Valuable Residential Real Estate For Sale @ Online Auction
Bidding Closes April 29, 2025 @ 1:00 PM
In partnership with Mountain Valley Auctions, we are offering at online auction the real estate and improvements located at 109 Villa Rd, Newport News VA 23601. This 4 bedroom, 2 bath brick cape cod home sits on a 0.3 +/- acre lot in the Warwick on the James neighborhood of Newport News. This property is conveniently located within walking distance of the James River and just a few blocks away from shopping and restaurants along Warwick Blvd (US Rt 60). This house features 1,957 sq ft of living space with a small, attached garage.
Click Here For Property Video Overview
Located just outside the bustling I-64 and Rt 60 corridors this property offers easy access to all the amenities of Newport News and the Tidewater VA area with a relatively short commute to Williamsburg, Norfolk, Chesapeake, Virginia Beach, and about an hour to Richmond VA. At the same time it is nestled in a quiet neighborhood near the James River and the Mariners Lake Natural Area, with lots of natural beauty and wildlife. In fact, step into the backyard behind this charming Cape Cod and you will find a brick patio and formal garden designed with native azaleas and other perennials that offers a quiet respite after a busy day. Fortunately, there are no HOA fees or restrictions in this R2 zoned neighborhood. Whatever your needs, this property would be a great place to come home to.
Click Here For A 3D Tour of the House
This home has been in the same family since it was constructed by our seller's father in 1950. Legend has it, that it was the first home on the peninsula to be designed and built with central air conditioning. We have the drawings and photos of the build. Over the years since, it has had an updated HVAC installed with heat pump (new motor recently) and Buderus oil fired hot water boiler (Approx. 5 years ago). The house is obviously in need of some cosmetic updates, but appears to be structurally sound and is currently being lived in. It is served by municipal water and sewer. Appliances convey with the house. Our seller is downsizing to a more manageable living situation and has instructed us to sell this property at public auction. This is not a foreclosure auction. Our seller has elected to use transparent and competitive bidding to establish the sales price of this home. Don't miss this great opportunity to own a solid home in a very desirable neighborhood.
All Bids Must Be Submitted Online. Click The "Bid Online Now" Button To See Property Details and To Bid.
Sale is hosted by Mountain Valley Auctions. Registered customers of Walnut Hill Auctions will need to register and create a log in for Mountain Valley Auctions at MountainValleyAuctions.com in order to bid.
The bidding for this property will close at 1:00 PM April 29, 2025 with a two minute auto extend. This means that if a bid is placed within the last two minutes the bidding will be extended for an additional two minutes.
This property is being Sold Subject To Seller Confirmation With A Starting Bid of $50,000
Property Tours: 4 PM Friday April 11 and 4 PM Wednesday April 23 or at other dates and times by appointment. Please Call or Text Linford Berry - 540-476-3309 or Carolyn Extine - 757-846-8620 for more information or for an appointment to see the property.
Property Highlights:
- Spacious 0.3 +/- Acre Lot In Warwick on the James
- Home Built In 1950
- Zoned R2
- This Property Is Not In An HOA
- Within 1 Mile of Mariners Lake, James River, Hilton Fishing Pier and Other Attractions
- 1,957 +/- Sq Ft Of Living Space
- 4 Bedrooms, 1 Full Bath, 1 Half Bath Plus Shower Room
- Hardwood and Tile Floors
- Fireplace
- Small Attached Garage
- Lots Of Unfinished Attic Storage Areas
- Appliances Convey
- Oil Hot Water Furnace, Heat Pump, Central AC
- Multi-level Brick Patio
- Formal Garden In Backyard
- Municipal Water and Sewer
- 200 Amp Electrical Service From Dominion Energy
- 2025 Tax Assessed Value $336,300
Additional Information, Photos, And Video Can Be Found At The Tab Or Dropdown Menu At The Top Of This Page or By Clicking The “Bid Online Now” Button.
Terms and Conditions:
- WE GUARANTEE A FREE AND CLEAR DEED TO THE PROPERTY
- This property is being sold in AS-IS condition with no financing/appraisal/inspection contingencies. Bidders are strongly encouraged to inspect the property themselves and/or enlist the assistance of professional inspectors or contractors in evaluating the condition and value of the property. All inspections must be performed prior to the auction.
- Buyers Premium: There will be a 10% Buyers Premium added to the high bid to determine total contract purchase price. (For example a 100,000 bid would have a buyers premium of $10,000 added for a total purchase price of $110,000).
- Payment Terms: Payment will be in the form of Cash or Cash Equivalent with a $15,000 non-refundable deposit due the day of the auction (within 24 hours for online bidders at a distance) and the balance due at closing between 30-45 days from auction date. Deposit will be applied to the purchase price at closing. Please do not bid if you are not able to close within 45 days.
- Financing can be obtained for the property, but the sale is not contingent upon obtaining financing.
- All information provided by Mountain Valley Auction Group was obtained from sources believed to be reliable but are not guaranteed. Buyer shall rely on their own information, judgment, and inspection of the property.
- View the sample purchase agreement and complete terms under the "Docs" tab or drop down menu at the top of the page under the photo.
Note For Real Estate Agents: Preapproved (No later than 5:00 PM on April 28) buyers agent participation will be compensated. Click Here For Form
