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Special Commissioner’s Land and Timber Auction: 511.35± Acres

Real Estate Auction

Russell O. Slayton, Jr., Special Commissioner

511.35 Acres
Offered in 3 Land Tracts, 3 Timber Tracts and in Any Combination Tax Map # 35-A-74

Poor House Farm contains 511.35± contiguous acres in Charlotte County, Virginia and is zoned General Agricultural. The tract is in a beautiful rural setting and has approximately 20 percent open land with the balance being wooded. At the farm entrance is a large section of tillable land and there are scattered hay fields and meadows throughout. The wooded portions contain predominantly 40 year old Loblolly Pine with pockets of Upland Hardwoods. Cub Creek fronts along approximately half of the total boundary. The property has beautiful rolling topography, has been well cared for and is under forest management.

This sale is subject to an agricultural lease with the tenant having until December 31, 2018 for harvesting all crops. The sale is further subject to a cell tower ground lease with the current owners retaining the income. The leased area for the cell tower is 100’ X 100’ or 0.23± acre, along with access and utility easements as shown on the survey.

Tract  2: In 2016 approximately 40 acres of the land was replanted in pine seedlings. The owners received a reforestation subsidy through the Commonwealth of Virginia, Department of Forestry (VDOF). Under terms of the subsidy, VDOF could require reimbursement of the reforestation subsidy if the replanted trees were removed. VDOF reimbursement will not be required unless the purchaser removes the new plantation and if required, the amount of the reimbursement will total approximately $4,000.00, to which penalty and interest could be added.

To preview at your leisure, call Auction Company for lock code
Agent will be on-site: Thursdays, September 20 and 27 from 3- 5 PM

Auction Date: Wednesday, October 3, 2018, 3:00 PM

Property Address: 1289 Poor House Rd. Phenix, VA 23959
Auction Location: Board meeting room in the Charlotte County Administration Building - 250 LeGrande Avenue, Charlotte Court House, Virginia 23923

Directions to Poor House Farm:

From Highway 40 in Phenix, VA go south on Rt. 617, Tola Rd. follow and go left on Rt. 676, Poorhouse Rd. Follow Poorhouse Rd. to its end at Poor House Farm.

Direction to Sale Site:

Board meeting room in the Charlotte County Administration Building – 250 LeGrande Avenue, Charlotte Court House, Virginia 23923. From Rt. 40 in Charlotte Courthouse go southeast on LeGrande Ave. to County Administration Building on right.

 

 

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Phenix, VA
511.35 Acres
Status: For Sale


Property Details

MLS
A930B
Type
Acreage, Farm, Timber land,
Property ID
2547
Address
1289 Poor House Road
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Broker Listing

agent
James Woltz
Woltz & Associates, Inc.

800-551-3588
Agent Website
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