Auction Information

REAL ESTATE AUCTION

Wed Jun 05 - 12:00PM


111 SOUTH COLLEGE AVENUE, NEWTON, NC Click to Map


Yount Auction & Realty, Inc.

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Auctioneer ID#: 10482

Phone: 828-459-7335

License: 4235

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REAL ESTATE AUCTION

 

WEDNESDAY – JUNE 5, 2024 - 12:00 PM

 

111 South College Avenue

Newton, NC 28658

 

DIRECTIONS:  From Business Hwy 321 in Newton, turn LEFT onto NC Highway 10 (West C Street at Speed Lube). Make sharp RIGHT onto West D Street. Turn LEFT onto South College Avenue. Property on the RIGHT. WATCH FOR POINTERS AND SIGNS! 

 

DESCRIPTION OF REAL ESTATE:  This property has been damaged by a fire at the premises. According to the Catawba County Tax Records, this brick home has approximately 1820 square feet. A single attached carport measures 12’ x 24’ and the front porch measures 38’ x 10’. This property was being used as residential, but carries a commercial zoning of B-3. Built in 1921. City water and sewer available. Condition of the heating and cooling system is unknown. Lot Dimensions are 72’ x 252’ x 72’ x 252’. Property fronts both S. College Avenue and S. Brady Avenue. Catawba County Parcel ID #374013021967. The amount of damage is up to the individual investor to assess.

 

GREAT OPPORTUNITY FOR HOME OWNERSHIP

 

TERMS ON ABOVE REAL ESTATE: NO UPSET BID PERIOD! 10% down on sale day – Balance due in 30 days of confirmed final bid. Deposit is non-refundable.  5% Buyer's Premium will apply to the Real Estate sale upon closing ($2,500 MINIMUM).  All real estate information from tax records and is subject to verification.  Sold “as-is, where-is” with no guarantees, expressed or implied, of any kind. Sold subject to confirmation and all easements, right-of-ways, or lack thereof.  There are NO financing or inspection contingency rights 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 non-refundable.

 

INSPECTION DATESale Date

 

 MAKE YOUR PLANS NOW, SO YOU DON'T MISS THIS WONDERFUL OPPORTUNITY!!

 

YOUNT AUCTION AND REALTY, INC.

NCAFL # 7756

P.O. BOX 742  CLAREMONT, NC 28610

      (828) 459-7335        

www.yountauctionandrealty.com

www.auctionzip.com 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.

 

 

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