328 Oak Bluff Road, Kinston, NC

REAL ESTATE AUCTION

House & Lot near Kinston, NC

This is actually (4) separate auctions of contiguous properties all located on Oak Bluff Road in Riverwatch Subdivision off of Hwy 55 between Kinston and Seven Springs, NC including a large brick home on a 3.38 acre lot and (3) other separate vacant residential lots. Each of these properties will be auctioned separately and will not be combined.

THESE AUCTIONS WILL BE HELD LIVE ON LOCATION AT THE PROPERTY AT 328 OAK BLUFF ROAD, KINSTON, NC AT 10:00AM on WEDNESDAY, AUGUST 6, 2025. THE PROPERTIES WILL BE SOLD IN THE ORDER THEY ARE LISTED. THESE ARE SEPARATE AUCTIONS AND THE PROPERTIES WILL NOT BE COMBINED.

THERE IS NO UPSET BID RAISE PERIOD ON THESE AUCTIONS.

AUCTION 1 - 3,989 square foot brick home situated on a 3.38+/- acre residential lot. This large 2-story home was built in 1999 and has (4) bedrooms, (4) full baths, separate office area, attached 2-car garage, detached 2-car garage with large shelter on the rear, bonus rooms, and more. The home appears to be in good structural condition but does need some internal repairs and upgrades (mostly floor covering replacement and floor repair). With a little work, this could be a very nice home. A small portion of this property is located in the flood plain area, but not the portion with the home. This house is vacant and can be viewed or inspected by Calling Mike Gurkins at (252)916-1005 or Dewey Dunn at (252)916-1002

Lenoir County Parcel - 29198

Lot 6 Riverwatch SD

Current Tax Value - $591,480.00

SOLD FOR $355,000.00

AUCTION 2 - LOT 5 Riverwalk is located immediately to the left of the house property (facing the house) and contains 1.32 acres. A portion of the rear of this property is in the flood plain area, but there is a large area along the front that is not.

Lenoir County Parcel - 29197

Lot 5 Riverwalk SD

Current Tax Value - $27,192.00

SOLD FOR $7,500.00

AUCTION 3 - LOT 4 Riverwalk is located immediately to the left of LOT 5 described above and contains 1.85 acres. The right front section of this lot is above the flood plain, while the far left and rear sections are in the flood plain.

Lenoir County Parcel - 29196

Lot 4 Riverwalk SD

Current Tax Value - $29,023.00

SOLD FOR $7,000.00

AUCTION 4 - LOT 7 Riverwalk is located immediately to the right of the house located 328 Oak Bluff Rd. This large open property is identified as being completely in the flood plain area. It appears to have once had a fenced riding/training arena.

Lenoir County Parcel - 29199

Lot 7 Riverwalk SD

Current Tax Value - $37,625.00

SOLD FOR $10,000.00

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 known liens or with liens negotiated and/or satisfied at closing. You will receive clean marketable title to these properties.

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. Our company will gladly work to assist buyers in any was possible within that capacity. 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 IS A PUBLIC AUCTION

ANNOUNCEMENTS AT TIME OF AUCTION TAKE PRECEDENCE OVER ALL OTHER INFORMATION, BE IT WRITTEN, ADVERTISED, OR CONVEYED.