66+/- Acres in Jackson County AL - Pearce & Associates

66+/- Acres in Jackson County AL

Lot Number:18
Completed
Start Time:10/14/2021 9:00:00 PM
End Time:11/29/2021 8:10:00 PM
Bid Count:1
High bidder:221 (Alabama)
Starting Bid:$1.00
Bid Increment:$1.00
Current Bid:$76,000.00
Bidding complete

66 +/- Acres in Jackson County, AL

near Dutton on County Road 396.  Near Pleasant Hill Baptist Church

 

Parcel Info

PIN

27293

PARCEL

32-05-16-0-000-065.000

ACCOUNT NUMBER

102323

 

 

 

 

 

 

PROPERTY ADDRESS

0 CO RD 51

 

 

LEGAL DESCRIPTION

S16 T5 R7 PT SE1/4 OF NE1/4 PT N1/2 OF SE1/4 SW1/4 OF NE1/4 BEG 40 W & 319 N OF SE COR NE1/4 OF SE1/4 TH W 2270 NE WITH CREEK 2820 SE 1150 S 540 SW WITH CREEK 2160 SE 1875 S 410 POB

EXEMPT CODE

 

TAX DISTRICT

DUTTON

 

 
 

Tax Information

TAXES WERE DUE ON 10/1/2021

YEAR

TAX DUE

PAID

BALANCE

2021

$ 376.20

$ 376.20

$ 0.00

 

Property Values

Total Acres

66.00

Use Value

$0

Land Value

$105,600

Improvement Value

$0

Total Appraised Value

$105,600

Total Taxable Value

$105,600

Assessment Value

$10,560

Subdivision Information

Code

 

Name

 

Lot

 

Block

 

Type / Book / Page

N/A / 2018 / 1090739

S/T/R

16-5S-7E

   

Detail Information

TYPE

REF

DESCRIPTION

LAND USE

TC

HS

PN

APPRAISED VALUE

LAND

1

66.000 Acres

8300-AGRICULTURAL - TIMBER

3

N

N

$105,600

 

No donations for this lot

Terms

REAL ESTATE AUCTION

These announcements supersede any prior oral or printed statements and will be attached to and become a part of the contract.

Winning bidder must sign a non contingent contract and pay earnest money within 24 hours of auctions end.

The property will be sold by legal description and transferred by warranty deed.

A 10% buyers premium will be added to the winning bid to determine the final sales
price.

Example: $100,000 bid, plus $10,000 (10% buyers premium) equals $110,000 gross sales price.

The terms are 10% down payment with the balance due within 30 days.

Purchaser to receive possession of the property upon delivery of deed at closing.

Purchaser to pay closing cost and title insurance. Seller guarantees
title to be free and clear.

Ad Valorem taxes will be prorated at closing.

PROPERTY SOLD SUBJECT TO THE FOLLOWING: All outstanding easements of any kind on said property, including but not limited to, roads, right of ways, utilities, water lines, and the like; any mineral, oil and past conveyances, leases or reservations; to any cemeteries that might exist on the property, outstanding leases recorded or unrecorded; zoning ordinances affecting the property; restrictions of record; wet lands; all rules and regulations of any appropriated authority having jurisdiction over the property, and any recorded encroachments of record.

BUYERS NOTE: Prior to the auction all prospective purchases should examine the property and all surrounding documents carefully as each bidder is responsible for evaluating the property and shall not rely on the sellers nor the auctioneers. Sellers and Auctioneers are assuming that the bidders have inspected the property and are satisfied and accept it “As
Is” without warranties expressed or implied. Personal on-site inspection of the property is recommended. Failure of any bidder to inspect or to be fully informed as to the condition of all or any portion of the property offered, will not constitute any grounds for any claim or demand for adjustment or withdrawal of a bid, offer or earnest money after its opening
or tender.

All information was obtained from sources deemed reliable. Although every precaution has been taken to insure accuracy, the sellers and all of their agents will not be responsible for any errors or omissions herein.

Properties sold subject to sellers confirmation. The auctioneer reserves the right to bid on behalf of the lender, mortgage holder, any government authority having an interest in the property and/or the seller up to the reserve amount.

Default by the Seller: If the Sellers are unable to make conveyance and to give title as herein agreed, the earnest money shall be refunded to the buyer and all obligations of either party shall wholly cease.

Default by the Buyer: Should the Buyer default in the performance of his/her contract in the time and the manner specified, then the earnest money shall be retained as partial liquidated damages and the seller may sue for specific performance.

AGENCY DISCLOSURE: Larry “Chip” Pearce Jr. has not been an agent for the Buyer in this
transaction. Larry “Chip” Pearce Jr. has been an agent for the Seller in this
transaction and is to be paid a commission by the Seller.

The Auctioneer reserves the right to reject bids from anyone who does not comply
with the terms and conditions of this auction.

Bidding: Bidding info- When you bid your max the current bid price doesn't automatically go to your max bid. Someone else has to bid to increase the current price and the
computer will automatically bid up to your max in the increments specified.

This auction has what is called an auto extend feature, meaning the auction will not close until all bidding parties are satisfied. If any bids are placed within the last 5 minutes of the auction, the bid on lot(s) will extend for 5 minutes. The bidding will extend in 5 minute increments from the time the last bid is placed until there are no more bids, and the lot sits idle for 5 minutes.

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