The W. F. Keith Estate, consisting of 2 homes, large shop, and outbuildings on 16± unrestricted acres, will be offered in four individual tracts, providing excellent opportunities for homeowners, investors, or those seeking recreational property in beautiful Cherokee County, Alabama.
Tract 1 features a 1993 double-wide manufactured home with an outbuilding situated on approximately 10± acres. The property is mostly wooded and is improved with power, public water, and a septic system, offering privacy and room to expand.
Tract 2 consists of approximately 3± acres and includes a metal shop with power, public water, and a septic system. This tract offers an excellent setup for a workshop, storage, or future homesite. (Partially burnt home is on this tract)
Tract 3 offers an older single-wide manufactured home situated on approximately 1.1± acres with power, public water, and a septic system already in place.
Tract 4 consists of approximately 2± acres with power, public water, and a septic system. With no existing structures, this tract is ready for your new home, cabin, or investment.
Conveniently located less than 10 minutes from beautiful Weiss Lake and Historic Cornwall Furnace, and less than 20 minutes from Little River Canyon National Preserve, these tracts offer the perfect combination of country living and easy access to some of Northeast Alabama's most popular outdoor attractions.
This estate auction is being held by the decision of the Administrator of the W. F. Keith Estate. Final approval must be confirmed by the Probate Court of Cherokee County, Alabama.
Auction Site: On location at 2601 County Road 41, Gaylesville, Alabama.
Directions: From Cedar Bluff, at the intersection of AL-9 and AL-68, take AL-68 toward Gaylesville for 2.3 mi and turn left onto Cherokee County 75 (Harton's Grocery). Go 1.7 mi and turn right onto Cherokee County 41, travel 2.6 mi and driveway will be on the left.
Preview: You may schedule a preview of homes and property by contacting our office.
Registration: Registration will begin at 8 AM on sale day. All interested persons must register to bid prior to bidding.
Terms: There is a 10% buyer’s premium on the real estate that will be added to the purchaser’s bid to arrive at the final bid price. The ten percent (10%) buyer's premium is due on the day of auction for the real estate and will serve as the deposit. The deposit will be held in escrow until closing. Balance is due at closing. The closing will be held within 30 days of court's approval. This sale is not contingent on a potential buyer’s ability to obtain financing.
There is a 11% buyer’s premium on all online bids for the real estate that will be added to purchaser’s bid to arrive at the final bid price.
There is a 10% Buyer’s Premium on all personal property items. All applicable sale taxes will be charged unless buyer has Tax Exempt status. All personal property items are to be PAID in FULL on the day of auction and prior to removal.
There is a 13% Buyer’s Premium on all online bids for personal property items that will be added to Purchaser’s bid to arrive at the final bid price.
All properties are being sold "AS IS" without any warranties, guarantees, or promises.
Survey: A new survey will be performed on the property. A survey fee will be due and payable on the day of the auction.
Forms of Payment: Cash, Check, and Wire Transfer ($15 fee for wire transfer). All Credit/Debit Cards (Visa, Master Card, Discover, & American Express) are accepted with a 4% fee for in person or online purchases.
ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY ORAL, PRINTED, or PUBLISHED INFORMATION.
