Real Estate Auction: Roanoke County Delinquent Tax Properties

 

Valuable parcels of real estate located throughout Roanoke County and the Town of Vinton are being offered for sale at auction on behalf of Mark D. Kidd, Special Commissioner. Properties include single family residences, and residential and agricultural lots. 5% buyer’s premium.

Property 1

Tax Map # 060.10-03-22.00-0000
Deeded Acreage (±): Lot
Address / Description:  LT 1 A SEC 7 MYERS MAP
Zoning:  R2 (Vinton)
Assessed Value: $3,500

Property 2

Tax Map # 036.20-01-32.00-0000
Deeded Acreage (±): 0.46
Address / Description:  LT 6-A MEDLEY CT
Zoning:  R2 (Roanoke County)
Assessed Value: $28,000

Property 3

Tax Map # 096.02-01-38.00-0000
Deeded Acreage (±): 0.23
Address / Description:  N 1/2 LTS 8 & 9 SEC 1 SYLVAN BROOK
Zoning:  AR (Roanoke County)
Assessed Value: $1,300

Property 4

Tax Map # 032.00-01-47.00-0000
Deeded Acreage (±): Lot
Address / Description:  LT 6 BLK 4 HIDEAWAY PARK
Zoning:  AG3 (Roanoke County)
Assessed Value: $3,800

Property 5

Tax Map # 036.03-01-45.00-0000
Deeded Acreage (±): 0.32
Address / Description:  1468 DEBORAH LN
Zoning:  R1 (Roanoke County)
Assessed Value: $36,500

Property 6

Tax Map #  016.01-01-63.04-0000
Deeded Acreage (±):  2.99
Address / Description:   TR B RESUBD FOR TIM & SARA TUELL OFF CAT
Zoning:   AR (Roanoke County)
Assessed Value:  $20,000

Property 7 – Withdrawn

Tax Map # 026.20-02-53.00-0000
Deeded Acreage (±): Lot
Address / Description:  7265 TWIN FORKS DR
Zoning:  R1 (Roanoke County)
Assessed Value: $261,800

Property 8

Tax Map # 090.00-03-24.00-0000
Deeded Acreage (±): 1.478
Address / Description:  BACK CREEK
Zoning:  AG1 (Roanoke County)
Assessed Value: $31,300

Property 9

Tax Map # 074.00-02-31.00-0000
Deeded Acreage (±): 0.39
Address / Description:  4035 GLADDEN RD
Zoning:  AG3 (Roanoke County)
Assessed Value: $68,300

Property 10

Tax Map # 015.02-03-32.00-0000
Deeded Acreage (±): 0.31
Address / Description:  3455 RUSTY RD
Zoning:  AR (Roanoke County)
Assessed Value: $113,200

Property 11

Tax Map #  061.17-03-06.00-0000
Deeded Acreage (±):  Lot
Address / Description:   LT 7 JNO D DILLON MAP
Zoning:   R1 (Vinton)
Assessed Value:  $4,800

Property 12

Tax Map #  015.02-01-12.00-0000
Deeded Acreage (±):  0.5
Address / Description:   3912 CARTERDELL RD
Zoning:   AR (Roanoke County)
Assessed Value:  $27,500

Property 13

Tax Map #  111.00-02-34.00-0000
Deeded Acreage (±):  2
Address / Description:  9923 FORTUNE RIDGE RD
Zoning:   AR (Roanoke County)
Assessed Value:  $73,100

Property 14

Tax Map #  036.01-02-01.00-0000
Deeded Acreage (±):  27.84
Address / Description:  MASONS CREEK
Zoning:   AG1 / C2  (Roanoke County)
Assessed Value:  $107,500

Information was obtained from Roanoke County records.

Boundaries on aerial photography are approximate.

Property information is also available on the Roanoke County GIS site —
https://www.roanokecountyva.gov/76/GIS-Maps-Apps

Viewing in Full Screen will allow you to switch to other views including Satellite.

Terms & Conditions of the Auction

  1. REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 9:00 AM. Please bring your driver’s license for identification.
  2. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER, MARK D. KIDD, SPECIAL COMMISSIONER.
  3. AUTHORITY FOR SALE: The sale is by Order of the Roanoke County Circuit Court. All properties will be sold at auction subject only to Roanoke County Circuit Court confirmation. The hearings on confirmation of the sales of the properties will be held at 3:00 PM on Thursday, October 6, 2022.
  4. TERMS OF SALE: All property is sold “AS IS, WHERE IS” and with any faults. 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 with respect to the property as they deem necessary or appropriate. Inspection of the properties is performed at the potential bidder’s own risk. Except for the required Circuit Court approval referenced in paragraph 3, all sales are final. The properties are sold subject to any applicable conditions or easements of record including utilities, construction, sewer, water, stormwater, or drainage, and any homeowners’ associations’ covenants and restrictions.
  5. ANNOUNCEMENTS: Announcements made on the day of sale take precedence over all prior communications, verbal and written, concerning this sale. Detailed terms and conditions will be provided on the day of sale.
  6. BUYER’S PREMIUM: A Buyer’s Premium will be charged. The Buyer’s Premium is five percent (5%) of the high bid amount. The Buyer’s Premium will be added to the high bid amount to determine the sales price.
  7. DEPOSIT ON REAL ESTATE: Immediately following the sale, successful bidders will be required to sign an Offer of Purchase, a copy of which is available from the Auction Company. The successful bidder must pay a deposit in the amount of ten percent (10%) of the purchase price (high bid plus Buyer’s Premium) at the time the Offer of Purchase is signed on the day of sale. The deposit is payable by cash, cashier’s check, or pre-approved personal check made payable to Mark D. Kidd, Special Commissioner. Personal checks will be approved if the Buyer presents, at time of registration, a letter from its bank stating that the Buyer is a customer of the bank and that the account on which the check is drawn is in good standing.
  8. CLOSING DATE: The balance of the purchase price is due within fifteen (15) days following entry of the decree confirming the sale. This is a cash transaction and is not conditioned upon the bidder obtaining financing.
  9. CLOSING COSTS: The purchaser shall pay any Grantor’s tax and all expenses of recording and closing.
  10. TRANSFER OF TITLE: The Real Estate will be conveyed by special warranty deed free and clear of all liens, except as noted in paragraph 4 above and current real estate taxes which shall be prorated.
  11. BIDDER PACKETS: Preliminary Bidder Packets containing assessor’s cards and other information about the properties are available from the Auction Company upon request.
  12. WITHDRAWAL OF PROPERTY: The Seller may withdraw a property from the sale if the current owner exercises its right to redeem before 5:00 PM on September 29, 2022.

Real Estate Investment Portfolio

This fine portfolio includes commercial, retail, office, multifamily and single-family residential properties, along with timberland and building lots.

More information coming soon

Online Auction: 219± Acres – 11 Tracts

  • Incredible Mountain and Countryside Views
  • Secluded Setting
  • Close proximity to Interstate 81
  • Mostly Wooded Land
  • Abundant Wildlife
  • Recently Surveyed
  • Great potential for Residential and Recreational Uses

Auction Tract Acreage (±)
1 (Under Contract) 30.00
2 (Under Contract) 2.00
3 (Under Contract) 24.478
4 21.205
5 20.03
6 20.002
7 20.003
8 20.007
9 20.010
10 20.177
11 21.762

30 Minutes from Downtown Roanoke and Downtown Blacksburg!

Directions

From Roanoke; Take Interstate 81 South 16 miles, Take exit 128 to Ironto. Travel 600 feet and take right onto N Fork Rd, Travel 500 feet and take right, in 500 feet turn left onto Reese Mountain Rd. See signs for parcels on left, travel further up Reese Mountain Rd to see additional parcels.

Broker Participation Offered (2% of High Bid)
5% Buyer’s Premium

More Information Coming Soon

Otis Joyce Estate Real Estate Auction

 

This wonderful investment portfolio includes single family homes and trailers along with duplexes, triplexes, quadplexes, trailer parks, and vacant land. Pick and choose what works for you and your investment goals.

Otis took a lifetime to put this portfolio together and the family is giving you the opportunity to buy it all at Absolute Auction. You set the price. Don’t miss this opportunity!

Rocky Knob Trailer Park

Auction Tract 1:

Rocky Knob Trailer Park
Approved For 100 Spaces Currently Houses 31 Rented Spaces.

24 Park Owned Trailers

Trailer Spots Rent For $125 And There Are 7 Spots Currently Rented.

Rent Roll Potential $101,200/Annual

GPS Stillbrook Dr & Joyce Park Dr, Bassett, VA

Property ID: 121240008

Orchard Manor

The Trailer Park and Duplexes share a well. The Trailer Park will be sold as one unit, the three duplexes will be sold individually. There will be a shared well agreement which means they will all pay a prorated share of the well, electric bill and maintenance. Each unit will be responsible for maintaining the water line to their structure. PSA water is on the adjacent road and if a unit owner decides to run PSA water to their property they would be exempt from payment and maintenance. The well is located on Auction Tract 4.

Auction Tract 2:

Oak Grove Park
12 Space Trailer Park. Units 1-12
$34,200/Potential Annual

7 Park Owned Trailers
5 Lot Rentals

GPS Oakgrove Park Ln, Bassett, VA

Property IDs: 001830001 and 135280025

Orchard Manor Duplexes

Auction Tract 3:

Units 26 & 27
$4,800/Potential Annual

Property ID: 135280024

Auction Tract 4:

Units 22 & 23
$6,180/Potential Annual

Property ID: 135200001

Auction Tract 5:

Units 24 & 25
$6,000/Potential Annual

Property ID: 135140016

GPS Hephill Dr, Bassett, VA

 

Duplexes and QuadPlexes, Ebb Drive and Grace Drive

Auction Tracts 6 thru 11. Units A-F also share a well. The units will be offered separately with the same type shared well agreement. Again, PSA water is adjacent to this property. If an owner hooks to PSA water they will be exempt from the shared well agreement.

Auction Tract 6:

Units 13 & 14 $6,300/Potential Annual

Property ID: 077720001

Auction Tract 7:

Units 15 & 16 $6,000/Potential Annual

Property ID: 077720006

Auction Tract 8:

Units 17, 18, 19 & 20 $12,000/Potential Annual

Property ID: 077720007

Auction Tract 9:

Units 1, 2, 3 & 4 $11,100/Potential Annual

Property ID: 077720003

Auction Tract 10:

Units 5, 6, 7, 8 $11,700/Potential Annual

Property ID: 077720004

Auction Tract 11:

Units 9, 10, 11 & 12 $ 8,700/Potential Annual

Property ID: 077720005

GPS Ebb Dr & Grace Dr In Bassett, VA

Laws Park

Auction Tract 12:

Laws Park
11 Space Trailer Park

9 Rented 2 Vacant

4 Park Owned Trailers $12,720/Potential Annual
5 Lots Rented $7,500/Potential Annual

$20,220/Potential Annual

Property ID: 128160009

GPS Salinas Dr In Bassett, VA

Newmans Park

Auction Tract 13:

Newmans Park
4 Unit Trailer Park And All Trailers Are Park Owned. Also Includes Garage And Well On Springhouse Lane, Bassett (At Intersection of Hwy 57 and Springhouse Lane).

4 Trailers Rent For $13,800/Potential Annual
Garage $ 1,800/Potential Annual
Total Rent $15,600/Potential Annual

Property ID: 161770005

GPS Springhouse Ln, Bassett, VA.

Auction Tract 14:

Brookside Apartments
575 Colonial Hill Dr just off Hwy 220
5 Units Total $15,900/Potential Annual

Property ID: 067890000

Auction Tract 15:

Wright Triplex
263 Graceland Dr.
3 Units Total $9,000/Potential Annual

Property ID: 248750009

McKinley Drive – Put McKinley Dr in GPS, I will have Signs Up

Auction Tract 16:

McKinley Dr Duplex Unit 1 & 2, Plus Adjacent Building, Needs Repair
$7,800/Potential Annual

Property IDs: 248150001, 092710004 & 121245022

Auction Tract 17:

House 78 McKinley Dr $3,900/Potential Annual
House 80 McKinley Dr $3,600/Potential Annual
$7,500/Potential Annual

Property IDs: 163600000 & 163540000

Auction Tract 18:

McKinley Dr. Clubhouse
Plus Extra Lot At Top Of Hill
$4,200/Potential Annual  – No Cell Tower Income

Property IDs: 121240004 & 121240005

Auction Tract 19:

36 Valentine Ct, Martinsville, VA
$4,200/Potential Annual

Property ID: 121240009

Auction Tract 20:  – Removed from Auction

1250 Jarrett Dr
$4,200/Potential Annual

Property ID: 228810001

Auction Tract 21:

1163 Jarrett Dr (House) &1167 Jarrett Dr (Trailer)
$9,000/Potential Annual

Property ID: 176730000

Auction Tract 22:

3255 Columbus Dr
$4,200/Potential Annual

Property ID: 240950000

Auction Tract 23:

3220 Columbus Dr
$3,600/Potential Annual

Property ID: 163855005

Auction Tract 24:

448 Sanville Heights Rd
$4,200/Potential Annual

Property ID: 214210000

Auction Tract 25:

1512 Crestridge Rd – Lot 1
$3,600/Potential Annual

Property ID: 092800000

Auction Tract 26:

1514 Crestridge Rd – Lot 2
$3,600/Potential Annual

Property ID: 092800001

Auction Tract 27:

140 Carson Ln
$3,000/Potential Annual

Property ID: 082890000

Auction Tract 28:

280 Smith Rd, Bassett
$4,200/Potential Annual

Property ID: 121240019

Auction Tract 29:

225 Moses Moore Rd &  23 Lawton Dr
$11,100/Potential Annual

Property ID: 154030000

Auction Tract 30:

1408 Summitt Rd, Martinsville, VA
Partial Shell

Property ID: 121240010

Auction Tract 31: Landcaster Hill Subdivision

44 Vacant Platted Lots Ready For A New Owner
GPS Nolen Rd

Property IDs: 162940002, 162940003, 162940004, 162940005, 162940006, 162940007, 162940008, 162940009, 162940010, 162940011, 162940058, 162940012, 162940013, 162940014, 162940015, 162940016, 162940017, 162940018, 162940019, 162940020, 162940021, 162940022, 162940023, 162940024, 162940025, 162940026, 162940027, 162940028, 162940029, 162940030, 162940031, 162940032, 162940033, 162940034, 162940035, 162940036, 162940037, 162940038, 62940043, 162940044, 162940045, 162940046, 162940047, 162940055

Auction Tract 32: Bartlow Drive Vacant Lot

GPS Bartlow Dr

Property ID: 121240006

Auction Tract 33: Ebb Drive Vacant Lot

Property IDs: 077720002 & 250150000

GPS Ebb Dr


Note the numbers used in advertising are based on potential revenue.

Use GPS for directions. All auction tracts are in Bassett except auction tracts 19 and 30 in Martinsville.

Phone GPS gets you there fine!

We will not be doing open houses. Feel free to do drive by and look at the outside of properties. We will pass along any information the family has but these properties were managed by Otis alone and information is limited.

Everything is on well and septic systems.

7% Buyer’s Premium

TERMS & CONDITIONS OF THE AUCTION

  1. REGISTRATION:  Bids will be accepted only from registered bidders.  Registration begins at Noon EDT.  Please bring a driver’s license for identification.
  2. AUCTION SALE:  All property will be sold absolute to the high bidder regardless of price. 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 before bidding.
  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:    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 seven percent (7%) of the high bid amount.  The Buyer’s Premium will be added to the high bid to determine the final contract sales price.
  8. AGENCYThe Auction Company and its representatives represent the Seller.
  9. REAL ESTATE DEPOSIT:  A deposit in the amount of ten percent (10%) of the contract sales price will be required on day of sale.  The deposit is payable by cash, cashier’s check, business or personal check payable to Woltz & Associates, Inc. Escrow Account. 
  10. TRANSFER OF TITLE TO REAL ESTATE & SETTLEMENT: The real estate will be conveyed by special warranty deed, free and clear of liens, and subject to all rights, reservations, covenants, conditions, easements, rights-of-way, and restrictions of record, as the same may lawfully apply to the Property, and to all matters which would be disclosed by a survey and inspection of the Property. The balance of the purchase price is due at settlement on or before June 27, 2022.
  11. Boundary Lines:  Boundaries on aerial photos and topo maps are approximate.
  12. GENERAL: The information contained in the brochure, on the internet or otherwise, 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.
  13. OTHER DISCLOSURES: Orchard Manor-Auction Tracts 2 thru 5. The Trailer Park and Duplexes share a well. The Trailer Park will be sold as one unit. The three duplexes will be sold individually. There will be a shared well agreement, and each unit will all pay a prorated share of the well, electric bill, and maintenance. Each unit will be responsible for maintaining the water line to its structure. Public Service Authority (“PSA”) water is on the adjacent road, and if a unit owner decides to run PSA water to their property, they would be exempt from payment and maintenance. The well is located on Auction Tract 4.

Ebb Drive and Grace Drive-Auction Tracts 6 thru 11 also share a well. These units will be offered separately with the same type of shared well agreement as Auction Tracts 2 thru 5. Again, PSA water is adjacent to this property. If an owner hooks to PSA water, they will be exempt from the shared well agreement. The well for these units is located on Auction Tract 9.

 

 

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

Click to View Article

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.

For Online Bidding Instructions, please contact a sale manager for  
  “The Shores of Penn Hall” & “The Manor at Penn Hall.”
Russell Seneff- 540-765-7733,   Jim Woltz- 540-353-4582,   or Kara Ferguson- 540-797-7711