Bank Ordered Auction

Sold at Auction Thursday, May 31, 11:00 A.M.

 
John Dixon & Associates has been commissioned to sell 19 Bank Branches; all but 6 will be selling Absolute.The branches are located in Arkansas - El Dorado and Stuttgart; North Carolina - Broadway, Coats, Denton, Hickory and Maggie Valley; Mississippi - Aberdeen; Pennsylvania - Breezewood, Kennett Square and State Line; South Carolina - Conway and Lyman; Tennessee Loudon; Virginia - Boones Mill, Danville, Fairfield and Hague.  More information coming soon.
 

 

 
BANK ORDERED AUCTION
THURSDAY, MAY 31, 11:00 A.M.
MARRIOTT WINSTON-SALEM
425 NORTH CHERRY STREET
WINSTON-SALEM, NC 27101
 

 

PROPERTY 1101

2801 Westover Drive, Danville, VA 24541

PHOTOGRAPH

County:

Pittsylvania

180531_1101
 

 

 

ABSOLUTE

Property Type:

Bank Branch

Acreage:

0.62±

Square Feet:

2,806±

Year Built:

1972

2017 Taxes:

$2,492.00

Tax ID:

9708-011-000037.000

Open House/

Inspection Date:

Monday, May 21, 9:00 a.m. to 11:00 a.m.

Listing Agent:

John Laramore

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

434-489-8200

Listing Agent Email:

johnlaramore@icloud.com

PROPERTY 1102

406 Grove Street, Loudon, TN 37774

PHOTOGRAPH

County:

Loudon

180531_1102
 

 

 

ABSOLUTE

Property Type:

Bank Branch

Acreage:

0.18±

Square Feet:

9,063±

Year Built:

1970

2017 Taxes:

$3,404.43

Tax ID:

053041AB012.00; 053041AB012.00; 053041AB013.00

Open House/

Inspection Date:

Wednesday, May 23rd , 10:00 a.m. to 1:00 p.m.

Listing Agent:

John Adams

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

865-256-2719

Listing Agent Email:

john.adams@avisonyoung.com

PROPERTY 1105

16296 Lincoln Highway, Breezewood, PA 15533

PHOTOGRAPH

County:

Bedford

180531_1105
 

 

 

ABSOLUTE

Property Type:

Bank Branch

Acreage:

0.72±

Square Feet:

3,015±

Year Built:

1983

2017 Taxes:

$1,045.86

Tax ID:

1.09-A.07-033 & 1.09-A.07-034

Open House/

Inspection Date:

Call For Information

Listing Agent:

Charles Eaton

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

717-360-3146

Listing Agent Email:

len.eaton@longandfoster.com

PROPERTY 1106

108 E. Commerce Street, Aberdeen, MS 39730

PHOTOGRAPH

County:

Monroe

180531_1106
 

 

 

 

Property Type:

Bank Branch

Acreage:

0.17±

Square Feet:

7,405±

Year Built:

1920

2017 Taxes:

$4,789.52

Tax ID:

107E-26-009-003.00

Open House/

Inspection Date:

Call For Information

Listing Agent:

Wesley Webb

Listing Agent Company:

Moss Oak Realty

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

662.231.0740

Listing Agent Email:

wwebb@mossyoakproperties.com

PROPERTY 1107

741 West Cypress Street, Kennett Square, PA 19348

PHOTOGRAPH

County:

Chester

180531_1107
 

 

 

 

Property Type:

Bank Branch

Acreage:

1.86±

Square Feet:

3,658±

Year Built:

2000±

2017 Taxes:

n/a

Tax ID:

60-02-0052

Open House/

Inspection Date:

Call For Information

Listing Agent:

John Morrissey

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

610-564-7288

Listing Agent Email:

jpm@jacksoncross.com

PROPERTY 1108

15762 South Pennsylvania Avenue, State Line, PA 17263

PHOTOGRAPH

County:

Franklin

180531_1108
 

 

 

ABSOLUTE

Property Type:

Bank Branch

Acreage:

0.48±

Square Feet:

1,900±

Year Built:

n/a

2017 Taxes:

n/a

Tax ID:

01-0A32Q-020-000000

Open House/

Inspection Date:

Call For Information

Listing Agent:

Charles Eaton

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

717-360-3146

Listing Agent Email:

len.eaton@longandfoster.com

PROPERTY 1109

808 North Buerkle Street, Stuttgart, AR 27160

PHOTOGRAPH

County:

Arkansas

180531_1109
 

 

 

 

Property Type:

Bank Branch

Acreage:

Square Feet:

1,400±

Year Built:

TBD

2017 Taxes:

$3,108.52

Tax ID:

074-01313-000

Open House/

Inspection Date:

Call For Information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

PROPERTY 1110

420 S. Bradley Avenue, El Dorado, AR 71730

PHOTOGRAPH

County:

Union

180531_1110
 

 

 

REMOVED

Property Type:

Bank Branch

Acreage:

0.517±

Square Feet:

620±

Year Built:

TBD

2017 Taxes:

$2,428.58

Tax ID:

04783-00300-0000

Open House/

Inspection Date:

Call For Information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

PROPERTY 1111

40 Main Street, Boones Mill, VA 24065

PHOTOGRAPH

County:

Franklin

180531_1111
 

 

 

ABSOLUTE

Property Type:

Bank Branch

Acreage:

n/a

Square Feet:

4,554±

Year Built:

1920

2017 Taxes:

$4,002.58

Tax ID:

302000120; 3020001300

Open House/

Inspection Date:

Call For Information

Listing Agent:

Norman Moon

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

434-455-2302

Listing Agent Email:

norman.moon@thalhimer.com

PROPERTY 1112

8518 Cople Highway, Hague, VA 22469

PHOTOGRAPH

County:

Westmoreland

180531_1112
 

 

 

ABSOLUTE

Property Type:

Bank Branch

Acreage:

1.11±

Square Feet:

3,396±

Year Built:

1970

2017 Taxes:

$3,123.20

Tax ID:

47-63C

Open House/

Inspection Date:

Call For Information

Listing Agent:

Heath Spencer

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

757-880-0627

Listing Agent Email:

hspencer@midatlanticresidential.com

PROPERTY 1113

5874 North Lee Highway, Fairfield, VA 24435

PHOTOGRAPH

County:

Rockbridge

180531_1113
 

 

 

ABSOLUTE - REMOVED

Property Type:

Bank Branch

Acreage:

Square Feet:

7,368±

Year Built:

1980

2017 Taxes:

$5,553.10

Tax ID:

39-9-3; 39-A-50

Open House/

Inspection Date:

Call For Information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

PROPERTY 1114

1571 Highway 544, Conway, SC 29526

PHOTOGRAPH

County:

Horry

180531_1114
 

 

 

 

Property Type:

Bank Branch

Acreage:

1.05±

Square Feet:

4,000±

Year Built:

2007

2017 Taxes:

$9,904.89

Tax ID:

161-00-03-002

Open House/

Inspection Date:

Tuesday, May 22, 11:00 a.m. to 1:00 p.m.

Listing Agent:

Ryan Earnest

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

843-693-1305

Listing Agent Email:

ryane@keystonecommercial.com

PROPERTY 1115

140 North McKinley Street, Coats, NC 27521

PHOTOGRAPH

County:

Harnett

180531_1115
 

 

 

ABSOLUTE

Property Type:

Bank Branch

Acreage:

Square Feet:

3,530±

Year Built:

1980

2017 Taxes:

n/a

Tax ID:

7069016050001; 7069016050008

Open House/

Inspection Date:

Wednesday, May 23, 1:00 p.m. to 3:00 p.m.

Listing Agent:

Franklin Johnson

Listing Agent Company:

 

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

910-864-2626

Listing Agent Email:

jfjohnson1@nc.rr.com

PROPERTY 1116

106 South Main Street, Broadway, NC 27505

PHOTOGRAPH

County:

Lee

180531_1116
 

 

 

ABSOLUTE

Property Type:

Bank Branch

Acreage:

0.27±

Square Feet:

2,488±

Year Built:

1974

2017 Taxes:

$3,017.12

Tax ID:

9682-41-3405-00, 9682-41-3339-00

Open House/

Inspection Date:

Wednesday, May 23, 9:00 a.m. to 11:00 a.m.

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

PROPERTY 1117

2451 Soco Road, Maggie Valley, NC 28751

PHOTOGRAPH

County:

Haywood

180531_1117
 

 

 

ABSOLUTE

Property Type:

Bank Branch

Acreage:

0.5±

Square Feet:

1,350±

Year Built:

1970

2017 Taxes:

n/a

Tax ID:

7686-96-2261

Open House/

Inspection Date:

Call For Information

Listing Agent:

Tom Mallette

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

828-734-5518

Listing Agent Email:

tom@worldheritage.com

PROPERTY 1118

94 North Main Street, Denton, NC 27239

PHOTOGRAPH

County:

Davidson

180531_1118
 

 

 

ABSOLUTE

Property Type:

Bank Branch

Acreage:

0.31±

Square Feet:

2,304±

Year Built:

1972

2017 Taxes:

$3,896.64

Tax ID:

704900750007; 70490075001

Open House/

Inspection Date:

Call For Information

Listing Agent:

John Schultz

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

336-668-9999

Listing Agent Email:

john@triadcommercial.com

PROPERTY 1119

3201 First Ave SW, Hickory, NC 28602

PHOTOGRAPH

County:

Catawba

180531_1119
 

 

 

ABSOLUTE

Property Type:

Bank Branch

Acreage:

2.32±

Square Feet:

3,472±

Year Built:

1981

2017 Taxes:

$4,527.83

Tax ID:

279205081422

Open House/

Inspection Date:

Call For Information

Listing Agent:

Tony Jarrett

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

828-322-2179

Listing Agent Email:

tonyj@teamprism.com

PROPERTY 1121

100 Inman Road, Lyman, SC 29365

PHOTOGRAPH

County:

Spartanburg

180531_1121
 

 

 

ABSOLUTE - CONTRACT PENDING

Property Type:

Bank Branch

Acreage:

0.97±

Square Feet:

2,064±

Year Built:

1974

2017 Taxes:

n/a

Tax ID:

5-15-07-001-03

Open House/

Inspection Date:

Call for Information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

 

 

PROPERTY INFORMATION

 

 

 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

 

AUCTION TERMS & CONDITIONS

AUCTION LOCATION & TIME: Thursday, May 31, 2018 at 11:00 a.m. at Marriott Winston-Salem, 425 North Cherry Street, Winston-Salem, NC 27101.

INSPECTION: Contact auctioneer for details 770.425.1141 or visit johndixon.com.

TERMS FOR LIVE BIDDING: Properties selling for a total purchase price (calculated by adding the high bid amount plus the buyer’s premium) of $100,000 or less will pay the greater of $10,000 or 20% down of the purchase price with one exception: If the high bid is less than $10,000, the entire purchase price will be due at the auction. Properties selling for a total purchase price of $100,001 to $200,000 will pay 15% down of the purchase price. Properties selling for $200,001 or greater will pay 10% down of the purchase price at the auction. Balance will be paid in full at closing to be held on or before Friday, June 29 2018. A copy of the sale contract may be reviewed prior to the auction by contacting the auctioneer.

TERMS FOR ONLINE BIDDING: The online registration will need to be completed, including credit card information which will be verified and approved, and the credit card will be charged $1.00 for this process. If you are the successful bidder and do not deliver the earnest money as outlined in the terms for live bidding which must be by wire transfer within 24 hours, a charge of $5,000 will be placed on the account. The card is for verification purposes to ensure we have serious bidders. Balance will be paid in full at closing to be held on or before Friday, June 29, 2018. The successful online bidder will be notified immediately following the closing of the auction and emailed the purchase contract. The executed contract shall be submitted per the instructions received with the contract. For questions regarding online registration, contact Stephanie Dixon at 800.479.1763 or stephanie@johndixon.com.

TERMS FOR ONLINE BIDDING: PURCHASERS PLEASE CAREFULLY READ THESE TERMS & CONDITIONS: The Office of Foreign Assets Control (OFAC) background check will be run on all individuals and entities that are the successful high bidders. If you are buying under a company organization (Corporation, LLC, LP or GP) and attending the live auction you will need to bring with you a copy of a certificate of organization obtained by the Secretary of State. If you are bidding online you will need to email those documents to Danielle Foreman at closing@johndixon.com upon receipt of the Purchase and Sale Agreement.

BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For each $10,000, a 10% buyer’s premium of $1,000 will be added to arrive at the total purchase price of $11,000.

AUCTIONEER’S AUTHORITY: The auctioneer shall make the sole and final decision as to the winning high bid amount. Acceptance by the online bidding platform does not necessarily constitute an accepted bid by the auctioneer.

AGENCY: John Dixon & Associates, auctioneer/broker, is acting exclusively as agent for the seller.

CLOSING ATTORNEY: Purchaser shall choose their own closing attorney or settlement agent and provide name and email address upon signing the contract. Seller shall pay for the preparation of the Special Warranty Deed. Seller shall provide and pay for all other documents necessary to perform Seller’s obligations under the Contract, its attorney’s fees and for the Grantor’s Tax. Buyer shall pay for recording the Deed and for preparation and recording of all instruments required to secure the balance of the Purchase price unpaid at closing; all recordation and transfer taxes, other than the Grantor’s Tax, its attorney’s fees, all costs of the title examination, title report, title commitment and one or more title insurance policies, all other closing costs, including without limitation, fees to the Settlement Agent. For questions regarding closings or contracts, contact Danielle Foreman, Closing Coordinator at 800.479.1763 or closing@johndixon.com.

SELLER’S ATTORNEY & CLOSING COORDINATOR: Properties: 1103, 1106, 1109 & 1110: Brett A. Schubert, Marin Tate Attorneys and Counselors, (901.522.9000). All remaining properties: Leigh C. Bagley, Esq., Bell, Davis, Pitt, Winston-Salem, NC 27101 (336.714.4125).

BROKER PARTICIPATION: A 2% commission of the high bid, before adding buyer’s premium, will be paid to any qualified licensed real estate broker in the state where the property is located whose prospect is the successful bidder at the auction and closes on the property. To qualify for a commission, the broker must first register the prospect by email or fax the prospect’s name and address on John Dixon & Associates’ broker registration form. The registration must include the signature of the prospective purchaser, the signature of the broker and the broker’s real estate license number. The registration must be received at 200 Cobb Parkway North, Suite 120, Marietta, GA 30062-3585, Attention: Danielle Foreman at closing@johndixon.com, no later than 4:00 p.m. eastern time on the business day preceding the auction. Broker registration may be faxed to 770.425.4413 UNDER NO CIRCUMSTANCES WILL BROKER REGISTRATION BE ALLOWED ON THE DAY OF THE AUCTION. In addition, to qualify for a commission, the broker must attend the auction with the prospect. Commissions will be paid only if property closes. A commission on a property will be paid only to the first broker registering a prospect.

SPECIAL NOTE: Property is selling “as-is, where-is” with all faults and is selling subject to easements, leases, restrictions, covenants, conditions, zoning HOA and POA fees and all other matters which would be revealed by a current survey or an inspection of the property or which is contained in public records. Seller reserves the right to add or delete property, reject any bid unless selling absolute and/or cancel the sale. Contact auctioneer for deed type on individual properties. Information contained herein was obtained from sources deemed reliable. The seller and their agents reserve the right to place bids on the property up to the seller’s reserve unless selling absolute at their sole discretion. The property will sell “as-is, where-is” with no warranty, expressed or implied, as to improvements, soil condition, environmental and wetlands, or zoning. No personal property conveyed with real estate unless denoted in contract. Neither the seller, John Dixon & Associates nor their agents will be responsible for any errors or omissions herein. Bidders should carefully verify all information and make their own decisions as to the accuracy thereof before submitting their bid. Purchaser or purchaser’s representative will acknowledge by signature of the Contract of Sale they have inspected the property. The terms of the Contract of Sale are controlling in the event of any perceived inconsistency between its terms and any statements in this brochure or other advertisement. Announcements made at the auction will take precedence over written matters.  

 
 
Thomas J. Tarpley, Licensed Arkansas Real Estate Broker and Auction License #1536, Thomas J. Tarpley, Licensed Mississippi Real Estate Broker and Mississippi Auction License #565, NCFL: 6397, Richard Dixon, Pennsylvania Auction License #6034, SC: 002815R, TN: 3945, VA:2908 000490
 
Accredited Auctioneer Real Estate aNAA Education Institute Auctioneers Association of North Carolina CCIM Institute Florida Auctioneers Association Georgia Auctioneers Association National Auctioneers Association Realtor.com
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