Covington, Ellenwood, Conley, Jasper & Union City, GA: Absolute Auction of Residential Lots

Covington, Ellenwood, Conley, Jasper & Union City, GA: Absolute Auction of Residential Lots

Online Only Absolute Auction - No Minimums, No Reserves
  •   Sep 1 @ 12:00PM EDT (Start)
  •   Sep 10 @ 12:00PM EDT (End)
  •   Add to Calendar
Property 101:
Covington, GA: .1± Acre Lot at 9192 Malcolm Dr., Covington, GA 30014 (Newton County) 
Cottage Links at Corrydell Lot 41

Bidding Opens: Tuesday, September 1 at Noon ET
Bid Deadline: Thursday, September 10 at Noon ET
Inspection: Contact Auctioneer for inspection instructions.
Sale Manager: Austin McRoberts, 404-408-5222 or austin@amcbid.com
 
Cottage Links at Corrydell is a 55+ age-restricted townhome and single family community located off the Covington Bypass (GA 142) 3.5 miles south of the I-20 / GA 142 full interchange. I-285 lies 26 miles to the west. The City of Covington is located 1 mile to the North and offers shopping, schools and churches.
This lot is fully developed and the building pad graded for slab foundation construction. All utilities are located underground and available at the pad.
 
Zoning Conditions
Property is zoned: PUD under Covington Ordinances
Lot Frontage: 63 feet
Lot Depth: 80 feet
Minimum FSB: 10 feet
Minimum RSB: 10 feet
Minimum SSB: 5 feet
Other Conditions: Architectural Control Committee Approval Required
 
Newton County Tax Parcel C082D00000041000
2019 Property Taxes: $364.05
2019 Tax Appraised Value: $22,400    
 

Property 103:
Covington, GA: .09± Acre Lot at 9210 Malcolm Dr., Covington, GA 30014 (Newton County) 
Cottage Links at Corrydell Lot 44

Bidding Opens: Tuesday, September 1 at Noon ET
Bid Deadline: Thursday, September 10 at Noon ET
Inspection: Contact Auctioneer for inspection instructions.
Sale Manager: Austin McRoberts, 404-408-5222 or austin@amcbid.com
 
Cottage Links at Corrydell is a 55+ age-restricted townhome and single family community  located off the Covington Bypass (GA 142) 3.5 miles south of the I-20 / GA 142 full interchange. I-285 lies 26 miles to the west. The City of Covington is located 1 mile to the North and offers shopping, schools and churches.
This lot is fully developed and the building pad graded for slab foundation construction. All utilities are located underground and available at the pad.
 
Zoning Conditions
Property is zoned: PUD under Covington Ordinances
Lot Frontage: 63 feet
Lot Depth: 80 feet
Minimum FSB: 10 feet
Minimum RSB: 10 feet
Minimum SSB: 5 feet
Other Conditions: Architectural Control Committee Approval Required
 
Newton County Tax Parcel C082D00000044000
2019 Property Taxes: $364.05
2019 Tax Appraised Value: $22,400    
 

Property 201:
Ellenwood, GA: .25±  Acre Lot on Linden Lane, Ellenwood, GA 30281 (Henry County)
Swan Lake Lot 5

Bidding Opens: Tuesday, September 1 at Noon ET
Bid Deadline: Thursday, September 10 at Noon ET
Inspection: Contact Auctioneer for inspection instructions.
Sale Manager: Austin McRoberts, 404-408-5222 or austin@amcbid.com
 
The Swan Lake Community is located off Swan Lake Road in north Henry County. I-675 lies a few minutes to the west allowing easy access to I-75, I-285 and the Hartsfield-Jackson Airport. Lot 5 is located mid-block on the west side of Linden
Lane.
Swan Lake Estates is a large lot single family development having Swan Lake as its centerpiece. Originally developed as a recreational retreat in the 1950's, Swan Lake has evolved into a community comprised mainly of permanent residences. It is located east of Ellenwood and north of Stockbridge in Henry County. Swan Lake, the community clubhouse and open space are maintained by the Swan Lake Community Association.
Fully developed lot with treed site suitable for basement or slab foundation construction. Lots in Swan Lake are eligible for septic tank system upon application to and approval from the Henry County Health Department.
 
Lot Frontage: 75±  feet
Lot Depth: 150±  feet
Minimum FSB: 35 feet
Minimum RSB: 10 feet
Minimum SSB: 10 feet
Minimum Heated: 850 sq ft
Other Conditions: Architectural Control Committee Approval Required
 
Henry County Tax Parcel 046B01088001
2019 Property Taxes: $168.78
2019 Tax Appraised Value: $11,000
 

Property 301:
Conley, GA: 1.6± Acre Lot at 1955 Shelter Rock Dr., Conley, GA 30288 (DeKalb County)

Bidding Opens: Tuesday, September 1 at Noon ET
Bid Deadline: Thursday, September 10 at Noon ET
Inspection: Contact Auctioneer for inspection instructions.
Sale Manager: Austin McRoberts, 404-408-5222 or austin@amcbid.com
 
Conley Creek Lots are fully developed with building pads graded for basement foundation  construction. All utilities are located underground and available at the property lines.
Property is zoned: R-85 under Dekalb Ordinances

Min. Lot Frontage: 85 feet
Min. Lot Area: 12,000 sq ft
Front Setback: 35 feet
Side Setback: 8.5 feet
Rear Setback: 30 feet
Min. Heated Floor 1,200 sq ft
Other Conditions: Architectural Control Committee Approval Required by HOA
 
DeKalb County Tax Parcel 15 013 02 225
2019 Property Taxes Paid: $255.20
2020 Property Taxes Due: $255.20
2020 Tax Appraised Value: $13,200
 
 
Property 303:
Conley, GA: 2± Acre Lot at 1956 Shelter Rock Dr., Conley, GA 30288 (DeKalb County)

Bidding Opens: Tuesday, September 1 at Noon ET
Bid Deadline: Thursday, September 10 at Noon ET
Inspection: Contact Auctioneer for inspection instructions.
Sale Manager: Austin McRoberts, 404-408-5222 or austin@amcbid.com
 
Conley Creek Lots are fully developed with building pads graded for basement foundation  construction. All utilities are located underground and available at the property lines.
Property is zoned: R-85 under Dekalb Ordinances

Min. Lot Frontage: 85 feet
Min. Lot Area: 12,000 sq ft
Front Setback: 35 feet
Side Setback: 8.5 feet
Rear Setback: 30 feet
Min. Heated Floor 1,200 sq ft
Other Conditions: Architectural Control Committee Approval Required by HOA
 
DeKalb County Tax Parcel 15 013 02 226
2019 Property Taxes Paid: $209.58
2020 Property Taxes Due: $209.56
2020 Tax Appraised Value: $10,600
 
 
Property 305:
Conley, GA: .4± Acre Lot at 1962 Shelter Rock Dr., Conley, GA 30288 (DeKalb County)

Bidding Opens: Tuesday, September 1 at Noon ET
Bid Deadline: Thursday, September 10 at Noon ET
Inspection: Contact Auctioneer for inspection instructions.
Sale Manager: Austin McRoberts, 404-408-5222 or austin@amcbid.com
 
Conley Creek Lots are fully developed with building pads graded for basement foundation  construction. All utilities are located underground and available at the property lines.
Property is zoned: R-85 under Dekalb Ordinances

Min. Lot Frontage: 85 feet
Min. Lot Area: 12,000 sq ft
Front Setback: 35 feet
Side Setback: 8.5 feet
Rear Setback: 30 feet
Min. Heated Floor 1,200 sq ft
Other Conditions: Architectural Control Committee Approval Required by HOA
 
DeKalb County Tax Parcel 15 013 02 227
2019 Property Taxes Paid: $166.87
2020 Property Taxes Due: $166.89
2020 Tax Appraised Value: $7,500
 

Property 307:
Conley, GA: .3± Acre Lot at 1963 Shelter Rock Dr., Conley, GA 30288 (DeKalb County)

Bidding Opens: Tuesday, September 1 at Noon ET
Bid Deadline: Thursday, September 10 at Noon ET
Inspection: Contact Auctioneer for inspection instructions.
Sale Manager: Austin McRoberts, 404-408-5222 or austin@amcbid.com
 
Conley Creek Lots are fully developed with building pads graded for basement foundation  construction. All utilities are located underground and available at the property lines.
Property is zoned: R-85 under Dekalb Ordinances

Min. Lot Frontage: 85 feet
Min. Lot Area: 12,000 sq ft
Front Setback: 35 feet
Side Setback: 8.5 feet
Rear Setback: 30 feet
Min. Heated Floor 1,200 sq ft
Other Conditions: Architectural Control Committee Approval Required by HOA
 
DeKalb County Tax Parcel 15 013 02 224
2019 Property Taxes Paid: $512.12
2020 Property Taxes Due: $512.10
2020 Tax Appraised Value: $25,100
 
 
Property 401:
Jasper, GA: 1.07± Acre Lot at 170 Hawkins Rdg., Jasper, GA 30143 (Pickens County)

Jordans Crossing Lot 85
Bidding Opens: Tuesday, September 1 at Noon ET
Bid Deadline: Thursday, September 10 at Noon ET
Inspection: Contact Auctioneer for inspection instructions.
Sale Manager: Austin McRoberts, 404-408-5222 or austin@amcbid.com
 
The lot is fully developed with a building pad for basement foundation construction. All utilities are located underground and available at the property lines. The lot is approved for septic tank installation. Permitting is by Pickens County.
 
Zoning Conditions
Min. Lot Frontage: 90 feet
Min. Lot Area: 43,560 sq ft
Front Setback: 75 feet from road centerline
Side Setback: 15 feet
Rear Setback: 15 feet
Other Conditions: Architectural Control Committee Approval Required by HOA 
 
Pickens County Tax Parcel 055D 110 385
Description DIST13 LL118 LT85 1.07AC JORDAN'S CROSSING
Tax Appraisal $15,000
2019 Taxes (unpaid) $141.40
 
 
Property 501:
Union City, GA: 9.2± Acre Tract at 5187 Park Ave., Union City, GA 30291 (Fulton County)

Bidding Opens: Tuesday, September 1 at Noon ET
Bid Deadline: Thursday, September 10 at Noon ET
Inspection: Contact Auctioneer for inspection instructions.
Sale Manager: Austin McRoberts, 404-408-5222 or austin@amcbid.com
 
This wooded 9.2 acre tract is located in the SW corner of Park Avenue and Dixie Lake Road in Union City. The property was originally utilized as a single homesite and is flanked by two streams on its western and eastern boundaries. Recent road improvements along Dixie Lake and Park provide a concrete curb cut to the tract. 
 
This tract is zoned R2 Single-Family Residential under Union City Ordinances.

Minimum Lot size: 22,000 sq.ft.
Minimum Width: 90 feet
Front Setback: 50 feet
Rear Setback: 40 feet
Side Setback: 15 feet
The property is served by sanitary sewer on the property. All other utilities are available at the property lines.
 
Tax Parcel 09F-2213-0087-038-0 
Tax Fair Market Value 60,000
2019 Taxes Paid $669.96
 
 
Terms:  Bank Proof of Funds Required to Bid, 10% Buyers Premium added to winning bid to determine sale price, 20% Earnest Money Deposit,  2% Broker Co-Op, close by October 9, 2020.
 
 
Auction Management Corporation
GAL#2503

 

AUCTION REGISTRATION: In order to register for the auction, you must have pre-inspected the property and must confirm that you have done your own inspection prior to registration. The online registration form will need to be completed before online bidding is enabled. In addition, you must provide proof of funds from your bank that you have sufficient funds to cover the required earnest money down payment in order to obtain a bid number. This may be accomplished by faxing the proof of funds to 770-980-9383 or emailing to info@AMCbid.com at least 24 hours prior to the auction. Proof of funds consists of a copy, fax, or original of a current bank statement in bidder’s name showing sufficient funds for 20% earnest money deposit. 
 
AUCTION INFORMATION: All available material and updates are posted to www.AMCbid.com. Due diligence materials, Auction Purchase and Sale Agreement, Broker Registration forms, and other information may be obtained by calling 770-980-9565, or by visiting the website.

BUYER'S PREMIUM: Property will be sold with a ten percent (10%) buyer's premium. The bid amount plus buyer's premium equals the final purchase price. For example: A $10,000 bid, plus the 10% ($1,000) buyer's premium, equals the $11,000 final purchase price.

CONDUCT OF THE AUCTION: Online bidding will begin 10 days prior to the auction end date, possibly earlier. The auction ends when the highest bid is recognized by the auctioneer. Bid increments and bidding methodology are subject to change at the sole discretion of auctioneer. 

GROUPED EXTENSION: This auction will use the grouped extension bidding feature, where it is placed with other assets in an extension group. Any bid within the last five minutes of bidding for an auction lot causes an automatic extension of bidding on that auction lot and on ALL auction lots. When 5 minutes passes with no more bidding on any of the lots, then bidding on all lots will close simultaneously.

EARNEST MONEY REQUIREMENT: Winning online bidders must deliver earnest money via wire transfer to the Escrow and Closing Agent escrow account immediately following the auction, in the amount of twenty percent (20%) of the purchase price (calculated by adding the high bid amount plus a 10% buyer’s premium) Balance will be paid in full at closing. The successful bidder will be notified immediately following the closing of the auction and emailed the sale contract, to sign and return. If you have any questions, you may contact Austin McRoberts at austin@AMCbid.com or 404-408-5222.

PURCHASING AND CLOSING: Buyer shall execute an Auction Purchase and Sale Agreement (“Auction PSA”) for the property immediately after being declared the successful bidder by auctioneer. A form Auction PSA is available at our website for each asset. The Auction PSA which Buyer must sign at the auction contains an acknowledgment that Buyer has inspected the property prior to the auction, is relying solely on his/her inspection, and is purchasing the property As Is with all faults and without reliance on any warranty of any kind whatsoever. NO CHANGES WILL BE MADE TO SAID AUCTION PSA OR ANY EXHIBITS ATTACHED THERETO, AND BUYER WILL BE OBLIGATED TO EXECUTE AND DELIVER SAID AUCTION PSA ON AUCTION DAY. Provided, however, Seller reserves the right to modify or amend said Auction PSA, to complete blank sections, to attach appropriate exhibits, and to comply with state and local laws as may be enacted or amended from time to time. Earnest Money must be in the form of wire transfer only. 
Closing must occur no later than Friday, October 9th, 2020. This deadline must be met unless extended in writing by mutual consent of the parties. Balance of purchase price will be paid in full at closing. Buyer not closing within the contractual time period to close will forfeit his/her earnest money deposit.

BROKER PARTICIPATION INVITED: A broker commission of  two percent (2%) of winning bid will be paid to the properly licensed broker whose prospect purchases and closes on the real estate. To qualify for a commission, the Broker must register by mail, email, fax or hand delivery the prospect’s name and address on the Broker Registration form available as a download at the AMC website listing, prior to bidder registration. The form must be signed by the prospect and the Broker, and must be received at the office of Auction Management Corporation no later than 48 hours prior to the published auction bid deadline. Commissions to be paid only upon closing. A Broker cannot act as a principal and a broker on the same transaction.

FINANCING: Please note that financing is NOT a contingency of this transaction. Because financing is NOT a contingency, all potential bidders must make certain in advance that they are capable of obtaining the necessary financing to close the transaction. 


PLATS/SKETCHES/DRAWINGS AND PHOTOS: Are not to be relied on. Existing legal descriptions are not guaranteed for complete accuracy. All acreage and dimensions are approximate and could be subject to change upon an actual field survey. All stakes, signs or flags indicating boundaries or location are for general location purposes only and are not to be construed as precise property corners.
 
AUCTION POWER OF ATTORNEY: For interested bidders who cannot attend the auction but would like to have a representative bid at the auction on their behalf, an Auction Power of Attorney can be obtained by contacting the Auction Information Office at (770) 980-9565.


EASEMENTS: All property sold is subject to recorded easements which include existing roads and planned roads, power line and other utility easements, ingress and egress easements, and other easements of record.


BUYER'S NOTE: Auctioneer reserves the right to add or delete property from this auction or to alter the order of sale from that published herein. Failure to inspect property prior to auction does not relieve Purchaser of contractual obligations of purchase. Property sells As Is - Where Is with no warranties expressed or implied. Real property to be conveyed by Special Warranty Deed. Sale shall be closed at the offices of Wasdin Closing Group LLC, attn: James Ottley, Jottley@stoutkaiser.com, (770) 349-8214 (“Escrow and Closing Agent”) as noted in Auction Purchase & Sale Agreement, or as announced at the auction. Each party shall pay its own attorneys’ fees. Only the following sale closing costs will be paid by seller: (1) Commissions or brokerage fees to auctioneer and/or cooperating Brokers as set forth in separate agreement with auctioneer, and as established in these Terms and Conditions; (2) reasonable title corrective expenses, in Seller’s sole determination; (3) 0% of closing fees charged by Escrow and  Closing Agent; and (4) Prorated property taxes as set forth in the Purchase and Sale Agreement and back taxes due, if any. All other closing costs, including but not limited to surveys, title examination, title insurance, transfer taxes, 100% of closing fees charged by Escrow and Closing Agent, loan closing costs, and purchaser’s attorney fees are at the expense of the Purchaser. 

Information was gathered from reliable sources and is believed to be correct as of the date this material is published, however, this information has not been independently verified by sellers or auctioneers. Its accuracy is not warranted in any way. There is no obligation on the part of Sellers or Auctioneer to update this information. ALL ANNOUNCEMENTS MADE AT THE AUCTION TAKE PRECEDENCE OVER ALL ADVERTISING. The sellers do not have any liabilities whatsoever for any oral or written representations, warranties or agreements relating to the property except as expressly set forth in the Auction PSA. There is no obligation on the part of the Sellers to accept any backup bids in the event the high bid falls through.