Charlotte County, Virginia
Real Estate Auction
Russell O. Slayton, Jr., Special Commissioner
Offered in 3 Land Tracts, 3 Timber Tracts and in Any Combination
Tax Map 35-A-74
Poor House Farm contains 511.35± contiguous acres in Charlotte County, Virginia and is zoned General Agricultural. The tract is in a beautiful rural setting and has approximately 20 percent open land with the balance being wooded. At the farm entrance is a large section of tillable land and there are scattered hay fields and meadows throughout. The wooded portions contain predominantly 40 year old Loblolly Pine with pockets of Upland Hardwoods. Cub Creek fronts along approximately half of the total boundary. The property has beautiful rolling topography, has been well cared for and is under forest management.
This sale is subject to an agricultural lease with the tenant having until December 31, 2018 for harvesting all crops. The sale is further subject to a cell tower ground lease with the current owners retaining the income. The leased area for the cell tower is 100' X 100' or 0.23± acre, along with access and utility easements as shown on the survey.
Tract 2: In 2016 approximately 40 acres of the land was replanted in pine seedlings. The owners received a reforestation subsidy through the Commonwealth of Virginia, Department of Forestry (Vdof). Under terms of the subsidy, Vdof could require reimbursement of the reforestation subsidy if the replanted trees were removed. Vdof reimbursement will not be required unless the purchaser removes the new plantation and if required, the amount of the reimbursement will total approximately to which penalty and interest could be added.
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Agent will be on-site: Thursdays, September 20 and 27 from 3- 5 Pm
Auction Date: Wednesday, October 3, 2018, 3:00 Pm
Property Address: 1289 Poor House Rd. Phenix, VA 23959
Auction Location: Board meeting room in the Charlotte County Administration Building - 250 LeGrande Avenue, Charlotte Court House, Virginia 23923