Residential Real Estate Auction

4 BR/1.5 BA Brick Home Centrally Located in the Arrowhead Development of Virginia Beach, VA

LOCATION!  LOCATION!  LOCATION! 

4 BR/1.5 BA brick ranch style home in the Arrowhead development -- Large updated kitchen and many other upgrades -- 2 outbuildings -- Centrally located near Norfolk, Chesapeake, Portsmouth & the Oceanfront!! -- Only minutes from I-64 & I-264

Only $200,000 Starting Bid!  

PUBLIC PROPERTY TOUR, Thursday, September 16th from 12:00 noon-3 pm at the property. 

No reservation required, come to have a look!  

When & Where:

Auction Day:  Thu, Sep 23rd @ 5:00PM EDT

Auction Location: On-Site at the property:

225 Cheyenne Road

Virginia Beach, VA 23462, US

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Real Estate Auction Partnership 

Blue Box Auction Gallery and Nicholls Auction Marketing Group (NAMG) have partnered together to bring you an excellent opportunity to own this fantastic property.  

NAMG specializes in real estate auctions since 1968.  Learn more about NAMG and this auction here

EXCELLENT PRIMARY RESIDENCE or INVESTMENT PROPERTY w/A WONDERFUL CENTRAL LOCATION!!

Live On-Site Auction w/Live Real Time Online Simulcast Bidding for Your Convenience!!

 

Property Tour:  Thursday, September 16 from 12:00 noon-3 pm. (No Reservations Required, Open to Public) 

Please contact Blue Box Auction Gallery 757-550-0285 or Inquiry@BlueBoxAuction.com for more information.

  • 4 BR/1.5 BA brick ranch/rambler style home on .19 +/- acre lot in Arrowhead subdivision

  • This home measures 1,612+/- sf. and features a large updated eat-in kitchen (all appliances convey); living room; seating area; former attached garage now converted into a den; attic

  • Hardwood flooring in living room & bedrooms (original)

  • Concrete driveway; walkway porch

  • 2 outbuildings

  • Heating:  forced air/gas; Cooling:  Central AC

  • Public utilities (water, sewer & gas)

  • Other features:  2 refrigerators & deep chest freezer convey; established area; close to Arrowhead Elementary & Kempsville High Schools

  • Internet provider:  Verizon FIOS, Cox also available 

  • LOCATION-LOCATION-LOCATION!!  This solid home is located in a desirable and quiet neighborhood, and is only minutes from I-64 & I-264, 6 miles from Norfolk International Airport, 7 miles from Norfolk, 9.5 miles from Portsmouth, 13 miles from Chesapeake & the Oceanfront and 15 miles from Naval Air Station Oceana!

  • Tax Maps:  146-701-26380-000; Zoning:  R7.5; Yearly real estate taxes:  $2,053.32; Home was built in 1961 & has brick exterior; WE GUARANTEE A FREE & CLEAR DEED

  • Only $200,000 Starting Bid!!

 

FOR REALTORS:  if you have been working with a Realtor, please have them click here and complete their broker participation form.  In order for the Realtor to be compensated, broker forms must be completed and submitted no later than 5 pm on 9/22/21, and all terms adhered to. 

Property Reports: 

Termite Inspection Report: 225 Cheyenne Road

Terms & Conditions of the Auction 

TERMS:  $15,000 deposit is due immediately after confirmation of final bid and the balance due at closing within 30-45 days (unless prior written arrangements have been made by contacting Blue Box Auction Gallery (757-550-0285).  There is a possibility of a lesser deposit if proof of pre-approved financing is presented prior to the auction.  

 

Deposits must be in the form of a cashier's check or certified check (from a US bank) made payable to yourself.   If you are the winning bidder, it will be signed over to the auction gallery escrow account for final settlement.  A 10% buyer's premium will be added to the final bid and will become a part of the final purchase price. Property sold in as-is condition and is not contingent upon buyer's financing, condition of property, appraisal, inspection, etc. 

 

Pre-approved (no later than 5 pm on 7/19/21) broker participation is compensated.

 

Auctioneer's Note: All information and dimensions were derived from sources believed to be correct, but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property. All auction day announcements take precedence over any previously printed material or any other oral statements made. We are happy to offer online/simulcast bidding for bidders who cannot physically attend the live auction event. Please understand and agree that online bidding will only be allowed if the buyer is physically NOT on site at the live auction. Online bidding will NOT be allowed if you are physically in attendance at the live auction event. 

Additional terms and conditions for online bidders can be found here on Nicholls Auction Marketing Group's website. 

When & Where:

1) Live, directly at the property address, Sept 23rd, 5 pm sharp. 

2) Online, simulcast on auction day, and details are here.

Auction Day: Thursday, Sep 23 @ 5:00PM EDT 

Auction Location: On-Site at the property:

225 Cheyenne Road

Virginia Beach, VA 23462

 

How to Bid:

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