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Probation Level 1 Bidding

This Seller has instituted a Bidder Probation Restriction on this auction. To have this restriction removed, a $1,000 refundable deposit in the form of a Certified Cashier's Check or U.S. Postal Money Order must be mailed to GovDeals, Inc., 100 Capitol Commerce Boulevard, Suite 110, Montgomery, AL 36117. Once 60 days have passed GovDeals will return this bid deposit.

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Bid History for 656 Smith Street
Auction Start Date: 03/04/19 8:35 AM ET
Auction End Date: 03/29/19 8:25 AM ET
Asset ID: 437   Number of Bids: 0

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656 Smith Street

656 Smith Street 656 Smith Street 656 Smith Street 656 Smith Street 656 Smith Street  More media
Auction Ends: 3/29/19 8:25 AM ET
Remaining: 10 Days 20 Hrs
This item is subject to an auto
extension of the auction end time.
Refresh Bid & Time
Buyer's Premium: 12.50%
Starting Bid: $9,165.71
Bid Increment: $1.00
Minimum Bid: $9,165.71
Terms and Conditions

1,140 visitors
Condition Category
Used/See Description Real Estate
Real Estate - Vacant Lot Located: 656 Smith Street, Kannapolis, North Carolina, 28083; Parcel ID 04 036 0046.00 PIN# 5613968632. Zoned: RV - Residential Village

For more detailed information please visit: http://gis.cabarruscounty.us/gisdataexplorer/

Please note that the property aerials displayed in this advertisement are generated from Cabarrus County GIS. Please note the disclaimer below that appears on the Cabarrus County GIS website. DISCLAIMER: Cabarrus County shall not be held liable for any errors in the data represented on this record. This includes errors of omission, commission, concerning the content of the data, and relative positional accuracy of the data. The data cannot be construed to be a legal document. Primary sources from which this data was compiled must be consulted for verification of information represented on this map document.

The Cabarrus County GIS website generated aerials should not be used as an exact location of property lines. To determine exact property lines surveying services would be required by the buyer or potential buyer.

If potential buyer wishes to verify property lines the seller suggests a survey. Survey will be at cost to potential buyer.

ALL SALES ARE FINAL.

Auctions are for deed sales on properties obtained through tax foreclosure process - the opening bid reflects the amount of tax lien against the property and is the minimum the County can accept for this property. These are "No Reserve" auctions, so the high bidder will be the winner; minimum bid must be met. The potential buyer is strongly advised to do due diligence in researching values for their own investment requirements, as no value is offered or guaranteed on these properties.

Seller InformationSeller Information
view other auctions from Cabarrus County, NC
Seller Name: Cabarrus County, NC  [view seller's other assets]
Asset Contact: (Phone: 704-305-9723)
Asset Location: 656 Smith St
Kannapolis, North Carolina 28083-4575
Map to this location
InspectionInspection
Lots are available for viewing by appointment only at the address listed above. Any questions please contact Kyle Bilafer, 704-305-9723 between 9:00am and 4:00pm, or by email kdbilafer@cabarruscounty.us.

PaymentPayment
Wire Transfer PayPal VisaMasterCard DiscoverAmerican Express
Payment methods for this item are Wire Transfer, PayPal, or credit cards (Visa, Mastercard, American Express*, Discover) only. * American Express is not available for buyers on probation. PayPal and credit card purchases are limited to below $5,000.00 and Bidders residing in the United States, Canada and Mexico Only. If the winning bid plus applicable taxes, if any indicated, plus the buyer's premium equals to $5,000.00 or more, Wire Transfer must be used. If Wire Transfer is chosen, a Wire Transfer Transaction Summary page will provide payment and account information. The Wire Transfer must be completed within 5 days unless otherwise specified below.

Payment must be made electronically through the GovDeals Website. NO CASH, CHECKS, OR MONEY ORDERS WILL BE ACCEPTED! Payment: Payment in full is due not later than 5 business days from the time and date of the Buyers Certificate.

RemovalRemoval
REMOVAL: Removal is by Appointment Only and all items must be removed within ten (10) business days from the time and date of issuance of the Buyer’s Certificate. Appointments must be made at least 24 hours in advance. Buyers must supply accurate contact information - as they will be contacted regarding pickup or prepaid shipping of item(s). Every effort will be made to accommodate the Buyer and limit inconvenience. The Buyer will make all arrangements and perform all work necessary, including packing, loading and transportation of the property. Successful bidders are responsible for loading and removal and any and all property awarded to them from the place where the property is located as indicated on the website and in the Buyer’s Certificate. A daily storage fee of $10.00 may be charged for any item not removed within the 10 business days allowed and stated on the Buyer’s Certificate. Property may be removed between the hours of 9:00a.m. and 4:00p.m. EST, Tuesday through Thursday, excluding legal holidays. Contact Kyle Bilafer @ kdbilafer@cabarruscounty.us or 704-305-9723 between 9:00 am and 4:00 pm for additional information.

MediaMedia
656 Smith Street 656 Smith Street
Special InstructionsSpecial Instructions
NOTICE: If you are the winning bidder and default by failing to adhere to this sellers terms and conditions your account with GovDeals WILL BE LOCKED.

PAYMENT MUST BE MADE ONLINE-- To make online payment, Log into your GovDeals account and select “My Bids”. Please follow the instructions there.

Guaranty Waiver. All property is offered for sale “AS IS, WHERE IS.” (Seller) makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the property offered for sale.

Description Warranty. Seller warrants to the Buyer that the property offered for sale will conform to its description. Any claim for misdescription must be made prior to removal of the property. If Seller confirms that the property does not conform to the description, Seller will keep the property and refund any money paid. The liability of the seller shall not exceed the actual purchase price of the property. Please note that upon removal of the property, all sales are FINAL.

PAYMENT: Payment in full is due not later than five (5) business days from the time and date of the Buyers Certificate. Payment must be made electronically through the GovDeals Website.

REMOVAL: If necessary, removal is by Appointment Only and all items must be removed within ten (10) business days from the time and date of issuance of the Buyer’s Certificate. Appointments must be at least 24 hours in advance. Purchases will be released only upon receipt of payment as specified. Successful bidders are responsible for loading and removal and any and all property awarded to them from the place where the property is located as indicated on the website and in the Buyer’s Certificate. A daily storage fee of $10.00 may be charged for any item not removed within the 10 business days allowed and stated on the Buyer’s Certificate.

Contact Kyle Bilafer@ kdbilafer@cabarruscounty.us or 704-305-9723 for additional information.

Questions and AnswersQuestions and Answers
Q: What’s the lot size (9/19/18 2:04 PM)
A: On GIS (please feel free to visit at https://gis.cabarruscounty.us/gisdataexplorer/) I came up with 0.22 acres or 9,449 square feet however that is using the GIS measuring tool which has a degree of error due to the aerials that are used in GIS. the property card gives dimensions of 50 x 171 which would be 8,550 square feet or 0.196 acres. It is listed at a standard lot size. For exact dimensions you would need to survey the property . I think an saying it is a 0.20 acre lot is safe based on the listing measurements and the GIS measurements. (9/20/18 8:56 AM)

Q: why not do a real auction? the appraised value is $700 but you have started the bids at$12,200. Almost double the the Value. (10/13/18 7:48 PM)
A: Auctions are for deed sales on properties obtained through tax foreclosure process - the opening bid reflects the amount of tax lien against the property and is the minimum the County can accept for this property. This is a County ordinance, we are unable to proceed with surplus of this asset without following this process or accepting an upset bid offer prior to the property being advertised and being approved by the Board of Commissioners. (10/14/18 11:13 AM)

Q: Hello, May I ask why this is being listed again. The taxes are way more than the property is worth. (11/9/18 9:11 PM)
A: The property is listed for sale until sold or another use of the property is realized. (11/10/18 10:12 AM)

Quick Asset Lookup (QAL) #: 926-437


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