MULTI-PARCEL REAL ESTATE AUCTIONS-6 RUSSELL CO, VA, PROPERTIES

PROPERTY SOLD @ 302+/- AC($365,000.00)*25.21+/-ACS($35,000.00)*0.89+/- AC LOT($4,000.00) *2.4 AC Lot($23,500.00)*12.134+/-ACS($11,500.00)

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AUCTION # 1---302+/- ACRES MOCCASIN & UPPER COPPER CREEK AREA, RUSSELL CO, VA.,SPECIAL COMMISSIONERS SALE. KNOWN AS THE KING BROTHERS FARM. THE MAJORITY OF THIS PROPERTY HAS MARKETABLE TIMBER AS WELL AS SOME MEADOWLAND. A LARGE GENERAL PURPOSE BARN IS LOCATED ON THE PROPERTY. POTENTIAL BUYER SHOULD DO THEIR OWN DUE DILIGENCE IN RESEARCHING PROPERTY, SOLD SUBJECT TO COURT APPROVAL. PLEASE REFER TO DEED BOOK 146, PAGE 340, DEED BOOK 91, PAGE 273, & DEED BOOK 96, PAGE 374. PROPERTY SOLD AS A WHOLE. LINDA TILLER & RANDALL EADS, CO SPECIAL COMMISSIONERS.

AUCTION # 2---SELLING ABSOLUTE-THE A. E. SMITH ESTATE. PARCEL # 1-25.2+/- ACRES BY CURRENT SURVEY LOCATED JUST EAST OF THE FORMER CLINCH RIVER SCHOOL FRONTING RT 615 APPROXIMATELY 850 FT. VERY DESIRABLE PROPERTY WHICH COULD EASILY BE RESUBDIVIDED INTO SMALLER PARCELS. PROPERTY IDENTIFIED BY AUCTION BANNER ON OLD STORE BUILDING.

PARCEL # 2-0.89+/- AC LOT LOCATED JUST WEST OF THE FORMER CLINCH RIVER SCHOOL ADJOINING RT 615 & WOODS ROAD. IDEAL LOT FOR MOBILE HOME OR PERMANENT RESIDENCE.

AUCTION # 3---ASSET REAL PROPERTIES OF OLDCASTLE INDUSTRIAL MINERALS. PARCEL # 1-O.459+/- AC LOT (THIS PARCEL AND ONLY THIS PARCEL WITHDRAWN FROM THE AUCTION)NEAR WALNUT HILLS, FROM RT 683 APPROXIMATELY 1,1/2 MILES PAST CASTLEWOOD HIGH SCHOOL, TURN LEFT ONTO RT 787 (VALLEY CIRCLE) LOOK FOR AUCTION BANNER, DB567, P 916. PARCEL # 2-2.4+/- AC, lot # 10A, located in MILL CREEK ACRES, Rt 645 off Rt 71N, near Lebanon. TAX MAP 117L1B10A, ACCT 171771, situated in a well established subdivision, DB 567, P 0917. PARCEL # 3-12.134+/- ACRES RED OAK RIDGE/HAMLIN SECTION- ON RT 63 IN HAMLIN @ THE BRIDGE, FOLLOW SIGN TO RT 615, CONTINUE STRAIGHT ON RED OAK RIDGE RD FOR TOTAL 7/10'S MILE, TURN LEFT ONTO RIGHT OF WAY, FOLLOW DIRECTIONAL ARROWS APPROXIMATELY 1/2 MILE TO PROPERTY. GREAT HUNTING TRACT OR PRIVATE GET AWAY. TAX MAPS 158R1801 & 158R1802, DB 567 PAGES 0918-0919.

Auction Terms

AUCTION # 1-TEN PERCENT OF FINAL BID AT CONCLUSION OF AUCTION. BALANCE UPON APPROVAL OF COURT WITHIN APPROXIMATELY THIRTY (30) DAYS. AUCTION CONDUCTED OFF SITE AT THE RUSSELL COUNTY FAIRGROUNDS, HWY 58, CASTLEWOOD, VA (BEHIND ST PAUL BUILDERS).

AUCTION # 2-TEN PERCENT OF FINAL BID AT CONCLUSION OF AUCTION, BALANCE DUE AT CLOSING BY CERTIFIED FUNDS NOT TO EXCEED THIRTY (30) DAYS. AUCTION CONDUCTED OFF SITE AT THE RUSSELL COUNTY FAIRGROUNDS, HWY 58, CASTLEWOOD, VA (BEHIND ST PAUL BUILDERS).

AUCTION # 3-TEN PERCENT OF FINAL BID AT CONCLUSION OF AUCTION, BALANCE DUE AT CLOSING BY CERTIFIED FUNDS NOT TO EXCEED THIRTY (30) DAYS. AUCTION TO BE CONDUCTED OFF SITE AT THE RUSSELL COUNTY FAIRGROUNDS, HWY 58, CASTLEWOOD, VA (BEHINE ST PAUL BUILDERS).

Directions/Map

AUCTION # 1-Known as the King Brothers Farm located in the Moccasin & Upper Copper Creek area. AUCTION TO BE CONDUCTED OFF SITE AT THE RUSSELL COUNTY FAIRGROUNDS, HWY 58, CASTLEWOOD.

AUCTION # 2-PARCELS 1 & 2FROM ST PAULTAKE RT 63 TO ROUTE 615. TURN ONTO RT 615 & FOLLOW NEAR FORMER CLINCH RIVER SCHOOL (NOW KNOWN AS CALVARY BAPTIST CHURCH). TRACTS TO THE EAST & WEST OF THE SCHOOL IDENTIFIED BY SIGNS. AUCTION TO BE CONDUCTED OFF SITE AT THE RUSSELL COUNTY FAIRGROUNDS, HWY 58, CASTLEWOOD.

AUCTION # 3-PARCEL # 1-NEAR WALNUT HILLS, CASTLEWOOD, VA. FROM ROUTE 683, APPROXIMATELY 1,1/2 MILES PAST CASTLEWOOD HIGH SCHOL, TURN LEFT ONTO RT 787 (VALLEY CIRCLE). SIGN IDENTIFIES LOT.

PARCEL # 2-LOT 10A IN MILL CREEK ACRES. FROM RT 71N NEAR LEBANON, TAKE RT 645 TO MILL CREEK ACRES ON RIGHT.

PARCEL # 3-RED OAK RIDGE/HAMLIN SECTION. FROM RT 63 IN HAMLIN AT THE BRIDGE FOLLOW SIGN TO RT 615. CONTINUE STRAIGHT ON RED OAK RIDGE RD FOR TOTAL OF 7/10'S MILE, TURN LEFT ONTO RIGHT-OF-WAY, FOLLOW DIRECTIONAL ARROWS APPROXIMATELY 1/2 MILE TO PROPERTY IDENTIFIED BY A SIGN.