Absolute Trustee Auction in Albemarle County, VA - Bid on Prime Real Estate | October 4th

ABSOLUTE TRUSTEE AUCTION - 2 TRACTS OF LAND - ALBEMARLE COUNTY

Absolute Trustee Auction:  Two tracts of land in Albemarle County PREVIEW DATES:  Drive by inspections only - contact the sales managers for more information. SALES MANAGERS:   Pete Ramsey - 434-258-6611 - pete@countsauction.com George McDaniel - 434-546-9235 - gmcdaniel@countsauction.com
LIVE AUCTION - OFF SITE - ABSOLUTE TRUSTEE AUCTION
Image for Tract 1 - 72.85 acres with a house and several outbuildings and a pond thumb
Image for Tract 1 - 72.85 acres with a house and several outbuildings and a pond thumb
Image for Tract 1 - 72.85 acres with a house and several outbuildings and a pond thumb
Image for Tract 1 - 72.85 acres with a house and several outbuildings and a pond thumb
Image for Tract 1 - 72.85 acres with a house and several outbuildings and a pond thumb
Image for Tract 1 - 72.85 acres with a house and several outbuildings and a pond thumb
Image for Tract 1 - 72.85 acres with a house and several outbuildings and a pond thumb
Image for Tract 1 - 72.85 acres with a house and several outbuildings and a pond thumb
Image for Tract 2 - 22.52 acres with a phond thumb
Image for Tract 2 - 22.52 acres with a phond thumb
Image for Tract 2 - 22.52 acres with a phond thumb
Image for Tract 2 - 22.52 acres with a phond thumb
Image for Tract 2 - 22.52 acres with a phond thumb
Image for Tract 2 - 22.52 acres with a phond thumb
Image for Tract 2 - 22.52 acres with a phond thumb

Details

AUCTION DATE:  Friday, October 4th @ 12:00 noon

PROPERTY LOCATION:  3955 Blufton Mill Road, Free Union, VA  22940 

County:  Albemarle

Tax Assessment:

      Tract 1: $1,494,700

      Tract 2: $316,500

LOCATION OF AUCTION:  Off-site bidding location:  Holiday Inn - Charlottesville,  1901 Emmet Street, Charlottesville, VA  22901

PREVIEW DATES:  No previews scheduled, drive by inspections only - contact the sales managers for more information.

SALES MANAGERS:  

Pete Ramsey - 434-258-6611 - pete@countsauction.com

George McDaniel - 434-546-9235 - gmcdaniel@countsauction.com

Join us for an exciting live bidding event as we offer two exceptional tracts of land in Albemarle County, VA. This absolute trustee auction is an incredible opportunity to own prime real estate in the picturesque Free Union area.

PROPERTY INFORMATION:     

Video of the property:  https://youtu.be/pVWV-IyxI94

Interactive map:   https://id.land/ranching/maps/b9b73e0c85d3210248b7093430b4cc3d/share      

Property Location: 3955 Bluffton Mill Rd, Free Union, VA
 

Property Overview:
 

                        Two tracts of land

Tract 1:

  • Size: 72.85 acres
  • Features: Includes a charming one-story home with 3,733 sq ft of finished space, built in 1956.
    • The home boasts 4 bedrooms, 3.5 bathrooms, central air, and forced hot air oil heat. Enjoy cozy evenings by the two fireplaces or relax on the spacious 1,320 sq ft patio.
  • The property also includes a 1,440 sq ft barn, a 1,403 sq ft equipment shed, and a serene pond.
  • Road Frontage: Approximately 900 feet on Bluffton Mill Rd.
  • Tax Assessed Value: $1,494,700
     

Tract 2:

  • Size: 22.52 acres
  • Features: Gently rolling terrain with a pond, offering a peaceful setting for your dream home or recreational use.
  • Road Frontage: Approximately 800 feet on Bluffton Mill Rd.
  • Tax Assessed Value: $316,500

Contact Information:

For more details, please reach out to our sales managers:

  • Pete Ramey: 434-258-6611     pete@countsauction.com 
  • George McDaniel: 434-546-9235      gmcdaniel@countsauction.com 

 

 

Directions:  

Located on Bluffton Mill Rd in Free Union, VA. The property is approximately 12 miles northwest of Charlottesville and easily accessible from Route 601 (Free Union Rd).

From the intersection of Rt. 250 and Rt. 29 in Charlottesville, take Rt. 601 (Old Garth Road).  Go 2.0 miles on Rt. 601 to Garth Road.  Turn left onto Garth Road and go 6.9 miles to Rt. 671 (Millington Road).  Turn right onto Millington Road and go 1.4 miles to Blufton Mill Road.  Turn left onto Blufton Mill Road and go 1.5 miles.  The property will be on the right.  

Buyer's Premium:  10%                       Broker participation:  Offered - contact one of the sales managers for additional details

Terms:  A deposit of $25,000.00 in certified funds per tract is due on sale day with the balance due at closing in 30 days.  Full terms listed below.

Terms and Conditions

Terms and Conditions

Terms & Conditions: 
A 10% buyer's premium will be added to the final high bid to determine contract price. A deposit of $25,000 in certified funds is due on sale day with the balance due in 30 days from the sale date.  The high bidder will be required to sign a contract the day of the sale and pay the deposit.  NOTE:  By bidding at this sale, the Buyer hereby acknowledges receipt of and agrees to all these Terms and Conditions.  

Due Diligence:  Any reliance on the content of information provided shall be solely at the recipient's risk.  All information is believed to be correct but is not guaranteed.  Bidders must conduct and rely solely upon their own due diligence.  The property is being sold "AS-IS" with all faults.

Controlling Law:
The respective rights and obligations of the parties with respect to the Conditions of Sale and the conduct of the sale shall be governed and interpreted by the laws of the Commonwealth of Virginia. By making an offer at the sale, whether present in person or by agent, written offer, telephone, online or other means, the participant shall be deemed to have consented to the jurisdiction of the state and federal courts of the Commonwealth of Virginia.

Acceptance of the terms is acknowledged by placing a bid.

Compliance:

For the purpose of ensuring compliance with applicable federal regulations restricting “related party” transactions by Farm Credit of The Virginias, ACA (Bank), Purchaser represents and warrants to Bank that as of the date of this Contract, Purchaser is not an employee, director, or officer of Bank or an immediate family member (meaning spouse, parent, sibling, child, step child, parent-in-law, sibling-in-law, or daughter-in-law) of any employee, director, or officer of Bank. 

If Purchaser is a corporation, partnership, limited liability company, or other entity, Purchaser represents and warrants that none of its manager(s) or owner(s) are related parties of Bank as described above, unless Purchaser is a public company whose entity is traded on a national recognized exchange, in which case, only a controlling interest shall be considered for purposes of this representation. 

If Purchaser is a trust, Purchaser represents and warrants that neither is trustee(s) nor its beneficiaries are related parties of Bank as described above.