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House & 9.5 AC 1/2 mi to River - Rehab & Subdivide Lancaster, VA

Property Location MAP

13009 River Rd
Lancaster, VA 22503

Property #: FX4674

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BY APPOINTMENT ONLY

Contact Agent

Linda Terry
Tranzon Fox

804-354-9090 lterry@tranzon.com
House & 9.5 AC 1/2 mi to River - Rehab & Subdivide
  • Opportunity for Small Builder- rehab current house & add 1 or 2 more
  • Just 1/2 mile to the Rappahannock River
  • 1,922 SF / 2 Bedrooms, 2 Baths, Det 2 Car Garage and Shed
  • Needs alternative Septic System

Great opportunity to update the existing home, with option to subidvide into 1-2 additional parcels (per seller). About 20% clear, 80% wooded, rectangular lot with 543' road frontage per tax record. Soil study/certification report shows a need for alternative septic (cost +/- $25K). Survey plat and septic design plan for alternative system with permits for the existing house should be complete prior to auction.

Parcel ID#: 31-30
2020 Tax Assessment: $182,100
2020 Annual Taxes: $1,147


Please be sure to download the Property Information Package by clicking on the words above under “DOCUMENTS.” By downloading this package you will alert Tranzon to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction. A signed Confidentiality Agreement is required to download.

VAAF423

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

Linda Terry: Tranzon Fox

804-354-9090 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 Listings may be withdrawn or modified without notice at anytime.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 Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 30-Day closing, sold in As-Is condition, no contingencies. Note: MUST CLOSE by 12/31/21 be sure to use a closing agent who is open that week, and can perform!
  • Deposit Amount: High bidder is required to execute a Contract for Sale and Purchase of Real Estate and remit to Tranzon by close of business the day of the auction. A 10% deposit is due within 48 hours 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:

See terms and conditions in the property information package.

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