ATTENTION: REAL ESTATE INVESTORS & HOME BUILDERS!
40+/- Scenic Acres w/Home Overlooking Russellville & Lake Dardanelle ~ 7,200+/- SF Fire Damaged Home ~ 30x60 Ft. Custom Shop ~ Gated Entry
REAL ESTATE DESCRIPTION: 7,200+/- SF, 5 Bedroom/ 6 Bath Custom Home that was Damaged by Fire, Sitting on 40+/- Scenic Acres Overlooking Russellville & the River Valley ~ This House was Heavily Damaged in an October 2024 Fire & Immediately Remediated Down to the Studs ~ The Home is 2 Levels with Much of the Structure Not Harmed ~ The Fire Originated in the Attic so Much of the Damage is on the Top Floor Roofing/Attic Areas ~ Water Heaters & Some HVAC are Still in Tact ~ Bottom Floor of the House was Previously Used as an in-Laws Quarters with Full Kitchen ~ Property has a Custom 30x60 Ft. Insulated Shop Offering 2 Overhead Doors & an Office that was Unharmed in the Fire & Could be made into Living Quarters ~ Home has a Concrete Drive with Gated Entry ~ Multiple Potential Building Sites ~ This is a Fantastic Opportunity to Either Rebuild a Large House or Start Over on a Wonderful, hard to Replicate Lot in Russellville ~ Offers Made Prior to Auction Day are Welcome & Encouraged!
INSPECTION: Drive by & View Exterior of the Home Anytime, Interior Showings by Appointment Only ~ Contact Agent Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com ~ Auctioneers will be On-site at 10:00 a.m. for Inspection & Registration on Auction Day.
CLOSING COMPANY: Heritage Title & Closing Company ~ Closing Agent: Tamsey Hilsabeck ~ 700 West B Street, Russellville, Arkansas 72801 ~ (479) 968-7454.
REAL ESTATE TAXES FOR YEAR 2024: $780.00
SCHOOL DISTRICT: Russellville
TERMS: $25,000.00 Cashier’s Check made Payable to 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% Auction/ Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.
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