Auction Description

ATTENTION: MONTICELLO HOME BUYERS & REAL ESTATE INVESTORS!

(8) Extremely Well-Maintained, 3 Bedroom, Single-Story Brick Homes in the Desirable Spring Branch Subdivision ~

1+/- Mile West of HWY 425 & Only 4+/- Miles from the University of Arkansas at Monticello Campus ~ All Selling from Spring Branch Subdivision at 118 Counrty Court w/Live, Online Bidding Available

AUCTION LOCATION: 118 COUNTRY COURT ~ MONTICELLO, AR 71655

REAL ESTATE DESCRIPTION: These Well-Maintained, 3 Bedroom Brick Homes, Built in the Early 1980s on Lots Ranging from 0.24+/- to 0.39+/- Acres, All with 1-Car Attached Carports & Central HVAC, are ALL Move-in-Ready w/Excellent Rental Histories but Would Also Make Great Primary Residences. 

PROPERTY #10: (302 Spring Branch Dr.) Currently Rented for $700/mo. ~ 1,312+/- SF ~ Home Consists of 3 Bedrooms/ 1.5 Baths, Kitchen w/Stove & Fridge, Living Room, Dining Room & Laundry Room ~ Remodeled in 2021 w/Fresh Interior Paint, New Flooring, New Light Fixtures & Ceiling Fans, New 2” Wood Blinds ~ Brand New Roof in April 2023 ~ Newer Lennox HVAC Unit.

PROPERTY #11: (310 Spring Branch Dr.) Currently Rented for $675/mo. ~ (5+/- Yr. Tenant) ~ 1,205+/- SF ~ Home Consists of 3 Bedrooms/ 1.5 Bath, Kitchen w/Stove, Fridge & Dishwasher, Living Room, Dining Room & Laundry Room ~ Extremely Well-Maintained w/New Roof in 2019 & Newer HVAC Unit.

PROPERTY #12: (410 Spring Branch Dr.) Currently Vacant but Rent Ready ~ 1,126+/- SF ~ Home Consists of 3 Bedrooms/ 1.5 Baths, Kitchen w/Stove & Fridge, Living Room, Dining Area & Laundry Room ~ Completely Remodeled Inside & Out w/New Roof in 2021, New HVAC Unit in 2022 & New LVP Flooring.

PROPERTY #13: (544 Spring Branch Dr.) Currently Rented for $700/mo. ~ 1,256+/- SF ~ Home Consists of 3 Bedrooms/ 1.5 Baths, Kitchen w/Stove & Fridge, Living Room & Laundry Room ~ Interior Remodeled in 2020 w/Fresh Interior Paint, New Light Fixtures & Ceiling Fans, New 2” Wood Blinds.

PROPERTY #14: (105 Country Ct.) Currently Vacant but Rent Ready ~ 1,117+/- SF ~ Home Consists of 3 Bedrooms/ 1.5 Baths, Eat-in Kitchen w/Stove & Fridge, Living Room & Laundry Room w/Tile Floors Throughout ~ Recently Remodeled Interior ~ Brand New Roof in April 2023 ~ Foundation Repaired in 2023.

PROPERTY #15: (112 Country Ct.) Currently Rented for $700/mo. ~ 1,192+/- SF ~ Home Consists of 3 Bedrooms/ 1.5 Baths, Eat-in Kitchen w/New Stove & Fridge, Living Room & Laundry Room ~ Remodeled Interior in 2023 w/New LVP Flooring, Fresh Interior Paint, New Light Fixtures & Ceiling Fans, New 2” Wood Blinds ~ Extremely Neat & Clean w/New Roof in 2023.

PROPERTY #16: (105 Mona Lisa Ct.) Currently Rented for $650/mo. ~ (5+/- Yr. Tenant) ~ 1,284+/- SF ~ Home Consists of 3 Bedrooms/ 1.5 Baths, Kitchen w/New Stove & Fridge, Living Room & Laundry Room ~ Covered Front Patio ~ Very Well-Maintained Exterior & Recent Partial Interior Remodel.

PROPERTY #17: (125 Belle Aire Ct.) Currently Rented for $675/mo. ~ (5+/- Yr. Tenant) ~ 1,273+/- SF w/Covered Front Patio ~ Home Consists of 3 Bedrooms/ 1.5 Baths, Kitchen w/Stove, Fridge & Dishwasher, Living Room, Dining Area & Laundry Room w/Tile Floors Throughout ~ Well-Maintained Inside & Out.

Utilities Include Electricity, City Water, Natural Gas & City Sewer ~ Offers Made Prior to Auction Day are Welcome!

INSPECTION: Vacant Properties can be Viewed Anytime ~ Rented Properties will be Available for Viewing on Auction Morning ~ Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com ~ Doors Open & Auctioneers will be On-site at the Auction Location at 9:00 a.m. for Registration on Auction Day.

CLOSING COMPANY:  Barton & Roper, PLLC ~ Closing Agent: Manda Robinson ~ 106 W. Oakland Street, Monticello, Arkansas 71655 ~ (870) 367-6288.

REAL ESTATE TAXES FOR YEAR 2022: 

PROPERTY #10: (302 Spring Branch Dr.) $482.98

PROPERTY #11: (310 Spring Branch Dr.) $409.54

PROPERTY #12: (410 Spring Branch Dr.) $399.81

PROPERTY #13: (544 Spring Branch Dr.) $508.78

PROPERTY #14: (105 Country Ct.) $505.90

PROPERTY #15: (112 Country Ct.) $410.72

PROPERTY #16: (105 Mona Lisa Ct.) $450.06

PROPERTY #17: (125 Belle Aire Ct.) $478.36

SCHOOL DISTRICT:  Monticello

TERMS: $10,000.00 Cashier’s Check (Per Property) made Payable in Your Name or Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.