Valuable Residential Real Estate For Sale @ Online Auction

Bidding Closes June 15, 2023 @ 1:00 PM

In partnership with Lee & Associates Real Estate, we are offering at online auction the real estate and improvements located at 3725 and 3743 Churchville Ave, Churchville VA 24421. This property is 2.47+/- acres in three adjoining tax map parcels improved by two separate dwellings. This is all being sold together for one price. This property is conveniently located in the town of Churchville just minutes away from the city of Staunton and I-81.

One tax map parcel is approximately 1 acre of undeveloped land and one of the last remaining vacant lots in the town of Churchville, the second parcel is 0.53 +/- acres improved by a 2,540 square foot 2 story house built in 1909.  This house is 4 bedroom, 1 bath, with electric baseboard and woodstove heat.  It is in need of major renovations.  The third parcel is 0.93 +/- acres improved by a 784 sq ft house built in 1925.  This house is 2 bedroom, 1 bath, with heat pump and AC.  It has already been renovated but could use some updates.

This property would make an excellent opportunity for an investor or diy owner.  Don't miss out on this great opportunity!

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 property will close at 1:00 PM June 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.

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

We Guarantee A Free And Clear Title To The Property

Property Tours: 5:00 PM Saturday June 3 and 5:00 PM Monday June 12 or at other dates and times by appointment. Please Call Linford Berry (Auctioneer) at 540-476-3309 or John Dale Gardner (Real Estate Agent) at 540-290-4321 for more information or for an appointment to see the property.

Property Highlights:

• Large Lot With A Total of 2.47 +/- Acres
• Two Separate Houses
• Zoned- SF15
• One Parcel Is 1 Acre Undeveloped Land
• 3725 House Is 2540 sq ft, 4 Bedroom 1 Bath Built In 1909
• 3743 House Is 784 Sq ft ,2 Bedroom, 1 Bath, Built 1925
• Multi-Use Shed/Building In Backyard
• The Rear Of This Property Is In The Flood Plain But The Houses Are Not
• Excellent Investment, Rental, or DIY Opportunity
• County Water
• Private Septic

Additional Information Can Be Found At The 'Documents' 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 guarantees 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.

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).

Note For Real Estate Agents: Preapproved (No later than 5:00 PM on Tuesday May 16) buyers agent participation will be compensated. (See Documents Tab For Form)