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Property Descriptions (from Iron Horse Auction Co.)

Auction Lot #1
Vacant Lot on Buckeye Ridge Road,Beech Mountain, NC; Chestnut Falls Lot 1A and also known as Buckeye Gap Lot372; Avery County; PIN 1940-05-29-2054; Deed 377, Page 1846, Plat Book 5, Page82; Tax Value $5,800.00. HOA Dues are approximately $250.00 per year per lot.  All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due. 

Auction Lot #2
Vacant Lot on Buckeye Ridge Road,Beech Mountain, NC; Chestnut Falls Lot 1B and also known as Buckeye Gap Lot373; Avery County; PIN 1940-05-28-3925; Deed 377, Page 1846; Plat Book 5, Page82; Tax Value $5,800.00. HOA Dues are approximately $250.00 per year per lot.  All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due  

Auction Lot #3
Vacant Lot on Buckeye Ridge Road,Beech Mountain, NC; Chestnut Falls Lot 1C and also known as Buckeye Eye Gap Lot374; Avery County, PIN 1940-05-28-3886; Deed 377 Page 1846; Plat Book 5, Page82; Tax Value $5,800.00. HOA Dues are approximately $250.00 per year per lot.  All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #4
Vacant Lot on Buckeye Ridge Road,Beech Mountain, NC; Chestnut Falls Lot 1D and also known as Buckeye Gap Lot375; Avery County, PIN 1940-05-28-4736; Deed 377, Page 1846; Plat Book 5, Page82; Tax Value $5,800.00. HOA Dues are approximately $250.00 per year per lot.   All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #5
Vacant Lot on Buckeye Ridge Road,Beech Mountain, NC; Chestnut Falls Lot 1E and also known as Buckeye Gap Lot376; Avery County, PIN 1940-00-28-5742; Deed 377, Page 1846; Plat Book 5, Page82; Tax Value $5,800.00. HOA Dues are approximately $250.00 per year per lot.   All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #6
2.55+/- Acre Vacant Lot on Round Mountain Parkway and Walnut Ridge Drive, Lenoir, NC, Caldwell County; Being Lot5 in The Coves at Round Mountain; Deed 1730, Page 386; Tax Value $76,400.00.HOA dues are $700.00 per lot per year. All back taxes, dues and/or assessments will be paid by the seller; All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #7
2.155+/- Acre Vacant Lot on Skyview St., Deep Gap, NC, Watauga County;*****Sold Prior To Auction**** 

Auction Lot #8            
1.083+/- Acre Vacant Lot on Skyview St. Deep Gap, NC, Watauga County; ****Sold Prior To Auction****

Auction Lot #9
2.06+/- Acre Vacant Lot on Stony Creek Way, Boone, NC, Watauga County; Lot 3, Phase IV of Heavenly Mountain; PIN2849-13-7265-000; Deed 1422, Page 469, Plat Book 013, Page 128; Tax Value $292,400.00.HOA dues are approximately $787.50 per lot per quarter. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #10
1.419+/- Acre Vacant Lot on Ledgestone Lane, Boone, NC, Watauga County; Lot 9 in Boulder Creek; PIN1899-98-8199-00; Deed Book 1422, Page 444; Plat Book 18, Page 101; Tax$136,300.00. HOA dues amount is not known. There is a one time $500.00 capital contribution due per lot. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #11
2.795+/- Acre Vacant Lot on Boulder Creek Drive, Boone, NC, Watauga County; Lot 3 Boulder Creek; PIN2809-08-404-00; Deed 1422, Page 448, Plat Book 18, Page 101; Tax Value$145,000. HOA dues amount is not known. There is a one time $500.00 capital contribution due per lot.  All back taxes, dues and/or assessments will be paid by the seller. All current taxes,dues and/or assessments will be prorated at closing, if any due 

Auction Lot #12
23.56+/- Vacant Acres, in Titus Ridge, Fleetwood, NC, Ashe County; PIN 15239-042; Deed Book 431, Page 2389; Tax Value $228,900.00. May be subject to HOA dues and restrictions. All back taxes,dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due, There is a proposed public highway that may affect this property at a future date.

Auction Lot #13
9.27+/- Total Vacant Acres, in Titus Ridge, Fleetwood, NC, Ashe County; consisting of two lots of 8.428 +/-Acres and .842+/- Acres; Deed Book 431, Page 2389; Tax Value $92,700.00; PIN's15239-182 and 15239-197; May be subject to HOA dues and restrictions. All back taxes, dues and/or assessments will be paid by the seller; All current taxes,dues and/or assessments will be prorated at closing, if any due. There is a proposed public highway that may affect this property at a future date.There is a proposed public highway that may affect this property at a future date. 

Auction Lot #14
2.019+/- Acre Vacant Lot, being Lot 1 in Titus Ridge, Fleetwood, NC, Ashe County; Deed Book 431, Page 2389;Plat Book 6, Page 499; PIN 15239-042-001. Tax Value $60,000.00. HOA dues are approximately $250.00 per lot per year. There is also an impact fee when building on the lot. It is $500.00 if the road in the subdivision is gravel or$1,500.00 if the road is paved. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due. There is a proposed public highway that may affect this property at a future date.

Auction Lot #15
1.368+/- Acre Vacant Lot, being Lot 2 in Titus Ridge, Fleetwood, NC, Ashe County; Deed Book 431, Page 2389;Plat Book 6, Page 499; PIN 15239-042-002; Tax Value $60,000.00. HOA dues are approximately $250.00 per lot per year. There is also an impact fee when building on the lot. It is $500.00 if the road in the subdivision is gravel or$1,500.00 if the road is paved. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due. There is a proposed public highway that may affect this property at a future date. 

Auction Lot #16
1.745+/- Acre Vacant Lot, being Lot 5 in Titus Ridge, Fleetwood, NC, Ashe County; Deed Book 431, Page 2389;Plat Book 7, Page 197; PIN 15239-042-005; Tax Value $95,000.00. HOA dues are approximately $250.00 per lot per year. There is also an impact fee when building on the lot. It is $500.00 if the road in the subdivision is gravel or$1,500.00 if the road is paved. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due, There is a proposed public highway that may affect this property at a future date. 

Auction Lot #17

3.572+/- Acre Vacant Lots, being Lot's 7,8& 9 in Titus Ridge, Fleetwood, NC, Ashe County; Deed Book 431, Page 2389;Plat Book 6, Page 499; PIN 15239-042-007, 15239-042-008 and 15239-042-009; Tax Value $130,000.00. HOA dues are approximately $250.00 per lot per year. There is also an impact fee when building on the lot. It is $500.00 if the road in the subdivision is gravel or $1,500.00 if the road is paved. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due. There is a proposed public highway that may affect this property at a future date.

Auction Lot #18
1.55+/- Acre Vacant Lot, being Lot11 in Titus Ridge, Fleetwood, NC, Ashe County; Deed Book 431, Page 2389; Plat Book 6, Page 499; PIN 15239-042-011; Tax Value $55,000.00. HOA dues are approximately $250.00 per lot per year. There is also an impact fee when building on the lot. It is $500.00 if the road in the subdivision is gravel or $1,500.00if the road is paved. All back taxes, dues and/or assessments will be paid by the seller. All current taxes,dues and/or assessments will be prorated at closing, if any due. There is a proposed public highway that may affect this property at a future date. 

Auction Lot #19
1.521+/- Acre Vacant Lot, being Lot 12 in Titus Ridge, Fleetwood, NC, Ashe County; Deed Book 431, Page 2389;Plat Book 6, Page 499; PIN 15239-042-012; Tax Value $45,000.00. HOA dues are approximately $250.00 per lot per year. There is also an impact fee when building on the lot. It is $500.00 if the road in the subdivision is gravel or$1,500.00 if the road is paved. All back taxes, dues and/or assessments will be paid by the seller; All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #20
2+/- Vacant Acres off Three Top Rd, Todd, NC, Watauga County; Deed Book 422, Page 160; Parcel #'s 04122-274/04122-275; Total Tax Value $45,000.00. Any HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes,dues and/or assessments will be prorated at closing, if any due 

Auction Lot #25
1.278+/- Vacant Acres at 246 Windy Acres Ridge Rd., Fleetwood, NC, Ashe County; Parcel # 15235-316; Deed 419, Page1793; Plat Book 7, Page 100; Tax Value $20,000.00. Any HOA dues are not known.All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #26
.77+/-Acre Vacant Lot, Lot 15 in  Millers Creek Subdivision on Millers Crossing Drive, Millers Creek, NC, Wilkes County; PIN 3848-17-9384; Deed 1111, Page 437; Tax Value $19,560.00. Any HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing,if any due 

Auction Lot #27
.96+/- Acre Vacant Lot, Lot 16 in Millers Crossing Creek Subdivision on Millers Crossing Drive, Millers Creek,NC, Wilkes County; PIN 3848-27-0279; Deed 1111, Page 437; Tax Value $21,660.00.Any HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #28
Vacant Lot 6, Magnolia Place,North Wilkesboro, NC, Wilkes County; PIN 3858-79-9244; Deed 1137, Page 166; Tax Value $25,000.00. HOA dues are approximately $85.00 per lot per month for vacant lots and $168.00 per lot per month for developed lots. All back taxes,dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #29
Vacant Lot 7, Magnolia Place,North Wilkesboro, NC, Wilkes County; PIN 3858-89-0320; Deed 1137, Page 166; Tax Value $25,000.00. HOA dues are approximately $85.00 per lot per month for vacant lots and $168.00 per lot per month for developed lots All back taxes,dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #30
Vacant Lot 8, Magnolia Place,North Wilkesboro, NC , Wilkes County; PIN 3858-89-1317; Deed 1137, Page 166,Tax Value $25,000.00. HOA dues are approximately $85.00 per lot per month for vacant lots and $168.00 per lot per month for developed lots All back taxes,dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #31
Vacant Lot 10, Magnolia Place,North Wilkesboro, NC, Wilkes County; PIN 3858-89-2113; Deed Book 1137, Page166; Tax Value $25,000.00. HOA dues are approximately $85.00 per lot per month for vacant lots and $168.00 per lot per month for developed lots All back taxes, dues and/or assessments will be paid by the seller. All current taxes,dues and/or assessments will be prorated at closing, if any due 

Auction Lot #32
Vacant Lot 11, Magnolia Place,North Wilkesboro, NC, Wilkes County; PIN 3858-89-1028; Deed 1137, Page 166; Tax Value $25,000.00. HOA dues are approximately $85.00 per lot per month for vacant lots and $168.00 per lot per month for developed lots All back taxes,dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #34
1.9+/- Acres on Falls Rd.,Moravian Falls, NC, Wilkes County; PIN 3855-38-8755; Deed 1111, Page 438; Tax Value $14,700.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #35
3.7+/- Vacant Acres on Parker Lane, Moravian Falls, NC, Wilkes County; PIN 3855-48-7085; Deed 1111, Page 438;Tax Value $36,000.00; HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #36
.39+/- Acre Vacant Lot, Chase Downs 6 Lot 35, Moravian Falls, NC, Wilkes County; PIN 3855-48-2798; Tax Value$18,900.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #37
.37+/- Acre Vacant Lot on Parker Lane, Moravian Falls, NC, Wilkes County; PIN 3855-48-1768; Tax Value$18,700.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #38
.39+/- Acre Vacant Lot, on Parker Lane, Chase Downs 6 Lot 33, Moravian Falls, NC, Wilkes County; PIN3855-48-0669; Deed 1111, Page 438; Tax value $18,900.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #39
.39+/- Acre Vacant Lot, on Parker Lane, Chase Downs 6 Lot 32, Moravian Falls, NC, Wilkes County; PIN3855-48-1642; Deed 1111, Page 438; Tax Value $18,900.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller; All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #40
.41+/- Acre Vacant Lot, on Parker Lane, Chase Downs 6 Lot 31; Moravian Falls, NC, Wilkes County; PIN3855-48-2558; Deed 1111, Page 438; Tax Value $19,100.00. HOA dues are not known.  All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #41
.47+/- Acre Vacant Lot, on Parker Lane, Chase Downs 6 Lot 30, Moravian Falls, NC, Wilkes County; PIN3855-48-3544; Deed 1111, Page 438; Tax Value $19,700.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #42
.44+/- Acre Vacant Lot, on Parker Lane, Chase Downs 6 Lot 28, Moravian Falls, NC, Wilkes County; PIN3855-48-5425; Deed 1111, Page 438; Tax Value $19,400.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #43
.4+/- Acre Vacant Lot, Chase Downs6 Lot 27, Moravian Falls, NC, Wilkes County; PIN 3855-48-6412; Deed 1111, Page438; Tax Value $19,000.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #44
.51+/- Acre Vacant Lot, Chase Downs Sec 5 Lot 26; Moravian Falls, NC, Wilkes County; PIN 3855-57-1907; Deed1111, Page 438; Tax Value $20,050.00. HOA dues are not known. All back taxes,dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #45
.44+/- Acre Vacant Lot, Chase Downs Sec 5 Lot 24, Moravian Falls, NC, Wilkes County; PIN 3855-58-3129; Deed1111, Page 438; Tax Value $19,400.00. HOA dues are not known. All back taxes,dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #46
1.3+/- Acre Vacant Lot on Samuel Circle, Moravian Falls, NC, Wilkes County; PIN 3855-58-0893; Deed 1111, Page438; Tax Value $24,000.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #47
.55+/- Acre Vacant Lot, Chase Downs Sec 4 Lot 18, Moravian Falls, NC, Wilkes County; PIN 3855-48-9218; Deed1111, Page 438; Tax Value $18,220.00. HOA dues are not known. All back taxes,dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #48
3.5+/- Vacant Acres on Parker Lane, Moravian Falls, NC, Wilkes County; PIN 3855-48-6824; Deed 111, Page 438;Tax Value $35,000.00. HOA dues are not know. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #49
1.9+/- Acre Vacant Lot, Lot 5 of Five Springs Subdivision, Moravian Falls, NC, Wilkes County; PIN 3863-28-4789;Deed 1099, Page 400; Tax Value $53,900.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes,dues and/or assessments will be prorated at closing, if any due 

Auction Lot #50
1.9+/- Acre Vacant Lot, Lot 4 of Five Springs Subdivision, Moravian Falls, NC, Wilkes County; PIN 3863-28-4938;Deed 1099, Page 400; Tax Value $55,000.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes,dues and/or assessments will be prorated at closing, if any due 

Auction Lot #51
1.3+/- Acre Vacant Lot, Lot 3 in Five Springs Subdivision, Moravian Falls, NC, Wilkes County; PIN 3863-29-3104;Deed 1099, Page 400; Tax Value $47,300.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes,dues and/or assessments will be prorated at closing, if any due 

Auction Lot #52
34.56+/- Acres Vacant Off Cove Rd., Moravian Falls, NC Alexander County; PIN 3863-25-7686; Deed 534, Page1236; Tax Value $47,745.00. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #53
10+/- Vacant Acres, being Lot 37in Timber Ridge; Ferguson, NC, Wilkes County; PIN 2897-21-4602; Deed 1131, Page179, Tax Value $175,000.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #54
1.861+/- Acre Vacant Lot on Mossy Creek Court, Lot 37 in Boulder Creek, Boone, NC, Watauga County; PIN2809-09-3707-000; Deed Book 1512, Page 142; Tax Value $111,500.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller.  All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #55
2.001+/- Acre Vacant Lot on River Stone Dr., being Lot 20 in River Stone, Peak Creek, NC, Ashe County; PIN14408-228-020; Deed 426, Page 1842; Plat Book 7, Page 257; Tax Value$65,000.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #56
2+/- Acre Vacant Lot on River Stone Dr., being Lot 18 in River Stone, Peak Creek, NC, Ashe County; PIN1408-228-018; Deed 426, Page 1842; Tax Value $65,000.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller. All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #57
1.008+/-  Vacant Acres on Creekside Meadows Dr., Fleetwood, NC, Ashe County; PIN 15239-300; Deed 437, Page 1178; Tax Value $40,000.00. HOA dues are not known. All back taxes, dues and/or assessments will be paid by the seller.All current taxes, dues and/or assessments will be prorated at closing, if any due 

Auction Lot #59.52+/- Acres, Hidden Mountain; North Hidden Mountain Ln.; Ashe County; PIN 01361-019-070; Plat Lot 31
Auction Lot #602.5+/- Acres Hidden Mountain; Daisy Mountain Rd.; Ashe County; PIN 1829-004-017; Plat Lot 17; Near North Fork New River 
Originally published: 2013-01-29 16:57:27
Last modified: 2013-01-29 17:00:32

More than 50 area bank-owned properties to be auctioned

by Anna Oakes

Iron Horse Auction Co. plans to auction off more than 50 properties in northwestern North Carolina currently owned by Yadkin Valley Financial Corp. beginning Feb. 6 and concluding Feb. 13.


The properties to be auctioned include lots in Watauga, Avery, Ashe, Caldwell, Wilkes and Alexander counties. With no minimum price requirements, the lots will be sold as is, free and clear of all liens, with all taxes paid up to the day of closing.


Bidding through the auction company's website begins at 8 a.m. Feb. 6 and ends at 2 p.m. Feb. 13. Buyers may bid in person on Wednesday, Feb. 13, beginning at 1 p.m. at the Town of Wilkesboro Civic Center, located at 1241 School St. in Wilkesboro.


Properties sold at the auction must be transferred and closed by March 20 at 5 p.m. A 20 percent deposit by bank wire or cashier's check is due within 24 hours after the end of the auction. A 7 percent buyer's premium will be added to the high bid price to determine the final auction contract purchase price.


The auctions are part of an accelerated disposition of problem assets to improve the quality of the bank's balance sheet that began in 2012, according to a recent press release from the bank. Boone's High Country Bank is a division of Yadkin Valley Bank and Trust Co.


To view maps, deeds and tax cards and to register to bid, visit  http://tinyurl.com/bankauctions.