2759 Namozine Rd, Crewe, VA 23930 - Nottoway County

ABSOLUTE AUCTION: 634 Acres offered in 5 Tracts

Friday, August 2 at 12:30 PM

2759 Namozine Rd

Crewe, VA 23930

DETAILS

634 acre Daisy Vaughn Estate

Selling for, and to benefit, the Patrick Henry Boys Home

Over 3775 of road frontage

Approx. 100 acres of open field with balance in areas of hardwood, pine, thinned pine, and young hardwood.

2 ponds and several streams

Excellent road system and trails throughout

Small 3BR, 1BA block dwelling on Tract 5 currently rented month to month for $75/mo.

2.272 acres with mobile home designated for a life estate. Majority is on Tract 1 and a small piece on Tract 2.

Ideal for farming, timber investment, hunting, and recreation.

Convenient to Richmond, Petersburg, & Farmville

Sells ABSOLUTE to the highest bidder

Offered in 5 tracts and as a whole.

Tract 1: 40 Acres +/-

Great small farm tract

Approx. half open and half wooded

1,059 of road frontage

Contains majority of 2.272 acre life estate

Tract 2: 260 Acres +/-

Large farm tract

Approx. 80 acres of open field

2 ponds

860 +/- of road frontage (estimated)

Excellent road system and trails

Tract 3: 143 Acres +/-

20+/- acres of wildlife area at the front

Balance in hardwood and thinned pine

Calvary Branch runs through tract

1,215 +/- of road frontage (estimated)

Tract 4: 191 Acres +/-

19+/- acres of wildlife area at the front

5 acre field about 2000 into property

Nice 15 acre pine stand near rear of tract

Balance in hardwood and thinned pine

395 +/- of road frontage (estimated)

Excellent road system through tract

Tract 5: 2.54 Acres +/-

Nice residential lot

3 bedroom, 1 bath block dwelling (currently leased)

$75/month rental income

246 +/- of road frontage (estimated)

AGENT ON SITE (Tract 1)

Friday, July 12 from 12-2 PM

Saturday, July 20 from 12-2 PM

Wednesday, July 24 from 4-6 PM

Sunday, July 28 from 12-2 PM

Day of sale beginning at 11:30 AM

Or by appointment. Call 434.847.7741

REAL ESTATE AGENTS: 2% Commission Available

A 2% commission will be paid at closing to any broker licensed in Virginia whose agent properly registers a successful high bidder. Broker Registrations must be received by Thursday, August 1, 4:00 p.m.

TERMS AND CONDITIONS

Terms:

Property sells AS-IS, "WHERE-IS" without warranties of any kind. Potential Buyers must perform such independent investigations with respect to the Property as they deem necessary to verify information provided by Auction Company.

Warranty:

All information provided by Auction Company is deemed reliable but is not warranted. The information provided by the Auction Company are subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company.

Title:

Seller will convey title by General Warranty Deed.

Registration:

Bids will be accepted only from registered bidders. Registration begins at 11:30 AM day of sale. Please bring a valid form of identification (i.e. drivers license)

Announcements:

Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property.

Buyers Premium:

5% buyers premium added to bid price to determine final contract price.

Deposit:

Deposit equal to 10% of final contract price (bid price plus buyer's premium) due day of sale by cash or company or personal check with ID.

Closing:

Balance of Purchase Price shall be due and payable in collected funds on or about 30 days after the sale.

Agency:

The auction company and its representatives represent the sellers.