Country Home for Sale at Auction in Salem Va

Description

Country Home for Sale at Auction in Salem VA

Check out this
country home for sale on 1.69 acres. This 3 bedroom, 1.5 bath, 1,056 sq ft
home, built in 2010, is ready for your personal touch. The main level features
hardwood and laminate flooring, baseboard electric heating. The laundry is
located on the main level, making this a great home for single level living.
There is a full walk-out basement with a dirt floor. There is a large porch
that wraps around the main level of the home. Located just a short drive from
both Salem and Roanoke, this property offers a balance of peaceful country
living and convenient access to city amenities, with easy access to I-81. The
neighboring area consists of newer homes under construction, this property
offers incredible upside potential for anyone looking to invest in a great
location. Property is zoned R1.

Online Auction Ends Wednesday, October 8th
at 4 PM
5506 Pleasant Run Dr., Salem, VA 24153

Click Here for Bidder
Packet
Click Here for Interactive
Map
Click Here for Property Video
Click Here for Zoning Information

CONTACT: Auctioneer Matt
Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com. You can also contact Realtor Booie DeHart at
276-952-5061 or email BooieD@yahoo.com.

DIRECTIONS: From
Salem VA take West Main St. Towards Glenvar, Turn Left on Pleasant Run Dr.
Property is located on the left marked by sign.

BIDDER PACK: Download Bidder Pack
for complete information. Bidder Pack has maps, complete terms and conditions,
sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack
may have notations and boundaries created by Auctioneer for illustration
purposes, however unchanged surveys are in Bidder Pack as well.

SOFT CLOSE: If a bid is received
within the last 2 minutes of the auction or after 4 PM, the auction close
time will automatically extend 2 minutes to allow other bidders an opportunity
to competitively bid prior to the auction closing. This feature eliminates
“snipers” and encourages fair and impartial bidding from all participants.

BUYER’S PREMIUM – TEN PERCENT
(10%): Buyer’s Premium shall be added to the final online bid, which will
determine the Total Contract Sales Price. Bidders hereby acknowledge and
understand that the Buyer’s Premium will be added to the winning bid to create
the Total Contract Sales Price for which they are obligated to pay for the
property. Example: (winning online bid $100,000 + 10% buyer’s premium = total
purchase price of $110,000). Buyer’s Premium is not due until closing.

PRE-AUCTION SALES: As an agent for the Seller, the
Auctioneer must present any and all bona fide written offers to the Seller,
which may be created outside of the online bidding platform. Therefore, all
properties are subject to pre-auction sales. Pre-auction offers must meet all
off the auction terms and conditions and must be submitted to the Auctioneer on
the Auction Real Estate Sales Contract, along with the required earnest
deposit. Properly submitted offers will be presented to the Seller in a timely manner.
Seller may accept or reject such offer at their sole and absolute discretion.
When a pre-auction offer is submitted, all properly registered online bidders
will be notified that “an offer” has been submitted and on which specific
property, however the amount of the offer shall remain confidential. All
pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A
Referral Fee of 2% of the high bid is offered to a cooperating VA State
Licensed Real Estate Salesperson/Broker on any pre-auction offers that are
properly completed and submitted on the appropriate forms provided. Download
Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property
information.

TERMS & CONDITIONS: 10% Buyer’s Premium will be added
to final high bid to arrive at contract price. Earnest Money Deposit
of $5,000 is required on the day of sale. Close on
or before November 24th, 2025. Subject to seller
confirmation. Property sold as is, where is with any and all faults. Buyer is
expected to complete their own due diligence before placing a bid. Auction
starts ending at 4 PM on October 8th, 2025. Please note that
during the last two minutes of bidding, if a new bid is placed, the clock is
automatically extended an additional two minutes. Be sure to register to
bid early to ensure you receive notifications regarding any changes to the
Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder
Information Pack for complete terms and conditions, purchase contract and maps.