5605 Bonnerton Road, Edward, NC

(3) SEPARATE REAL ESTATE AUCTIONS

Now in an upset bid raise period

CURRENT BIDS

SALE 1 - 35+/- ACRE TRACT (detailed below)

CURRENT BID - $65,000.00

NEXT MINIMUM BID AMOUNT - $68,250.00

DEPOSIT ON NEXT MINIMUM RAISE - $3,412.50

Current upset bid raise period fo 35 ac. ends at 5pm on 8/2/24

SALE 2 - 6+/- ACRE TRACT (detailed below)

CURRENT BID - $13,000.00

NEXT MINIMUM BID AMOUNT - $13,750.00

DEPOSIT ON NEXT MINIMUM RAISE - $750.00

Current upset bid raise period fo 6 ac. ends at 5pm on 8/2/24

SALE 3 - HOUSE AT 5605 BONNERTON RD (detailed below)

CURRENT BID  - $68,355.00

NEXT MINIMUM BID AMOUNT - $71,772.75

DEPOSIT ON NEXT MINIMUM RAISE - $3,588.64

Current upset bid raise period for house ends at 5pm on 8/05/24

We conducted (3) separate real estate auctions on Wednesday, July 10, 2024 at 10:00am in Edward, NC. All of the auctions were held at the 5605 Bonnerton Road location. These auction are being held for the Executor in the Matter of Rosa Lee Booth Minor. 

This property is located approximately 1/2 mile off of NC HWY 33 accessed via a dirt path located beside 17661 NC HWY 33 East, Blounts Creek, NC. Beaufort County REID 21476. The timber was harvested from this property several years ago and appears to be natural "re-growth".

AUCTION 2 - 6+/- acres "cut-over" woodland

This property is located approximately 500' off of Minor Run Road behind 744 Minor Run Road, Edward, NC. The property has access via a recorded easement across parcels 48228 and 48229. Beaufort County REID 48230. This property was clear cut several years ago and has minimal "re-growth".

AUCTION 3 - Brick home & 1+ acre lot

This property is located at 5605 Bonnerton Road, Edward, NC. Tax records identify the property as being built in 1900 with multiple additions. The 2-story home is currently listed as having 2,852 square feet of total living space. An extensive kitchen and bathroom remodel has been done in recent years. The home is in fair overall condition, there are however a few areas where repairs are needed.

This property is vacant and will be available for preview and inspection by contacting our office at (252)946-6007.

TAX RECORDS, MAPS, EASEMENT INFORMATION, ETC. CAN BE VIEWED OR PRINTED BY CLICKING ON THE RED "MAPS/BROCHURES" TAB JUST BELOW THE "TERMS & CONDITIONS".

TERMS & CONDITIONSTERMS & CONDITIONS

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