House & 46.79 Acres Ellerbe, NC

TAKING BACK UP BIDS, Selling regardless of price in excess of $325,000

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Brief Description

AUCTION CONTINUTED ONLINE ONLY – Formerly the estate of Andre the Giant, onNC Scenic Hwy 73 in the foothills of the Uwharrie Mountains. Richmond County; this beautiful 3500 ft. + – house w/ 46.79 densely wooded land, two streams, private. SUBDIVIDABLE

Auction Events

Online Bidding Only
Began: 11/02/13 at 2:00 PM EDT Ended: 11/12/13 at 6:00 PM EDT

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Details

BID ONLINE ONLY

CALL 336-909-2583 for details

Physical Location of Property:  796 Highway 73 East (Richmond County), 3 miles from Ellerbe, 15 miles from Lake Tillery/Mt. Gilead, 25 miles from Pinehurst, approximately one and one-half hours to Greensboro, Raleigh, and Charlotte.  The Property is approximately 6 miles from the new 220 connection going south to the beach.  Pinpoint map location at +35N  10’ 3.97” / – 79S  40’ 19.75”.

 

Possible Land Use and Features:  residential, recreational property, vacation rental, investment property, church retreat, hunting land, commercial and/or business development.  There are NO county use restrictions on the property.

 

Description of Interior of House:  Three-story, 3500 +/-sq ft house with atrium (continuing upward through all three floors into a dome skylight) in the center, three heating and air units (one dedicated to each floor), two 50 gallon energy efficient hot water heaters.  Stainmaster carpeting throughout .  All carpeted with the exception of the atrium area , all three bathrooms and the kitchen which are tiled.

 

 First floor (approximately 1300 sq ft) has a den with rock fireplace/wood box and bar area, two bedrooms, oversized bathroom with two sinks, cedar closet, tub/shower combination, entry hall with cedar closet, oversized utility room with cedar closet (can be easily converted to second kitchen).

 

Second floor (approximately 1300 sq ft) has a den with old brick fireplace/wood box, kitchen with pecan cabinets and old brick features, all appliances have been replaced and will remain with the property, dining area, library/bedroom area, oversized bathroom with large closet, two sinks, tub/shower combination.

 

Third floor (approximately 900 sq ft) has a master bedroom with master bath with two sinks, Jacuzzi and separate shower, also, has another bedroom (or office) with balcony.

 

Decking:  There is +/-2000 square foot of decking which includes a 200 square foot, covered rocking-chair porch.

 

Description of Exterior of House:  Cedar siding with Olympic stain, all exterior windows and doors have been replaced with energy efficient ones, standing seam roof has been installed (lifetime), 2000 +/- square feet of decking have been replaced and/or added to the structure.  There are three exterior faucets (2 are on the well and 1 is on county).  The house has a brick foundation and crawl space beneath the house.

 

Description of Garage and Carport:  Two-car oversized garage (24’x21’) with two garage doors/garage door openers and exterior entry door.  Four-car drive (24’x32’) under carport (directly under deck area with dry-below protection and three exterior fans).

 

Description of Park-Sized Gazebo:  The gazebo is 23’x23’ and has three large sitting areas.  There is a tongue-in-groove ceiling and a new architectural roof has been added.  Stained with Olympic stain.

 

Description of Barbeque Building:  A new metal roof has been installed and the building is stained with Olympic stain.  It has three covered areas (with three exterior fans) which wrap around an enclosed area with “in and out” doors for easy access and flow.  The interior is 12’x16’ of the building. There is a winterized water (well water) faucet adjacent to the building.  

 

Description of Workshop:  A new metal roof has been installed and the building is stained with Olympic stain.  It has two covered areas (with two exterior fans).  The interior (16’x24’) of the workshop has one fan including units for heat and air conditioning.  There is a winterized water (well water) faucet adjacent to the building.  

 

Description of the Land:  We will divide the acreage at auction. House & 9.030 and 37.76 acres as one tract….Total of 46.79 acres densely wooded land , with two streams, near the beautiful foothills of the Uwharrie National Park (area designated as a North Carolina Scenic Highway).

 

Age of the Property:  Built in 1978 (extensive renovations have been made on the main house and out buildings).  We purchased the property in 1993.

 

Electricity:  Pee Dee Electric services the property.

 

Water:  The property has a well and access to county water.  There is a cut off for the county water at both the street and at the house.

 

Termite Protection:  The property has been under the protection of Terminex since we have had it in 1993. Within the last year, we have installed a new vapor barrier and dehumidification system in the crawl space for added protection.

 

Chimney:  The Chimney has been cleaned and certified.  Chimney caps were added.


 

 

 

 

 

 

 

 

 

 

Video: Home & Acreage Auction

Auction Terms

Former Estate Of

Andre the Giant

46.79 +/- ACRES & HOUSE, DIVIDED

Richmond County, NC

Real Estate Auction Terms

The Swicegood Group, Inc.

Auctions – Real Estate – Marketing

854 Valley Road Suite 100

Mocksville, NC 27028

NCAL 8805, NCFL 8790

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Buyer’s Premium; Earnest Money; Closing:  A SEVEN PERCENT (7%) Buyer’s Premium will be added to the highest bid price to determine the final contract purchase price of the property.  Upon the completion of the auction the winning bidder or bidders will bring a non-refundable deposit of 20% of the final contract purchase price. The deposit can be paid by personal/company check, or certified funds with the balance due within 30 days or upon delivery of the deed, whichever is sooner, time is of the essence. Deposit to be held in escrow with closing attorney,Bill Webb Kitchin Neal Webb Webb & Futrell PA. In the event that there is any reason beyond the control of the seller and/or the auction company that results in a delay of the delivery of the deed and/or survey, an additional 30 days will be allotted for such delivery. This is a cash transaction and is not subject to the buyer obtaining financing or any other contingency, except insurable title.  Any announcements made by the auctioneer take precedence over this or any other printed material.  All information and descriptions contained herein were furnished by sources deemed reliable.  However, neither the owners nor the auctioneers guarantee this information to be correct in any manner.  We reserve the right to add or delete.  Other terms and conditions are to be announced at the auction.

CLOSING: Shall occur on or before December 11, 2013, TIME IS OF THE ESSENCE. Closing will be facilitated by the law office of Bill Webb Kitchin Neal Webb Webb & Futrell PA , 111 East Washington Street Rockingham, NC 28379. Buyer and Seller will be responsible for all of their own prospective attorney expenses related to the closing.

TITLE: Seller shall deliver to buyer at closing a General Warranty Deed, free & clear of any liens.

ALL PROPERTY IS SOLD AS/IS, WHERE IS

Survey:  Any survey to be paid for by the buyer

Inspection Times and Access: The property has been open to the public onTuesday, October 22nd 2-5 PM & Saturday, October 26th 10AM-1PM, further inspections shall be by appointment only.

Conditions – All information contained herein is deemed to be from reliable sources.  However, neither the Auctioneer nor the Seller guarantees this information to be correct.  We reserve the right to add or delete. Please inspect the property and bid accordingly.  The Auctioneer represents the Seller in this transaction.  All announcements made at the auction shall take precedence over all other information. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. Property is being sold AS-IS, WHERE IS with no warranties or representations as to the condition. Auction Company does not guarantee any written material or facts about this property. Auction Company has to the best of its ability, tried to give all information available from seller and/or other gathered information. Buyer is responsible for his or her own investigations of the property. The property is being sold with no warranty or representation either expressed or implied, by the Seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning the property. The information contained in any brochure produced by the auctioneer about this property is believed to be accurate but is subject to verification by all parties relying on it. The Seller or the auction company assumes no liability for its accuracy, errors or omissions. All sketches and dimensions on this website are approximate. Any square footage is approximate and has been estimated. Conduct at the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

ACCEPTANCE OF BID PRICES: All successful bidders will sign an Agreement to Purchase & The Terms & Conditions at the auction site immediately following the close of bidding.

REAL ESTATE TAXES AND ASSESSMENTS: The 2013 Calendar year taxes shall be prorated to the date of closing and shall be paid by the Seller in the form of a credit to the Buyer at closing. Buyer will be responsible for all subsequent taxes.

EASEMENTS: Sale of said property is subject to any and all easements of record.

AGENCY: The Swicegood Group, Inc. and its representatives are Exclusive Agents of the Seller.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the agreement to purchase.

CORRECTIONS AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.

SELLER:  BONNIE BULLOCK SUGG

 

 

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