11.12 ± AC Homesite - Cul-De-Sac Lot in White Oak Forest - 5112 Nuthall Pl., Henrico, VA

Foreclosure - 11.12 ± AC - Zoned A-1 (Henrico County) - Cul-De-Sac Lot in White Oak Forest Subdivision - Tax Assessment Value: $55,000

Auction Date and Time: August 17, 2018 @ 10:00 am

Auction Location: Circuit Court of Henrico County - 4301 E. Parham Rd., Henrico, VA

For More Information, Call Chip Jones at 804-873-8593 or Brandy Morris at 804-655-2410

Tax Record | Plat Map | Parcel Map

A-1 Zoning Ordinance (Henrico County) | Soil Report

Memorandum of Sale

Highlights

  • Lot Size: 11.12 ± AC 
  • Zoned A-1
  • Cul-De-Sac Lot
  • White Oak Forest Subdivision
  • Tax Assessment Value: $55,000

Description

Property consists of a 11.12 ± acre building lot within the established White Oak Forest subdivision, located in the Varina district of Henrico County.  The property is zoned Agricultural and affords all rights and privileges within Henrico County’s (A-1) Zoning Ordinance.  The lot is to be serviced by well and septic.  Soil feasibility study has been completed for a 4 bedroom home (see above).

 

Homes within the neighborhood range from $200,000 - $400,000 with a mix of open and wooded lots.  The property is located  approximately 3.4 miles from Rt 60 Williamsburg Rd, 5.2 miles from access to I-295, 8 miles from Access to I-64, 11 miles from Downtown Richmond, and 42 Miles from Williamsburg.

FORECLOSURE AUCTION TERMS AND CONDITIONS

Bidder's Deposit:

A deposit in an amount of $10,000.00, or ten percent (10%) of the gross sale price, whichever is higher, will be required.

Closing:

Cash with settlement within fifteen (15) days from date of sale, TIME BEING OF THE ESSENCE. Sale is subject to the right of the IRS to redeem within 120 days of sale date in accordance with 26 U.S.C. §7425(d).
The property shall be sold "as is" and shall be conveyed by Special Warranty Deed subject to all liens, encumbrances, mechanic's liens filed and unfiled, conditions, restrictions, easements and reservations, if any, superior to the mentioned deed of trust and lawfully affecting the property. All taxes to be prorated as of date of foreclosure auction. Additional terms may be announced at the sale.