Online Absolute Auction: Farm Equipment & Household Items (Oct. 15 – Oct. 24)

 

Farm Equipment – 1988 Chevy 4×4 Truck – Newer Wooden Storage Shed – Household Items – Furniture – Dishware – Figurines & More!

Auction Opens: 8:00 AM EDT Tuesday, October 15, 2024
Auction Closes: 12:00 PM EDT on Thursday, October 24, 2024 by soft close

 

NO PREVIEWS

DIRECTIONS FOR LOAD OUT DAY ONLY: 495 Simmons Road NE, Christiansburg, VA 24073

There will be no staff available to help or assist in moving items. High Bidders are encouraged to bring the appropriate help to move the items off of the property and will need to bring boxes for items purchased to transport!

Online Auction Terms and Conditions

Type: Online-Only Auction- No Reserve-Everything sells regardless of price.
Location:  495 Simmons Rd. Christiansburg, VA 24073
Description: Lina C. Devore Estate Personal Property
Auction Opens: 8:00 AM EDT Tuesday, October 15, 2024

  1. Auction Closes: Auction will start closing at 12:00 PM EDT on Thursday, October 24, 2024 by soft close. A soft close prevents individuals from entering a bid at the very last second before an auction closes with the intent to prevent others from bidding higher. We will have a 2-minute soft close policy for every lot. If the lot is bid on during the lot’s closing period, additional time will be added until no more bidding takes place within the 2-minute period.
  2. Inspection Dates: Preview Auction Items Online.
  3. Personal Property Location & Pickup: The Property is located at 495 Simmons Road, Christiansburg, VA 24073. Pickup times are Saturday, October 26, 2024 from 9AM to 3PM.
  4. Buyer Premium: A 10% Buyer’s Premium will be added to the high bid amount to determine the full purchase amount. For example, if your high bid is $100.00, your total purchase amount will be $110.00 plus sales tax.
  5. Payment: The buyer’s credit card (cc used for registration) will be charged immediately following the close of the auction.  We accept Visa, MasterCard, American Express, and Discover. Buyer’s will be charged a convenience fee of 3.5% of the purchase price. You will be emailed a receipt to the email address you provided during registration.
  6. Credit Card Disclosure: To verify valid credit card information has been provided, your card will be temporarily charged $1.00. The charge will be reversed once the processor has found the card to be valid.
  7. Sales Tax:  Virginia Sales tax (5.3%) will be charged on the personal property.
  8. Disclaimer: Woltz & Associates, Inc. does not guarantee the authenticity of the listed items. Buyer shall be responsible for determining condition and authenticity of each item. All items are sold “AS IS” with all faults. Photographs and descriptions of the items are to aid bidders in the bidding process. We make every effort to ensure that the items are photographed and described as accurately as possible.
  9. All Sales are Final: ALL SALES ARE FINAL WITH NO REFUNDS FOR ANY REASON.  All items sold “AS IS” with no warranty. There shall be no guarantees or warranties, expressed or implied, statutory or otherwise, as to the merchantability or fitness for any particular purpose of any items offered in this sale. It is the Bidder’s responsibility to determine condition, age, genuineness, value, or any other determinative factor. Woltz & Associates, Inc. may attempt to describe the personal property in advertising and on the internet but makes no representations.
  10. Shipping Instructions: THERE IS NO SHIPPING FOR THIS AUCTION.  Buyer is responsible for all shipping logistics and costs. Buyers are responsible for bringing any equipment needed to pick up purchased items.
  11. Removal of Personal Property:  Paid receipt must be shown at time of pickup. BE SURE TO BRING YOUR PAID RECEIPT.  Personal property becomes the responsibility of the buyer at the time of the sale. Neither the Auction Company nor the Seller provides equipment or labor to remove items purchased. The Property is located at 495 Simmons Road, Christiansburg, VA 24073. Pickup times are Saturday, October 26, 2024 from 9AM to 3PM. Failure by the buyer(s) to meet the removal schedule and conditions may result in the loss of your purchases without refund. Auction Company and Seller are not responsible in case of accidents on-premises. Buyers causing damage, harm, creating environmental issues, dumping, destroying or abandoning, refusal, or any other act to cause monetary expense to be incurred to a Seller’s Property or auction site location or property of any type will be held liable for ANY AND ALL damages, cleanup, or repair and may be prosecuted to the fullest extent of the law.
  12. Bid Increments:  Minimum bid increments are as follows:
    Bid Amount                        Bid Increment
    0.00 – 49.00                        2.00 USD
    49.01 – 199.00                   5.00 USD
    199.01 – 500.00                10.00 USD
    500.01- 1,000.00               25.00 USD
    1,000.01- 9,999,999         50.00 USD

  13. Liability: Bidders inspecting or removing enter Property at their own risk.  Auction Company and Seller assume no risk for bodily injury or damage to personal property when inspecting or removing the personal property.
  14. Agency: The Auction Company and its representatives represent the Seller.
  15.  Woltz & Associates, Inc. reserves the right to reject any bid at our sole discretion. Items may be added or deleted from sale. 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.

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

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 Fronts on Teel Street and Adjoins Tract 4
3 0.523 390 Teel Street, Christiansburg, VA – Mobile Home 2 Bed/1 Full Bath Currently Being Rented $300 Mo. – No Lease – Adjoins Tract 4
4 9.27 Fronts on Simmons Road – Open, Mostly Flat
5 16.769 Open Pasture – Down Slope – Views
6 3.625 Large Barn – Level Mostly Open
7 7.441 495 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 0.656 Small Wooded Tract With Deeded Right-Of-Way
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.

 

 

 

Online Absolute Bankruptcy Auction (10/29/24 – 11/12/24)

Absolute Auction!
No Sales Tax!

Property is located at 1757 Healys Road, Locust Hill, VA 23092

Bidding starts on 10/29 at Noon
Bidding closes on 11/12 at Noon (Soft Close)
Pickup 11/13 & 11/14 from 9:00 AM until 4:00 PM

Equipment Sale:
Trucks, Trailers, Boats, Environmental Cleanup Tools & Equipment, and much more…

Directions

From Saluda, VA: Take General Puller Hwy heading east. Travel 5 miles and turn right onto Healys Rd travel 0.2 miles and turn right onto property.

Online Auction Terms and Conditions 

LCM Corp. – Hampton

Type: Online-Only Auction- No Reserve-Everything sells regardless of price.

Location: 1757 Healys Rd, Locust Hill, VA 23092

Description: LCM Corporation Bankruptcy Auction

Auction Opens: Noon ET, Tuesday, October 29, 2024

Auction Closes: Auction will start closing at 12:00 PM ET on Tuesday, November 12, 2024, by soft close. A soft close prevents individuals from entering a bid at the very last second before an auction closes with the intent to prevent others from bidding higher. We will have a 2-minute soft close policy for every lot. If the lot is bid on during the lot’s closing period, additional time will be added until no more bidding takes place within the 2-minute period.

Inspection Dates: Saturday, October 19, 2024 and Saturday October, 26, 2024 from Noon – 3PM.

Personal Property Location & Pickup: The Property is located at 1757 Healys Rd, Locust Hill, VA 23092.   Pickup times are November 13-14, 2024, from 9AM to 4PM.

Buyer Premium: A 10% Buyer’s Premium will be added to the high bid amount to determine the full purchase amount. For example, if your high bid is $100.00, your total purchase amount will be $110.00.

Payment: The buyer’s credit card (cc used for registration) will be charged immediately following the close of the auction. We accept Visa, MasterCard, American Express, and Discover. Buyer’s will be charged a convenience fee of 3.5% of the purchase price. You will be emailed a receipt to the email address you provided during registration.

Credit Card Disclosure: To verify valid credit card information has been provided, your card will be temporarily charged $1.00. The charge will be reversed once the processor has found the card to be valid.

Disclaimer: Woltz & Associates, Inc. does not guarantee the authenticity of the listed items. Buyer shall be responsible for determining condition and authenticity of each item. All items are sold “AS IS” with all faults. Woltz & Associates is making every effort to secure titles for vehicles, boats, and trailers. Title status is updated as titles are obtained, so please check website regularly. Any vehicles, boats, and trailers that have no titles on sale day will be announced sale day and sold without a title. Some vehicles, boats, and trailers have no titles, monitor website for updates as we gather additional titles. Photographs and descriptions of the items are to aid bidders in the bidding process. We make every effort to ensure that the items are photographed and described as accurately as possible.

All Sales are Final: ALL SALES ARE FINAL WITH NO REFUNDS FOR ANY REASON.  All items sold “AS IS” with no warranty. There shall be no guarantees or warranties, expressed or implied, statutory or otherwise, as to the merchantability or fitness for any particular purpose of any items offered in this sale. It is the Bidder’s responsibility to determine condition, age, genuineness, value, or any other determinative factor. Woltz & Associates, Inc. may attempt to describe the personal property in advertising and on the internet but makes no representations.

Shipping Instructions: THERE IS NO SHIPPING FOR THIS AUCTION. Buyer is responsible for all shipping logistics and costs. Buyers are responsible for bringing any equipment needed to pick up purchased items.

Removal of Personal Property:  Paid receipt must be shown at time of pickup. BE SURE TO BRING YOUR PAID RECEIPT.  Personal property becomes the responsibility of the buyer at the time of the sale. Neither the Auction Company nor the Seller provides equipment or labor to remove items purchased. Personal property pickup will be at the property, 1757 Healys Rd, Locust Hill, VA 23092 and may be picked up on November 13-14, 2024, from 9AM to 4PM EDT. Failure by the buyer(s) to meet the removal schedule and conditions may result in the loss of your purchases without refund. Auction Company and Seller are not responsible in case of accidents on-premises. Buyers causing damage, harm, creating environmental issues, dumping, destroying or abandoning, refusal, or any other act to cause monetary expense to be incurred to a Seller’s Property or auction site location or property of any type will be held liable for ANY AND ALL damages, cleanup, or repair and may be prosecuted to the fullest extent of the law.

Bid Increments:  Minimum bid increments are as follows:

Bid Amount                                      Bid Increment

  0.00 – 49.99                                      2.00 USD

  50.00 – 99.99                                  5.00 USD

  100.00 – 299.99                              10.00 USD

  300.00 – 499.99                              25.00 USD
  500.00 – 999.99                              50.00 USD
  1,000.00 – 2,499.99                       100.00 USD

  2,500.00 – 9,999.99                        250.00 USD

  10,000.00 – 49,999.99                   500.00 USD

  50,000.00 – 74,999.99                  1,000.00 USD

  75,000.00 – 99,999.99                  5,000.00 USD

Liability: Bidders inspecting or removing enter Property at their own risk. Auction Company and Seller assume no risk for bodily injury or damage to personal property when inspecting or removing the personal property.

 Agency: The Auction Company and its representatives represent the Seller.

 Woltz & Associates, Inc. reserves the right to reject any bid at our sole discretion. Items may be added or deleted from sale. 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 – Land Auction: 282± Acres Offered in 13 Tracts

 

5 minute drive to the Appalachian Trail 

Tiny homes allowed on permanent foundations 

 

Tract 1: 4.31± Ac. Great building site and farm field, little piece of woods and McKee Branch frontage, Charles Nolen Road frontage

Tract 2: 4.82± Ac. Great building site, all open land, McKee Branch frontage, Charles Nolen Road frontage. Big mountain views

Tract 3: 9.66± Ac. Open and wooded land, amazing views, Feldspar mineral digging hole, McKee Branch frontage; US Hwy 64 frontage

Tract 4: 4.21± Ac. Old log cabin, wired for generator, galvanized fireplace, cement/block flue, Ashley wood stove, Jackson Furniture wood cook stove; 2 American Chestnuts (blight free), open and wooded land, spring fed by gravity, pond, McKee Branch frontage. A must-see tract

Tract 5: 15.67± Ac. Ever flowing spring, nice Appalachian forest of growing timber with tons of potential for building. McKee Branch frontage

Tract 6: 7.39± Ac. Ever flowing spring, prime cabin site, open and wooded land. Lots of wildlife and good hunting

Tract 7: 10.91± Ac. Old cabin with oil lamps and good stone fireplace, spring, growing timber and seclusion, McKee Branch frontage

Tract 8: 7.20± Ac. Ever flowing spring, mostly wooded with a little open land, nice cabin sites

Tract 9: 20.2± Ac. Beautiful Mountain Tract, wonderful Appalachian Hardwood forest of growing timber.

Tract 10: 27.23± Ac. Some McKee Branch frontage and spring-fed branch with premium building sites, trails and excellent hunting

Tract 11: 44.53± Ac. Beautiful tract of hardwoods with a nice long ridge for an amazing cabin site. Great hunting, big views, lots of hiking trails

Tract 12: 51.34± Ac. Mountain paradise here, nice cabin sites, growing timber, elevations up to 3,500’. Lots of hiking trails

Tract 13: 75.1± Ac. Elevations up to 3,500’, awesome mountain property, spring-fed branch through property with growing timber and big mountain views

Offering 14: Income producing cell tower (Cell Tower Lease Agreement)

  • 45 year lease:  Start date April 24, 2007 /  Ends April 24, 2052,
  • $750 per month
  • $9,000 annual
  • Estimated payout $256,500
  • GPS Coordinates 35° 8’19.26″N / 83°28’12.51″W
  • Minimum start bid $75,000

  • You can bid on the cell tower lease by itself or if you want the land and cell tower lease together you will need to combine auction tracts 9 and 14 and bid on them in a combination. 

    For any questions on the lease and the purchase call Jim Woltz 540-353-4582 or Russell Seneff 540-765-7733

Directions to Property

From Franklin, NC: Take Murphy Rd (US 64) West for 6.1 miles make a U-Turn at W Old Murphy Rd onto Murphy Rd East (US 64). Go for 0.4 mile. Property is on the right. Watch for signs. Entrance for tracts 3-10. Continue US 64 E for 0.25 mile to entrance for tracts 9-13 (Love Cove Rd).

 

Links To Recreational Points of Interest

Discover Franklin

Franklin, NC Things to Do

Franklin Area Chamber of Commerce

Franklin Area Welcome Center

Visit Nantahala, NC

The Explorer’s Guide to Franklin, NC (Great Smoky Mountains – NC)

Macon County, NC – Guide to the Mountains

Town of Franklin, NC

Macon County, NC

Macon County Ordinances

Terms & Conditions of Auction

  1. REGISTRATION: Bids will be accepted only from registered bidders.  Registration begins at 10:00 AM.  Please bring a driver’s license for identification.
  2. AUCTION SALE:  All Auction Tracts 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 Sellers 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. 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, wire 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.
  10. REAL ESTATE DEED:  The real estate will be conveyed by general warranty deed (Auction Tracts 1-8) and special warranty deed (Auction Tracts 9-13) 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 October 16, 2023. There will be no assigning of tracts or deeds between bidders. Tracts will be deeded in the manner purchased at the auction.
  11. BOUNDARY LINES:  Boundaries on aerial photos and topo maps are approximate. Refer to survey for exact boundary locations.
  12. 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.
  13. 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.

BROKER PARTICIPATION: Any appropriately licensed North Carolina 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, August 16, 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 only one Bidder for this auction.

Sale held in conjunction with Murray Wise Associates LLC (NC #C23047 )

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

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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.