PUBLIC REAL ESTATE AUCTION EVENT
OPPORTUNITY AWAITS!! Due to his career responsibilities, our seller is relocating out of state, and has entrusted us to market and sell this custom built Fredericksburg home in the highly sought after "Hills of Snowden" neighborhood. A home boasting this quality and this location is a rare find, and it is ready for you to Bid Your Price & Buy!!
Live On-Site Auction w/Live Real Time Online Simulcast Bidding for Your Convenience!!
Need a Mortgage?....Just click on one of the lenders in the "Financing" menu above.
Please contact Tony Wilson to preview the home (Feel free to bring your inspector/contractor 540-748-1359).
- Solid 6 BR/5.5 BA home w/walk-out basement on .88 +/- acre cul-de-sac lot in the "Hills of Snowden" neighborhood of Fredericksburg, VA
- This home measures 6,454 +/- sf. (3,430 +/- sf. above grade & 3,024 +/- sf. finished walk-out basement), and features a kitchen w/concrete countertops & Kohler cook sink, living room, dining room, finished walk-out basement with extra living quarters including full bathroom & laundry ideal for multigenerational living or au pair suite, attic w/pull down stairs and it has engineered drawings for 800 +/- sf. of additional space (electrical sub panel is in place) and an attached 900 +/- sf. 2 bay drive under attached garage w/radiant floor heat & cooling
- Bamboo flooring in the bedrooms & hallways; natural slate throughout main level; tile in bathrooms; carpet in upper level suite & basement; tile in basement living area & storage areas; concrete flooring in garage
- Small front porch; 1,250 +/- sf. rear deck/living space across the back of the home w/outdoor shower & covered grilling area (facing the woods); 1,600 +/- sf. private patio
- 2 level pole barn (approx. 20'x20'); chicken coop
- Heating: Radiant heat throughout main floor & basement; Polaris 110 BTU water heater for heat & domestic hot water (new 2023); Rais Arena Series stove on main level; electric baseboard heat in upper level suite. Cooling: Central AC units w/6 zones & mini-split AC system in basement
- Public water, sewer & gas; Polaris water heater (110 BTU)
- Other Features: all stainless kitchen appliances; asphalt driveway; home is located on a large secluded city lot backing up the woods; new windows on front of home; 3 laundry areas; covered outdoor grilling area; engineered beams in the basement for clear floor span/minimal columns; full house carbon filter; Civil War trenches & road on property
- Internet: Cox
- Amazing location only 1 mile from Mary Washington Hospital, 1.5 miles from University of Mary Washington, 1 mile to Rt. 1, 1.5 miles to Rt. 3, 2.5 miles to I-95, 2 miles to downtown Historic Fredericksburg, and a short drive to Richmond, NSWC Dahlgren, NOVA & DC!!
- Tax Map: 301-F-L17; Deed Book: 0007-62, Doc #10001105; Zoning: R4; Yearly real estate taxes: $4,905; HOA fees: $120 per year for common area maintenance; Home was built in 2002 and has vinyl sided exterior (Made by North American Modular Homes); $25,000 deposit (certified check ONLY) is due immediately after confirmation of final bid and the balance due at closing within 45 days; WE GUARANTEE A FREE & CLEAR DEED
- Only $500,000 Starting Bid!!
Need Financing for this property?? Please contact Tony Wilson for financing information (540-748-1359)
FOR REALTORS: If you are currently working with a Realtor and want them to represent you, please have them CLICK HERE and complete their broker participation form. In order for the Realtor to be compensated, broker forms must be completed and submitted no later than 5 pm on the day before the auction (6/27/24), and all terms adhered to. NOTE: Please contact auction coordinator, Tony Wilson (540-748-1359), to discuss a higher commission rate with a pre-approved starting bid!!
TERMS: $25,000 deposit is due immediately after confirmation of final bid and the balance due at closing within 45 days or as soon thereafter as seller's closing documents are available (unless prior written arrangements have been made by contacting Tony Wilson @ 540-748-1359). There is a possibility of a lesser deposit if proof of pre approved financing is presented prior to auction. Deposits must be in the form of a cashier's check or certified check (from a US bank) made payable to yourself. The deposit is non-refundable. A 10% buyer's premium will be added to the final bid, and will become a part of the purchase price. Property sold in as-is condition, and is not contingent upon buyer's financing, condition of property, appraisal, inspection, etc. Pre-approved (no later than 5 pm on 6/27/24) broker participation is compensated (NO EXCEPTIONS). Buyer shall close using Lakeside Title & Escrow (540-412-1057). Auctioneer's Note: All information and dimensions were derived from sources believed to be correct, but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property. All auction day announcements take precedence over any previously printed material or any other oral statements made. Please note that the following statements are simply the highlights of the terms & conditions. Please refer to the "Property Information Packet" for complete and detailed terms & conditions that will govern the auction event.
We are happy to offer online/simulcast bidding for bidders who cannot physically attend the live auction event. Please understand and agree that online bidding will only be allowed if the buyer is physically NOT on site at the live auction. Online bidding will NOT be allowed if you are physically in attendance at the live auction event.
ADDITIONAL TERMS for THOSE PLANNING TO BID LIVE ONLINE
In addition to the above terms and conditions, Please read below if you are participating and registered for LIVE ONLINE SIMULCAST BIDDNG- Contact the auction coordinator (his or her name and contact number is on the NichollsAuction.com site under the auction you are bidding on) immediately if you need additional information.
- Bidder Verification: The identity of all bidders will be and must be verified (via phone, email or text). Bidding rights are provisional, and if complete verification is not possible, Nicholls Auction Marketing Group, Inc. will reject the registration, and bidding activity will be terminated.
- At the close of the auction, and seller confirmation, the successful bidder will be emailed or given the contract package to execute and return to Nicholls Auction Marketing Group, Inc. Upon being declared the high and successful buyer, the credit card that you registered with will be charged $500 toward your deposit. The successful bidder’s remaining earnest money deposit ($24,500) must be in the form of cashier’s or certified check (United States Bank) or wire transfer to Nicholls Auction Marketing Group, Inc. and is due immediately. The entirety of the remaining balance is due at closing. Purchaser shall be responsible for all wire transfer fees.
- Contract Packages will be sent by e-mail or hand delivered to the high bidder, who must execute and hand deliver, email, fax or overnight mail back to Nicholls Auction Marketing Group, Inc., within 24 hours of receipt. If the successful bidder does not execute and return their contract with earnest money deposit within 24 hours of receipt they will be considered in default and subject to legal action. This is a legal binding contract.
- In the event a winning bidder fails to submit the signed ’Contract for Sale of Real Property’ and deposit earnest money as provided in the pre-stipulated Auction Terms, the winning bidder will be charged an administrative fee of $25,000 on the credit card provided at auction registration. Additional default remedies are reserved by Nicholls Auction Marketing Group, Inc., and the Seller as provided in the Auction Terms & Conditions and the ‘Contract of Purchase’. All administrative fees are non refundable.
- Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold ’AS IS’ with any and all faults. Please review all information supplied, and seek appropriate assistance prior to bidding.
- Technical Issues: Neither the company providing the software nor the auction company shall be held responsible for a missed bid or the failure of the software to function properly for any reason. In the unfortunate event of a DDOS attack or server attack/shut down, the auction company reserves the right, but is not required, to extend bidding time. To minimize the chance of being affected by internet or software issues, please use the “Max Bid” feature.
