-19 (LINA C. DEVORE ESTATE), PROPERTY 20 – IS TWO COMBINED TAX PARCELS BEING OFFERED AS ONE TRACT (DARRELL D. LINKOUS (TAX MAP 080-A-66 – 1.0 ACRES) AND BARBARA LOUISE GARRETT AND GILBERT K. FEZER (TAX MAP 080-A-65 – 2.920 ACRES). THESE TRACTS WILL NOT BE COMBINED IN A GROUPING WITH THE DEVORE TRACTS UNTIL THE CONFIRMATION HAS BEEN ACHIEVED BY SALE A (DEVORE) AND SALE B (GROUP OWNERS LISTED ABOVE).
  8. REAL ESTATE DEED AND POSSESSION: The real estate will be conveyed by a Special Warranty deed to be prepared at the expense of the Seller and the cost of Virginia deed transfer tax shall be borne by the Seller. It is agreed the Property is being conveyed 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 which shall be on or before January 15, 2025. The contract to purchase is not assignable. Possession of the Property shall be given to the buyer at settlement.
  9. BOUNDARY LINES: Boundaries on aerial photos, topographic maps, and otherwise, are approximate and are subject to verification by all parties relying on them.
  10. BIDDING: The bidding is hereby offered to registered bidders only. Registration for on-site opens at 1:00 PM on the day of sale.
  11. CONFIRMATION: All auction tracts are sold subject to Seller Confirmation.
  12. GENERAL: The information contained in the brochure, on woltz.com, all advertising, and the Bidder’s Information Packet is subject to verification by all parties relying on them. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company.
  13. BROKER PARTICIPATION: Any appropriately licensed Virginia broker whose agent properly registers the successful high bidder will be paid a 2% commission based upon the high bid, and will be paid at settlement by the Seller. Applications 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 the Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. or by email at hannah@woltz.com no later than 12:00 PM, October 30, 2024. Participating Broker must sign the Real Estate Purchase Agreement for winning bid. Agents acting as principals buying on their own behalf, on behalf of family members, other licensed real estate agents, or who represent prospects that have had prior contact with the Seller or Auction Company are not eligible. An agent may register and represent only one Bidder for this auction.
  14. SOFTWARE & TECHNOLOGY: Woltz & Associates, Inc. reserves the right to reject any bid at our sole discretion. In the event there are technical difficulties related to the server, software, or any other online auction-related technologies, Woltz & Associates, Inc., reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR WOLTZ & ASSOCIATES, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information deemed necessary by Auction Company.

Online bidders must register by NOON on Wednesday, October 30, 2024.

SOLD – Real Estate Auction: 442± Acres Offered in 8 Tracts

 

Real Estate Auction 6/29/23 @ 1:00pm, at Peterstown Middle School. Don’t miss the opportunity to own one of Monroe County’s most sought after farm estates. This incredible 442± property is truly one of a kind, w/3 residential homes, multiple barns & outbuildings, farm & forest roads throughout, & so much to offer from the agricultural & recreational standpoints. Property would make the ideal family retreat or working farm. Lower elevations of the property offer an abundance of pastureland while higher elevations consist of mixed timber & provide beautiful countryside views. Enjoy the seclusion & privacy Monroe County offers, yet feel secure being within 5 minutes of Peterstown, 30 minutes to Princeton, & 45 minutes from Blacksburg, VA. Property to be offered in individual tracts or any combination of tracts. Main house = 1,607sqft; Guest House 1 (2 bedrooms, 1 bath, no kitchen) = 708 sqft; Guest House 2(2 bedrooms, 2 bathrooms) = 1,248 sqft.
PROPERTY PREVIEW: June 25th, Noon-3:00pm.

*Hold Harmless (in Documents) must be signed & sent to LA’s office before accessing any of the trails on property. May be sent to reaves@woltz.com

 

  • Three Residential Homes On The Property
  • Perfect Mountain Getaway
  • Pasture & Wooded Land
  • Breathtaking Mountain & Countryside Views
  • Adjoins Appalachian Trail
  • Multiple Barns And Outbuildings
  • Quality Fencing Throughout The Property, Including High-Fence Area
  • Three Small Farm Ponds
  • Koi Pond (Behind Main House)
  • Farm Roads And Trails Wind Throughout The Property
  • Five Minutes To Peterstown, WV
  • 30 Minutes To Princeton, VA
  • 45 Minutes To Blacksburg, VA
  • 1:30 Minutes To Roanoke, VA
  • No Zoning In Monroe County
  • Approximately 110 Acres Of Open Land And 350 Acres Of Wooded Land
  • Abundant Wildlife
  • 2021 Real Estate Taxes = 1,699.21 (Estimated)
  • Property In Farm-Use (Discounted Tax Rate)

 

Tract Acreage (±)
1 5.408
2 21.563
3 14.550
4 48.598
5 26.957 (3 residential homes)
6 152.673
7 80.687
8 91.873

Tract 5 has non-exclusive water rights to spring on tract 6 to existing structures.
Tract 3 has non-exclusive water rights to spring feeding water trough from tract 7.
Tract 4 has non-exclusive water rights to spring feeding water troughs.
Adjacent property owner has non-exclusive rights to spring on Tract 7 along with right to maintain waterline through Tracts 7, 8, 4, and 3.

 

Utilities

  • Electricity = Appalachian Power
  • Internet = Viasat 
  • Water = Spring (all three houses)
  • Sewer = Septic (Main and Guest House #1 combined, separate septic for Guest House #2)

Main Houses (On Tract 5)

 

  • Built in 1996 (According to Tax Cards)
  • 1,607± Square Feet
  • 2 Bedrooms
  • 2 Bathrooms
  • Large family room with floor to ceiling windows and adjacent space for long dining table.
  • Mexican Saltillo tiles with designer-selected wall tiles in the main house kitchen.
  • Office with exterior door to exterior stone deck 
  • Full size washer and dryer
  • Additional freezer
  • Mudroom
  • Stone Exterior
  • Attached Greenhouse
  • Large stone deck with stone grill for entertaining
  • Pool adjacent to the house (not in use – liner torn) 
  • Metal roof
  • Central Air
  • Heat Pump 
  • Koi pond

Guest House #1 (On Tract 5)

 

  • Built in 1984 (According to Tax Cards)
  • 708± Square Feet
  • 2 Bedrooms, one with loft with wooden stairs to loft
  • 1 Full large Bathroom
  • Living room with two-side exposure
  • Metal Roof
  • Stone Exterior
  • Refrigerator, but no Kitchen 
  • Wrap around deck
  • Propane heat
  • No AC
  • Spring and Septic hooked up to main house
  • Water heater = propane

Guest House #2 (On Tract 5)

 

  • Built in 1996 (According to Tax Cards)
  • 1,248± Square Feet
  • 2 bedrooms
  • Large dining space
  • Family room with floor to ceiling windows overlooking pastures and rolling hills
  • 2 full bathrooms
  • Log siding exterior
  • Covered front and back deck
  • Propane Heat
  • Air = Heat Pump
  • Spring (hooked up to main house)
  • Septic 
  • Water heater = Propane

Directions

From Blacksburg: Take US-460 West for 28 miles, turn right onto Old Virginia Ave, in 0.3 mile take right onto Federal St. towards Peterstown, WV. Travel 2.1 miles and keep left onto Market St. In 1.4 miles take right onto Green Valley Rd. Travel 1.6 miles – property is on your right.

Location Map

 

Place Distance from Subject Property
Princeton, WV 23 Miles
Blacksburg, VA 37 Miles
Roanoke Airport 77 Miles

 

Auction for:
1696 Green Valley Rd.
Peterstown, WV 24963

 June 29, 2023, at 1:00 PM ET
Auction Location: Peterstown Middle School
5414 Ballard Red Sulphur Pkwy, Peterstown, WV 24963

AUCTION SALE:  The Property will be sold subject to Seller’s confirmation of the high bid minimum bid for all tracts $1,000,000.  Purchaser will execute the Auction Real Estate Purchase Agreement as required in Paragraph 2.  The 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. Bidding signifies you have read and are in agreement with the terms and conditions of the auction. 

  1. REAL ESTATE DEPOSIT: The Buyer is required to pay a deposit in the amount of ten percent (10%) of the contract sales price and sign an Auction Real Estate Purchase Agreement immediately following SELLERS acceptance of the bid. Buyer may wire funds ($25.00 wire fee), present a cashier’s check or personal check with a bank letter of good standing for the earnest money deposit.
  2. FINANCING:  Your bidding and purchase of the property are NOT CONDITIONAL UPON FINANCING.  Be sure you have arranged financing, if needed, and are capable of paying cash at settlement.
  3. LIABILITY:  Bidders inspecting property enter at their own risk.  Auction Company and Seller assume no risk for bodily injury or damage to personal property.
  4. HOLD HARMLESS: The Hold Harmless must be signed and submitted to Auction Company’s office before accessing any of the trails on the property [See woltz.com for Hold Harmless form].
  5. BUYER’S PREMIUM:  The Buyer’s Premium on the real estate is five percent (5%) of the high bid amount.  The Buyer’s Premium will be added to the high bid to determine the final contract sales price.
  6. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
  7. REAL ESTATE DEED AND POSSESSION:  The real estate will be conveyed by a General Warranty deed to be prepared at the expense of the Seller and the cost of West Virginia deed transfer tax shall be borne by the Seller.  It is agreed the Property is being conveyed 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 which shall be on or before August 14, 2023.  The contract to purchase is not assignable.  Possession of the Property shall be given to the buyer at settlement.
  8. BOUNDARY LINES:  Boundaries on aerial photos, topographic maps, and otherwise, are approximate and are subject to verification by all parties relying on them.
  9. DISCLOSURE: Adjacent property owner, Tim Bradley, has non-exclusive rights to spring on Tract 7 along with the right to maintain waterline through Tracts 7, 8, 4, and 3. Tract 5 has non-exclusive water rights to spring on Tract 6 to existing structures. Tract 4 has non-exclusive water rights to spring feeding water troughs. Tract 3 has non-exclusive water rights to spring feeding water trough from Tract 7. If any of the Tracts 3-8 sell individually the Road Maintenance Agreement will go into effect. The acreage on our brochure was estimated prior to the completion of the survey and differs slightly from the final plat; please refer to the survey for exact acreage and division layout.
  10. BIDDING: The bidding is hereby offered to registered bidders only.
  11. CONFIRMATION: All auction tracts are sold subject to Seller Confirmation.
  12. GENERAL: The information contained in the brochure, on woltz.com, all advertising, and the Bidder’s Information Packet is subject to verification by all parties relying on them.  No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company.
  13. BROKER PARTICIPATION: Any appropriately licensed West Virginia broker whose agent properly registers the successful high bidder will be paid a 2% commission based upon the high bid, and will be paid at settlement by the Seller. Applications 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 the Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. or by email at hannah@woltz.com no later than 12:00pm, June 28, 2023. Participating Broker must sign the Real Estate Purchase Agreement for winning bid. Agents acting as principals buying on their own behalf, on behalf of family members, other licensed real estate agents, or who represent prospects that have had prior contact with the Seller or Auction Company are not eligible. An agent may register and represent only one Bidder for this auction.
  14. SOFTWARE & TECHNOLOGY: Woltz & Associates, Inc. reserves the right to reject any bid at our sole discretion. In the event there are technical difficulties related to the server, software, or any other online auction-related technologies, Woltz & Associates, Inc., reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR WOLTZ & ASSOCIATES, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information deemed necessary by Auction Company.

SOLD – Real Estate Portfolio Auction (PM Session)

  • PM Auction Tract 1: 907 Hunting Ridge Road, Martinsville, VA
  • PM Auction Tract 2: 1266 & 1268 Westover Drive, Collinsville, VA
  • PM Auction Tract 3: 1280 &1282 Westover Drive, Collinsville, VA
  • PM Auction Tract 4: 723 Jefferson St. Martinsville, VA
  • PM Auction Tract 5: 221 Broad St., Martinsville, VA
  • PM Auction Tract 6: 205 Broad St., Martinsville, VA
  • PM Auction Tract 7: 216 College St., Martinsville, VA
  • PM Auction Tract 8: 212 College St., Martinsville, VA
  • PM Auction Tract 9: 612 E Church St., Martinsville, VA
  • PM Auction Tract 10: 1111 Chatham Hgts Rd., Martinsville, VA
  • PM Auction Tract 11: 1121 Chatham Hgts Rd., Martinsville, VA
  • PM Auction Tract 12: 1414 Mountain Rd., Martinsville VA
  • PM Auction Tract 13: 1776 Trenthill Dr., Bassett, VA
  • PM Auction Tract 14: 126 Dexter St., Martinsville, VA
  • PM Auction Tract 15: 64 Beaver Rd., Martinsville, VA
  • PM Auction Tract 16: 900 Banks Rd., Martinsville, VA
  • PM Auction Tract 17: 902 Banks Rd., Martinsvile, VA
  • PM Auction Tract 18: 634 Fayette St., Martinsville, VA
  • PM Auction Tract 19: 224 Pine St., Martinsville, VA
  • PM Auction Tract 20: 208 Stuart Street, Martinsville, VA
  • PM Auction Tract 21: 1204 Chatham Hgts Rd., Martinsville, VA
  • PM Auction Tract 22: 841 Liberty St., Martinsville, VA
  • PM Auction Tract 23: 907 Liberty St., Martinsville, VA
  • PM Auction Tract 24: 915 Liberty St., Martinsville, VA
  • PM Auction Tract 25: 911 Liberty St., Martinsville, VA
  • PM Auction Tract 26: 913 Liberty St., Martinsville, VA
  • PM Auction Tract 27: 909 Liberty St., Martinsville, VA
  • PM Auction Tract 28: 112 Ellsworth St., Martinsville, VA
  • PM Auction Tract 29: 110 Ellsworth St., Martinsville, VA
  • PM Auction Tract 30: 116 Ellsworth St., Martinsville, VA
  • PM Auction Tract 31: 111 Maple St., Martinsville, VA
  • PM Auction Tract 32: 115 Maple St., Martinsville, VA
  • PM Auction Tract 33: 119 Maple St., Martinsville, VA
  • PM Auction Tract 34: 114 Maple St., Martinsville, VA
  • PM Auction Tract 35: 1206 Chatham Hgts Rd., Martinsville, VA
  • PM Auction Tract 36: 112 Maple St., Martinsville, VA
  • PM Auction Tract 37: 109 Maple St., Martinsville, VA
  • PM Auction Tract 38: 117 Maple St., Martinsville, VA
  • PM Auction Tract 39: 122 Maple St., Martinsville, VA
  • PM Auction Tract 40: 1413 Rivermont Hts., Martinsville, VA
  • PM Auction Tract 41: Vacant lot beside 907 Hunting Ridge Road (P1), Martinsville, VA

Broker Participation

Any broker actively licensed in the Commonwealth of Virginia 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 November 15, 2022. 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.

Terms & Conditions Of Auction

1. REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 9:00 AM for the AM SESSION and 3:00 PM for the PM SESSION. Please bring a driver’s license for identification.
2. AUCTION SALE: The property will be sold subject to seller confirmation of the high bid. 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.
3. 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.
4. LIABILITY: Bidders inspecting property enter at their own risk. Auction Company and Seller assume no risk for bodily injury or damage to personal property.
5. 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.
6. ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
7. BUYER’S PREMIUM: The Buyer’s Premium on the real estate is 5% of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final sale price.
8. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
9. LEAD PAINT: The majority of the properties in this auction were built prior to 1978 and may contain lead-based paint. A lead-paint inspection may be performed by bidders prior to the auction sale date. Applicable lead paint documents and information are available from Auction Company. Bidders will be provided a lead-paint disclosure prior to signing a real estate purchase agreement and agree to waive the ten (10) day right to inspection after the auction sale.
10. 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 cash, cashier’s check, or pre-approved personal check payable to Woltz & Associates, Inc. Escrow Account. 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.
11. 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, 2023. There will be no assigning of tracts or deeds between bidders. Tracts will be deeded in the manner purchased at the auction.
12. BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate.
13. 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.
14. LEASES: Copies of all the leases we have are on our web site and all properties are being sold subject to their existing lease. Rents posted in brochure and on website are from management company and are believed to be accurate.

SOLD – Real Estate Portfolio Auction (AM Session)

 

  • AM Auction Tract 1: 320 Commonwealth Blvd.
  • AM Auction Tract 2: 1900 Virginia Ave.
  • AM Auction Tract 3: 706 N Memorial Ave.
  • AM Auction Tract 4: GPS 4571 Westover Drive, Danville, VA
  • AM Auction Tract 5: 25 Ridgewood Terrace Townhomes
  • AM Auction Tract 6: 1515 Church Street Ext., Townhomes
  • AM Auction Tract 7: 29 Broad Street
  • AM Auction Tract 8: 25 Broad Street
  • AM Auction Tract 9: 100 Buena Vista Ave, Stuart, Virginia
  • AM Auction Tract 10: Chatham Road, 115± acre timber land tract
  • AM Auction Tract 11: Chatham Road, 108± acre timber tract
  • AM Auction Tract 12: Chatham Road, 17.2± acres in 6 tracts
  • AM Auction Tract 13: 3921 Greensboro Road, Ridgeway, VA
  • AM Auction Tract 14: Chatmoss Court Ext/Mt Olivet, 36± acres
  • AM Auction Tract 15: 16783 A L Philpott Hwy
  • AM Auction Tract 16: 5.5± Acres Located at the End of Melody Lane
  • AM Auction Tract 17: 137 Daniel Rd., Axton Va
  • AM Auction Tract 18: Faulkner Drive/Jessteen Lane, Bassett Va
  • AM Auction Tract 19: 3838 Dillons Fork Rd, Fieldale Va
  • AM Auction Tract 20: 940/950 Blackberry Rd., Bassett, VA
  • AM Auction Tract 21: 910 Blackberry Rd., Bassett, VA
  • AM Auction Tract 22: 930 Blackberry Rd., Bassett, VA
  • AM Auction Tract 23: Blackberry Rd Lots
  • AM Auction Tract 24: 45 Bermuda Dr., Bassett, VA
  • AM Auction Tract 25: 83 Mary Hunter Rd., Bassett, VA
  • AM Auction Tract 26: 67 Mary Hunter Rd., Bassett, VA
  • AM Auction Tract 27: Oakhaven Road, Bassett VA

Broker Participation

Any broker actively licensed in the Commonwealth of Virginia 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 November 15, 2022. 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.

Terms & Conditions Of Auction

1. REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 9:00 AM for the AM SESSION and 3:00 PM for the PM SESSION. Please bring a driver’s license for identification.
2. AUCTION SALE: The property will be sold subject to seller confirmation of the high bid. 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.
3. 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.
4. LIABILITY: Bidders inspecting property enter at their own risk. Auction Company and Seller assume no risk for bodily injury or damage to personal property.
5. 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.
6. ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
7. BUYER’S PREMIUM: The Buyer’s Premium on the real estate is 5% of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final sale price.
8. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
9. LEAD PAINT: The majority of the properties in this auction were built prior to 1978 and may contain lead-based paint. A lead-paint inspection may be performed by bidders prior to the auction sale date. Applicable lead paint documents and information are available from Auction Company. Bidders will be provided a lead-paint disclosure prior to signing a real estate purchase agreement and agree to waive the ten (10) day right to inspection after the auction sale.
10. 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 cash, cashier’s check, or pre-approved personal check payable to Woltz & Associates, Inc. Escrow Account. 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.
11. 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, 2023. There will be no assigning of tracts or deeds between bidders. Tracts will be deeded in the manner purchased at the auction.
12. BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate.
13. 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.
14. LEASES: Copies of all the leases we have are on our web site and all properties are being sold subject to their existing lease. Rents posted in brochure and on website are from management company and are believed to be accurate.

SOLD – Smith Mountain Lake Waterfront Estate and Land Auction

356 Acres with 3.2 Miles of Lake Frontage
37 parcels / 29 Lakefront

29 of the best waterfront lots on Smith Mountain Lake.
Large acreage and lots of water frontage.

 

“Never Before” And Possibly “Never Again” Such an Offering on Smith Mountain Lake!

Auction Tract 1: 14.377± Acres. Nice wooded tract close to the lake
Auction Tract 2: 20.608± Acres. 754′ Water Frontage. Large wooded waterfront property with additional access off Montevista Road
Auction Tract 3: 14.494± Acres. 514′ Water Frontage.  Waterfront wooded lot with mountain views
Auction Tract 4: 19.335± Acres, 812’ of waterfront, sandy beach, big water view
Auction Tract 5: 6.763± Acres. 318′ Water Frontage. Big water/mountain view from a wooded lake lot
Auction Tract 6: 5.2± Acres. 326′ Water Frontage. Nice gently sloping lot with big water views, some open land
Auction Tract 7: 5.2± Acres. 455′ Water Frontage. Long water frontage with wide water views
Auction Tract 8: 5.223± Acres. 369′ Water Frontage. Nice gently sloping lot with its own private cove
Auction Tract 9: 5.147± Acres.  615′ Water Frontage.  Partial point lot, big water views and lots of water frontage
Auction Tract 10: 5.221± Acres.  917′ Water Frontage.  The best of the best over 900 feet of water frontage and big point looking at big water and Smith Mountain
Auction Tract 11: 5.176± Acres. 794′ Water Frontage. Amazing semi point lot, main channel, lots with awesome views. Nice! Nice! Nice!
Auction Tract 12: 5.205± Acres.  779′ Water Frontage. Beautiful waterfront lot with big water views
Auction Tract 13: 5.966± Acres. 838′ Water Frontage.  Nice level waterfront lot with gentle slope, open fields and woodland
Auction Tract 14: 7.873± Acres.  551′ Water Frontage.  Amazing waterfront lot, wildlife galore and large open field
Auction Tract 15: 12.264± Acres.  667′ Water Frontage.  Nice private lake lot feels very secluded. Part wooded and part open fields
Auction Tract 16: 17.032± Acres.  444′ Water Frontage.  Great waterfront lot, open and wooded land
Auction Tract 17: 5.187± Acres.  478′ Water Frontage.  Open field and woodland area, long water frontage
Auction Tract 18: 5.2± Acres.  559′ Water Frontage.  Long view and lovely point lot
Auction Tract 19: 5.372± Acres.  632′ Water Frontage.  Great beach lot with amazing view
Auction Tract 20: 5.142± Acres.  1,019′ Water Frontage.  One of the best! 1,019 feet of big water frontage!!! And a beach
Auction Tract 21: 5.383± Acres.  834′ Water Frontage.  This is the one with 4’ x 8’ banner sign, you have seen it from the water. Another top pick. Mostly open pasture
Auction Tract 22: 5.193± Acres.  862′ Water Frontage.  Check out this view for sure. Looking back into Bull Run, mostly open, long waterfront
Auction Tract 23: 5.05± Acres.  488′ Water Frontage.  This is a waterfront point lot. Mostly open
Auction Tract 24: 5.15± Acres.  661′ Water Frontage.  Great building site and look at how gentle to water it is
Auction Tract 25: 5.2± Acres.  388′ Water Frontage.  Point lot with great view up Bull Run
Auction Tract 26: 5.2± Acres.  437′ Water Frontage.  Just like 25 an amazing lot with open pasture
Auction Tract 27: 5.196± Acres.  321′ Water Frontage.  Nice waterfront lot, open land
Auction Tract 28: 5.3± Acres.  227′ Water Frontage.  Nice waterfront lot with gentle slope, mostly open
Auction Tract 29: 8.044± Acres.  220′ Water Frontage.  Look at buying this one and add 30 – 31 and maybe 32. Look at what an amazing place you would put together
Auction Tract 30: 18.927± Acres.  764′ Water Frontage.  Nice waterfront lot
Auction Tract 31:30.487± Acres.  Nice, private, heavily wooded building tract
Auction Tract 32: 31.278± Acres.  Nice, private, wooded building tract
Auction Tract 33: 21.92± Acres.  Nice building tract on Dillards Hill Road
Auction Tract 34: 15.811± Acres.  Nice building tract on Dillards Hill Road
Auction Tract 35: 12.832± Acres.  Nice wooded tract on Dillards Hill Road


Auction Tract 36: 26± Acres. 658′ Water Front. 6 Bedroom, 8 Bath Manor Home.
Appalachian Power Company and Franklin Real Estate have decided to offer their beloved Penn Hall Manor to the public. This cherished property will be offered with 26 private acres having 658 feet of water frontage. The Penn Hall Manor was formally owned by the Brown family and was known as the B-Bar-B Ranch. During those years the home acted as the nucleus of the farm, having 6 bedrooms and 8 baths (6 above grade, 2 in basement), commercial kitchen and lots of areas to enjoy the peaceful surroundings. This property is perfect for a wedding venue, event center, corporate retreat or just a quiet, private family compound. There is a large barn also as part of the grounds that could be used for everything from storage to event related uses.
Auction Tract 37: Brick house on 4 acres. This house has 3 bedrooms and 1 bath with a full basement. It is located at the entrance of Penn Hall Manor and would make for a great caretaker/staff home for Penn Hall. This home was used by AEP as office space. This property is being sold subject to a lease to AEP for the following 12 months.

Directions

Old Franklin Turnpike (Rte. 40) at Union Hall turn North on Kemp Ford Road (Rte. 945). Go 1.5 miles and turn right onto Dillards Hill Road (Rte. 663). Go 1.6 miles and property will be on the right.

Articles

Virginia’s Smith Mountain Lake Has Been Named One Of The Best On The East Coast

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Smith Mountain Lake’s 356-acre Penn Hall tract heading to auction later this year

Click to View Article

Broker Participation

Any broker actively licensed in the Commonwealth of Virginia 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 noon on Wednesday, December 1, 2021. 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.

Terms & Conditions

1. REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 3:00 PM. Please bring a driver’s license for identification.
2. AUCTION SALE: The property is being sold subject to seller confirmation of the high bid 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.
3. 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.
4. LIABILITY: Bidders inspecting property enter at their own risk. Auction Company assumes no risk for bodily injury or damage to personal property.
5. 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.
6. ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
7. BUYER’S PREMIUM: The Buyer’s Premium on the real estate is 5% of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final sale price.
8. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
9. LEAD PAINT: The homes in this auction were built prior to 1978 and may contain lead-based paint. A lead-paint inspection may be performed by bidders prior to the auction sale date. Applicable lead paint documents and information are available from Auction Company. Bidders will be provided a lead-paint disclosure prior to signing a real estate purchase agreement and agree to waive the ten (10) day right to inspection after the auction sale.
10. 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 cash, cashier’s check, or pre-approved personal check payable to Woods Rogers PLC, Escrow Agent. 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.
11. 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 January 18 – April 26, 2022. There will be no assigning of tracts or deeds between bidders. Tracts will be deeded in the manner purchased at the auction.
12. BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate. Refer to survey for exact boundary locations.
13. 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.

SOLD – Thousand Islands Auction

Clayton, New York
THOUSAND ISLANDS AUCTION
6 Valuable Properties Offered at Auction at the Clayton Opera House
Sold

Sale 1 – Tracts 1, 2, 4, 5, 6, 7

Fox Run – On the magnificent Palisades along the St. Lawrence

Fox Run37247 NY State Route 12E , Clayton, NY, 13624, Jefferson County. This incredible villa with its Italian influence will be offered with 27± beautiful acres. It includes the nationally recognized gardens and grounds accredited and included in the Archives of American Gardens at the Smithsonian Institute. Having been the focus of many magazine articles and stories, this home offers unmatched surroundings and is one of the most spectacular waterfront properties in the 1000 islands region. Waterfalls along a small stream, flowing fountains, stone sculptures, pebbled walking trails, quiet sitting areas all embrace the privacy of this exclusive estate. There is a wonderful secluded garden house that looks like a fairy tale palace offering a peaceful retreat within the grounds. The crystal clear water of the St. Lawrence River splashes on the shoreline for almost 765 feet helping secure its uniqueness. A 50’ boat dock offers easy docking and access to enjoy this one of a kind water wonderland. The home encompasses approximately 6,000 square feet of incredible space having a magnificent 945 sq. ft. entertaining room with 10 foot ceilings and floor to ceiling windows. From the home’s perch on the rock bluff, one is introduced to some of the most exciting views of the St. Lawrence River and the spectacular sunsets over Lake Ontario. The property will be offered in two tracts, one with the manor home and 22 acres, the other with 5.8 acres and the garden house. Both will have river frontage. Suggested opening bid $1,500,000 for Tract 1. Shown on Inspection Dates or by appointment.

Directions: From Clayton – West on Rt. 12E towards Cape Vincent 4.6 miles. Tracts 1 and 2 are on the right; Tracts 4 and 5 on the left; Tract 6 and 7 front on Pelo Rd. From Cape Vincent – 12E towards Clayton, go 10.3 miles.

Sales 1 and 2 – Tracts 1 thru 9

Fox Run Aerial Lion’s Head Aerial

Tract 1 – Fox Run – 22± acres
6000± sq foot Italian villa with 515± feet of frontage on the St. Lawrence River, nationally renowned gardens and incredible grounds, 50’ boat dock, big views of the river.

Tract 2 – Fox Run – 5.8± acres
240± feet of river frontage, a quaint garden house with beautiful arched windows overlooking the gardens and fountains which have been the centerpiece of many articles by national garden magazines.

Tract 3 – Lion’s Head 15.6± acres
5600± sq ft of beautifully finished space, 5 bedrooms, 4.5 baths, 5 fireplaces, huge outdoor stone patio, a swim
platform on the river, large garage and a detached timber frame barn/workshop with an upstairs loft area and 470± feet of river frontage perfectly blended with the existing conservation easement.

Tract 4 – 23.15± acres
Frontage on Route 12E. It is open, level hay/pasture land that would make a great recreational property or farming tract. The existing conservation easement allows for horse/cattle barns, farm buildings and related structures in addition to a residence of your size and design. Sold without Reserve.

Tract 5 – 97.95± acres
Long frontage on 12E just across from tracts 1-3. This is a great agricultural and recreational tract which has the same opportunities as tract 4 with the addition of owning 1/2 of a large duck pond which was installed with the help of Ducks Unlimited and the Corps of Engineers. Sold without Reserve.

Tract 6 – 29.2± acres
Frontage on Pelo Rd. This open, rolling tract has unlimited potential as a development tract, agricultural/ farming or recreational property. It is enhanced by having the property on two sides in a conservation easement. There are great tax benefits, both Federal and State, by placing this in a conservation easement. Please see the link to
the Thousand Islands Land Trust site for additional information. Sold without Reserve.

Tract 7 – 91.9± acres
Long frontage on Pelo Rd. A duck hunters paradise. This tract would be a wonderful recreational boundary which has the other half of the large duck pond mentioned in tract 5. This property is currently under a 30 year easement with the Natural Resource Conservation Service that has 28 years remaining at which time it becomes an unrestricted tract. Sold without Reserve.

Tract 8 – 33.8± acres
Frontage on Pelo Rd. This track has a beautiful 3 acre building envelope with the balance of the land being left in its natural state which is in a conservation easement. This property joins the NRCS easement with the duck pond/habitat. Sold without Reserve.

Tract 9 – 16.72± acres
Excellent home site. This remarkable waterfront parcel offers majestic views of the St. Lawrence River and Canada. Lovely meadow and cedar and hemlock woods. 507 feet of waterfront. Good frontage on public road but no driveway yet established. Protected by conservation easement.

Terms & Conditions (Sales 1- 6):

REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 10:00 AM. Please bring a driver’s license for identification.
AUCTION SALE: Sale 1 – Tracts 4 thru 7; Sale 2 – Tract 8; and Sale 4 – Tracts 1 and 2 will be sold absolute to the high bidder. Sale 1 – Tracts 1 and 2; Sale 2 – Tract 3; Sale 3; Sale 5 – Tracts 1 thru 6; and Sale 6 will be sold subject to Seller confirmation of the high bid.
ALL 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.
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, any grouping of tracts or on the whole property as offered at the auction. 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 5% of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final sale price.
AGENCY: Schrader Real Estate & Auction Company, Inc., (Rex D. Schrader, Broker NY#32SC1115028), Woltz & Associates, Inc. (Auctioneers) and their representatives REPRESENT THE SELLERS.
LEAD PAINT: Some of the residential property in this auction was built prior to 1978 and may contain lead-based paint. A lead-paint inspection may be performed by bidders prior to the auction sale date. Applicable lead paint documents and information are available from Auction Company. For property built prior to 1978, bidders will be provided a lead-paint disclosure prior to signing a real estate purchase agreement and agree to waive the ten (10) day right to inspection after the auction sale.
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 cash, cashier’s check, or pre-approved personal check payable to: Menter, Rudin & Trivelpiece, P.C., Counselors at Law for Sale 2. For all other properties, checks should be made payable to: Schwerzmann & Wise, P.C. Personal checks will be approved subject to collection 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 warranty deed or fiduciary 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 September 29, 2008 for Sale 3. Settlement is due on or before October 29, 2008 for Sales 1, 2, 4, 5 and 6. Property will be deeded to the registered bidder in the manner purchased at the auction.
BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate. Refer to the survey for exact boundary locations of each property.
BROKER PARTICIPATION: A 2% Buyer Referral Fee will be paid to the appropriately licensed real estate broker whose prospect successfully closes on the property sold in this auction. The referral fee is based upon the actual purchase price and will be paid at closing from the proceeds of the sale. Brokers must strictly follow all guidelines set by Schrader Real Estate & Auction Co., Inc. and must be registered by 5:00 PM (EDT) Wednesday, August 27, 2008. Call Auction Company for details and Broker Registration Forms or download the guidelines and form (PDF format) .
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.

Sale is being held in conjunction with Exit More Real Estate.