BUILDING SITE

AUCTION

VALUABLE REAL ESTATE

 THURSDAY, NOVEMBER 19, 2009 – 12:30 P.M. - ON SITE

PRIME 5 +/- ACRES BUILDING SITE

BROKER PARTICIPATION ENCOURAGED

Directions to property:  From I66 take Rt. 234 north to a right onto Lawnvale Dr. then right onto Oakland Ridge Rd. to property on left.

Description:  Very nice open 5 +/- acre building lot with drilled well, poured concrete basement walls and garage pad installed.  Alternate septic approval being updated.  This property is in a country setting with easy access to Manassas and surrounding areas. Great view of Bull Run mountain.

Legal:  5 +/- Acres described as Lot 2A of the Compton Sub-Division; GPIN-72-5492.  Parcel ID # 7300-72-5492.  Instrument #200104170035584.  This property is subject to a 52’ wide ingress-egress easement to Shelter Lane for future development of Oakland Ridge Rd. as shown on plat and recorded in Deed Book 2044 Page 1881. Deed restrictions as follows:  1) The exterior appearance must be similar to other dwellings in the immediate area.  2)  The square footage required shall be:  Two Story – 4,000 sq.ft. of finished area excluding basement, garage, porches and breezeways; Rambler – 3,500 sq.ft. of finished area excluding basement, garage and porches.

Terms:    A $25,000 bidder’s deposit by cash or cashier’s check at the conclusion of the auction, balance due in full within 30 days at closing.  Property is being sold “as is” without warranties or representations of any kind, including but not limited to physical condition and is subject to all rights of way, restrictions and easements of record, if any.  Property is available prior to auction for prospective purchasers to make inspections.  Property is being offered in gross and not by the acre and is subject to confirmation of the undersigned seller.  This is a cash transaction and not subject to financing. Seller to be responsible for roll back taxes. To preview property contact auctioneers.   See our website for additional pictures www.pangle.com.

AUCTIONEERS:                                                  SELLERS:

Pangle Real Estate & Auction Co., Inc.        Michael & Karen Barrett

Woodstock, VA  22664                                                         

(540) 459-2113  VA.A.F. #272                                              

BROKER PARTICIPATION ENCOURAGED -FORM IS INCLUDED WITH THIS AUCTION UNDER DOCUMENTS.