Past Auction Details - Carolina Auction & Realty

Past Auction Details

Residential Rental Property

102 W Spring Street, Lucama,  NC 27851
Contact Information
Tom Jordan
Phone: 919.832.8005
Auction Type

Live Auction

Auction Schedule
Auction Dates

Start Date: Oct 08, 2016

Auction Description

1150 Sq. Ft. House on .17 acre lot. Aluminum siding - 4 Bedroom, 1 Bath, Kitchen, Den, 1 Car Garage, & Shed. Flooring is Laminate & Carpet. Heat Gas Pack & Central A/C.

Tax Value $46,000.


Ready to move in day one.

8 Miles to Wilson, NC 

Phone Bidding Welcome!

Terms & Conditions

Real estate property   located at 102 W Spring Street Lucama, NC  is being offered for sale AS IS WHERE IS, subject to all property lines, zoning restrictions, streets or roads, right-of-way, easements, accesses, ingresses and egresses to and from subject property as recorded in the county tax office, register of deeds and/or surveyors maps, and hereby being said property as described in seller’s deed.


Seller WILL NOT  be required to make any changes, deletions, and/or additions to add to or take away from the value of the property.


The property is selling to the highest bidder.



The successful bidder must sign all documents and contracts immediately upon conclusion of the auction. The successful bidder will make a down payment of $5,000.00.  Balance due within 30 days upon delivery of deed.


In the event you are the highest bidder and your bid is accepted, it is your responsibility to know if you can or cannot obtain a loan if a loan is necessary. If you fail to complete the purchase of the property, you then FORFEIT the down payment. There are no contingencies. Buyer is guaranteed clear and marketable title or the TOTAL down payment shall be refunded.


Property taxes for 2016 shall be prorated to the day of closing.


A buyer’s premium of ten percent (10%) shall be added to the successful bidder’s high bid and included in the total purchase price to be paid by the successful bidder.


Under TitleX, the purchaser of a single-family residence built prior to 1978 has a maximum of 10 days to conduct a risk assessment or inspection of the property for presence of lead-based paint and/or lead-based paint hazards beginning 15 days prior to the auction.



Any additional terms or conditions of sale, added by Auctioneer, shall be announced prior to auction and will take precedence over previously written material.


“North Carolina Auctioneer, Real Estate Broker & Certified Appraiser”