Online Auction: Overhead Door Liquidation Sale

Bid online at https://woltz.hibid.com/

This business liquidation sale is being offered by online auction only. Some of the equipment to be auction include trucks, a forklift, Overhead Door doors, tools, lifts, metal and spare parts.

Online Auction Terms and Conditions

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

Location:  720 Winona Ave. SW, Roanoke, VA 24015

Description: Overhead Door Liquidation Sale

Auction Opens: 8:00 AM EDT Thursday, October 21

Auction Closes:  Auction will start closing at 1:00 PM EDT on November 4, 2021, 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.

Personal Property Location & Pickup: The Property is located at 720 Winona Ave. SW, Roanoke, VA 24015   Pickup time is on Friday, November 5 from 9:00 AM to 3:00 PM EDT and Saturday, November 6 from 8:00 AM to Noon EDT.

Buyer Premium: A 17% 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 $117.00.

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. You will be emailed a receipt to the email address you provided during registration.

Sales Tax:  This is a business liquidation and no sales tax will be charged on the personal property.

Disclaimer: Woltz & Associates, Inc. does not guarantee the authenticity of the listed equipment hours or vehicle’s mileage.  Hours and mileage are listed as shown on equipment and vehicles.  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. 

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. Vehicles are sold “As Is” with no representation of title.

Shipping Instructions: THERE IS NO SHIPPING FOR THIS AUCTION.  Buyer is responsible for all shipping logistics and costs.

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. Titles, if available and keys to the vehicles will be released with a paid cash receipt.  Personal property pickup will be at the property, 720 Winona Ave. SW, Roanoke, VA 24015, and may be picked up on Friday, November 5 from 9:00 AM to 3:00 PM EDT and Saturday, November 6 from 8:00 AM to Noon 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 – 19.00                        1.00 USD

19.01 – 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

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.  Auction Company reserves the right to cancel or postpone and reopen the auction in the case of system failure.

Trillium Hills Farm Auction: 382 Acres Offered in 5 Tracts

Public & Online – Bid in Person or Online
Buying Real Estate Has Never Been Easier!

Auction Date & Location & Online
Tuesday, November 23, 2021, at 3 PM – Botetourt Country Club, 2414 Country Club Rd Troutville, VA 24175 or

This magnificent 382± acre country estate located in Botetourt County, Virginia, consists of 118± acres of rolling fenced pastures and 264± acres of mixed hardwoods. The property boasts a 3,520± SF stone and log retreat overlooking the pastures and distant mountain views. The grand entrance opens to vaulted ceilings, exposed beams, and a floor-to-ceiling stone fireplace in the great room. The kitchen is complete with granite countertops and a gas range. Just down the hallway are an indoor heated saltwater pool and hot tub surrounded by windows that allow natural light to illuminate the area. Enjoy peaceful sunsets and distant mountain and countryside views from the balcony of the main level master suite. The property also includes a 1,200 SF, 1.5-story, vinyl-sided home with two bedrooms and one full bath on 1.25 acres.

There are multiple barns and outbuildings, bold streams, trails as well as a small cabin by a spring-fed pond. Mature hardwoods and abundant wildlife can be found throughout the property. There is a multitude of uses this property offers such as a farm, hunting retreat, wedding venue, or a country estate to call home.

This property is only ten minutes to the town of Fincastle and just under 20 minutes to the Daleville Town Center.

Tract 1: Beautiful 31.38 acres consisting of a good mix of pastures, hardwood forests and offers views of the surrounding mountains. The countryside setting this tract exudes offers a multitude of uses from building your dream home, mini horse farm, recreational tract, or weekend retreat. Bid individually on this tract or combine it with other tracts.

Tract 2: There are endless possibilities this 10.72-acre tract offers. This fabulous tract is mostly open but has a small pocket of hardwoods toward the top of the property and beautiful surrounding mountain views. This is a great size house tract, weekend retreat, or group the 10.7 acres with other tracts to create more acreage.

Tract 3: SOLD ABSOLUTE – 30 Trillium Hills Way Rd, Fincastle, VA 24090 – This 1,200 SF 1.5 story four bedroom and one full bath vinyl-sided home built in 1995, is situated on 1.25 acres and would be ideal as a home, rental, or a guest house for a farm employee for the entire property. One bedroom with closet, three rooms have no closets but are decorated as bedrooms. There is an attached single car garage. Nice level topography surrounds this home and with 1.25 acres there is plenty of space to relax and enjoy. Being sold ABSOLUTE to the highest bidder regardless of price.

Tract 4: 185 Trillium Hills Way, Fincastle, VA 24090 – This tract offers 126.51 acres of a good mix of fenced pastures and hardwoods creating an ideal tract with multiple uses. It includes a fabulous 3,520 SF log and stone home with stunning views of the rolling pastures and surrounding mountains. Four bedrooms and three baths, floor-to-ceiling stone fireplace, granite countertops, indoor heated pool, and hot tub plus a two-car detached garage. This home has it all (furnishing in photos not included).

Outbuildings on the property include a:

  • 3,865± SF Steel frame and metal roof outbuilding-equipment storage & more (located behind the home)
  • 6,145± SF Steel frame and metal roof- hay storage/equipment
  • 3,845± SF Covered barn/shed
  • 2,640± SF Metal building with concrete floor-shop and overhead door- workshop space and storage
  • 1,430± SF Wooden 2-bay equipment shed

Tract 5: This large land tract consisting of 212.87 acres has fenced pastures and mature hardwoods forest with multiple trails throughout. Ideal building sites atop the pastures with long-range views. There is a spring-fed pond, a small shed-style cabin, and multiple springs/streams through the entire tract. This would make a great farm tract, hunting retreat, homesite with large acreage, or a place to get away.

GPS Address: 185 Trillium Hills Way, Fincastle, VA 24090

Directions

From I-81 Exit 150 B toward Fincastle – appx 11 miles on US220 turn left onto STR 655/Old Fincastle Rd for 3.5 miles and turn right onto Trillium Hills Way.

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 Monday, November 8, 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 of Auction for Live Bidding

185 Trillium Hills Way, Fincastle, VA 24090
November 23, 2021 at 3:00 PM EST
Registration for live bidding starts at 2:00 PM EST

  1. AUCTION SALE:  The Property will be sold subject to seller confirmation.  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. If you do not agree with the terms and conditions of this auction Do Not Bid!
  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 on the day of sale.
  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 assumes no risk for bodily injury or damage to personal property.
  5. ANNOUNCEMENTS:  Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
  6. 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.
  7. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
  8. REAL ESTATE DEED AND POSSESSION:  The real estate will be conveyed by general warranty deed to be prepared at the expense of the Seller and the cost of Virginia Grantor’s 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 on or before January 7, 2022.  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. Please refer to the survey(s) of the property provided by Seller and Auction Company.
  10. BIDDING AND SOFT CLOSE: The Soft close will allow extended bidding until no bids are placed for five minutes. If a bid is placed within the last five minutes an additional five minutes will be added to ensure everyone gets time to place their bid.
  11. 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.

Terms & Conditions of Auction for Online Bidding

185 Trillium Hills Way, Fincastle, VA 24090
November 23, 2021 at 3:00 PM EST
Bidding starts at 3:00 PM EST
Registration for online bidding must be completed by November 23, 2021 at 3:00 PM EST

  1. AUCTION SALE:  The Property will be sold subject to seller confirmation.  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. If you do not agree with the terms and conditions of this auction Do Not Bid!
  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 within twenty-four hours (24) of sale day executed and delivered via email. Buyer may wire funds or overnight a cashier’s check for the earnest money deposit at buyer’s expense.  There is an incoming wire fee at Buyer’s expense of $25.00. 
  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 assumes no risk for bodily injury or damage to personal property.
  5. ANNOUNCEMENTS:  Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
  6. 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.
  7. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
  8. REAL ESTATE DEED AND POSSESSION:  The real estate will be conveyed by general warranty deed to be prepared at the expense of the Seller and the cost of Virginia Grantor’s 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 on or before January 7, 2022.  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. Please refer to the survey(s) of the property provided by Seller and Auction Company.
  10. BIDDING AND SOFT CLOSE: The Soft close will allow extended bidding until no bids are placed for five minutes. If a bid is placed within the last five minutes an additional five minutes will be added to ensure everyone gets time to place their bid.
  11. 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.

 

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.

 For online bidding please fill out the “Online Auction Bidder Registration Form“. 
This form will register you for both “The Shores of Penn Hall” & “The Manor at Penn Hall”

 

“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 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 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.

Real Estate Auction: The Manor at Penn Hall

Appalachian Power and Franklin Real Estate have decided to offer their beloved Penn Hall Manor to the public. This cherished property will be offered with 26 acres and 658 feet of water frontage. The Penn Hall Manor was formerly owned by the Brown family and was known as the B-Bar-B Ranch. During these years the home acted as the nucleus of the farm. When Appalachian purchased the Penn Hall Manor, they made some wonderful improvements and used this property as a training center for a number of years. Now they are offering this property to you at auction. Come bid your price for this lovely home and acreage on Smith Mountain Lake.

Total Bedrooms: 6
Total Full Baths: 8 (6 above grade, 2 in basement)

Entry Above Grd Finished SF: 2,642±
Upper Above Grd Finished SF: 2,641±
Other Below Grd Finished SF: 910±
Total Above Grd Finished SF 5,283±
Total Finished SF: 6,193±
Grand Total Attached SF: 6,193±

Schools

Elementary School: Glade Hill
Middle School: Ben Franklin Middle
High School: Franklin County

 

 For online bidding please fill out the “Online Auction Bidder Registration Form“. 
This form will register you for both “The Shores of Penn Hall” & “The Manor at Penn Hall”

 

Also being offered during this event 356 Acres with 3.2 miles of lake frontage 36 parcels / 29 Lakefront.

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 a Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. by noon on 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 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 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 – A Recreational Paradise – Land Auction: 2,395± Acres

Invest in Your Own Recreational Paradise!

Bidding Opens: April 1, 2021 – 8:00 AM 
Closes April 28, 2021 – 1:00 PM (Soft Close)
Bid online at https://woltz.hibid.com/

 

Smyth County, Virginia Tracts

 

NOTICE TO POTENTIAL BIDDERS FOR AUCTION TRACTS 2, 3 AND/OR 4:

Seller will include in the Seller’s conveyance of Auction Tracts 3 and 4 any and all rights of ingress and egress to and through Tracts 2 and 3 that Seller may have, along the existing dirt road, for the benefit of Auction Tracts 3 and 4, without any representation or warranty of any kind with respect to such rights.

Seller’ s willingness to include such rights in any conveyance of Auction Tracts 3 and 4 is subject to the Seller finding bid prices for each such Tract to be acceptable, in the Seller’s sole discretion.

Auction Tracts 1-4: Horton Hollow Road, just off of Cussing Hollow Road – 938.93± Acres. These contiguous tracts total 938.93± acres, and will be offered in four tracts. Great recreational and investment opportunities. There are miles of roads and trails throughout, along with abundant game and wildlife. Sold “as is.”

We are selling all tracts in this auction “As-Is.”  The access for Tracts 2-4 from Horton Hollow Rd has been disputed by the neighbors adjoining this property.  Based on the Seller’s information and the title information we’ve received, we dispute those claims based on a previous survey that was performed for Independence Lumber and previous deed language discovered from the title search. However, Fidelity title company has stated that because the access is being disputed, that they would NOT insure access to the property at this time.  The existing interior roads on tract 2 eventually go off of tract 2 onto on the adjoining landowner and we do NOT have deeded access to continue through their property onto tracts 3 and 4 as the existing roads lead.  For this reason, a new road from Tract 2 through tract 2 onto tract 3 and 4 may need to be built at any new owner’s expense to access tracts 3 and 4. We have posted the title search for these tracts on the website for you to review. There is no insurable access to Tracts 2-4.

Auction Tract 5: Lick Creek – 83.53± Acres. This tract is 2,600 feet in elevation with fantastic high knoll views of surrounding mountains and valleys. An old timber road from Lick Creek Rd. leads to the property. This potential access is undefined and not insurable for ingress and egress. Sold “as-is.”

Directions: Tract 5: No Access.  Call agents for details. Preview not possible.

Washington County, Virginia Tracts

 

Auction Tracts 6-7: Catt Property & Toole Creek Tracts – 413.71± Acres. These three contiguous tracts total 413.71± acres. Two tracts front along Route 611, North Fork River Road. Property has mature hardwoods throughout and an abundance of wildlife. A great timber investment and hunting/recreational paradise. Sold “as is.”

Directions: Tracts 6, 7: From Abingdon follow ALT 58 North to exit onto Brumley Gap Rd. Turn right onto Trout Rd and left onto N. Fork River Rd. Follow signs to the property. . Call agents for details. Preview anytime.

Auction Tract 8: Hanger Hollow Tract – 15.60± Acres. Long range views from high knoll. There is an undefined deeded right of way for ingress/egress. This potential access is not insurable. Fall colors are spectacular. Sold “as-is.”

Tract 8: No Access. Call agents for details. Preview not possible.

Auction Tract 9: Collins Hollow Tract-823.66± Acres. This 823.66± acre mountain top tract has multiple roads and trails throughout and is an ideal hunting and recreational paradise. Abundant wildlife. Easy access via a deeded right of way from Red Fox Lane. Sold “as is.”

Directions: Tract 9: From Emory and Henry College off I-81 – drive East on Hillman Hwy, turn left onto Old Mill Rd. Take left onto Clinchburg Rd. Take left onto Red Fox Ln and follow the signs to the property. Call agents for details. Preview anytime.

Russell County, Virginia Tract

 

Auction Tract 10: Cleveland Property – 120.25± Acres. This 120.25±-acre tract has 500± feet of frontage along Clinch River and approximately 890± feet of road frontage on both sides of Carbo Road. The 5± acres between Carbo Road and Clinch River has an old homesite above the river, ideal for your future cabin. There are numerous interior trails throughout the property. This is a great hunting and recreational tract. Sold “as is. “

Directions: Tract 10: From Lebanon VA drive North on Cleveland Rd until you get to the Town of Cleveland VA. Turn slight left just past the bridge onto Ivy Ridge Rd which turns into Carbo Rd. Follow the signs to the property. Call agents for details. Preview anytime.

BROCHURE CORRECTION: The minimum bid for Tract 7 is $31,100, not $3,110 as noted on the brochure.

Terms & Conditions of Auction for Online Bidding

Independence Lumber
Russell, Smyth and Washington Counties, Virginia

Bidding Starts: Thursday, April 1, 2021, 8:00 AM ET
Bidding Ends: April 28, 2021, 1:00 PM ET

  1. AUCTION SALE:  The Property will be sold subject to Seller’s confirmation that the contract sales price is at or above the reserve price and subject to execution of 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.  If you do not agree with the terms and conditions of this auction Do Not Bid!
  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 within twenty-four hours (24) of sale day, executed and delivered via email. Buyer may wire funds ($25.00 wire fee) or overnight a cashier’s check for the earnest money deposit at Buyer’s expense.
  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 assumes no risk for bodily injury or damage to personal property.
  5. ANNOUNCEMENTS:  Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale.
  6. 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.
  7. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
  8. REAL ESTATE DEED AND POSSESSION:  The real estate will be conveyed by a Quit-claim deed to be prepared at the expense of the Seller and the cost of Virginia Grantor’s 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 on or before June 11, 2021.  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. SALE IS SUBJECT TO COURT APPROVAL: The auction is being conducted for the Receiver appointed in the case of First National Bank of Pennsylvania v. Independence Lumber, Inc., in the United States District Court for the Middle District of North Carolina (Case No. 1:20CV637), and the sale is subject to approval of the Court.  The Receiver will request Court approval promptly after the signing of the Auction Real Estate Purchase Agreement and receipt of the Buyer’s deposit.  If approved, the Court Order will provide for the Buyer to receive at settlement title to the property free and clear of all liens, claims, and encumbrances.
  11. BIDDING AND SOFT CLOSE: The Soft close will allow extended bidding until no bids are placed for five minutes. If a bid is placed within the last five minutes an additional five minutes will be added to ensure everyone gets time to place their bid.
  12. BROCHURE CORRECTION: The minimum bid for Tract 7 is $31,100, not $3,110 as noted on the brochure.
  13. 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.

All documents below collectively make up the complete Bidder’s Packet for all Auction Tracts.

SOLD – Estate Auction – Online – Opens Sept. 1, 8 AM

 

Personal Property Bid at woltz.hibid.com

• Carlisle Chicago & Muskegon Piano
• Crosley Record Player
• American Fostoria Glassware Set
• Beautiful China Cabinet
• Antiques
• Vinyl Records
• Furniture
• Norfolk Western Memorabilia
• Tools
And much more!

Click for information regarding Real Estate Auction

Online Auction Terms and Conditions

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

Location:  5301 Grandin Road Ext., Roanoke, VA 24018

Auction Opens: 8:00 AM ET, Wednesday, September 1, 2021

Auction Closes:  Auction will start closing at Noon ET on September 10, 2021, 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.

Description: The Estate of Elva W. Abernathy.

Inspection: The Personal Property will be available for inspection on August 29, from Noon to 3:00 PM ET.

Personal Property Location & Pickup: The Property is located at 5301 Grandin Road Ext., Roanoke, VA 24018. Pickup times are September 11, 2021 from 8:00 AM to 4:00 PM ET. 

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. You will be emailed a receipt to the email address you provided during registration.

Sales Tax:  Sales tax will be collected on items purchased at this auction.  Tax-Exempt Status- If you are exempt from the applicable sales tax, you must submit your tax-exempt form for this sale prior to the auction closing.  Once you have completed the appropriate tax-exempt form, please email the form to info@woltz.com for review of your information.  If you do not submit your form prior to the auction closing, the applicable sales tax will be charged, and you’ll need to apply directly to the applicable state for a refund.

Disclaimer: 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. 

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.

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, 5301 Grandin Road Ext., Roanoke, VA 24018, and pickup times are September 11 from 8:00 AM to 4:00 PM ET.  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 – 19.00                        1.00 USD

19.01 – 49.00                      2.00 USD

49.01 – 199.00                   5.00 USD

199.01 – 349.00                10.00 USD

349.01- 499.99                   25.00 USD

500.00+                                50.00 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.  Auction Company reserves the right to cancel or postpone and reopen the auction in the case of system failure.

 

 

All Property Sold “As Is” • Buyer’s Premium: 5% on Real Estate, 10% on Personal Property

 

SOLD – Real Estate Online Auction: 6,747 SF –Two-Story Mediterranean Style – 5 Bedrooms – 5.1 Baths – Located within the Chatmoss Country Club

This beautiful two-story “Classical Revival” home was built in 1992 and was modeled after the original 12,000-square-foot version named “The Masco House”, which was constructed in Atlanta in the ’90s’ and is a Scholz Design.  The home is situated on 2.2 acres in Martinsville, Virginia within the Chatmoss Country Club and across from the fairway of the first hole of the golf course.  

This impressive home is truly one of a kind.  The attention to detail can be seen in every room – from coffered ceilings and marble accents to extensive crown molding.  The sellers have made several major updates recently, including a new roof, stucco repairs with a certified inspection and 1-year warranty, and major upgrades to exterior landscaping.  This home is move-in-ready and will move fast!  Call today!

  • Water and sewer is public, no septic tank
  • Electrical service is AEP
  • CenturyLink can do internet and cable
  • Gas service through Southwestern Virginia Gas – used for stove and fireplaces
  • The top floor has two full bathrooms
  • The main level has three full bathrooms and 1 half bathroom
  • Annual taxes: $3,866