845 +/- Acre Working Farm Offered in Parcels
ABSOLUTE Auction
Location: 2236 Parkersburg Road, Spencer, WV 25276
GPS: 38.838721, -81.397786
Online bidding is open & starts closing Monday, February 20th at 7:00 PM
Property Tours Saturday February 11th from 11:00 AM - 4:00 PM
845 +/- Acres, working farm, offered in 9 parcels, timber potential, open pasture, hay meadows, fenced, building sites, city water
Located in a beautiful country farm setting north of Spencer, WV 4.5 Miles on US Route 14, Parkersburg Road. The property features a sprawling 845 +/- acres with a mixture of open fields and wooded land providing exceptional opportunities to farm, hunt, or build. It is currently used as a working farm with fenced pasture ground, hay meadows, multiple water sources including concrete water troughs, creeks, and ponds. The property is heavily populated with wildlife making it a hunter or recreationalists paradise. Find areas with heavy cover and seclusion ideal for hunting and trapping. There are established roads throughout the property making access easy for joy riding. Other attributes include 2 miles of main frontage, access to city water, close to Roane County Airfield. The area offers home hardware, auto, farm, and grocery stores.
Note: Combination bidding will be enabled the last day of the auction. Until then, you can place bids individually on tracts 1-9. Combination bidding simply means you can select multiple parcels and get a price. The property will be sold by the tract NOT by the acre.
Subject #1 195 +/- AC. Wooded and open ground, fenced, main road frontage, access via right of way through subjects 3,5
Subject #2 63+/- AC. Mixture of woods and open pasture, fence. Prime hunting. Right of way through subject #3,5
Subject #3 198 +/- AC. open fields, wooded, division fencing, water sources. Pond. Common right of way provided to subjects 1,2 & 7
Subject #4 107 +/- AC. Old homestead, farmhouse, mixture of wooded and open ground.
Subject #5 8.3 +/- AC. Main Farm Access Point, 1,500 Ft. Frontage. Building Sites. Common right of way provided to Subject 1,2, 3 & 7 (If sold to separate buyers)
Subject #6 129.5 +/- AC. Timber potential, open pasture ground, pond.
Subject #7 126.6 +/- AC. Wooded and open pasture. Right of way provided through subject #5 & 3
Subject #8 18+/- AC. Open building potential. 1,200 Ft. Road Frontage
Subject #9 0.5 +/- AC. Open building site
KAUFMAN REALTY & AUCTIONS OF WV
www.kaufmanauctionswv.com
399 W. Main St.
Bridgeport, WV 26330
David Anthony Kaufman, Broker
License #WV0030037
Alden Butcher- Auctioneer/Agent
[email protected]
Cell# 304-695-1621
License#WV0030182
Auc. Lic #1918
John L. Spiker
License #WV0029399
Auc. Lic #184
Please note that approval is required to bid on this auction. Bidder approval closes one hour prior to the scheduled soft close time. Example…soft close of 7 PM, bidder approval closes at 6 PM. WE STRONGLY SUGGEST YOU COMPLETE THE REQUIREMENTS AND REQUEST APPROVAL 24 HOURS PRIOR TO THE SCHEDULED SOFT CLOSE. Kaufman Realty & Auctions is not responsible for anyone who does not meet the approval time or requirements to bid.
10% nonrefundable down payment due within 48 hours of the close of the Auction. The sale is not contingent upon buyer securing financing and or any additional contingencies.
Any required inspections must be completed prior to bidding. All information contained herein derived from sources deemed reliable but not warranted. Sold as is no warranties written or implied. Property will be sold free and clear of any & all liens and encumbrances. Taxes will be prorated to the day of closing. 45 days to close. 10% buyer’s premium will be added to determine the final contract price.
Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty & Auctions of WV. Successful bidders will deposit 10% of the Contract price in the form of cashier’s check or wire transfer to Kaufman Realty & Auctions of WV. The entirety of the remaining balance is due at closing or within 45 days. Instructions for wire transfer and /or cashier’s check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for wire transfer fees.
Contract Documents will be sent by e-mail to the successful bidder must execute and fax or email back to Kaufman Auctions within 48 hours of the end of the auction.
Successful bidders not executing and returning their contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default.
At the close of bidding, the system is set to add a 5-minute extension when a bid is placed within the last 5 minutes and will do so until no one bids during the allotted time.
Buyer's Premium Example:
Bid Price: $100,000
Plus 10% Buyers Premium: $10,000
Total Contract Price: $110,000
Down Payment $11,000
DISCLOSURE: Kaufman Realty & Auctions of WV is acting as Auctioneer/agent and is an agent for the seller only.
Note: A 40 Ft. Common easement is illustrated on that map by the yellow line shown on the map. The Sale includes all rights title and interest in surface and any minerals the seller may own beneath these tracts. A mineral title search has not been conducted by the seller or agency.
Parcel Info: 44-04-21-15 (826.70 +/- AC), 44-01-3-12 (54 AC FEE), 44-01-3-17 (10 AC Sur), 44-04-21-8 (0.5 +/- AC)
DISCLAIMER: Information contained herein is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions.
All square footage and other dimensions are approximate. Boundary lines are according to tax map and shall not be used as a survey.
A preliminary survey has been conducted on the boundary, proposed divisions, and common right of way. If the property is sold to multiple bidders and not as a whole, A final survey will be conducted according to how the farm is sold and deeded accordingly.
BUYER/BROKER INFORMATION: Up to 3% Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available. Call for Broker Registration Form or print it from the documents tab for that specific Auction. Must be registered & Approved 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser.
By initialing bidder verifies that they have read, reviewed, and agreed to the purchase documents available under the documents tab of this auction. If buyer requires a review of these documents by their counsel, this must be done prior to bidding. In addition, bidder agrees that this bid is a legal and binding contract upon the bidder. It is also understood that a bidder may at some point be outbid but due to combinations of sale may move back into winning position. Therefore, all bids remain valid until the winning bids have been declared. Bids may not be retracted.