Auction Information


Wed Mar 13 - 02:00PM

102 LAKE DRIVE, HICKORY, NC Click to Map

Yount Auction & Realty, Inc.

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Auctioneer ID#: 10482

Phone: 828-459-7335

License: 4235



WEDNESDAY – MARCH 13, 2024 - 2:00 PM


102 Lake Drive

Hickory, NC 28601


Selling Real Estate Belonging to the Estate of

 Loretta Phillips (LIVING)


DIRECTIONS:  Take US Highway 321 North. Turn LEFT onto Clement Boulevard NW (Towards LP Frans Stadium). Go 5 ½ miles. Clement Boulevard turns into Airport-Rhodhiss Road around Hickory Airport. Turn RIGHT onto Go approximately 1 mile, turn LEFT onto Carolina Avenue. Take sharp RIGHT onto Lake Srive. Property on RIGHT.  WATCH FOR POINTERS AND SIGNS! 


DESCRIPTION OF REAL ESTATE:  This single family residence has been damaged by a fire at the premises. According to the Burke County Tax Records, this structure has 1200 square feet on one level. Property has an asphalt shingle roof and vinyl siding. The amount of damage is up to the individual investor to assess. Detached Building measures approximately 12' x 12' on the property and has been undamaged by fire. Lot Dimensions are 93' x 160' x 116' x 120'. Heat pump (Condition Unknown). 

Burke County Parcel ID# 2774-74-6036.




TERMS ON ABOVE REAL ESTATE: Sale is to stand open for TEN (10) days for upset bids and the final bid is subject to confirmation by the Burke County Clerk of Court. 5% down sale day (minimum $750) – balance due in 30 days of confirmed final bid. Upset bids subject to a minimum increase of 5% of previous standing bid and stated upset bid period will begin anew at the presentation of any new upset bids. 5% Buyer’s Premium (minimum $1,500.00) will apply to the final bid price upon closing. Deposit of final successful confirmed bidder is non-refundable. All real estate information from tax records and is subject to verification. There are NO financing or inspection contingencies for buyer. Seller is not obligated to make any repairs, changes, improvements or other modifications to the property. Buyers are encouraged to perform due diligence before day of sale, at buyers expense. Buyers will be guaranteed a title free and clear of all monetary liens meaning buyer(s) accepts the real estate purchased on the date of this contract “as-is, where-is”, in place and with all faults. Buyer(s) agrees to have title search at buyer(s) expense whereas any liens presented upon completion of title search, seller(s) may, at their own discretion, pay liens and transfer title to buyer(s) or render contract null and void. Any expenses incurred by buyer(s) are solely the responsibility of the buyer(s). 


INSPECTION DATEDay of the Sale (12 PM – 2 PM)





NCAFL # 7756

P.O. BOX 742  CLAREMONT, NC 28610

      (828) 459-7335 ID #10482 or #10483


IMPORTANT NOTICE: Although information has been obtained from sources deemed reliable, the auctioneer and the seller makes no warranty to guarantee expresses or implied, as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make inspections prior to the sale. The buyer acknowledges that he of an agent has inspected all of the assets upon which he will be bidding and/or does purchase. Buyer agrees to accept assets purchased “as-is”, “where –is”, “in-Place”, and “with all faults”. The auctioneer expressly disclaims on the part of the auctioneer as agent and the seller, any warranty as to fitness or usability of all the assets, and the buyer expressly waives any claim to any possible future use of the asset purchase whatsoever. Auction company represents the seller only in any and all auction transactions.  All properties listed for auction are subject to sale prior to the auction.

The buyer does hereby assume and does agree to indemnify and hold the auctioneer and seller harmless from any future claim which shall pertain to the fitness or use of that asset as being purchase. Announcements made on sale day take precedent over any previously printed material. Not responsible for accidents.


Auction Listings provided by Although the information published herein is from sources deemed reliable, expressly disclaims any liability for errors, omissions or changes regarding any information provided for this auction. Potential buyers are urged to verify auction date, time, and content directly through the auctioneer's website or by contacting the auctioneer directly. The terms and conditions of the auction may or may not be published in this listing. ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY INFORMATION FOUND HEREIN.