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NEVADA COUNTY 2 HOME ABSOLUTE AUCTION ~ PRESCOTT, AR

Date

Friday, Dec. 7, 2018 at 11:00 AM CST

Auction Location

382 West Main Street, Prescott, Arkansas 71857

Real Estate Description

ATTENTION: LANDLORDS, HOME BUYERS & REAL ESTATE INVESTORS! 
These 2 Older Historic Homes on Large Adjoining Lots, Located Inside the City Limits of Prescott, Will 
Make Excellent Rental Properties & they are being Offered Individually & as a Package on Auction Day! ~ 
Selling On-site w/Live, Online Bidding Available ~ Offers Prior to Auction Day are Welcome ~ 
SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

REAL ESTATE DESCRIPTION:  These 2 Older Historic Homes are on Adjoining Lots, Located Inside the City Limits of Prescott, Both Homes Need Some Remodeling & Updating but Could be Rent Ready Quickly & Will Make Excellent Rental Properties ~ The Homes will be Offered Individually & as a Package on Auction Day!

(Property 1) 382 West Main Street is a 2,620+/- SF Home w/4BR/ 2.5BA, Built in the 1930's, on a 0.32+/- Acre Corner Lot w/Frontage on West Main Street & Gee Street ~ Home has Great Curb Appeal ~ Detached Carport ~ Covered Front Porch ~ Main Level Consists of a Large Living Room/ Dining Room w/ 10 Ft. Ceilings ~ Kitchen ~ Den w/Wood Burning Fireplace ~ Huge Master Suite w/Private Bath, Walk-in Closet & Sitting Room ~ Utility Room ~ Guest Half Bath ~ Upper Level Consists of (3) Spacious Bedrooms w/Cedar Lined Closets ~ Full Bath ~ Storage Closet ~ Staircase Leads to 3rd Level Floored Attic.

(Property 2) 388 West Main Street is a 1,656+/- SF Home w/3BR/ 2BA, Built in the Late 1800's, on a 0.42+/- Acre Lot w/Covered Front Porch & Screened-in Back Porch ~ Home Features 12 Ft. Tongue & Groove Ceilings & Original Hardwood Floors Throughout ~ Home Consists of a Living Room ~ Dining Room ~ Kitchen ~ Pantry Closet ~ Master Suite w/Private Bath w/Clawfoot Tub & Large Closet ~ 2nd & 3rd Bedrooms ~ 2nd Full Bath ~ Utility Room ~ Coat Closet ~ City Utilities Including Electricity, City Water & Natural Gas ~ Remember, these Properties are Selling Regardless of Price to the Highest Bidder!

TERMS ON REAL ESTATE:  $5,000.00 (Per Home) Cashier’s Check (NO EXCEPTIONS) Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome.

INSPECTION:  Drive by & View these Homes at Any Time or Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com with Questions ~ Doors Open & Bidder Registration begins at 10:00 a.m. Day of Auction.

Aerial

Legal Descriptions

Property Information Packet

DIRECTIONS:  From I-30 (Exit 46) in Prescott, Head South 2 Mi. on HWY 19 ~ Watch for Property & Auction Sign on the Left.

Auction Location

Terms

TERMS AND CONDITIONS:  $5,000.00 (Per Home) Cashier’s Check (NO EXCEPTIONS) Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome.

CLOSING COMPANY:  Attorney’s Title Group, LLC ~ Closing Agent: J. (Skipper) Ray ~ 1521 Merrill Drive, Suite D-220, Little Rock, Arkansas 72211 ~ (501) 734-2247 ~ Fax/734-4561.

REAL ESTATE TAXES FOR YEAR 2017:
(Property 1 – 382 W. Main St.) $203.00                     

(Property 2 – 388 W. Main St.) $364.00 

SCHOOL DISTRICT:  Prescott


TERMS OF AUCTION