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 Real Estate Auction
September 13th, 2008
70 Acres - Lodge, 3 Homes, Barns & More

At 12 Noon
Agents on site 10 AM day of sale

4737 Old Vashti Rd (Vashti Community)
Hiddenite NC 28636 (Alexander County)

For Fredrick & Sandra McIlvian, Moving

Auctioneer's Note: The McIlvian's are moving to Hickory, NC to be near their business. This property has been a passion of theirs, however, their business interest have now moved to far away for them to take care of this magnificent property and stay on top of their business obligations. Although this is a reserve Auction, they have set a very inviting minimum value on this property and they are highly motivated. Please make arrangements to investigate the potential this property has to offer you. Open house will be Sunday September 7 @ 2 PM until or you may arrange for an earlier personal tour by calling 336-957-0926.

Directions to Auction: From Interstate 40 (West of Statesville): Take the US Hwy 64 West Exit. Drive approx. 14 miles to the Hiddenite turn off and turn right onto Old Mountain Rd and drive across Old Hwy 90 and continue North on Sulphur Springs Rd approx. 5 miles to Vashti Rd on the left. Turn onto Vashti Rd and drive 2 1/2 miles to Old Vashti Rd and turn right. Property is located 1/4 mile on the right. From I-40 (East of  Hickory): At the Newton/Conover Exit take NC Hwy 16 North through Taylorsville some 4 miles to Vashti Road and turn Right (east). Drive on Vashti Rd approx. 1 mile and continue left on Vashti Rd for approx. 3 miles to Old Vashti Rd on Left. Take Old Vashti Rd to Sale Site. Watch for signs!! If you get lost, call 336-957-0926!!

   

 Super fantastic Estate property consisting of 70+ acres of great laying grassland in the midst of one of North Carolina's most scenic rural areas, surrounded by the beauty of the magnificent Brushy Mountains. The farm property will be subdivided into 6 tracts ranging in size from 1/2-37 1/4acres (approx.). All properties have super views, excellent access and most have running streams.

OPEN HOUSE Sunday September 7th from 2pm until ?

Click Here for Map & 125+ Color Pictures

Call ASAP for information packets and appointments to see 336-957-0926 or 336-667-9265. Ask for W. Randall Woodruff, Broker

PROPERTY DESCRIPTION

 Tract #1   9.93 Acres - The Lodge Tract - The structure of some 7,500+/- square feet has the potential to be used as a Bed and Breakfast, Training Lodge, Conference Retreat, Church Camp, Winery or just for a large family group! There are 10 bedrooms, 12 bathrooms (including handicapped accessible) commercial sized kitchen and dining facilities, dens and setting rooms, a grand hall for meetings, movies, ect and porch patio areas for lounging around. This structure is approximately 70-75% complete with wiring, plumbing, heating and air conditioning in place and the vast majority of materials and fixtures are on site to complete the lodge. All building and septic permits are in place and all county inspections due, to date, have been satisfactorily completed.

The Lodge Tract also contains a caretakers residence of 2 bedrooms, two baths, kitchen-dining-living combination with a fireplace, laundry area and a nice patio - pictures of these structures are self explanatory!

The 9.93 acres of open grass land lies around and to the rear of Lodge and offers plenty of ground for future expansion!

 Tract #2  12.30 Acres - Super potential for small farm. This tract is 90% open grassland with a spring and nice hay/equipment shed and over 300 of paved road frontage. There is a super building site on level ridge with great view!

 Tract #3   9.59 Acres - is the best laying of the property and is 100% open grassland with a super level ridge that offers exceptional views and has 146+ feet of road frontage.

 Tract #4  The farm tract of  37.27 acres - This tract is easily accessible from the black top road via a short 45 foot wide access easement/road and offers 30+ acres of open grass and bottom land. There is a two acre well stocked fish lake and a small catfish pond on this tract. There is a super nice high and long ridge that offers exceptional building potential with great views! There is also a brand new work shop/equipment shed with 200 amp electrical service. The equipment shed contains approx. 2000 square feet and the workshop area is approximately 1500 square feet.

Tract #5   Main residence on a 57/100 acre lot - Consists of some 1800 square feet and features 2 bedrooms (master suite is huge and has it's own sun porch), 2 large bathrooms, cabinet and appliance loaded kitchen, dining area, and large den/living rooms with a gas log fireplace.  Home also features nice deck and double garage. Well built and beautifully appointed!

 Tract #6   Rent House on a 8/10 acre lot - Consists of some 1400 square feet and features 2 or 3 bedrooms, 2 full baths, cabinet loaded kitchen, large living area, rear deck, and double carport. Extra large lot also offers a storage building!

Ladies and Gentlemen this is one super offering of exceptional Real Estate by highly motivated sellers and the reserve values are quite reasonable! You won't find any place where the dedication to quality and detail is surpassed. Call now for your personal tour!!

Each property will be offered individually, then recombinations of tracts will be allowed that are advantageous to the sell of the property. All recombinations must be accompanied by a minimum of a 5% bump in the bid values.

We will be also selling several pieces of farm equipment including a 2005 Kabota M4800 4 wheel drive tractor with less than 125 hours. Farm equipment from this farm plus other consignment pieces from friends, relatives, and neighbors will be making its way to this auction prior to sale day. Please continue to check back for additional listings.

SELLER'S NARRATIVE

Slightly rolling 70 Acres with 360 degree mountain views. 1914 farmhouse with addition. Complete foundation dug out and repoured/relayed, etc with 10 mil plastic on ground and floor insulated to R19. Two layers of siding stripped off and all lap siding reinstalled by hand. Housewrap then fan fold on old part. 30 lb. felt on entire building and 30 dimensional roofing. Addition framed with 2 x 6 walls. Building designed and permitted for private lodge with up to 10 bedrooms, all on site, including handicap suite on main floor, 12 bathrooms, 5 heat pumps plus radiant floor heat in the assembly/meeting room. New free heat machine (wood burning) to provide heat and hot water to up to 12,000 sq ft. New gas logs included for 2 fireplaces
Guardian back up generator and 400 amp electric service
Plumbing and heating roughed in and approved
All baths plumbed so they can be individually shut off for maintenance
Approximately 33% of wiring complete with 50% of materials provided to finish the inside of the building
Outside is totally finished
City water is currently being run and will be available a short distance away in the very near future
Two new septic systems installed (with approval for 3rd site if needed)
The farm has been maintained as an organic horse hay farm with no use of pesticides or chemical fertilizers, yielding 3000 to 4000 bales per year
Soil testing has been done and shown excellent for the growing of grapes and this property could easily become a beautiful winery
14x24 garden shed

 Included with the property is:
Caretakers Cottage: totally remodeled single wide with new windows, doors, roof, heat pump and plumbing on a 1/2 acre lot

 Materials provided towards completion of Lodge dwelling:

            100 sq ft hardwood flooring

            (28) 6 panel interior doors

            3 compartment stainless steel sink

            6' stainless steel range hood

            Plumbing fixtures currently stored in caretakers cottage beside lodge

            Janitor sink and faucet

              Electrical Supplies: Wire, boxes, and misc. lights including 9 sconces

            Four robe hooks

            Foundation stone

            Two gas logs and remotes

            1 backup generator

            5 heatpumps: (1) 5T, (1) 4T, (1) 3T and (2) 21/2T

            Free heat machine with hardware to install (wood fired boiler behind lodge)

            All firewood in garden shed

            One box beadboard siding for porch ceiling

            One box external vinyl siding

            New 1hp pump for spring

  Additional Property Information

 Main Residence: all new in side and out. This remodeled ranch offers 2 bedrooms, 2 baths, 2 fireplaces, sun room, range, refrigerator, dishwasher and 2 car garage

 Rent House: totally remodeled 3 bedroom, 2 bath, .80 acre with new windows, doors, roof, kitchen, range, refrigerator, dishwasher, propane fireplace and 2 car carport

 Workshop/equipment shed 30x88 with (4) 12x30 stalls for equipment storage on lower level and a upper level workshop (with ground level entry) and underground electric (200 amp) service

 3 year old 40x98 barn for hay and/or animals

All property has current insured titles (transferable @ lower rates)

 

PERSONAL PROPERTY LISTING

2005 Kabota M4800 4 wheel drive, 105 hrs, loader, remote hydraulics and canopy (with reserve)

1970 Massey Ferguson 135 diesel remote hydraulics, 2400 hrs, power steering, excellent condition

135 Massey Ferguson Two Wheel Drive Tractor

1963 Cadillac Coup Deville, Original Equipment, Excellent Condition (with reserve)

1995 Chevy C3500 Dually Service Truck wt Tommy Lift (with reserve)

2006 Husqvarna 27hp 48" Cut Riding Mower wt Bagging System

Gravely Ride Behind 60" Lawn Mower

Sears Craftsman 19hp 42" Cut Riding Mower

Home Comfort Wood Cook Stove

Shop Vac

Apartment Fridge

Natural Gas Hot Water Heater

Siegler Oil Circulator Heater

 

2 bottom plow

5' Rhino bush hog super heavy duty

David Bradley 14' hay trailer with 4 new tires and tubes

Commercial table saw with jigs and all attachments

Delta plane and stand with extra knives

Porter cable biscuit jointer, case and biscuits

60" Gravely commercial zero turn mower, excellent condition

Wheel horse riding mower 36" cut, excellent condition

7000 pound tandem axle trailer with ramps, excellent condition

2 new 4' Koehler shower stalls with tops

New Boesch tankless propane water heater

2 new GE ranges in box (white)

Miscellaneous hand, lawn, and garden tools

Various pieces of furniture and household items

Several additional items are being consigned by friends, neighbors and relatives - so check back later for additions!

 


 

Real Estate Terms and Conditions

1. The Real Estate sells strictly "AS IS, WITH ALL FAULTS". No warranties are given or implied. No improvements/repairs will be made by the owners/sellers. All information is believed to be correct but is not guaranteed. Prospective purchasers are required to have all necessary/desired property inspections that constitute a condition of sale completed prior to the auction. It is the purchasers responsibility to conduct his/her own due diligence, and must understand he/she is buying the property entirely upon his/her own examination and opinion. The information contained herein has been obtained from sources deemed reliable and although every precaution has been taken to insure its accuracy neither the seller or the Great State Auction Company nor any of their agents will be responsible for any errors or omissions contained herein. All square footages are approximate. Insurable Title will be delivered by NC General Warranty Deed.

2. The successful Bidder will be required to sign all necessary documents which may include: Offer to Purchase Sales Contract, Residential Property Disclosure Statement, Lead Based Paint Addendum, Terms and Condition Memorandum, Bidder Certification Statement and an Agency Disclosure Statement.

3. A deposit of ten percent (10%) of the successful bid will be required at time of sale. Balance of PURCHASE PRICE is due upon transfer of title, approximately 30 days. Your down payment is non-refundable unless the Seller cannot pass a clear insurable title. Your down payment must be in the form of CASH, CASHIER'S CHECK, MONEY ORDER or an APPROVED PERSONAL CHECK (if you have sufficient identification such as a valid Drivers License and Social Security Card, etc.) Check to be made payable to Attorney Mark Davis of Taylorsville as Trustee. Absolutely NO Second Party Checks accepted. Buyer's inability to secure a loan for the balance of the sales proceeds is not an excuse to void the sale/purchase.

"REAL ESTATE SALES WITH RESERVE"
ANY ANNOUNCEMENT MADE DAY OF SALE SUPERSEDES ANY PRINTED MATERIAL

***5% BUYER'S PREMIUM WILL BE CHARGED ON REAL ESTATE.***

REAL ESTATE BROKERED BY (As Agent of the Seller)
W. RANDALL WOODRUFF, NCREBL#33312, 104 E. MAIN ST, WILKESBORO, NC 28697
*** Any buyer's agents fees are the sole responsibility of the buyer ***


 

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