PROPERTY LOCATION
709 Old Graves Mill Rd
Lynchburg, VA 24502
AUCTION LOCATION
Live auction held at:
Homewood Suites
4021 Wards Rd
Lynchburg, VA 24502
Online and phone bidding also available
DETAILS
Great opportunity in a great location! This charming brick cottage needs a little TLC to make it truly shine but enjoys a large, level lot with impressive oak trees and extensive landscaping.
- Lynchburg Parcel ID 24905001
- 1.45 acres on Old Graves Mill Rd between Timberlake Rd and Graves Mill Rd
- Brick cottage
- Built in 1952
- 1017 square feet
- 2 bedrooms, 1 bath
- Fireplace in living room
- Full basement
- Attic for storage
- Enclosed sun porch
- Oil furnace
- Electric panel is fuse box
- Public water
- Private septic
- A little paint and TLC can make this cottage shine
- Great lot!
- Nice 1.45 acre lot
- Extensively landscaped with dogwoods, boxwoods, Magnolia, Japanese maples, mature oaks, rose bushes, and much more
- Fenced back yard with Koi pond and raised garden bed
- Utility shed with lean-to for equipment storage
- Zoned R-1
- Great location!
- Convenient to shopping, restaurants, and more on Timberlake Rd and Graves Mill Rd
- Easy access to the Lynchburg Expressway
- Just 4 miles from Liberty University
- Tax assessed at $144,000 with annual taxes of $1,281
PREVIEW DATES
- Wednesday, May 22 from 5-6PM
- Sunday, May 26 from 1-3PM
- Thursday, May 30 from 4-6PM
- Private tours may be available other days by appointment. Call 434-847-7741
DIRECTIONS TO PROPERTY
- From Liberty University, RIGHT on Wards Rd 3/4mi to RIGHT to get on Lynchburg Expressway / US-501N. 2mi to Graves Mill exit (exit 11). LEFT at end of ramp onto Graves Mill Rd. 1/2mi to LEFT on Old Graves Mill Rd. 3/4mi to home on right (just after All Peoples Church).
REAL ESTATE AGENTS
2% commission available. Call or email micah@trfauctions.com for registration form.
TERMS SUMMARY
10% deposit due day of sale by cash or good check. 5% buyer's premium. Property sells absolute to the highest bidder. Balance due on or about 30 days. Click on "Terms" tab for full terms and conditions.
CONTACT
Mike Torrence
Torrence, Read, & Forehand Auctions
101 Annjo Ct, Forest, VA 24551
(434) 847-7741 Office
(434) 660-5159 Mobile
mike@trfauctions.com
709 Old Graves Mill Rd, Lynchburg, VA
Auction Site: Homewood Suites, 4021 Wards Rd, Lynchburg, VA
Terms: Property sells "AS-IS" without warranties of any kind. Potential Buyers must perform such independent investigations with respect to the Property as they deem necessary to verify information provided by Auction Company.
Warranty: All information provided by Auction Company is deemed reliable but is not warranted. The information provided by the Auction Company is subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company.
Title: Seller will convey title by Special Warranty Deed free and clear of all liens.
Registration: Bids will be accepted only from registered bidders. On-site registration begins at 11:30AM day of sale. See listing for auction location. You may also pre-register on our website or phone app. Deadline for phone and online bidding registration is 6PM EST on the day prior to the auction. A valid form of identification (i.e. driver's license) may be required to register onsite or online.
Online Bidding: Online bidding is available for your convenience. However, due to the technical nature of online bidding, bidder acknowledges that this service may or may not function correctly the day of the auction. Torrence, Read, & Forehand Auctions will not be responsible for missed bids from any source. Online bidders who desire to make certain their bid is acknowledged should use the prebidding function and leave their maximum bid 24 hours before the auction begins. Winning bidders will be notified by email and/or phone and receive instructions for signing the Contract of Purchase (must be returned within 24 hours) and submitting the Deposit (see below).
Announcements: Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property.
Approval: Property sells absolute to the highest bidder.
Buyer's Premium: A 5% buyer's premium will be added to the high bid to determine the final sales price.
Deposit: Deposit equal to 10% of final contract price (bid price plus buyer's premium) due day of sale by cash or good check. Online bidders may overnight deposit or wire transfer funds so it is received within 2 business days.
Closing: Balance of Purchase Price shall be due at closing on or about 30 days after the sale.
Agency: The auction company and its representatives represent the sellers.
