283 Flat Woods Rd., Timberlake, NC

REAL ESTATE AUCTION

48+ acres in Timberlake, NC

This auction is of a very nice 48.86+/- acre property located at 283 Flat Woods Road near Timberlake, NC. This property contains approximately 20 acres of cleared and 28 acres of woodlands, two small ponds, a small building, and approximately 800' of combined road frontage on Charlie Moore Rd. and Flat Woods Rd. This is a really nice property with slight rolling land that would make a very nice homeplace or possibly be divided into multiple homesites.

While the property has a rural country living feel, there are multiple new and existing subdivisions in the area.  The property is located in close proximety and easy travel to several area cities. It is just 7 miles southeast of downtown Roxboro, miles miles west of downtown Oxford, 20 miles N of downtown Durham, and 30 miles south of South Boston, VA. It is located less than a mile from HWY 158 (a major east/west two lane highway) at Surl Crossroads and less than 5 miles from Hwy 501 (a major north/south divided four lane highway).

THIS AUCTION WILL BE HELD LIVE ON LOCATION AT THE PROPERTY ON FRIDAY, MARCH 20, 2026 AT 10:00AM. THIS AUCTION WILL REPRESENT THE FINAL SALE, THERE IS NO UPSET BID RAISE PERIOD FOR THIS AUCTION.

PERSON COUNTY TAX DATA

ADDRESS - 283 Flat Woods Rd., Timberlake, NC

PARCEL RECORD NUMBER - 21442

ACRES - 48.86

BUILDING - 25x31 unfinished

TERMS & CONDITIONS

SELLER – This property is being sold by CBA under Order of or with Notice to The United States Federal Bankruptcy Court and is subject to Court confirmation.

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.

BIDDING - Bidding for this auction will be held live on location at the property on the date and time ordered and listed above. There is no upset bid raise period for this auction. The high bid at the close of the auction by the auctioneer at the live auction will be the final bid amount.

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.

CONFIRMATION - This sale is subject to Court confirmation. This confirmation period usually takes a few weeks from the date of the sale. Once confirmed, the buyer will be notified of the confirmation. The (30) day closing time does not start until confirmation.

CLOSING – The balance of the sales amount will be due at closing. The Buyer will have (30) days from the time of confirmation of the sale by the Court to close on the property, not from auction day. The Buyer must retain an attorney of their choosing to represent them in the closing process

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.

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

NO BUYER’S PREMIUM - THIS IS A PUBLIC AUCTION