Valuable Residental Real Estate For Sale At Online Bidding
Closes March 31, 2022 @ 1:00 PM

We are offering at online auction the real estate and improvements located at 291 and 303 Wild Rose Ln, New Market VA 22844. This property is 3.043 +/- acres improved by two houses and zoned A-1. Both houses are three bedroom. One is 1,400 Sq Ft and the other is 1,152 Sq Ft with partial unfinished basement.

Both houses are currently leased and occupied with property tours on scheduled dates only.

This property would make an excellent investment property with rental income. Or maybe you need a property that has an extra house for family members. Either way you get a large 3 acre lot with two houses on it in a quiet neighborhood just minutes from I-81 and the towns of New Market and Timberville.  

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.

The bidding for this auction will close at 1:00 PM March 31, 2022 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.

This property is being sold subject to seller confirmation with a starting bid of only $25,000.

Property Tour Dates: Thursday March 17 @ 3:00 PM, Friday March 25 @ 3:00 PM, and Tuesday March 29 @ 3:00 PM. We will not be showing the interior of the houses on any other dates or times. Please Call Linford Berry at 540-476-3309 for more information.

Property Highlights:

• Spacious Lot With 3.043 +/- Acres 

• Two Separate Houses

• Total Tax Assessed Value Is $252,900

• 291 Wild Rose Has 1,400 Sq Ft with 3 Bedrooms/2 Bath.  This house was a double wide manufactured home that has been put on a permanent foundation and is taxed as real estate.

• 303 Wild Rose Has 1,152 Sq Ft with 3 Bedrooms/1 Bath and Partial Unfinished Basement. This is a stick built home.

• Electric Wall Mount Heat and AC Systems With Propane Backup Heat In Both Units

• Separate Septic Systems For Each Unit

• Shared Well

• Deeded Easement For Driveway/Right Of Way and Shared Well

• Conveniently Located Just Minutes From I-81, New Market, and Timberville

• Open and Gently Sloped Yard

• Rear Deck on 291, Front Deck On 303

• Currenty Leased Month To Month

Additional Information Can Be Found At The 'Docs' Tab At The Top Of This Listing and By Clicking The “Bid Online Now” Button.

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.

Rights Of Tenants: This property is being sold subject to the rights of existing tenants who currently have a month to month lease.  If the buyer of the property wishes to terminate those leases, buyer agrees to give an advance notice of at least 60 days to tenants after closin

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 on or before 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.

Buyers Premium: There will be a 10% Buyers Premium added to the high bid to determine total contract purchase price. (For example a 100,000 bid would have a buyers premium of $10,000 added for a total purchase price of $110,000).

Realtor Representation: Preapproved (No later than 5:00 PM on Tuesday October 26) brokers participation will be compensated. Twenty percent (20%) of the buyers 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.  Form can be found under the documents tab.