0.47+/- Acre Residential Lot
South Hill, VA

Property Location

Parcel 24237
Mecklenburg County
South Hill, VA 23970

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Property Information Package

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Property Number

FX4445C

Property Type

Residential Real Estate -
Residential Development Lots and Land

Description

    0.47+/- acre residential lot on cul de sac in South Hill, VA. Located in Pettus Town Subdivision - hospital, shopping and banks nearby. Utilities are in place.

    Tax Map #: 078A07-08-00-005
    2016 Tax Assessment: $20,000
    2015 Annual Taxes: $15.00
    Water/Sewer: Town Sewer
    Schools: South Hill Elementary, Park View Middle/High

VAAF423

Terms and Conditions

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Linda Terry at 804-354-9090 or lterry@tranzon.com.  All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the FAQ-Frequently Asked Questions.

Buyers Premium: 10% Buyers Premium based on the high bid.
Closing: 30-Day closing, sold in As-Is condition, no contingencies.
Deposit Amount: 10% of the full purchase price or $2,000 (whichever is greater), or pay in full, due within 2 business days of being notified that you are the successful high bidder.
Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

In order to place bids online in this event you must complete the online registration process which includes registering a valid credit card in your name with at least $500 of available credit. The credit card will not be charged during the registration process, but a hold will be placed on the credit card. The Successful High Bidder must execute a Purchase and Sale Agreement and deposit the required earnest funds within 2 business days of being notified that you are the successful high bidder.

A Non-Compliance Fee of $500 will be charged to your registered credit card if you are the Successful High Bidder and fail to complete the Purchase and Sale Agreement and deposit the required earnest funds within 2 business days of being notified that your bid has been accepted. This Non-Compliance Fee is charged as a penalty for failing to complete the transaction as called for in the agreed upon Terms & Conditions.

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