184 Michael Street, Jarvisburg, NC

REAL ESTATE AUCTION - 8/15/25

(2) residential lots in Jarvisburg, NC

This auction is of (2) vacant residential lots in Albemarle Sound Beach Subdivision near Jarvisburg, NC. This neighborhood is located off of Caratoke Hwy (Hwy 158) between Point Harbor and Grandy, NC. Lots 34 & 35 (184 Michael Street) are located on the northwest corner of Albemarle Street and Michael Street. Both lots will be sold together. This is an older subdivision with a mix of manufactured and conventionally built homes, but there is a current boom in development in this area of the subdivision with several recently completed homes and several more under construction. The streets in this neighborhood appear to be privately owned and maintained. Some are in fair condition, others need work, but there are a lot of homes in this subdivision.

The auction will be held live on location at the property on Friday, August 15, 2025 at 10am. There is no upset bid raise period for this auction, the high bid at the live auction will be the selling price and is subject only to Court confirmation. The property is being sold "free and clear" of all know liens. Taxes will be prorated as of day of closing. This is being sold "as is, where is". We have no indormation as to water, sewer, septic, or other utlity access.

CURRITUCK COUNTY TAX DATA

LOT 34 - PARCEL ID 110B00400340000

ACREAGE - 0.08

LOT 35 - PARCEL ID 110B00400350000

ACREAGE - 0.08

Both lots will be sold together

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 IS A PUBLIC AUCTION

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