4 BR/4 BA Custom Home on 2.3 +/- Acres in Ivy Farms Only Minutes From UVA & Downtown Charlottesville

4 BR/4 BA Custom Home on 2.3 +/- Acres in Ivy Farms Only Minutes From UVA & Downtown Charlottesville--ONLINE ONLY BIDDING!!

Beautiful move-in ready 4 BR/4 BA home on 2.38 +/- acres in Ivy Farm -- Large detached garage/shop -- Only minutes from UVA & downtown BID NOW!!  Online Only Bidding!!  Bidding Begins Closing Monday, May 18 @ 1:00pm!!  This property will SELL at or above $450,000!!
  •   Apr 27 @ 4:00PM EDT (Start)
  •   May 18 @ 1:00PM EDT (End)
  •   Add to Calendar

Due to the COVID-19 restrictions and our desire to be responsible, This Property Will Now be Offered via ONLINE ONLY AUCTION.  Please bid early and often and understand that bidding begins to close on Monday, May 18, 2020 @ 1:00pm (Eastern).

BID NOW!!

Having purchased a new home, the sellers have entrusted us to market and sell this well built move-in ready Charlottesville home.  The quality of the home speaks for itself, but the location may even be better!!  Take advantage of this rare opportunity, because it sells at only $450,000 or above!!

Property Tour:  Monday, May 11 @ 6:00pm SHARP.  Please contact Tony Wilson for more information (540-748-1359).

Need to get a mortgage for this property??  Click on the "Financing" link above, Click HERE to apply online or contact Tony Wilson for more information (540-748-1359)

  • 4 BR/4 BA brick home on 2.38 +/- acre lot in Ivy Farm
  • This home measures 5,404 +/- gross sf. (2,424 +/- sf. above grade & 2,342 +/- sf. basement) and features an eat-in kitchen w/granite countertops (all appliances convey), dining room, living room w/fireplace, family room w/fireplace, sun room, walk-out basement (1,608 +/- finished sf. & 734 +/- unfinished sf.), attic w/stairway access & ample storage, laundry room (washer/dryer convey), upper & lower level attached garage (4 bays total)
  • Fireplace in the master suite
  • Hardwood flooring & luxury laminate on main level and carpet on upper level
  • Enclosed porch; asphalt driveway; back yard is fenced
  • Heating:  2 heat pumps (zoned); Cooling:  Central AC
  • Well & septic; electric water heater; 2 above ground seller owned propane tanks
  • Detached garage/shop with 2 doors, 3 bays & attic storage.  Ideal for home based business or hobbyist/enthusiast
  • Other features:  whole house generator, central vacuum system, BBQ area private serene location & more!!
  • This desirable property boasts an excellent location only 3.5 miles from University of Virginia and 5 miles from UVA Health System University Hospital & downtown Charlottesville.
  • Tax Map:  04400-00-00-09900; Deed Book:  4639-386; Zoning:  RA; Yearly Albemarle County real estate taxes:  $5,415.21; Home was built in 1977; Internet:  Comcast; Electricity:  Dominion Power;  WE GUARANTEE A FREE & CLEAR DEED
  • This Home will SELL at or above $450,000!!

Professional Exterior & Interior Photos Coming Soon!!

Please contact Tony Wilson with any questions concerning pre-auction bids (540-748-1359)

FOR REALTORS:  if you have been working with a Realtor, please have them complete the Realtor Representation form.  In order for the real estate agent to be compensated, forms must be completed and submitted no later than 5 pm on 5/17/20, and all terms adhered to.

Terms and Conditions

TERMS & CONDITIONS:  Thank you for your interest in this property. Contact Tony Wilson if you need additional information (540-748-1359).


Overview:  This online auction is a cash sale not contingent on or subject to financing, appraisal, survey, study period or inspections of any kind, as agreed to by bidders at registration prior to bidding, and specified in the Real Estate Contract of Purchase. Property is sold in as-is condition with no warranties or guarantees of any kind.
Per the contract, “TIME IS OF THE ESSENCE,” and you should proceed to closing immediately. You must close the transaction on or before 30-45 days from close of online auction and seller confirmation.If your closing is delayed for any reason, by you, as purchaser, or other parties working on your behalf, including any lender you involve – you may be declared in breach of the contract, forfeit all deposits made, and could be additionally liable for any and all court costs, any price difference in a subsequent resale of the property, and all future auction costs incurred by the seller and Nicholls Auction Marketing Group, Inc. (Due to the current COVID-19 circumstances, we understand that the closing period may need to be extended.  We are happy and willing to work within these new circumstances).  The purchaser will pay for all of their closing costs associated with the transaction.
Bid with confidence, but please do not delay your closing!


Earnest Money Deposit:  At the close of the auction, and seller confirmation, the successful bidder will be emailed the contract package to execute and return to Nicholls Auction Marketing Group, Inc. The successful bidder will deposit $20,000 in the form of cashier’s 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 for Sale of Real Property:  This property is offered under the specific terms provided in the contract. The Real Estate Contract of Purchase is available at www.nichollsauction.com in the property information packet package located from within the “DOCUMENTS” section. Please read and review the contract thoroughly prior to bidding on any property. If you have not read and reviewed the Contract for Sale of Real Property, Do Not Bid!!  Contract Packages will be sent by e-mail to the high bidder, who must execute and email 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 $20,000 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


Buyer’s Premium: A 10% buyer’s premium will be added to the final bid price to determine the total contract price. 10% Buyer’s Premium Example: Bid Price: $100,000 Plus 10% Buyer’s Premium: $10,000 Total Contract Price: $110,000.


Bidder Registration & Verification:  The identity of all bidders will be verified, 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.  Nicholls Auction Marketing Group, Inc. has the sole authority to resolve any bidding disputes as they may arise.  For verification purposes, a credit card is required in order to register for this auction.  Upon registering, an authorization charge of $1,000.00 will be charged against the credit card used for registration (your card will only be “Pinged” and not charged).  This authorization is not a permanent charge placed on your card, it is only a pre-authorization used to verify identity of our bidders and the availability of funds on the credit card used for registration.  Please be advised that Nicholls Auction Marketing Group, Inc. has no control over the length of time the verification charge remains on your card, that is at the sole discretion of your credit card company.  Also, please be aware that registering for multiple auctions could incur multiple verification charges; and in some instances, multiple verification charges may result in a fraud alert being sent to the card holder.  Nicholls Auction Marketing Group, Inc. reserves the right to reject or accept bidder registrations at its sole discretion. 


Bidding:  The auction software and our online bidding platform will notify bidders by email if they have been outbid.  Please consider using the “Max Bid” feature as this will allow the software to bid on your behalf up to, but not exceeding, your Max Bid.  If two or more bidders put in the same Max Bid, the auction software will recognize the earliest placed bid.
The real estate is offered for sale to all persons without regard to race, color, religion, sex, handicap, familial status or national origin.  


Auction Ending:  The online bidding will begin to close on Monday, May 18, 2020 @ 1pm (Eastern Time).  The Auction is scheduled to end at the published end time, subject to auto-extend bidding.  Each time a bid is placed with the clock showing less than 3 minutes, the clock will reset to 3 minutes.  If there are no bids within 3 minutes, the auction will end.  This procedure prohibits any last second “sniping'"from taking place and making it fair for everyone.  In the event the auto-extend time needs to be reduced, Nicholls Auction Marketing Group Inc. reserves the right to adjust the auto-extend, as needed.


Agency Disclosure: In all transactions, the auctioneer is acting as agent for the seller, not as buyer’s agent. Nicholls Auction Marketing Group, Inc. reserves the right to remove or cancel the bids and or bidding rights and privileges of any party, deemed not to be in the best interest of the seller, at any time. At auctions with reserve, the seller and/or auctioneer reserves the right to bid.


Realtor Representation: Pre-approved (no later than 5 pm (Eastern) 5/17/2020) realtor representation is compensated. Real estate agent must fill out and submit realtor representation form by time stated above and adhere to all rules in order to be compensated.


Disclaimer: All information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being furnished to bidders for the bidder’s convenience and it is the responsibility of the bidder to determine that information contained herein is accurate and complete.  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 change the bid closing deadline.  Please contact Bid Wrangler @ 844-296-8727 if you need assistance with the online bidding platform.

TERMS:  $20,000 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 10/16/19) 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. 

ADDITIONAL TERMS for THOSE PLANNING TO BID LIVE ONLINE
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.