Auction Information
Auctioneer Country Boys Auction & Realty Co., Inc 252-946-6007
Auction Date Jul 26 Auction
Location
1655 Weaver Camp Rd
MERRITT, NC
Time 10:00AM
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AuctionZip Auctioneer ID# 11953

This auction is the "Foreclosure Sale" of 137.59+/- acres of waterfront property on the Bay River and Trent Creek in Pamlico County. The beautiful undeveloped property has over 1 1/2 miles of water frontage, paved road access, and is surrounded by over 500 acres of Weyerhaeuser owned timber lands. The property is located just 8 miles from Oriental, NC and only 25 miles from Historic Downtown New Bern, NC. The property, located around Fowler Point near Merritt, NC is just 8 miles of easily navigable waters from the Intracoastal Waterway (ICW).

The property consists of (7) contiguous parcels of land that are all being sold together in this sale as a single property. The property is located at the end of Weaver Camp Road paved and maintained approximately 1 1/2 miles northeast of the intersection of HWY 55 and Florence Road. The combination of parcels bring the property out to the main paved road. There is a well maintained gravel road all the way through the property and to each of the parcels.

In it's current condition, this property is a hunter's paradise and is ideal for a single large hunting preserve or several smaller hunting properties. The waterfront is a great combination of heavily wooded land and open marsh areas ideal for both game and waterfowl hunting. Add some blinds, stands, and maybe an impoundment and it is perfect. One of the parcels already has a dock and a large barn that has had utilities. This property is private and remote but not isolated with access to shopping, dining, and attractions in just minutes. 

This ideal general location could also lead this property to beautiful residential development. The combination of parcels wrap almost entirely around Fowlers Point with huge amounts of frontage on the Bay River and on Trent Creek. Large amounts of waterfront and waterview homesites could easily be developed from this property. Owned property all the way out to the state road would allow for a private entrance (already partially constructed and paved).

PAMLICO COUNTY TAX DATA

PARCEL 1 - PIN 6581310812000 - MAPID I051-11 - 58.21+/- acres

PARCEL 2 - PIN 6581028057000 - MAPID I051-13 - 50.27+/- acres

PARCEL 3 - PIN 6581027743000 - MAPID I051-13-1 - 6.83+/- acres

PARCEL 4 - PIN 6581132093000 - MAPID I051-14 - 10.71+/- acres

PARCEL 5 - PIN 658121852800 - MAPID I05-48-1 - 9.33+/- acres

PARCEL 6 - PIN 658141465500 - MAPID I052-14-1 - 1.33+/- acres

PARCEL 7 - PIN 658141883100 - MAPID I052-3-1 - 1.11+/- acres

PLEASE REMEMBER THAT ALL (7) OF THESE PARCELS WILL BE SOLD TOGETHER AS A SINGLE PROPERTY FOR THIS FORECLOSURE SALE. THE AUCTION WILL BE HELD AT THE PAMLICO COUNTY COURTHOUSE LOCATED AT 202 MAIN STREET IN BAYBORO ON THURSDAY, JULY 26, 2018 AT 10:00 AM. 

THE CREDITOR WILL ENTER AN OPENING BID OF $725,000.00.

For maps, drawings, tax data, and other files associated with this auction, please “click” on the MAPS & BROCHURES button below. The first file should open automatically; all additional files can be viewed by opening the small folder of files that appears in the lower left corner of the new information bar that appears at the bottom of the screen. Just “click” to open that folder and a list of all available pdf files will appear for you to view, download, or print. If you have any problems viewing the pdf files, please contact us so we can email you those files directly.

TERMS – This auction is a “FORECLOSURE” auction and is subject to all North Carolina General Foreclosure Statutes. The property is being sold subject to all matters of tax, title, and survey. . A 5% deposit or $750.00 deposit, WHICHEVER IS GREATER, is required at time of sale. The sale is subject to all North Carolina Foreclosure General Statutes including a “(10) DAY UPSET BID PERIOD”, meaning that the last and final bid at the auction is recorded with the Clerk of Court for the county that the property is located in and held open. Anyone can contact the Clerk’s office and raise the bid during the raise period. All raises made after the close of the auction must be of at least 5% of previous recorded bid and must be made through the Clerk’s office. Each time the bid is raised, the (10) day “upset bid period” starts over. This process continues until there have been no raises. At that time, the file is sent to the Clerk for the confirmation process. Once confirmed, the high bidder will have (30) days to close on the property. 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.


Please visit our website for pictures and data and all upcoming auctions at www.countryboysauction.com




Auctioneer License Information: NCAL 765

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