Name 23300 Hwy 63 N - House & 4 acres - Rye, AR
Auctioneer Orrell Auctions and Real Estate
Type Online-Only Auction
Date(s) 7/4/2021 - 8/3/2021
Bidding is open now! Open House Sunday July 11th and Sunday July 25th from 2pm til 4pm each day.
Preview Date/Time Open House Sunday July 11th and Sunday July 25th from 2pm til 4pm each day. If you need to get your contractors in to inspect on a different day , Call Jimmy Orrell, Auctioneer at 870-723-9116 to make arrangements.
Checkout Date/Time bidding closes August 3rd at Noon
Location 2330 US Hwy 63 N
Warren, AR 71671
Buyer Premium 10% buyer's premium added to final bid
Description
23300 US Hwy 63 North Warren, AR at Rye, about 10 miles north of Warren , just across the highway from the Broken Spoke Store Open House Sunday July 25th 2 til 4 pm Or view by appointment call Jimmy 870-723-9116 Cleveland County Parcel # 02723-00 Woodlawn School District Built in 1994 - 2170 sq ft , 3 bedroom, 2 full bathrooms, crawlspace foundation, oak hardwood wood floors throughout except kitchen, bathrooms and utility room. Paved driveway, chainlink fence with gates, around perimeter of 4 acres. 1 car carport, detached garage with double sliding doors and side sheds all on slab. 3 room building on slab with electric and water with kitchen and walk in cooler used in the past for canning and butchering house. Green house, utility building and smokehouse. 1440 sq ft livestock barn with hay loft, 10 x 12 portable storage building. $40,000 in repairs recently done on the house to repair termite damage to floors and under floors. All floors have been repaired with treated wood, are in good shape, termites eradicated and have termite contract with ESCO. Floors surfaces have not been finished to allow the new owner to choose the color. Same as for floor coverings in kitchen, the tub and walls in the bathroom, buyer may finish to their own taste. New heat pump installed in 2015 Roof replaced in2009 11 yrs old - 20 year shingles Septic tank pumped and inspected in 2018 Sewer line from house to tank replaced in 2010 Walk in cooler last worked in 2018 needs compressor & coil Deep well (little over 300ft) was in use when old house burned in 1994, has not been used since but was very good water Valuation on Cleveland County Courthouse Records Land: 15,450 Improvements: 149,450 Total Value: 164,900 Estimated Taxes: $1,037.30 Homestead Credit: ($375.00) Estimated Taxes w Credit: $662.30 Assessment Year: 2020 Please See and read Terms & Conditions
Auction Terms & Conditions Terms and Conditions: Use of this site is subject to the terms and conditions contained herein. Auctioneer reserves the right to edit the terms and conditions and individual auction pages may contain additional terms and conditions. It is the buyer's responsibility to review the terms and conditions prior to each use of this site. By bidding you acknowledge agreement and acceptance of all terms and conditions of this site and any revisions or changes thereof. Real Estate Auction Bidder Terms Address- 23300 US Hwy 63 N - Warren, AR - Real Estate Auction Terms & Conditions Summary: Property sells free and clear of all liens and encumbrances, subject to Seller confirmation, "as is", by legal description, with no contingencies and no warranties other than good title by Warranty deed & Title Insurance. 5% buyer premium. $5,000 down as non-refundable earnest money on day of auction, balance due at closing in 30 - 45 days. Bidders must be registered at orrellauctions.hibid.com with name, address, valid phone #, & email address. Subject to Sellers' Confirmation: Seller has up to 48 hrs. to accept or reject the final bid. Buyer Premium: A 5% buyer premium will be added to the final bid price to determine the contract price. Purchase Agreement/Contract: At the conclusion of the auction, the successful bidder will sign a purchase agreement in the amount of their bid plus the 5% buyer premium. When accepted and signed by the seller, this agreement becomes the purchase contract. Down Payment/Earnest Money: With purchase agreement, Bidder will submit $5,000 to be deposited and escrowed in Orrell Auctions & Real Estate PLLC Trust Account. Down payment will be credited to buyer at closing or returned to the bidder if Seller rejects bid. Balance of purchase price required in approximately 30-45 days at closing. If you cannot close you will forfeit your down payment/earnest money. Acceptable Currency for down payment: Cash, cashier's check. Or, good personal or company check pre-approved by auctioneer or accompanied by a bank letter guaranteeing payment. Warranties & Contingencies: 1. Property sells "as is" with no warranties from the seller other than good title by Warranty Deed & Title Insurance. Inspections should be conducted before the auction as sale is not contingent on repairs. If you bid, you are agreeing that you are satisfied with Property in its current condition at the price you bid. 2. Financing: Property sells with no contingencies for financing, and no financing is offered by the seller. Financing should be arranged before bidding. If you bid then cannot pay the balance at closing, you will lose your down payment/earnest money. 3. Corners of Property may or may not be marked. If marked, it is for your convenience only. Bidders are responsible for verifying accuracy to their own satisfaction. Survey: Property sells by legal description on current deed and Cleveland County courthouse records. If new survey is desired or required by Buyer, new survey will be at Buyer's expense. Title: Seller will guarantee good title at closing by providing Owner's Title Insurance and a Warranty Deed free of all liens and encumbrances but subject to any easements of record. Closing will be in approximately 30-45 days from auction. Buyer pays 1/2 closing fee, 1/2 Revenue Stamps, deed recording fee and any other expenses generated by Buyer, including, but not limited to, Loan Policy of Title Insurance, hazard insurance premiums, survey, fees of Buyer's attorney and any other fees associated with Buyer's loan, if any. Seller pays 1/2 closing fee, 1/2 Revenue Stamps, Owner's Policy of Title Insurance, deed preparation. Property taxes will be prorated as of the date of closing. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10% buyer's premium added to final bid
Payment Terms
Acceptable payment for the $5000 downpayment/earnest money is cash, cashiers check or personal with bank letter gauranteeing sufficient funds.