13 SCENIC BUILDING LOTS – SPRING VALLEY

Description

13 SCENIC BUILDING & RECREATIONAL LOTS

RESULTS:

SOLD TO 8 BUYERS FOR $947,500

TRACT 1:  $60,000

TRACT 2 & 13:  $290,000

TRACT 3 & 9:  $105,000

TRACT 4 & 5:  $145,000

TRACT 6 & 8:  $100,000

TRACT 7:  $50,000

TRACT 10 & 11:  $135,000

TRACT 12:  $62,500

LOTS FROM 5 TO 20 ACRES

ROLLING TOPOGRAPHY, WOODS & POND

GREAT LOCATION

Property Location:   1505 Spring Valley-Alpha Road, Xenia, Ohio 45385 in Spring Valley Township, Greene County

13 Scenic Building & Recreational Lots ranging in size from 5 acres to 20 acres, being sold at public auction on March 27. Bid on any individual lot, any combination of lots, or the entire property to suit your needs.  Rolling landscape with elevations rising over 100 feet from the lowest to highest point. Lightly traveled location including rolling pastures, woods and pond with beautiful views of the rolling countryside. Desirable location within minutes from Bellbrook, Beavercreek, Centerville and Wright Patterson AFB with easy access to US 35 and I-675. A-5 zoning allowing residential building sites, horses and other livestock, and most other agricultural uses. Entire property contains 102 acres with over 20 acres of woods. This is a one-of-a-kind property in a great location ready for your custom home or get-away. Perfect opportunities for walkout basements along with hunting, fishing & more. Sells at auction on Wed, March 27 at 4 pm at the Greene County Fairgrounds. Contact auction agent for full details and terms.

Description of Lots

Tract 1:              7.29 Acres with 2 barns

Tract 2:            19.97 Acres with woods

Tract 3:              5.53 Acres

Tract 4:              5.39 Acres (highest elevation lot)

Tract 5:              5.01 Acres

Tract 6:              5.01 Acres

Tract 7:              5.06 Acres

Tract 8:              6.78 Acres

Tract 9:              6.45 Acres

Tract 10:            5.83 Acres with woods

Tract 11:            6.65 Acres with woods & pond

Tract 12:            6.26 Acres

Tract 13:          17.07 Acres with woods (Swing Tract – see auction terms)

REAL ESTATE SALE TERMS

Bidding Procedure:  The property will sell by the Multi-Parcel auction method in 13 tracts to the highest bidder(s), subject to confirmation of the Seller.

Acceptance of Bid Prices:  The successful bidder(s) will sign a Confirmation of Sale Agreement at the auction site immediately following the close of bidding.  Bidding IS NOT CONDITIONAL UPON FINANCING.

Downpayment:  $5,000 per tract as down payment will be deposited with the Auction Company on the date of auction upon signing of Confirmation of Sale Agreement; balance due at closing.  

Real Estate Taxes:  Taxes will be prorated to date of closing using long proration method. Purchaser will be responsible for CAUV recoupment due to change in land use, if applicable.

Closing Date:  On or before May 10, 2019.  Purchaser will pay customary portion of closing costs at closing. Closing(s) will be conducted by Home Site Title Agency, Xenia, Ohio.

Possession:  Date of closing.

Survey:  Seller to provide new 2019 survey for Tracts 2-13 and 2006 survey for Tract 1.

Easement:  The back of Tracts 2, 12 and 13 contain an electrical line easement as shown on the survey.

Swing Tract:  Tract 13 can only be purchased with an adjoining lot or by an adjoining property owner.  This lot cannot sell individually. The number of homes that can be built by the purchaser of Tract 13 is dependent on the number of lots owned with road frontage.

Agency:  Sheridan & Associates, Auctioneers, Real Estate Broker, Appraisers, LLC and its representatives are Exclusive Sales Agents for the Seller.

Disclaimer & Absence of Warranties:  All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Confirmation of Sale Agreement.  Announcements made by the Auctioneer at the time of the Auction will take precedence over any previously printed or oral information.  The property is sold on an "AS IS, WHERE IS" basis, and no warranties or representations, either expressed or implied, concerning the property are made by the Seller or the Auction Company.  Each bidder is responsible for conducting his/her own independent inspections, investigations, inquiries, and due diligence concerning the property.  The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it.  Neither the Seller nor the Auction Company assumes liability for its accuracy, errors, or omissions.  Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer.  The Seller and the Auction Company reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, legal capacity, etc.  All decisions of the Auctioneer are final.

Terms

REAL ESTATE SALE TERMS

Bidding Procedure:  The property will sell by the Multi-Parcel auction method in 13 tracts to the highest bidder(s), subject to confirmation of the Seller.

Acceptance of Bid Prices:  The successful bidder(s) will sign a Confirmation of Sale Agreement at the auction site immediately following the close of bidding.  Bidding IS NOT CONDITIONAL UPON FINANCING.

Downpayment:  $5,000 per tract as down payment will be deposited with the Auction Company on the date of auction upon signing of Confirmation of Sale Agreement; balance due at closing.  

Real Estate Taxes:  Taxes will be prorated to date of closing using long proration method. Purchaser will be responsible for CAUV recoupment due to change in land use, if applicable.

Closing Date:  On or before May 10, 2019.  Purchaser will pay customary portion of closing costs at closing. Closing(s) will be conducted by Home Site Title Agency, Xenia, Ohio.

Possession:  Date of closing.

Survey:  Seller to provide new 2019 survey for Tracts 2-13 and 2006 survey for Tract 1.

Easement:  The back of Tracts 2, 12 and 13 contain an electrical line easement as shown on the survey.

Swing Tract:  Tract 13 can only be purchased with an adjoining lot or by an adjoining property owner.  This lot cannot sell individually. The number of homes that can be built by the purchaser of Tract 13 is dependent on the number of lots owned with road frontage.

Agency:  Sheridan & Associates, Auctioneers, Real Estate Broker, Appraisers, LLC and its representatives are Exclusive Sales Agents for the Seller.

Disclaimer & Absence of Warranties:  All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Confirmation of Sale Agreement.  Announcements made by the Auctioneer at the time of the Auction will take precedence over any previously printed or oral information.  The property is sold on an "AS IS, WHERE IS" basis, and no warranties or representations, either expressed or implied, concerning the property are made by the Seller or the Auction Company.  Each bidder is responsible for conducting his/her own independent inspections, investigations, inquiries, and due diligence concerning the property.  The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it.  Neither the Seller nor the Auction Company assumes liability for its accuracy, errors, or omissions.  Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer.  The Seller and the Auction Company reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, legal capacity, etc.  All decisions of the Auctioneer are final.