Valuable Real Estate For Sale At Online Auction
Closing July 15, 2021 @ 1:00 PM
We are offering at online auction the real estate and improvements located at 3341 Afton Mountain Road, Afton, VA 22920. This auction is being conducted in partnership with Mountain Valley Auction Group. For more information call Linford Berry at 540-476-3309 or Cottonwood Auctions at 540-437-9501
This property is 3.58 +/- acres zoned single family residential and improved by a 1200 sq. ft 2 bedroom /1 bath home built in 1852. It features three levels of porches with amazing views of Nelson County's rolling hills. Located in the historic village of Afton, VA and just minutes away from the Shenandoah National Park, Blue Ridge Parkway, and Blue Ridge Tunnel, this spacious property would make an excellent vacation rental or get away..
The current owner began a significant renovation project with this home and due to a change in circumstances, needs to move, and will not be able to finish it. Many significant upgrades have already been completed but more updating and finishing will need to be completed by the new owner. This is a great investment opportunity with lots of potential.
This Is An Online Only Auction - All Bids Must Be Submitted Online. Click The "Bid Online Now" Button To See Property Details and To Bid.
This property is being sold subject to seller confirmation with a starting bid of only $50,000.
- Amazing views from three levels of porches
- Historic 1,200 sq ft home built in 1852
- Two bedroom, currently one bath, second bath was removed for renovation
- Excellent vacation rental location or second home
- Just minutes away from Shenandoah National Park and the Blue Ridge Parkway
- 30 minutes From Charlottesville and Staunton
- Minutes away from area wineries
- Paved driveway with gate
- Hardwood flooring
- New well pump, chimney liners, electric service updates
- Pellet stove and heaters convey
- Well, spring, and wet weather stream on property
- Drilled well and conventional septic system (septic system is shared by adjoining property owner through deeded easement)
Additional Information Can Be Found At The "Documents" Tab At The Top Of This Listing and By Clicking The “Bid Online Now” Button.
The bidding for this auction will close at 1:00 PM ET on July 15 with a two minute auto extend. This means that if a bid is placed within the last two minutes the bidding will be extended for an additional two minutes.
Property Tour Dates: Friday June 25 @ 1 PM, Saturday July 10 @ 3 PM, or on other dates and times by appointment. Please Call Linford Berry at 540-476-3309 for more information or for an appointment.
This property is being sold AS-IS with no financing/appraisal/inspection contingencies and with no warranties or guarantees of any kind. Seller does guarantee clear title to the property. Bidders are encouraged to enlist the assistance of professional inspectors or contractors in evaluating the condition and value of the property. All inspections must be performed prior to the auction.
Terms: (See our complete terms at the tab above). Payment will be in the form of cash or cash equivalent with a $10,000 non-refundable deposit due the day of the auction (within 24 hours for online bidders at a distance) and the balance due at closing within 45 days. Deposit will be applied to the purchase price at closing. Please do not bid if you are not able to close within 45 days.
Buyer's Premium: There will be a 10% Buyer's Premium added to the high bid to determine total contract purchase price. (For example a $100,000 bid would have a buyer's premium of $10,000 added for a total purchase price of $110,000).
Realtor Representation: Preapproved (No later than 5:00 PM on Wednesday, July 14) brokers participation will be compensated. Twenty percent (20%) of the buyer's premium will be paid to a qualified licensed real estate agent whose registered buyer's offer is accepted by the seller and closes on the property.