PROPERTY LOCATION
Sugar Hill Tunnel Rd
Amherst, VA 24521
Amherst County
AUCTION LOCATION
Live auction held on site.
Online bidding available.
DETAILS
- Important Note for this Property: Owner has so far been unable to obtain an easement to get power to property.
- Ideal for prime hunting tract, weekend retreat, or off-grid living
- Scenic property with mountain views in several directions
- 15 acres of open field at the front ideal for horses, livestock, or hay production
- Entire property fenced
- Gated entrance
- Very private and secure location
- 621’ of road frontage (gravel road)
- Amherst County tax parcel 60-A-8
- Tax assessed at $248,600
- Property is in land use with annual real estate taxes of $257
- Sells ABSOLUTE to the highest bidder!
AGENT ON SITE
- Sunday, Jan.17 from 1-3pm
- Tuesday, Jan.26 from 12-2pm
- Self-guided tours ok anytime.
DIRECTIONS TO PROPERTY
- From Amherst, US-60W 12mi to LEFT on Rt.635. 2mi to RIGHT on Rt.636. 1/2mi to LEFT on Rt.637. 1mi on RIGHT.
- For GIS purposes, property is located near 236 Sugar Hill Tunnel Rd, Amherst, VA
TERMS SUMMARY
- 10% deposit due day of sale by cash or good check. Closing on or about 30 days. 5% buyer's premium. Property sells absolute to the highest bidder. Click on "Terms" tab for full terms and conditions.
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 General Warranty Deed free and clear of all liens.
Registration: Bids will be accepted only from registered bidders. On-site registration begins at 11:30 AM day of sale. 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.
