2 BR/1.5 BA Home on .39 +/- Acre Lot in the Town of Luray, VA--SELLS to the HIGHEST BIDDER via ONLINE ONLY BIDDING!!

2 BR/1.5 BA Home on .39 +/- Acre Lot in the Town of Luray, VA--SELLS to the HIGHEST BIDDER via ONLINE ONLY BIDDING!!

2 BR/1.5 BA home on .39 +/- acre town lot in the heart of Luray, VA -- Commercial potential & walking distance to retail, commercial, places of worship & more!! BID NOW!!  Online Only Bidding!!  Bidding Closes on Tuesday, November 19 @ 2pm--SELLING to the HIGHEST BIDDER!!  
  •   Oct 16 @ 12:00AM EDT (Start)
  •   Nov 19 @ 2:00PM EST (End)
  •   Add to Calendar

This property is located on Main Street in the Town of Luray, VA.  The home is in need of renovation; however, it is partially zoned B1 and partially R3, so the potential is there for business use.  Of course, you can put in some TLC and also make it your primary residence or investment property.  Opportunity abounds to BUY at the Price You Bid!!

This Property Will be Offered via ONLINE ONLY AUCTION.  Please bid early and often and understand that bidding begins to close on Tuesday, November 19, 2019 @ 2:00pm (Eastern).


Property Tour:  Tuesday, November 5 @ 4:00pm SHARP.  Please contact Josh Puffenbarger (540-421-5007) for more information or a private preview.

  • 2 BR/1.5 BA home on .39 +/- acre town lot (1,936 +/- sf.)
  • Large eat-in kitchen (range & dishwasher convey); potential living w/fireplace; attic; crawl space
  • Full length front porch; rear concrete patio
  • Large gravel parking lot & off street parking; new shingle roof
  • Electric baseboard heat & 2 fireplaces; window unit AC
  • Public water & sewer; electric water heater
  • Great location within walking distance to everything in downtown Luray, and only 14 miles to I-81
  • Tax Map:  42A11-A-64; Deed Book:  498-348; Zoning:  B1 & R3; Yearly County real estate taxes:  $1,234.44; Home was built in 1918 & is vinyl sided
  • Only $25,000 Suggested Starting Bid!!

TERMS:  $5,000 deposit is due immediately after confirmation of final bid and the balance due at closing within 30-45 days (unless prior written arrangements have been made by contacting Tony Wilson 540-748-1359 or tony@wilsonauctionco.com). Deposit must be in the form of a cashier's check or certified check (from a US bank) made payable to yourself. A 10% buyer's premium will be added to the final bid, and will become a part of the purchase price. Property sold in as-is condition, and is not contingent upon buyer's financing, condition of property, appraisal, inspection, etc.  Pre-approved (no later than 5 pm on 4/16/19) broker participation is compensated. Auctioneer's Note: All information and dimensions were derived from sources believed to be correct, but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property. All auction day announcements take precedence over any previously printed material or any other oral statements made.

We are happy to offer online/simulcast bidding for bidders who cannot physically attend the live auction event. Please understand and agree that online bidding will only be allowed if the buyer is physically NOT on site at the live auction. Online bidding will NOT be allowed if you are physically in attendance at the live auction event. 

In addition to the above terms and conditions, Please read below if you are participating and registered for LIVE ONLINE SIMULCAST BIDDNG

Contact the auction coordinator (his or her name and contact number is on the NichollsAuction.com site under the auction you are bidding on) immediately if you need additional information.
Bidder Verification: The identity of all bidders will be and must be verified (via phone, email or text).  Bidding rights are provisional, and if complete verification is not possible, Nicholls Auction Marketing Group, Inc. will reject the registration, and bidding activity will be terminated.
At the close of the auction, and seller confirmation, the successful bidder will be emailed or given the contract package to execute and return to Nicholls Auction Marketing Group, Inc. The successful bidder’s earnest money deposit must be in the form of cashier’s or certified check (United States Bank) or wire transfer to Nicholls Auction Marketing Group, Inc. The entirety of the remaining balance is due at closing. Purchaser shall be responsible for all wire transfer fees.
Contract Packages will be sent by e-mail or hand delivered to the high bidder, who must execute and hand deliver, email, fax or overnight mail back to Nicholls Auction Marketing Group, Inc., within 24 hours of receipt. If the successful bidder does not execute and return their contract with earnest money deposit within 24 hours of receipt they will be considered in default and subject to legal action. This is a legal binding contract.
In the event a winning bidder fails to submit the signed ’Contract for Sale of Real Property’ and deposit earnest money as provided in the pre-stipulated Auction Terms, the winning bidder will be charged an administrative fee of $10,000.00 on the credit card provided at auction registration. Additional default remedies are reserved by Nicholls Auction Marketing Group, Inc., and the Seller as provided in the Auction Terms & Conditions and the ‘Contract of Purchase’. All administrative fees are non refundable.
Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold ’AS IS’ with any and all faults. Please review all information supplied, and seek appropriate assistance prior to bidding.
Technical Issues: Neither the company providing the software nor the auction company shall be held responsible for a missed bid or the failure of the software to function properly for any reason.  In the unfortunate event of a DDOS attack or server attack/shut down, the auction company reserves the right, but is not required, to extend bidding time.  To minimize the chance of being affected by internet or software issues, please use the “Max Bid” feature.  Please contact Tim Peters/Bid Wrangler @ 844-296-8727 if you need assistance with the online bidding platform.