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Auction Information
Auctioneer Country Boys Auction & Realty Co., Inc 252-946-6007
Auction Date Nov 16 Auction
Mt Misery Rd NE
Leland, NC
Time 10:00AM
Auctioneer's Other ListingsE-mail AuctioneerAuctioneer's Web Site
Auction Listing
AuctionZip Auctioneer ID# 11953




NOV 16


This auction is a United States Federal Bankruptcy auction of (2) parcels of land located on/off of Mt. Misery Road in Leland, NC. The parcels will be offered individually and/or combined at the discretion of the auctioneer. The auction will be held on location at the intersection of Arden Rd, NE and Mt Misery Road (across from the new Monkey Junction Self Storage).

TRACT 1 - 10.45+/- acres of undeveloped land. The property has a large amount of frontage on Mt Misery Road as well as frontage on Arden Rd. Arden rd is heavily developed into residential lots and the frontage could possibly be sold as residential lots. The entire parcel is high visibility from the main road.

PARCEL 0230009103

TAX VALUE - $90,390.00

TRACT 2 - 38.59+/- acres located off of Mt Misery Rd. This property is located on the left at the end of the gravel drive adjacent to "Tract 1". The property is located behind the mobile home park (can be seen from the end of each of the mobile home park streets) and behind the Coca Cola distributing company (Merchantile Drive) and behind the "Food Lion Shopping Center". The property contains a large pond, formerly a sand mine on about 1/3 of the property. We don not currently have any information as to the status of any mining permits for this parcel.

PARCEL 02900004

TAX VALUE - $133,620.00

TERMS – This sale is being sold for the United States Federal Bankruptcy Court, John C. Bircher, III, Trustee. The property is being sold “FREE & CLEAR” of all liens, or with liens satisfied at closing. The property is being sold “AS IS, WHERE IS”. The property is being sold with taxes prorated as of day of closing, meaning the current year taxes will be split between the Buyer and the Seller based on the closing date; all prior years taxes will be paid by the Seller. A 10% deposit is required by the last and highest bidder at the time of the auction. The remaining 90% will be due at closing. The sale is subject to Court confirmation. This confirmation period usually takes approximately (30) days. Once the sale has been confirmed, you will be notified and your closing period will begin on that day. There is “NO UPSET BID PERIOD”, this means that the last and final bid at the auction cannot be raised after the auction is closed by the auctioneer. There is “NO BUYER’S PREMIUM” or additional buyer fees charged by the auction company. The Buyer should inspect the property prior to bidding and do any and all research they deem necessary. Country Boys Auction & Realty, Inc., its Brokers, and employees are agents for the Seller and have no dual agency representation of responsibilities.

Auctioneer License Information: NCAL 765

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