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Property Details

Status:
SOLD!!!
Property Type:
Land
Price:
Contact Agent For Price
Auction Date:
11/5/2015
Address:
0 Five Mile Rd., Callaway, Virginia 24067
Land Area:
97.50 AC
Type:
Auction
Description:
Franklin County, Virginia • Near Blue Ridge Parkway Real Estate Auction 97.5± Acres Offered in 5 Tracts Thursday, November 5, 2015 at 6:00 PM Held at Floyd Eco Village – 718 Franklin Pike Road SE, Floyd, VA 24091 Preview Property Anytime. Agents On-site: Sunday, October 18th 1–4 PM; Sunday, November 1st 1–4 PM; Thursday, November 5th 1-4 PM Sold to the highest bidder over $199,000 This magnificent property consists of 97.5± acres of beautiful mountain land tracts. Several tracts offer spectacular long-range views making them ideal for homesites or mountain cabin retreats. The quiet location couldn’t be better being only minutes from the Blue Ridge Parkway and quaint Town of Floyd, Virginia. The offering will be in 5 tracts, each having its own uniqueness. The property has a pleasant mixture of open fields as well as wooded acreage. There is a spring-fed, mountain stream that flows on Tracts 1, 2, 3 and 5. There is an abundance of wildlife and many trails throughout. Additionally, there is underground power already installed to a portion of the property. Aerial Photography & Topographic Map Tract Description Acreage (±) 1 Wooded, Mountain Stream, Trails 18.4 2 Open/Wooded, Mountain Stream, Trails, Springs, Old House, Views 22.3 3 Wooded, Springs, Trails 26.0 4 Big Views, Top of Knoll Building Site 15.5 5 Open/Wooded, Bold Mountain Stream 15.1 Boundaries are Approximate Directions DIRECTIONS TO PROPERTY: From Floyd: North on Route 221 to right on Franklin Pike 9 miles towards Blue Ridge Parkway. Continue across the Blue Ridge Parkway on Franklin Pike which becomes Five Mile Mountain Road for 2 miles to property entrance on the right. From Roanoke: Route 221 23.5 miles to left on River Ridge Road continue on River Ridge Road across the Blue Ridge Parkway to left on Franklin Pike/ Five Mile Mountain Road for 2 miles to property entrance on the right. DIRECTIONS TO SALE SITE: From Floyd: Route 221 to right on Franklin Pike for 1.2 miles to 718 Franklin Pike Road SE, Floyd, VA 24091. From Roanoke: Route 221 South 33 miles to left on Franklin Pike. Go 1.2 miles to 718 Franklin Pike Road SE, Floyd, VA 24091. Broker Participation Any broker actively licensed in the Commonwealth of Virginia whose agent properly registers the successful high bidder will be paid a two percent (2[%]) commission at settlement by the Seller. Registration must be on a Woltz & Associates, Inc. Broker Participation Application form and contain the name, address and signature of agent and prospect as well as Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. by 12:00 noon on November 4, 2015. 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. Term & Conditions of Auction REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 5 pm, November 5, 2015. Please bring a driver’s license for identification. AUCTION SALE: All property will be sold to the highest bidder over $199,000. 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. FINANCING: Your bidding and purchase of the property is NOT CONDITIONAL UPON FINANCING. Be sure you have arranged financing, if needed, and are capable of paying cash at closing. LIABILITY: Bidders inspecting property enter at their own risk. Auction Company assumes no risk for bodily injury or damage to personal property. BIDDING: Qualified bidders may bid on individual tracts, any grouping of tracts or on the whole property. The auctioneer will determine all bid increments. All decisions by the auctioneer regarding bid acceptance are final. ANNOUNCEMENTS: Announcements on day of sale take precedence over all prior releases, verbal and written, concerning this auction sale. BUYER’S PREMIUM: The Buyer’s Premium on the real estate is 5[%] of the high bid amount. The Buyer’s Premium will be added to the high bid to determine the final sale price. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER. REAL ESTATE DEPOSIT: A deposit in the amount of ten percent (10[%]) of the contract sale price will be required on day of sale. The deposit is payable by 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. REAL ESTATE DEED: The real estate will be conveyed by General Warranty Deed free and clear of liens, subject, however, to any rights of way, easements and restrictions of record. The balance of the purchase price is due at settlement on or before December 18, 2015. Tracts will be deeded in the manner purchased at the auction. BOUNDARY LINES: Boundaries on aerial photos and topo maps are approximate. Refer to survey for exact boundary locations. GENERAL: The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, error, or omissions is assumed by the Seller or the Auction Company. WEBSITE: Visit woltz.com for additional photographs and information. Contact For more information, please contact David Boush (VA #3941) or Sam Hardy (VA #2545) . Phone Number: (540) 342-3560 or 800-551-3588

Contact

Agent:
David Boush
Company:
Woltz & Associates, Inc.
Phone:
(800) 5513588
Website:
www.woltz.com

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NOTES: THIS OFFERING IS SUBJECT TO ERRORS, OMISSIONS, PRIOR SALE, OR WITHDRAWAL WITHOUT NOTICE.

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