Bid on Affordable Home at 2005 Tower Hill Rd, Kinston, NC – Auction Starting at $10,000

Kinston, North Carolina offers an interesting possibility if you would want to get a house at a fantastic price. Starting at just $10,000, the 2005 Tower Hill Rd property is under auction and you might bid. First-time buyers, investors, or anyone searching for a project will find perfect fit in this single-family house. We will dissect the specifics of this property, the auction procedure, and ways you might become engaged in this post. This could be the ideal opportunity for you whether you are just investigating real estate prospects or purchasing your first house.

Property Overview: 2005 Tower Hill Rd, Kinston, NC

Home Features

A 1,872 square foot home with lots of space for a small family or investor looking for a remodeling project, the 2005 Tower Hill Rd property offers Let’s examine more closely the offerings of this house:

  • Comfortable 1,872 square feet of living area in this house will allow you enough of room for family events, business, and leisure.
  • The house’s three bedrooms and one bathroom make it a fantastic fit for families or those requiring more room.
  • The house consists of a functioning kitchen for food preparation, a living area for family get-togethers, and a covered front porch where one may lounge or take in outside views.

Covering a 6,970 square foot lot, this property offers some outside area for additional parking or gardening. Perfect for a range of purposes, the property provides a good mix between living space and outside area.

Utilities and Taxes

The house is conveniently located right away since it is linked to all the facilities required: electricity, gas, water, sewer, and so on. For a house this large, the 2024 county taxes for this property come out as rather low—$382.

Year Built and Zoning

Although this house was constructed in 1955, it has some age; but, with appropriate improvements, it can become a lovely and cosy house. Being classified RA8/Residential, it is meant for domestic use and can be altered within local building codes.

Clear Title and Ownership Transfer

The house will be sold with a clear title, so ownership legal questions will not exist. The title will be passed via a Government Deed, which ensures that following the sale the buyer will have complete and legal ownership rights.

Auction Details

Auction Date and Time

Friday, January 31, 2025 will see the 2005 Tower Hill Rd, Kinston, NC sale from 11:00 am to 1:45 pm ET. At a starting price of just $10,000, this is the ideal opportunity to submit your offer and maybe land the property. Since bids at the auction will rise in $500 increments, one should be ready to act fast.

Bid Deposit and Participation

To be able to bid at the auction, you must pay a $4,000 bid deposit—a check payable to CWS Marketing Group. The deposit is due by January 30, 2025 at 5:00 p.m., ET. You may bid on all four of the auctionable properties with this deposit. Should you be the auction winner, the deposit will be included into your ultimate purchase price.

Auction Bidding Process

The bidding will start at $10,000 and rise by $500. Every new bid has to be minimum $500 more than the last one. Staying on top of the auction and acting fast will help you to guarantee the house at the best price.

Property Condition and Terms of Sale

Sold “As-Is”

Note that this property is being sold “as-is,” hence the buyer will have to accept the house as it is right now. The seller will not have any repairs or enhancements done prior to the sale. The buyer will be accountable for any building violations or fines the property could have. Before bidding, be sure you consider this in your decision-making process.

Inspection Details

By appointment only, you can check the property on Saturday, January 25, 2025, from 1:00 pm to 3:00 pm. It is highly advised to arrange an inspection so that, before bidding on the property, you completely know its state of condition.

Clear Title Transfer

There will be no more claims on the ownership of the property once the auction closes since the buyer will get the clear title for it. The title will be passed using a Government Deed, a safe approach to provide the buyer property rights.

Why Should You Consider This Auction?

The following are some of the several reasons the 2005 Tower Hill Rd auction presents a fantastic prospect:

  • Affordable Starting offer: For investors seeking a low-cost home to renovate or those on a budget, this house is a fantastic choice with a starting offer of just $10,000.
  • Although the house is sold as-is, it is a terrific investment since it has significant possibility for remodeling.
  • The house fits families, first-time buyers, or as a rental since it has three bedrooms and one bathroom.
  • The 6,970 square foot lot offers gardening, parking, or leisurely activities outside space.
  • Living or investing in Kinston, NC is an excellent location since it is a quiet town with simple access to nearby facilities.

Starting at about $10,000, the 2005 Tower Hill Rd, Kinston, NC auction presents an interesting chance to buy a house. This house could be ideal for you regardless of your purchase experience—first-time buyer, investor, or someone seeking a renovation project. Set up an inspection, forward your bid deposit, and be ready to bid on January 31, 2025. Never miss this amazing deal!

You Must Visit :- Schott Auction Gallery

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