This .16 acre residential lot is located on North School Street in Dermott, Arkansas, in Chicot County.  We do NOT charge a buyer's premium.  Buyer's total is the winning bid plus closing costs (see below) - there are NO additional costs or hidden fees.

Statement Regarding the Trailer: The most recent Google Maps photos show a white trailer in the center of the property.  We are a New York-based company and have not been out to inspect the property.  We make no guarantees regarding the status of the trailer.  We recommend speaking with an attorney to know your legal rights.  He/she may inform you that you own any personal property left on the land.  Or perhaps you may be advised to send legal notice to adjacent landowners informing them that they have a certain number of days to remove any and all abandoned property or forfeit it to you, the new parcel owner.  This is all speculative.  We have not attempted to contact any of the neighboring property owners.

The following information has been provided by the county:
County: Chicot
Parcel Number: 050-01654-000
Annual Taxes: $14.08
Lot Size: .16 acres

To the best of seller's knowledge, there are no liens on the property.  Property taxes are very low, at only $14.08 per year.  Photos below show actual property (highlighted), and its surrounding area, from different levels of zoom.  Some are taken from the rear-side on N. Trotter Street.

ADDITIONAL INFORMATION:

Still have questions?

Please ask any questions before you bid.

Auction Disclaimer:

All property is sold as is, where is, with no warranties expressed or implied. It is the duty of prospective buyers to research properties to their satisfaction prior to bidding, and a bid shall constitute a binding contract, in which the buyer is agreeing to abide by the Terms of the Auction.

Terms of Auction / Settlement Terms:

This is a cash sale; you are bidding on the full purchase price. Seller will deliver property via a quitclaim deed. No seller financing is available on this property. Buyer must have cash ready at auction's close. Winning bidder agrees to pay via certified check or wire transfer within four days of the auction's close.

Closing costs are $495, which covers deed preparation, recording fees, and transfer taxes.

Thank you for looking and good luck with your investments!