Sealed Bid Land Auction

262+/- Acres in Three Tracts

John Henry “Bud” Johnson Jr. Estate

Saturday, November 14, 2020 – 10:00 AM

 Tract #1

Greene County Parcel Numbers

507001 – 504062 – 524555

FSA Farm Serial Number 3929, Tract 3369

Deed Book 681, Page 309

Directions for Tract #1:  From Snow Hill, NC take Hwy. 258 north for one mile.  Turn right on Four Way Rd. for two miles.  Farm on the left at Morgan Lane.

147+/- Acres with approximately 70+/- cropland

50 ft. right of way (Morgan Lane) from Four Way Rd.

Private 24 ft. x 34 ft. Cabin overlooking pond.  One room Cabin has brick wood burning fireplace with wood mantle, paneling and ceiling fan. Kitchen has lots of cabinets, GE electric stove, Frigidaire refrigerator/freezer.  Screened porch,

Half bath.  Pitt Greene Electric, Greene County Water and septic tank.

TWO Rental properties sold with Tract #1

Double Wide with metal roof and brick underpinning, three bedrooms, two baths, extra room off back.

Rents for $350.00 / month

Single wide mobile home (14ft. x 56 ft.) with metal roof. Two bedrooms with

 one bath.

Rents for $350.00 / month

Rental Properties have Greene County Water, Pitt Greene Electric,

 Septic Tanks

20+/- Acres of Mature Pines

(2) 40 ft x 435 ft. Chicken Houses used for storage in good shape

(2) Taylor Tobacco Bulk Barns for Storage

Four Greenhouses and Two Carport Shelters on Tract #1 - DO NOT CONVEY with Land.  They will be sold at the “Bud” Johnson Heirs Farm Equipment Auction on Saturday, December 5, 2020.

 Great Farm with many improvements

Tract #1 has New Survey completed by Grant & Associates and is posted on our website at www.TugwellAuctionRealty.com

Tract #1 will be sold on site.

Tract #2

Northern Portion of Greene County Parcel # 500833

FSA Farm Serial Number 4563, Tract 1045

Deed Book 678, Page 115-119

Directions for Tract #2:   From Snow Hill, take Hwy. 258 north for one mile.  Turn right on Four Way Rd. for four miles.  Farm on the right at the intersection of Loop Rd. and Four Way Rd.

37+/- Acres with approximately 30 acres of cropland.  2,000+ ft. of road frontage on Loop Rd. and 400+ ft. of road frontage on Four Way Rd.  Two Acre+ Pond.

One Acre+/- Lot across Four Way Rd. with 240 ft. of road frontage on Lilly Pad Rd. and 350 ft. of road frontage on Four Way Rd.

New Survey will be available for Tract #2 by Grant and Associates PA and will be posted on our website when available.

Tract #2 will be sold on Tract #3

Tract #3

Southern Portion of Greene County Parcel # 500833

FSA Farm Serial Number 4563, Tract 1045

Deed Book 678, Page 115-119

Directions for Tract #3:  Tract #3 is located south of Tract #2 on Loop Rd.

78+/- Acres with approximately 22 Acres of cropland

New 16 ft. x 24 ft. unfinished cabin with metal roof.

Cabin overlooks Contentnea Creek high on a bluff with boat landing.

Borders Contentnea Creek with 4200 ft. of creek frontage

Great Land for Hunting, Fishing and Recreation

Nice Get Away

Tract #3 will be sold by deed description on Tract #3.

Real Estate Sealed Bid Information

Sale announcements will start at 10:00 AM on Tract #1.

Note:  Tugwell Auction & Realty will provide envelopes for bidders and all bids must be submitted by 10:30 AM with contact information, name, address and phone number.  Envelopes will be opened and the high bid will be announced. 

The owner has the right to accept or reject all bids.

The high bidder will be required to make a 10% deposit day of auction with balance in 30 days. 

NOTE:  Tract #1 ONLY - Because of a minor child the high bid on Tract #1 will be subject to approval by Greene County Clerk of Court. 

Tracts #2 and #3 will be confirmed day of sale.

The owners are responsible for the cost of preparing the deeds and revenue stamps. Any other closing costs will be the responsibility of the buyers.

Real Estate Taxes will be prorated as of closing for 2020.

Tugwell Auction & Realty Co. is agent for the owners and does not have dual agency responsibilities.

All properties sell “AS IS” with no guarantees or warranties either expressed or implied. Information was furnished by sources deemed reliable; however, neither the owners nor the auction company guarantees this information to be correct.  We encourage buyers to inspect the properties prior to sale and bid accordingly.  Announcements day of sale take precedence over any printed matter.