ESTEP AUCTION

AUCTION

ESTATE AUCTION OF VALUABLE REAL ESTATE

 WEDNESDAY, JUNE 10, 2009  -  5:00 P.M. - ON SITE 

PROPERTY OF THE LATE RAYMOND ESTEP ESTATE

2671 St. Luke Rd., Woodstock, VA

Directions:  From I-81 at Woodstock take Senedo Rd. south approx. 1 mile to a right on St. Luke Rd. then ¼ mile bear left, stay on St. Luke Rd. and go ½ mile to Auction on right.

Description:  

Tract I:  A one story brick-frame dwelling house with 3 bedrooms, 2 baths, living room, kitchen and one car carport.  Property is further improved by a detached two car metal garage, drilled well and conventional 3 BR septic system all on 3.5 +/- acres and fronting on St. Luke Road.

 Tract II:  11 +/- acres unimproved, mostly open, rolling cropland adjoining Tracts I & III.  This parcel has two potential home sites.  Application has been made for 3 & 4 bedroom alternate septic letters of certification.  Frontage on Mahlon Lane.

Tract III:  2.5 +/- acres open and unimproved with frontage on St. Luke Rd.  Application has been made for a 3 bedroom alternate septic letter of certification.  This parcel adjoins Tracts I & II.

Tract IV:  2.6 +/- acres unimproved and wooded with frontage on Mahlon Lane. Application has been made for a 4 bedroom conventional low pressure septic letter of certification.  Property located across Mahlon Lane from Tract II.

Legal:   All Tracts further described in Will Book 103 Page 581 and Deed Book 187 Page 251.  Tax Map # 044 A 134, 135, & 136.  Acreages to be confirmed by survey prior to auction. 

Terms:   Tract I:  $10,000;  Tract II:  $10,000;  Tract III:  $2,500;  Tract IV:  $2,500  bidder’s deposit by cash or cashier’s check at the conclusion of the auction, balance due in full within 30 days at closing.  Properties are 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.  Properties are available prior to auction for prospective purchasers to make inspections including lead base paint.  Some Tracts may be offered in combination.  Properties are being offered in gross and not by the acre and are subject to confirmation of the undersigned seller.  These are cash transaction and not subject to financing.  Unimproved tracts will be sold subject to seller obtaining above mentioned septic letters of certification prior to closing(s).To preview property contact auctioneers.  

 AUCTIONEERS:                                         

Pangle Real Estate & Auction Co., Inc.       

Woodstock, VA  22664                                                 

(540) 459-2113  VA.A.F. #272  

SELLER:       

Robert A. Estep, Executor

of the Raymond Estep Estate