223 Bizzell-Braswell Road, Princeton, NC

This auction is of (2) parcels of land (sold separately) each with buildings and shelters that are located on Bizzell-Braswell Road near Princeton, NC. The auction of these properties will be held live on location at 223 Bizzell-Braswell Road, Princeton, NC on Wednesday, April 27, 2022, at 10:00am. The auction of the farm equipment will begin immediately following the auction of the (2) parcels of land.

THERE IS NO UPSET BID RAISE PERIOD ON THESE AUCTIONS. BOTH OF THESE REAL ESTATE AUCTIONS WILL BE HELD AT THE MAIN AUCTION SITE LOCATED AT OR NEAR 223 BIZZELL-BRASWELL ROAD AT 10:00AM ON 4/27/22.

AUCTION 1 - 21.76+/- ACRES - BARN YARD & PASTURE

LOCATION - At or near 223 Bizzell-Braswell Road, Princeton, NC

PARCEL ID - 12O09029H

NC PIN - 263400-60-1365

ACREAGE - 21.76

*This parcel is located on both sides of Bizzell-Braswell Road.

The portion on the west side of the road contains approximately 10.5 acres of land currently utilized as part of a farm/barnyard facility. There is 7+/- acres of cleared land that includes a large barn/shelter (approx. 40'x70') and some very nice open areas. There is also approximately 3.5 acres of wooded area along the back of the property. This portion of the parcel has approximately 500' of road frontage.

The portion on the east side of the road contains approximately 11.25 acres of land currently utilized as pasture with a small stable/shelter. There is approximately 9 acres of cleared land, 2 acres of wooded land, and a small pond on this section of the property. The property extends to the road in two places; an approx. 60' wide strip located between 227 and 263 Bizzell-Braswell Road and an approx. 15' wide farm path located on the north side of 227 Bizzell-Braswell Road.

*This entire 21.76+/- acre parcel, including both sides of the road will be sold together as "Auction 1"

AUCTION 2 - 3.53+/- ACRES - FARMING OPERATION

LOCATION - At or near 8 Bizzell-Braswell Road

PARCEL ID - 12O09029

NC PIN - 263400-51-4765

ACREAGE - 3.53

This parcel is on both sides of Bizzell-Braswell Road

The portion on the west side of the road contains approximately 2.5 acres of cleared land. This portion has frontage on both Jump Road (150') and Bizzell-Braswell Road. This property includes an older single-story wood frame farmhouse, an older large 2-story farm barn with hay loft, (2) separate bulk barn shelters, a small office/shop building, and others.

The portion on the east side of the road contains approximately 1 acre of land. There is a very large equipment shed/shelter located in the middle of the property (approx. 90'x70') with a drive all the way around the shelter. This portion of the property has 200'+ of frontage on Bizzell-Braswell Road.

*The entire 3.53+/- acre parcel, including both sides of the road will be sold together as "Auction 2"

COUNTY TAX DATA, AERIALS, A SAMPLE COPY OF THE PURCHASE AND SALE AGREEMENT, ALONG WITH THE AUCTION ANNOUNCEMENT PAGE ARE AVAILABLE FOR VIEWING, DOWNLOAD, OR PRINTING BY CLICKING ON THE RED "MAPS & BROCHURES" TAB BELOW.

TERMS & CONDITIONS

SELLER – This property is being sold by CBA under Order of or with Notice to The United States Federal Bankruptcy Court

THE PROPERTY IS BEING SOLD “FREE & CLEAR” OF LIENS – This property is being sold by Court order of having no liens.

THE PROPERTY IS BEING SOLD “AS IS, WHERE IS” – This property is being sold in its current condition with no Buyer contingencies. The information included in the advertising, sales packages, and other is intended for general information purposes only. This information has been provided to us as accurate from outside sources, public records, and other information platforms, however the Seller, Country Boys Auction & Realty, Inc., its employees, Brokers, and associates, hold themselves harmless for any and/or all the information provided in this package. Furthermore, all drawings, maps, letters, descriptions, etc., are “unofficial.” It is the sole responsibility and obligation of the buyer to inspect the property prior to the time of sale and do any and all research they deem necessary prior to bidding.

BROKER - Country Boys Auction & Realty, Inc., its Brokers, and employees are agents for the Seller and have no dual agency representation of responsibilities. Any agent or Broker working with a Buyer will be a Buyer's Agent and would need to be compensated by the Buyer.

DEPOSIT - A deposit in the amount of 10% of the high bid amount is required by the high bidder immediately upon completion of the auction. Cash or check is accepted. The property is being sold “free and clear” of all liens, or with liens satisfied at closing.

CLOSING – The balance of the sales amount will be due at closing. The Buyer will have (30) days from the time of confirmation to close on the property.

TAXES - The property is being sold with taxes prorated as of day of closing, meaning the current year taxes will be split between the Buyer and the Seller based on the closing date; the Seller will pay all prior year’s taxes.

NO BUYER’S PREMIUM

THIS AUCTION IS OPEN TO THE PUBLIC