Valuable Real Estate For Sale At Online Auction
Closing December 4, 2024 @ 1:00 PM
We are offering at online auction 89.62 +/- acres of land on T N Snow Road in Halifax County VA. This property is zoned agricultural and is being offered in three separate tracts ranging in size from 22 acres to 44 acres. The property features approximately 25 acres of tillable farmland and 64 acres of planted pines bordered by mature hardwoods. There is a small stream bordering tract 1 and an off highway entrance on each tract. There are opportunities for agriculture, timber, hunting, and potential home building sites. Nearby towns are Nathalie, Halifax, and Clover VA.
This Is An Online Only Auction - All Bids Must Be Submitted On The Website. Click The "Bid Online Now" Button To See Property Details and To Bid.
If you are looking for agricultural or timber land with plenty of wildlife where you can possibly build a home in the future, then you have found the right place. The planted pines are approximately 18 years old and provide thick cover for deer, bear, and turkey. Most of the pines are 8-12" diameter. The tillable land has been in row crop production for a many years. Each tract has lots of road frontage on a paved road and electricity is provided to the property by Mecklenburg Electric Cooperative which has a powerline easement across the front of the property along the highway. This property is about two miles from the Triangle Volunteer Fire Department and the Hollering Hill Auction Center, 13 miles from Halifax VA, 16 miles from South Boston VA, and 18 miles from Brookneal VA.
Click Here For Video Overview of The Property
Tract #1 - is 44.16 +/- acres located on the northern side of the property. This tract includes approximately 22 acres of open tillable land in two separate fields and 22 acres of pines bordered by mature hardwood trees and a small stream at the back of the property. Elevation ranges from 540 ft along the road down to 460 ft along the stream at the rear of the property. There is 947 ft of road frontage on T N Snow Road. Along the road is the Mecklenburg Electric Cooperative power line. A gravel highway entrance is located at the northern edge of this tract. This tract is a part of the proposed division of the original 89.62 acre tax map parcel ID # 35432. Tax assessed value will be approximately $100,300 for this tract.
Tract #2 - is 22.73 +/- acres located in the middle of the property. This tract includes approximately 2.5 acres of open tillable land and 20 acres of pines bordered by mature hardwood trees at the back of the property. There are two interior trails cleared across this tract. Elevation ranges from 510 ft along the road down to 470 ft at the rear of the property. There is 683 ft of road frontage on T N Snow Road. Along the road is the Mecklenburg Electric Cooperative power line. A gravel highway entrance is located near the northern edge of this tract. This tract is a part of the proposed division of the original 89.62 acre tax map parcel ID # 35432. Tax assessed value will be approximately $42,900 for this tract.
Tract #3- is 22.73 +/- acres located on the southern side of the property. This tract is almost entirely pine forest bordered by mature hardwood trees at the side and back of the property. Elevation ranges from 510 ft along the road down to 450 ft at the rear of the property. There is 772 ft of road frontage on T N Snow Road. Along the road is the Mecklenburg Electric Cooperative power line easement. A gravel highway entrance is located near the northern edge of this tract. This tract is a part of the proposed division of the original 89.62 acre tax map parcel ID # 35432. Tax assessed value will be approximately $40,900 for this tract.
This property comes with a recent survey and proposed division (See Documents Tab) which will be recorded after the auction and before closing. If you purchase more than one of these tracts and wish to keep them combined on the same tax map # we will accommodate that by not recording the new line between your tracts.
The bidding for all of these tracts will close at 1:00 PM December 4, 2024 with a two minute auto extend. This means that if a bid is placed on any tract within the last two minutes, the bidding will be extended on all tracts for an additional two minutes. If you wish to buy more than one tract, you will need to be the final high bidder on all the tracts you wish to purchase.
We Guarantee A Free And Clear Title To The Property
This property is being sold subject to seller confirmation with a starting bid of $10,000 per tract.
Property Tour Dates: Feel free to visit the property anytime during daylight hours. We ask that you do not drive on the property. We will be providing rides on the interior of the property during our scheduled property tour Saturday November 16 from 12 Noon - till 3 PM. If you would like an agent to show you the property at some other time or answer any questions you may have please Call Linford Berry (Auctioneer/Agent) at 540-476-3309
Property Highlights:
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Planted Pines and Mature Hardwood Trees
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Lots Of Road Frontage On Paved Road
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Abundant Wildlife
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Stream Along Border of Tract #1
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Highway Entrance On Each Tract
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Potential For Home Building Sites on Each Tract
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Overhead Electric Lines On All Three Tracts
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Recent Boundary Line Survey
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Interior Trails
Additional Information Can Be Found By Clicking The “Bid Online Now” Button
Terms and Conditions:
- WE GUARANTEE A FREE AND CLEAR DEED TO THE PROPERTY
- This property is being sold in AS-IS condition with no financing/appraisal/inspection contingencies. Bidders are strongly encouraged to inspect the property themselves and/or 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.
- 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).
- Payment Terms: Payment will be in the form of Cash or Cash Equivalent with a $5,000 non-refundable deposit per tract 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. Closing will take place at Law Office of John A. Terry, PLLC South Boston VA.
- Financing can be obtained for the property, but the sale is not contingent upon obtaining financing.
- All information provided by Mountain Valley Auction Group was obtained from sources believed to be reliable but are not guaranteed. Buyer shall rely on their own information, judgment, and inspection of the property.
- View the sample purchase agreement and complete terms under the "Docs" tab or drop down menu under the photo
Note For Real Estate Agents: Preapproved (No later than 5:00 PM on December 3) buyers agent participation will be compensated. Click Here For Form