ABSOLUTE TRUSTEE AUCTION - 1,544' HOUSE APPOX. 5 ACRES - MARTINSVILLE, VA

ABSOLUTE TRUSTEE AUCTION - 1,544' HOUSE APPOX. 5 ACRES - MARTINSVILLE, VA

Absolute Trustee Auction:  A 1,544' house on approximately 5 acres, 3 bedrooms and 2 baths. PREVIEW DATES:  Drive by inspections only. SALES MANAGER:  Pete Ramsey - 434-258-6611 - pete@countsauction.com
LIVE AUCTION - OFF SITE - ABSOLUTE TRUSTEE AUCTION
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Details

AUCTION DATE:  Friday, August 8, 2025 @ 12:00 noon

PROPERTY LOCATION:  210 Falcon Rd., Martinsville, VA 24112

County:  Pittsylvania County

LOCATION OF AUCTION: 

Off-site bidding location:  Henry Co., VA Circuit Courthouse, 3160 Kings Mountain Rd., Martinsville, VA 24112

PREVIEW DATES:  No previews scheduled, drive by inspections only.  Contact the sales manager for more information.

SALES MANAGER:  Pete Ramsey - 434-258-6611 - pete@countsauction.com

Property Overview:

What's selling:  

A 1,544’ house on approximately 5 acres, 3 bedrooms and 2 baths with a 380’ deck on the back of the house. Also included are a 3 car garage (1,200’) and an above ground swimming pool. There is an unfinished basement. The house was built in 1990 and is served by public water and sewer. There is fire damage in a portion of the house. It appears the damage has been partially renovated.

There is an option to purchase Henry Co. tax map #45.4(015)000/012. The deed for this purchase must be recorded no later than November 18, 2025. If the deed is not recorded by that date, the option to purchase agreement becomes null and void. If the option is exercised, the house, garage, and above ground pool will sit on approximately 0.6 acres.

Tax Assessment:  $89,300.00

Directions:

From Rt. 58 east of Chatmoss, turn left onto Stoney Mountain Rd. and go 0.8 miles to Falcon Rd. Turn right onto Falcon Rd. and go 0.2 miles. The house is on the right.

 

Buyer's Premium:  10%

Terms: A $7,500 deposit in certified funds is due on sale day with the balance due at closing in 30 days.  Full terms listed below.

Terms and Conditions

Terms and Conditions

Terms & Conditions: 
A 10% buyer's premium will be added to the final high bid to determine contract price. A deposit of $7,500 in certified funds is due on sale day with the balance due in 30 days from sale date.  The high bidder will be required to sign a contract the day of the sale and pay the deposit.  NOTE:  By bidding at this sale, the Buyer hereby acknowledges receipt of and agrees to all these Terms and Conditions.  

Due Diligence:  Any reliance on the content of information provided shall be solely at the recipient's risk.  All information is believed to be correct but is not guaranteed.  Bidders must conduct and rely solely upon their own due diligence.  The property is being sold "AS-IS" with all faults.

Controlling Law:
The respective rights and obligations of the parties with respect to the Conditions of Sale and the conduct of the sale shall be governed and interpreted by the laws of the Commonwealth of Virginia. By making an offer at the sale, whether present in person or by agent, written offer, telephone, online or other means, the participant shall be deemed to have consented to the jurisdiction of the state and federal courts of the Commonwealth of Virginia.

Acceptance of the terms is acknowledged by placing a bid.