Bear Wallow Farm/David Fultz House: 35 +/- Acres—Immaculately Restored and Historic 4 BR Home

Transitioning to a more manageable living environment with family, our seller has entrusted us to market and sell this gorgeous Shenandoah Valley property.  Bear Wallow Farm/David Fultz House (circa 1845) offers an immaculately restored historic home, 35 +/- acres, barn, pastures, fencing and much more!!  Whether you desire a farm, a family compound or residential investment potential, this scenic potential filled property awaits You as the New Owner!!

• 4 BR/2.5 BA restored historic and well maintained brick home (3,594 +/- finished sf. & 1,797 +/- unfinished sf.) on 35.17 +/- acres
• Eat-in kitchen w/custom cabinetry & millwork (all appliances and washer/dryer convey); living room; dining room; attic w/stairway; unfinished basement; front porch w/upper level porch & patio; attached 3 car garage w/new garage door openers
• 1.25" Heart of Pine flooring; vinyl flooring in bathrooms
• 8 fireplaces (not in use):  gas logs in 2 fireplaces (propane tank has been removed); all brick work and chimneys were gone over and brought up to date during the restoration, but it is recommended these fireplaces be inspected prior to use.
• Heating:  Oil fired boiler  (hot water) w/radiant heat (8 zones), underground 550 gallon oil tank (Augusta Petroleum).  Cooling:  window units
• City of Staunton pubic water; Gravity septic system (all plumbing was replaced from the home to the tank, and tank has been pumped every 3 years); There is a cistern on the property (approx. 12' deep & 10' in diameter) that was the original water supply to the home
• Hot water:  fired by boiler; Electricity:  Dominion Power (400 amp service)
• Roofing is 40 year asphalt shingles (installed in 1991); Asphalt millings driveway (2017)
• Barn (approx. 20' x 50'); Fencing:  some perimeter fencing, cross fenced for livestock, large chain link fenced area w/pens for dogs or smaller animals
• Farm yield for hay:  110 round bales per year (average 700#-900#); fertilizer applied every 2 years; land has been very well maintained
• Swimming Pool:  New liner in 1992 & not currently being used
• With city water on site, this property is full of potential, and is located only 3 miles from I-81
• Tax Map:  10472; Deed Book:  318/754; Zoning:  R1 (property is in the Clean+Green category; in AG-Forestal use for tax purposes).  Annual county real estate taxes:  $4,182.25; Original home built in 1845 w/restoration completed in 1992 by Todd Bros.; WE GUARANTEE a FREE & CLEAR DEED
• Only $300,000 Starting Bid!!

Need Financing for this home??  Please contact Tony Wilson for financing information (540-748-1359)

Although not required, if you have been working with a Realtor, please have them visit www.nichollsauction.com and complete the Realtor Representation form.  In order for the real estate agent to be compensated, forms must be completed and submitted no later than 5 pm on 3/12/19, and all terms adhered to.

Please contact Tony Wilson withy any questions concerning pre-auction bids 540-748-1359

Property Tour:  Wednesday, March 6 @ 11am SHARP.  Please contact Tony Wilson for more information (540-748-1359).

TERMS:  $25,000 deposit is due immediately after confirmation of final bid and the balance due at closing within 30-45 days (unless prior written arrangements have been made by contacting Tony Wilson 540-748-1359 or tony@wilsonauctionco.com). Deposit must be in the form of a cashier's check or certified check (from a US bank) made payable to yourself. A 10% buyer's premium will be added to the final bid, and will become a part of the purchase price. Property sold in as-is condition, and is not contingent upon buyer's financing, condition of property, appraisal, inspection, etc.  Pre-approved (no later than 5 pm on 3/12/19) broker participation is compensated. Auctioneer's Note: All information and dimensions were derived from sources believed to be correct, but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property. All auction day announcements take precedence over any previously printed material or any other oral statements made.

We are happy to offer online/simulcast bidding for bidders who cannot physically attend the live auction event. Please understand and agree that online bidding will only be allowed if the buyer is physically NOT on site at the live auction. Online bidding will NOT be allowed if you are physically in attendance at the live auction event.

ADDITIONAL TERMS for THOSE PLANNING TO BID LIVE ONLINE
In addition to the above terms and conditions, Please read below if you are participating and registered for LIVE ONLINE SIMULCAST BIDDNG

Contact the auction coordinator (his or her name and contact number is on the NichollsAuction.com site under the auction you are bidding on) immediately if you need additional information.
Bidder Verification: The identity of all bidders will be and must be verified (via phone, email or text).  Bidding rights are provisional, and if complete verification is not possible, Nicholls Auction Marketing Group, Inc. will reject the registration, and bidding activity will be terminated.
At the close of the auction, and seller confirmation, the successful bidder will be emailed or given the contract package to execute and return to Nicholls Auction Marketing Group, Inc. The successful bidder’s earnest money deposit must be in the form of cashier’s or certified check (United States Bank) or wire transfer to Nicholls Auction Marketing Group, Inc. The entirety of the remaining balance is due at closing. Purchaser shall be responsible for all wire transfer fees.
Contract Packages will be sent by e-mail or hand delivered to the high bidder, who must execute and hand deliver, email, fax or overnight mail back to Nicholls Auction Marketing Group, Inc., within 24 hours of receipt. If the successful bidder does not execute and return their contract with earnest money deposit within 24 hours of receipt they will be considered in default and subject to legal action. This is a legal binding contract.
In the event a winning bidder fails to submit the signed ’Contract for Sale of Real Property’ and deposit earnest money as provided in the pre-stipulated Auction Terms, the winning bidder will be charged an administrative fee of $10,000.00 on the credit card provided at auction registration. Additional default remedies are reserved by Nicholls Auction Marketing Group, Inc., and the Seller as provided in the Auction Terms & Conditions and the ‘Contract of Purchase’. All administrative fees are non refundable.
Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold ’AS IS’ with any and all faults. Please review all information supplied, and seek appropriate assistance prior to bidding.
Technical Issues: Neither the company providing the software nor the auction company shall be held responsible for a missed bid or the failure of the software to function properly for any reason.  In the unfortunate event of a DDOS attack or server attack/shut down, the auction company reserves the right, but is not required, to extend bidding time.  To minimize the chance of being affected by internet or software issues, please use the “Max Bid” feature.  Please contact Tim Peters/Bid Wrangler @ 844-296-8727 if you need assistance with the online bidding platform.