2.5+ acres and a Gorgeous Venue with Tons of Potential!

Live Webcast Auction

Johnson Properties Realtors & Auctioneers, Inc.

699 S Lincoln St

Coats, NC 27521

Date(s) 9/23/2024 - 10/29/2024

Auction Date/Time: Tuesday, October 29th 3:00pm Auction Location: 699 South Lincoln St, Coats, NC 27521

Past Auction

Shipping Not Available

Catalog

View Catalog (1 Lots)

Bidding Notice:

This is a Live & Online Simulcast auction. Pre-bidding is available now; the LIVE auction will start on Tuesday, October 29th 3:00pm. Bidding can take place online or at the live auction. The live event will be held at 699 South Lincoln St, Coats, NC 27521. DO NOT WAIT until the last day to register for this auction; you may lose out on bidding if there are any complications with the system. You ... Show More

Auction Information

Name	2.5+ acres and a Gorgeous Venue with Tons of Potential!
Auctioneer	Johnson Properties Realtors & Auctioneers, Inc.
Type	Live Webcast Auction
Date(s)	9/23/2024 - 10/29/2024
Auction Date/Time Info	Auction Date/Time: Tuesday, October 29th 3:00pm Auction Location: 699 South Lincoln St, Coats, NC 27521
Preview Date/Time	Auction Date/Time: Tuesday, October 29th 3:00pm Auction Location: 699 South Lincoln St, Coats, NC 27521
Checkout Date/Time	Auction Date/Time: Tuesday, October 29th 3:00pm Auction Location: 699 South Lincoln St, Coats, NC 27521
Location	699 S Lincoln St Coats, NC 27521
Buyer Premium	7% Online
Description	This early notice of an upcoming auction on behalf of the Michael Lester Estate (deceased) in Coats, NC. This facility was used as an intimate setting for weddings, birthday parties, etc. as it has multiple shelters, photo opportunities and just a great overall "feel good" atmosphere. The main facility was used as the home and there are so many flowers, etc that this place looks like a true "Garden of Eden" in the rough! It is hard to describe so make sure and call JP to schedule your private tour. This is a great facility and only a 2 minute drive to downtown Coats and within a very quick commute to Campbell University, Dunn and Angier. Auction Date/Time: Tuesday, October 29th 3:00pm Auction Location: 699 South Lincoln St, Coats, NC 27521 Harnett County Zoning: R20 Utilities: City Water/Septic Coats City Tax: 0.49 Harnett County Tax: 0.591 Coats/Grove Fire tax: 0.11 Solid Waste Fee: $85 Schools: Coats Elementary School, Coats-Erwin Middle School, Triton High School

Terms and Conditions

1. BUYERS PREMIUM: Real Estate: A 6% (onsite) or a 7% (online) buyer’s premium will be added to the successful bidders’ high bid and will be included in the total contract purchase price. 2. CONDITIONS: The information contained on this website and all related auction materials are subject to the terms and conditions of the CONTRACT OF SALE. Buyer’s complete inspection is encouraged prior to bidding and/or purchase. Inspection of all terms on the online bidding site, Johnson Properties Website, and all posted material on auction day at the auction, is recommended. 3. DEPOSIT: A 10% Earnest money deposit is required on the day of sale. Balance due on or before 45 days post auction. Earnest money deposit is nonrefundable and cannot be paid with a credit card. 4. AUCTIONEERS DISCLAIMER: All information contained herein is provided without representation or warranty as to the accuracy of the same. Buyers shall rely on their own judgment and inspection. Property is being sold AS IS, WHERE IS, with all faults if any. A portion of the property may be sold absolute and the remainder subject to confirmation. Please listen closely to the auction day terms and/or see the posted information on auction day as they may be updated at the seller's request. Johnson Properties reserves the right to bid on behalf of the sellers. The Auction Firm and Sellers reserve the right to entertain any reasonable non contingent offers, which may be accepted, prior to the auction. 5. ATTENTION AUCTION BUYERS: We suggest that you arrive one hour prior to the auction in order to register and have any last-minute questions answered. NCAL: #7340 6. Title X: Under Title X, the purchaser of a single-family residence built prior to 1978 has a maximum of ten (10) days to conduct a risk assessment or inspection of the property for the presence of lead-based paint and/or lead-based paint hazards. (IF APPLICABLE) 7. TENDING FARMER: Fields are subject to verbal or written contracts with a local farmer to continue to farm the properties for the remainder of the year. This includes fields with or without crops in the ground. Please see auctioneer for more details. (IF APPLICABLE)

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 9,999,999.99	5,000.00 USD

Payment Information

Currency	USD
Buyer Premium	7% Online
Payment Terms	A ten percent (10%) earnest money deposit is required in the form of a certified check, cash or wire transfer. The earnest money deposit is due within 72-hours of the close of the auction, with the balance of the contract purchase price due at closing within 45 days. Purchaser shall be responsible for all wire transfer fees ($25).This property will be sold subject to seller confirmation.

Shipping / Pick Up

N/A