303 Magnolia Drive, Washington, NC

UPSET BID RAISE PERIOD

2-Story brick home in Washington, NC

CURRENT BID $120,750.00

NEXT MINIMUM BID RAISE AMOUNT $126,787.50

DEPOSIT ON NEXT MINIMUM BID RAISE $6,339.38

CURRENT  BID RAISE PERIOD ENDS AT 5PM ON 3/23/26

FILE NUMBER - 25SP000133-060

This auction is of a 2,664 square foot home located at 303 Magnolia Drive off of River Road approximately 2 miles east of downtown Washington and Haven's Gardens. This large home was built in 1969 and has (5) bedrooms and (2.5) baths and also has a large 2-car attached garage. The house appears to be in good overall condition, but is dated. The house sits on a 0.5+ acre lot. Estate of Carlton Carver (deceased). Beaufort County File 25 SP 000133-060

This property is vacant and will be available for preview and inspection begining on February 5, 2026. Call Mike Gurkins (252)916-1005 or Dewey Dunn (252)916-1002 for access to this property.

THIS AUCTION WAS HELD LIVE ON LOCATION AT THE PROPERTY ON THURSDAY, MARCH 5, 2026 AT 10:00AM. IT IS CURRENTLY IN A (10) DAY UPSET BID RAISE PERIOD.

BEAUFORT COUNTY PARCEL INFORMATION

ADDRESS - 303 Magnolia Drive, Washington, NC

REID - 38223

TYPE - Single-family residential

TOTAL LIVING AREA - 2,664 SF

YEAR BUILT - 1969

BEDROOMS - 5

BATH - 2.5

ACRES - 0.56

CURRENT TAX VALUE - $248,449.00

TERMS & CONDITIONS

SELLER - This sale is being conducted by CBA

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