Farm Auction

 

51.6 Acres & 123.4 Acres

SOLD FOR $715,000 including buyer's premium

December 16, 2006  at 12 PM (noon)

Sales Site

661 Garners Chapel Rd. Mt Olive, NC 28365

 

Farm 1:     123.4 +- Acres per deed (116 +- acres as calculated using county GIS Maps).

GSI Map  Tract A: 28.9 +- acres cleared with 1549’ +- road frontage.

                  Tract B: 39.8 +- acres, 7.5 cleared and 32.3 wooded with timber with 629’ +- road frontage.

                  Tract C: 47.3 +- acres, 2.4 cleared and 44.9 wooded with timber with 936’ +- road frontage.

All bearings, distances, areas, etc. were taken from old deeds and county GSI maps not from an actual survey.

 

 

Farm 2:     51.6 +- Acres per deed (60.7 acres per county GIS maps).

GSI Map  Tract A: 26.4 +- acres cleared, 1,267’ +- road frontage.

                  Tract B: 34.3 +- acres, 23 acres cleared, 1,209’ +- road frontage.

All bearings, distances, areas, etc. were taken from old deeds and county GSI maps not from an actual survey.

 

All Farms & Tracts will be sold individually and grouped.

 

Viewings Friday Nov. 17, 2006 & Sunday Nov. 26, 2006 2 PM - 4 PM and by appointment.

 

Terms: 10% buyers premium. As is, where is. Offered with reserve. All of the above described tracts are subject to a lease for the 2006 crop year. A 10% deposit of the purchase price will be required of each successful bidder at completion of sale. Bank letter of credit required on checks. The successful bidder is required to pay the entire balance of the purchase price by cash or certified check upon tender of deed for the property to him by the seller within 30 days. Not responsible for accidents. Agency Discloser: Brown & Kennedy Const. Co. Inc., Brown & Thigpen Auctions & employees represent the seller in the sale of these properties. ANNOUNCEMENTS DAY OF SALE TAKE PRECEDENCE OVER PRINTED MATERIAL.

 

Directions to auction site & Farm #1 Hwy 55 take NC 403, turn left on Garner Chapel Rd. go 2.2 miles property on left & Right

 

Directions: Farm #2

From Hwy 55 take NC 403, then left on Summerlin Crossroads Rd. go 1/2 mile past Summerlin Crossroads on right.

Broker Participation Form

 

Brown & Thigpen Auctions        

NCAL FIRM #7363.                                

110 NE Railroad St.        3760 E. NC Hwy.

Wallace, NC 28466         Beulaville, NC 28518

910-285-9955        910-289-0523 cell       

                                           

Doug Brown, REALTORŪ    

NCRL #39199

Brown & Kennedy Const. Co. Inc.                                                        

3867 E NC 24 Hwy                

Beulaville, NC 28518 

910-298-4464 Office

910-289-0523 cell