NOTICE OF PUBLIC AUCTION

SPECIAL COMMISSIONER’S SALE OF REAL ESTATE
CITY OF FREDERICKSBURG, VIRGINIA

Pursuant to the terms of those certain Decrees of Sale and Appointments of Special Commissioner entered in the Circuit Court of City of Fredericksburg, the undersigned Special Commissioners of Sale will offer for sale at public auction the following described real estate at the City of Fredericksburg City Council Chambers located at 715 Princess Anne Street, Fredericksburg, Virginia, 22401 on Thursday, May 31, 2018 at 1:00pm, or as soon thereafter as may be had.  The sale of such property is subject to the terms and conditions below and any such additional or amended terms and conditions announced on the day of the auction.  Announcements made on the day of the auction take precedence over any prior written or verbal terms of sale.  Parcels may be sold individually or grouped together as a package, as determined and announced by the Special Commissioner of Sale.  Parcels grouped together may be offered at a premium over the individual bid prices.  Click here for more information concerning the properties to be sold.

For an interactive map and drone footage of the properties offered for sale, please click here.  

 

 

 

No. Property Owner and TACS No.

 

Account Nos. Description

 

1. Celebrate Virginia South, LLC
TACS No. 225499andCelebrate Virginia South, LLC
TACS No. 116939
GPIN No. 7769-58-6534
Tax Map No. 312-A-P6EGPIN No. 7769-68-0346
Tax Map No. 312-A-P7
Gordon W. Shelton Blvd; Near Realtor Office; 1.25 Acres, More or Less

 

Gordon W. Shelton Blvd; Carl D. Silver Pkwy; 3.02 Acres, More or Less

2. CVAS Properties, LLC
TACS No. 288074

[REDEEMED]

and

 

Celebrate Virginia South, LLC
TACS No. 225499

[REMOVED]

GPIN No. 7769-68-4260
Tax Map No. 312-2-P1F
 

 

GPIN No. 7769-68-6160
Tax Map No. 312-2-P1K

Gordon W. Shelton Blvd; Carl D. Silver Pkwy; Near Credit Union; 0.25 Acre, More or Less

 

Carl D. Silver Pkwy; Fall Hill Avenue; Right of Way; 1.66 Acres, More or Less

3. CVAS Properties, LLC
TACS No. 288074

[REDEEMED]

and

 

Celebrate Virginia South, LLC
TACS No. 225499

[REMOVED]

GPIN No. 7769-78-7674
Tax Map No. 312-2-P5C
 

 

GPIN No. 7769-78-4900
Tax Map No. 312-A-5F

Hospitality Lane; Fall Hill Avenue; Near Wegmans; 2.72 Acres, More or Less

 

Hospitality Lane; Near Hotels; Right of Way; 1.60 Acres, More or Less

4. Celebrate Virginia South, LLC
TACS No. 225499
GPIN No. 7860-80-0703
Tax Map No. 312-A-2A
Carl D. Silver Pkwy; North of Expo Conference Center; 9.00 Acres, More or Less
5. Celebrate Virginia South, LLC
TACS No. 225499
GPIN No. 7860-70-3653
Tax Map No. 312-A-2B
Carl D. Silver Pkwy; North of Expo Conference Center; 6.30 Acres, More or Less
6. Celebrate Virginia South, LLC
TACS No. 116939
GPIN No. 7860-70-2035
Tax Map No. 312-A-2C
Carl D. Silver Pkwy; Near Expo Conference Center; 1.29 Acres, More or Less
7. CVAS Properties, LLC
TACS No. 408123

and

 

Celebrate Virginia South, LLC
TACS No. 365851

[REDEEMED]

GPIN No. 7769-88-0831
Tax Map No. 312-A-P5D 

GPIN No. 7769-89-0275
Tax Map No. 312-A-P5E

Hospitality Lane; Near Fall Hill Avenue; Near Hotels; 1.78 Acres, More or Less

 

Carl D. Silver Pkwy; Hospitality Lane; Near Hotels; 2.28 Acres, More or Less

8. CVAS Boulevard, LLC
TACS No. 322977
GPIN No. 7769-59-5101
Tax Map No. 312-A-P6F
Gordon W. Shelton Blvd; Haven Terrace; Near Credit Union; 1.87 Acres, More or Less
9. Celebrate Virginia South, LLC
TACS No. 116939
GPIN No. 7769-49-5130
Tax Map No. 312-A-P6
Gordon W. Shelton Blvd; Near Haven Terrace; 25.97 Acres, More or Less
10. CVAS 2, LLC
TACS No. 117782
GPIN No. 7860-40-5307
Tax Map No. 312-A-P8
Gordon W. Shelton Blvd; North of Haven Terrace; 55.43 Acres, More or Less
11. CVAS Boulevard, LLC
TACS No. 322977
GPIN No. 7860-50-3126
Tax Map No. 312-A-P8A
Gordon W. Shelton Blvd; North of Haven Terrace; 7.58 Acres, More or Less
12. Celebrate Virginia South, LLC
TACS No. 116939
GPIN No. 7860-62-2096
Tax Map No. 312-A-PA1R
Gordon W. Shelton Blvd; Live Concert Area; 35.86 Acres, More or Less
13. CVAS Parkway, LLC
TACS No. 116940
GPIN No. 7769-69-0025
Tax Map No. 312-A-P4A
Gordon W. Shelton Blvd; Near Carl D. Silver Pkwy; 4.63 Acres, More or Less
14. CVAS Parkway, LLC
TACS No. 116940
GPIN No. 7860-50-7578
Tax Map No. 312-A-P4
Gordon W. Shelton Blvd; Near Live Concert Area; 21.81 Acres, More or Less
15. Celebrate Virginia South, LLC
TACS No. 225499
GPIN No. 7769-69-0891
Tax Map No. 312-A-PA1
Carl D. Silver Pkwy; Central Berm Area; 21.47 Acres, More or Less
16. CVAS Parkway, LLC
TACS No. 116940
GPIN No. 7860-60-7626
Tax Map No. 312-A-P12
Carl D. Silver Pkwy; Northwest of Expo Conference Center; 18.02 Acres, More or Less

 

Bidding by telephone will be permitted, at the discretion of the Special Commissioner of Sale, provided that the interested bidder has notified the Special Commissioner of Sale and provided an irrevocable letter of credit in the amount of One Hundred Thousand Dollars ($100,000.00) from a financial institution.  Such notification and letter of credit must be received at the address shown below at least seven (7) days prior to the auction date.  That is, the notification and letter of credit must be received by 5:00pm on Thursday, May 24, 2018.  Upon receipt and approval, the Special Commissioner of Sale will contact the interested bidder and provide the telephone number to be used for bidding.Sealed bids will be permitted if received by the Special Commissioner of Sale at the address shown below at least seven (7) days prior to the auction date.  That is, sealed bids must be received by 5:00pm on Thursday, May 24, 2018.  Sealed bids must be accompanied by an irrevocable letter of credit from a financial institution, indicating that the bidder has committed available funds in the amount of One Hundred Thousand Dollars ($100,000) for each auction item in which bids are submitted.  Sealed bid envelopes must be delivered to the address shown below and conspicuously labeled with “City of Fredericksburg, CVAS Auction Sealed Bid” and must indicate the specific parcel(s) corresponding to the bid to ensure proper receipt.  Bidding will begin at the live auction in the amount of the highest sealed bid which has been timely received.TERMS OF SALE:  The highest bidder shall deposit twenty-five percent (25%) of the winning bid price.  Deposits shall not exceed One Hundred Thousand Dollars ($100,000.00) per parcel or package.  Such sum shall be held by the Special Commissioner of Sale and credited towards the purchase price following confirmation of the sale.  A buyer’s premium of five percent (5%) of the winning bid price will be added to the final bid to determine final contract price and the buyer’s premium must be paid concurrently with the aforementioned deposit.  The deposit and buyer’s premium shall be made in the form of a cashier’s check or other form of certified funds.  No cash, personal checks, or credit cards will be accepted.

This sale is subject to confirmation by the Circuit Court of the City of Fredericksburg, Virginia.  The balance of the purchase price and the deed recordation costs shall be deposited by the highest bidder with the Special Commissioner of Sale within fifteen (15) days of confirmation of the sale by the Court and the winning bidder will be notified of the same.  The Special Commissioner of Sale has the right to reject any bids determined to be unreasonable in relation to the estimated value of the property.  The property will be conveyed by Special Warranty Deed, subject to any easements, covenants, agreements, restrictions, reservations, and any and all rights of record which may affect the subject property.  For more information about the property to be sold visit http://fredericksburg.taxva.com.

The subject property is offered for sale as-is, with all faults and without any warranty, either expressed or implied.  The properties offered for sale are located within the Celebrate Virginia South Community Development Authority (CDA). Persons are encouraged to make a visual inspection of the property within the limits of the law and to obtain an independent title search and appraisal prior to bidding on the property.  Bidders are strongly encouraged to make their own inspection to determine the suitableness of the property and it is assumed that all bidders will perform due diligence prior to the day of the auction.  Any costs incurred by the bidder to inspect the property and prepare for bidding are at the expense of the bidder and are non-refundable.

Questions concerning the property subject to sale or the tax sale process should be directed to TACS online at www.taxva.com, by email to taxsales@taxva.com, or by phone to (804) 545-2377 or (804) 545-2500.

John A. Rife, Esq.
Jeffrey A. Scharf, Esq.
Mark K. Ames, Esq.
Andrew M. Neville, Esq.
Special Commissioners of Sale
Taxing Authority Consulting Services, PC
P.O. Box 31800
Henrico, Virginia  23294-1800