Valuable Residential Real Estate For Sale @ Online Auction

Bidding Closes February 22, 2024 @ 1:00 PM

We are offering at online auction the real estate and improvements located at 1082 Good Hope Church Rd, Aroda VA 22709. This home sits on a 2.07 +/- acre lot in Madison County VA and features 1,056 sq ft of single level living space with 3 bedrooms and 1 bath. Included with the sale are a 21x21' metal carport and 10x20' backyard storage building as well as all appliances.

This is a solid older home built in 1940 that is in need of updating. It is in a quiet rural location just 5 miles from Madison, 10 miles from Orange, and 30 Miles from Charlottesville. With a spacious level yard and mature hardwood trees, this 2 acre property offers a beautiful setting with plenty of room for outdoor activities. 

This Is An Online Only Auction - All Bids Must Be Submitted Online. Click The "Bid Online Now" Button To See Property Details and To Bid.

The bidding for this property will close at 1:00 PM February 22, 2024 with a two minute auto extend.  This means that if a bid is placed within the last two minutes the bidding will be extended for an additional two minutes.

This property is being sold by order of the Power of Attorney to the highest bidder with a starting bid of only $10,000

Property Tours: 1 PM Friday February 2 and 1 PM Saturday February 17 or at other dates and times by appointment. Please Call Linford Berry (Auctioneer) at 540-476-3309 or David Mast (Auctioneer) at 540-272-3023 for more information or for an appointment to see the property.

Property Highlights:

• Large Level Yard And Mature Trees
• Home Built In 1940 With Kitchen Renovations And Enclosed Porch Finished Out Later
• Zoned A1
• Three Bedrooms, 1 Bath On Single Level
• 1,056 Sq Ft Living Area
• Attic Storage Area
• All Appliances Convey With The Property
• 21x21' Metal Carport, 10x20' Storage Building, and Garden Shed Included
• Oil Heat
• Drilled Well
• Septic System
• Metal Roof, Asbestos Siding
• 200 Amp Electrical Service

Additional Information Can Be Found At The 'Documents' Tab At The Top Of This Listing and By Clicking The “Bid Online Now” Button.

Terms and Conditions:

WE GUARANTEE A FREE AND CLEAR DEED TO THE PROPERTY

This property is being sold in AS-IS condition with no financing/appraisal/inspection contingencies. Bidders are strongly encouraged to inspect the property themselves and/or enlist the assistance of professional inspectors or contractors in evaluating the condition and value of the property. All inspections must be performed prior to the auction.

All information provided by Mountain Valley Auction Group was obtained from sources believed to be reliable but are not guaranteed. Buyer shall rely on their own information, judgment, and inspection of the property.

Payment Terms: (See our complete terms at the tab above). Payment will be in the form of Cash or Cash Equivalent with a $10,000 non-refundable deposit due the day of the auction (within 24 hours for online bidders at a distance) and the balance due at closing within 45 days. Deposit will be applied to the purchase price at closing. Please do not bid if you are not able to close within 45 days.

Buyers Premium: There will be a 10% Buyers Premium added to the high bid to determine total contract purchase price. (For example a 100,000 bid would have a buyers premium of $10,000 added for a total purchase price of $110,000).

Note For Real Estate Agents: Preapproved (No later than 5:00 PM on February 21) buyers agent participation will be compensated. (See Documents Tab For Form)

See full list of Terms and Conditions under "Docs" tab.