224 N. Pierce Street, Washington, NC

This auction is of a house and lot located at 224 N. Pierce Street in Washington, NC. This 1,260 square foot 2-story wood frame home was built in the early 1900's. The home has (3) bedrooms and (1) bath and is situated on a 0.17+/- acre lot. The home is located near the downtown Washington waterfront district between Second and Third Streets, within a block of the recent and current residential rennovation areas. Estate of Alan William Kutzing (deceased) Beaufort County File Number 23 SP 25.

This house is currently vacant. Contact Mike Gurkins (252) 916-1005 or Dewey Dunn (252) 916-1002 for access to this property for preview or inspection. The home will also be available for inspection and preview one hour prior to auction time.

THIS AUCTION WILL BE HELD LIVE ON LOCATION AT THE PROPERTY ON THURSDAY, MAY 18, 2023 AT 12:00PM. THE HIGH BID AMOUNT WAS RECORDED WITH THE BEAUFORT COUNTY CLERK OF COURT FOR THE MANDATORY UPSET BID RAISE PERIOD.

THE CURRENT BID AMOUNT IS $17,000.00

THE NEXT MINIMUM BID AMOUNT WILL BE $17,850.00

THE NEXT MINIMUM BID RAISE DEPOSIT WILL BE $892.50

CURRENT UPSET BID PERIOD EXPIRES AT 5PM ON 5/30/23

*Per auction day announcements, appliances do not convey with the sale of this property.

BEAUFORT COUNTY TAX DATA

Address - 5224 N. Pierce Street

REID - 44060

PIN - 5675-69-6768

Living area - 1260 square feet

Land size - 1 lot - 0.17 acres

Year built - 1900

Bedrooms - 3

Bathrooms - 1

Current tax value - $17,997.00

TERMS & CONDITIONS

SELLER - This sale is being conducted by CBA in the Matter and/or the Estate of Alan William Kutzing.

THE PROPERTY IS BEING SOLD “FREE & CLEAR” OF LIENS – Any liens, if any, will be satisfied at or before closing and is being sold free of all known 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.

ESTATE STATUTES - The sale is subject to all North Carolina Estate General Statutes including a “(10) day upset bid raise period”, meaning that the last and final bid at the auction is recorded with the Clerk of Court for the county that the property is located in and held “open”. Anyone can contact the Clerk’s office and raise the bid during the raise period. All raises made after the close of the auction must be of at least 5% of previous recorded bid and must be made through the Clerk’s office. Each time the bid is raised, the (10) day “upset bid period” starts over. This process continues until there have been no raises. At that time, the file is sent to the Clerk for the confirmation process. Once confirmed, the high bidder will have (30) days to close on the property.

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 5% of the high bid amount (or $750.00, whichever is the greater amount) is required by the high bidder immediately upon completion of the auction. The auction company accepts cash or check. 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 IS A PUBLIC AUCTION