316 Saint Nicholas Trail

This a court ordered auction for 316 St. Nicholas  Trail Tax Card Below       Property Owner KELSO EMILY D   Owner's Mailing Address 316 SAINT NICHOLAS TRAIL   GIBSONVILLE , NC 27249 Property Location Address 316 ST NICHOLAS TR Administrative Data Parcel ID No. 108513 OLD Tax Map ID 3-28-261 GPIN 8845461079     Owner ID 0661102     Tax District 15 - TOWN OF GIBSONVILLE   Land Use Code 60 Land Use Desc TOWNHOUSE     Neighborhood 03063 Administrative Data Legal Desc SAVANNAH GLEN PH 5A SEC 1   LOT 102 BLDG 21     Plat Bk/Pg 72 / 171   Valuation Information   Tax Value   $       Tax Value - Land and all permanent improvements, if any, effective January 1, 2023, date of County’s most recent General Reappraisal     Assessed Value $  243,317   If Assessed Value does not equal Market Value, then the parcel may be in a tax deferment program, be split by the county line, or be overridden to match an alternative valuation approach. Improvement Detail (1st Major Improvement on Subject Parcel) Year Built 2007 Built Use/Style TOWNHOUSE Current Use B  / GOOD QUALITY (B) Grade B  / GOOD QUALITY (B) * Percent Complete 100 Heated Area (S/F) 1,458 Fireplace (Y/N) Y Basement (Y/N) N ** Bedroom(s) 3 ** Bathroom(s) 2 Full Bath(s) 0 Half Bath(s) *** Multiple Improvements 1 * Note - As of January 1 * * Note - Bathroom(s), Bedroom(s), shown for description only * * * Note - If multiple improvements equal “MLT” then parcel includes additional major improvements Sales History 4 Previous Sales Found for Parcel number 108513 Record Num Date Name Book/Page Sale Price 1 2017 KELSO EMILY D 3554 / 0918 $137,000.00 2 2015 KING KRISTOPHER J 3340 / 0684 $126,000.00 3 2010 HARRISON AMY E 2804 / 0669 $130,000.00 4 2004 KEYSTONE GROUP INC 1853 / 408 $0.00   Building Sketch (Building 1) - Sketch for Parcel ID: 108513 Label Description Base SF Total SF B OPEN PORCH 14.00 .00 C OPEN PORCH 14.00 .00 D BRICK GARAGE 226.00 .00 E LEVEL PATIO 154.00 .00 F TOWNHOUSE/ROWHOUSE 610.00 1458.00 Land Supplemental Deeded Acres 0 Tax District Note 15 - TOWN OF GIBSONVILLE Present-Use Info TOWNHOUSE Improvement Valuation (1st Major Improvement on Subject Parcel) * Improvement Tax Value $ ** Improvement Assessed Value $    203,317 * Note - Tax Value effective Date equal January 1, 2023, date of County’s most recent General Reappraisal ** Note - If Assessed Value not equal Tax Value then variance resulting from formal appeal procedure Land Value Detail (Effective Date January 1, 2023, date of County’s most recent General Reappraisal) Land Full Value (LFV) $ Land Present-Use Value (PUV) $ ** Land Total Assessed Value $  40,000  40,000  40,000 ** Note: If PUV equal LMV then parcel has not qualified for present use program    
  •   Jan 27 @ 12:00am EST (Start)
  •   Feb 18 @ 12:00pm EST (End)
  •   Add to Calendar

Court Ordered Auction

Call: Phil Seay

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This a court ordered auction for 316 St. Nicholas  Trail

Tax Card Below

 

 

 

Property Owner
KELSO EMILY D
 
Owner's Mailing Address
316 SAINT NICHOLAS TRAIL
 
GIBSONVILLE , NC 27249
Property Location Address
316 ST NICHOLAS TR
Administrative Data
Parcel ID No.
108513
OLD Tax Map ID3-28-261
GPIN
8845461079
 
 
Owner ID
0661102
 
 
Tax District
15 - TOWN OF GIBSONVILLE
 
Land Use Code
60
Land Use Desc
TOWNHOUSE
 
 
Neighborhood
03063
Administrative Data
Legal Desc
SAVANNAH GLEN PH 5A SEC 1
 
LOT 102 BLDG 21
 
 
Plat Bk/Pg
72 / 171
 
Valuation Information
 
Tax Value   $
 
 
 
Tax Value - Land and all permanent improvements, if any, effective January 1, 2023, date of County’s most recent General Reappraisal
  
Assessed Value $
 243,317
 
If Assessed Value does not equal Market Value, then the parcel may be in a tax deferment program, be split by the county line, or be overridden to match an alternative valuation approach.
Improvement Detail
(1st Major Improvement on Subject Parcel)
Year Built2007
Built Use/StyleTOWNHOUSE
Current UseB  / GOOD QUALITY (B)
GradeB  / GOOD QUALITY (B)
* Percent Complete100
Heated Area (S/F)1,458
Fireplace (Y/N)Y
Basement (Y/N)N
** Bedroom(s)3
** Bathroom(s)2 Full Bath(s) 0 Half Bath(s)
*** Multiple Improvements1
* Note - As of January 1
* * Note - Bathroom(s), Bedroom(s), shown for description only
* * * Note - If multiple improvements equal “MLT” then parcel includes additional major improvements
Sales History
Previous Sales Found for Parcel number 108513
Record Num
Date
Name
Book/Page
Sale Price
1
2017
KELSO EMILY D
3554 / 0918
$137,000.00
2
2015
KING KRISTOPHER J
3340 / 0684
$126,000.00
3
2010
HARRISON AMY E
2804 / 0669
$130,000.00
4
2004
KEYSTONE GROUP INC
1853 / 408
$0.00
 
Building Sketch
(Building 1) - Sketch for Parcel ID: 108513
LabelDescriptionBase SFTotal SF
BOPEN PORCH14.00.00
COPEN PORCH14.00.00
DBRICK GARAGE226.00.00
ELEVEL PATIO154.00.00
FTOWNHOUSE/ROWHOUSE610.001458.00
Land Supplemental
Deeded Acres
0
Tax District Note
15 - TOWN OF GIBSONVILLE
Present-Use Info
TOWNHOUSE
Improvement Valuation (1st Major Improvement on Subject Parcel)
* Improvement Tax Value $
** Improvement Assessed Value $
 
 203,317
* Note - Tax Value effective Date equal January 1, 2023, date of County’s most recent General Reappraisal
** Note - If Assessed Value not equal Tax Value then variance resulting from formal appeal procedure
Land Value Detail (Effective Date January 1, 2023, date of County’s most recent General Reappraisal)
Land Full Value (LFV) $
Land Present-Use Value (PUV) $ **
Land Total Assessed Value $
 40,000
 40,000
 40,000
** Note: If PUV equal LMV then parcel has not qualified for present use program

 

 

This is a court ordered auction, so the high bid must be posted at the court house for a 10 day upset period.

If the bid is not upset and approved by the clerk of court, the high bidder must close within 10 days of court approval.

If the bid is upset, the high bidder may choose to bid again or ask for a refund of their deposit.

All bidders must be approved by auctioneer and agree to the terms and conditions listed below.

Property will be sold subject to all past due and current property taxes.  Please verify with the county and / or city of amount due before you bid.  Current year taxes WILL NOT be prorated.

Terms
Before you bid:

  • You have read and agreed to the terms of the auction.
  • Inspected the properties OR waived your ability to inspect.
  • Properties are sold “AS IS, WHERE IS” without any further, appraisals, financing, inspections, or repairs.
  • The Auctioneer controls the bidding & corrects any inadvertent bids: The Auctioneer has final say.
  • A deposit of 5% of the high bid is due on at completion of auction.
  • 10 Day upset period applies for all court ordered sales.
  • Property is subject to a buyer’s premium of 10% added to the high bid.

Terms

BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to your final bid to equal the contract price.


TERMS: 5% of contract purchase price down auction date, balance shall be payable at closing in within 20 days of court confirmation. This transaction is not contingent on the Purchaser obtaining financing or upon any other event except as specifically referred to in these Terms and Conditions. Personal or Business check accepted with bank letter guaranteeing payment of such funds.

LIQUIDATED DAMAGES: If buyer chooses not to close within stated time herein and no written extension has been granted by the seller, the buyer will forfeit all the deposit. If such action occurs, Eagle Auction Professionals, hereby has the right to disperse the deposit as stated in the listing agreement and the buyer has no claims to such money or property being sold. Liquidated damages are to cover cost of auction, cost incurred by seller, labor cost and additional cost of auction as not defined in this agreement. These liquidated damages and/or any additional damages the seller suffers by the default of the buyer.

ESCROW: All monies collected on sale day will be placed in the administrator-attorney's Trust Account.

POSSESSION: Purchaser shall receive possession of property the after-recordation date of closing.

CONFIRMATION: Sale is subject to seller clerk of court confirmation.

SURVEY: All property will be conveyed by the deed/plat of record. If a survey is required, the following terms will apply:
All survey fees are between the buyer and the surveyor. Any additional work is between the buyer and the surveyor. Neither Eagle Auction Professionals nor the seller represents the survey in any way.
The sale plat has been derived from tax maps taken from the County Tax Office. The tract layout was done by Eagle Auction representatives and is believed to be correct, but not guaranteed to be so.

SPECIAL INSTRUCTIONS: Any special instructions must be written on sales contract today.

CLOSING COST: Seller will prepare a deed. Purchaser shall pay all closing costs associated with examination of title, the Closing, and filing the documents to be recorded including the cost of any deep stamps and/or deed transfer taxes.

TITLE INSURANCE: Title insurance will be the purchaser’s expense.

TAXES: This sale is subject to all past due and current year (if any) property taxes.

RESTRICTIONS: Subject only to (1) all City, County and State laws, ordinances, and regulations and (2) any easements encumbrances and restrictions applicable to the Property. Seller is placing no restrictions on the property.

RELEASE: By its acceptance of the deed, the Purchaser shall be deemed to release Seller and Eagle Auction from all claims and liabilities relating to any defect, deficiency or other matter concerning the Property including, without limitation, the condition, quantity or use of the Property. Seller and Eagle Auction gives no warranties of any kind, either expressed or implied, with respect to the condition, merchantability, use, size, configuration, design, or suitability of the Property.

AUCTION CONTRACT: Please note that the Auction Contract you will execute immediately following the close of the auction will be drawn up based on the way you bid. See an attached sample copy of the auction contract being used.

REAL ESTATE BROKERAGE SERVICES DISCLOSURE: Eagle Auction represents the seller in this transaction. Eagle Auction has an exclusive right to sell listing for this transaction. All negotiations must be conducted through Eagle Auction. Eagle Auction is exclusive agent for the sellers in this transaction. All successful purchasers will be required to sign an Agency Disclosure Form at the time of signing the auction contract.

EAGLE AUCTION INVOLVEMENT IN THIS CONTRACT: The seller and buyer hereby agree that Eagle Auction is a part of this contract and shall receive compensation as stated in agreement hereto as stated in listing agreement hereby made a part of.

UTILITIES: Eagle Auction & Realty, Inc. or the seller does not guarantee the availability of utilities, public or private. This consists of but is not limited to wells, septic tanks, access to public utilities or any hookup fees therewith. Confirmation of utility availability is the bidder’s sole responsibility.

BIDDER’S DUTY TO INSPECT: All information published, announced, or contained herein was derived from sources believed to be correct, however, it is not guaranteed by the seller, the auctioneers or any other person or entity. Personal onsite inspection of all property by potential bidders is strongly recommended. All sales are subject to the conditions and terms contained herein. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer or deposit money after its opening tender. This includes but is not limited to public information such as easements, restrictions, zoning, right-of-ways, or any other information that can be obtained as public record in the county courthouse or any municipal office concerning subject properties. All announcements made from the auction stand take precedence over all other verbal, printed, announced and/or distributed information. Please note that you are bidding to purchase the Property “As Is, where is” with no guarantee or warranty. Eagle Auction is the agent of the seller and their fiduciary duties of loyalty and faithfulness are owed to their client (the seller).

 

Seller's Addendum

Buyer acknowledges that Seller has entered into this Agreement pursuant to an Order of the Clerk of Superior Court of the presiding County authorizing Seller to sell the Property and that notwithstanding anything contained herein to the contrary, this Contract will not become effective and Seller shall have no obligation to Buyer hereunder until such time as: (a) Seller has filed with the Clerk of Superior Court, a Report of Sale with respect to the offer hereby made by the Buyer; (b) the applicable upset bid period for the sale has expired without an upset bid being filed with the time allowed by law pursuant to North Carolina General Statutes; and (c) the sale has been confirmed by the Clerk of Superior Court as required by law. In the event that an upset bid is filed with the Clerk of Superior Court within the time allowed by law, this Agreement will be null and void and completely without force and effect, however, Buyer would have the opportunity to appear at any subsequent public sale and bid on the Property just as any other member of the general public might do. Notwithstanding anything to the contrary contained herein, Seller shall convey title to the Property by special warranty deed and not by general warranty deed. Further, Buyer and Seller acknowledge that the Property is being sold and purchased in AS IS condition as set forth in the AS IS Addendum attached hereto and incorporated herein by reference.