0 16 School RdWellsville, OH 43968

For Sale
$1,025,100

509 acres, Columbiana & Jefferson Counties. Distressed sale.

Overview

Added:
Dec 11, 2024
Days on market:
92
This court-ordered auction presents a unique opportunity to acquire approximately 509 acres of land spanning Columbiana and Jefferson Counties, Ohio. The property comprises fifteen parcels totaling 495 acres in Columbiana County and one additional parcel exceeding 14 acres in Jefferson County. All parcels are contiguous, offering significant potential for various uses. The land is a mix of vacant and wooded areas. The sheriff's appraised value is $1,530,000, with a minimum opening bid of $1,025,100. A 10% buyer's premium will be added to the final bid. A $10,000 deposit (certified check or wire transfer) is required within 72 hours of the sale, with the full balance due within 30 days. The buyer is responsible for all closing costs. The sale is subject to confirmation and the property is sold "as is." A final viewing is available one hour before the auction, scheduled for Thursday, November 21, 2024, at 4:00 PM. Online bidding begins Thursday, October 31, 2024. If the property remains unsold, a second auction will be held on Thursday, December 5, 2024, at 4:00 PM, without a minimum bid requirement. The property is located at 21595 Sixteen School Road, Wellsville, OH 43968.

Highlights

  • Court-ordered auction of 509 acres of vacant and wooded land in Columbiana and Jefferson Counties, Ohio.
  • Live and webcast auction on Thursday, November 21, 2024, at 4:00 PM; online bidding starts October 31, 2024.
  • 15 contiguous parcels in Columbiana County (495 acres) and one in Jefferson County (14+ acres).
  • Property includes vacant and wooded acreage.
  • Sheriff's appraised value: $1,530,000; Minimum bid: $1,025,100; 10% buyer's premium; $10,000 deposit (certified check or wire transfer) due within 72 hours; full balance due within 30 days; buyer pays closing costs; "as-is" condition; final viewing one hour before auction; broker pre-registration required 48 hours in advance.

Property Details for 0 16 School Rd

Property type
Other land, Agricultural land
Lot Size (sq. ft)
22,172,040 SF

Location Insight

City
Wellsville
County
Columbiana
State
Ohio
Latitude
40.5925444
Longitude
-80.6695569
16 School Rd, Wellsville, Ohio

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0 16 School Rd
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