Auction Details

Type

Live Auction

Auction Dates

Oct 07 , 2017

Description

SOLD!
Tract 1: $4,000/acre
Tract 2: $3,000/acre
Tract 3: $2,900/acre
Tract 4: $2,800/acre
Tract 5: $2,700/acre
Tract 6: $2,700/acre

Court ordered real estate auction! Six tracts totaling 358 acres and 11,000 feet of Little Tallapoosa River frontage.

Includes: Prime farm land, bottom land, open land, timber, ponds and a 4 bedroom/1.5 bath house.

Specific tract details see photos:

Tract 1 - 45 acres
TRACT 1 VIDEO
4 bed/1.5 bath house and barns
1550' Little Tallapoosa River frontage
2800' road frontage
35 acres of open land
1.5 acre pond
Cross fenced
Branch

Tract 2 - 100 acres
TRACT 2 VIDEO
750' Little Tallapoosa River frontage
1100' Cutnose Creek frontage
5200' road frontage
70 acres of open land
3 ponds
Cross fenced

Tract 3 - 42 acres
TRACT 3 VIDEO
3000' Little Tallapoosa River frontage
Timber land
Feeder creek

Tract 4 - 91 acres
TRACT 4 VIDEO
5500' Little Tallapoosa River frontage
Bottom land
75 acres of open land

Tract 5 - 40 acres
TRACT 5 VIDEO
1300' road frontage
Pond
Timber land

Tract 6 - 40 acres
TRACT 6 VIDEO
1300' road frontage
Timber land

Terms & Conditions

A BANK LETTER OF GUARANTEE OR PROOF OF FUNDS IS REQUIRED TO REGISTER TO BID!

Real Estate
Successful bidders must 1) deposit 10% of the purchase price at the auction in the form of cash, cashier's check, personal check or company check; 2) provide a bank letter of guarantee or intent to loan: 3) sign a real estate sales contract with the balance due at closing. An 8% buyer's premium will be added to the high bid to make the final purchase price.

Closing
All real estate transactions must close in 30 days. The buyer is responsible for paying all closing costs. The seller will provide a title opinion from a local attorney. Any and all legal fees associated with the closing will be the buyer's responsibility.

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Southern Auction Solutions
Office: (256) 357-9600
23 N Main St.
Wedowee, ALĀ 36278