Valuable Residential Real Estate For Sale @ Online Auction

Bidding Closes August 6, 2025 @ 1:00 PM

By order of the estate executor we are offering at online auction the real estate and improvements located at 2308 N Eastside Hwy, Elkton VA 22827. This 3 bedroom, 2 bath brick ranch home sits on a 0.69 +/- acre lot just north of the town of Elkton with nearly 360 degree mountain views. The house features 1,239 sq ft of living space with 3 bedrooms and 2 baths plus full basement, large screened in porch, and a carport. In the backyard you will find a very nice workshop and a storage building. The online only auction for this property will close August 6, 2025 @ 1:00 PM.

We are selling the woodworking tools, coins, and remaining personal property from the Kenneth Good estate in a separate auction which you can find at This LINK.

The first thing that catches your attention about this property are the amazing views. From the front of the house you can see across the Shenandoah River to the Massanutten mountain range and from the sides and rear of the house you have great views of the Blue Ridge mountains. Farm fields extend beyond the fenced in yard. The backyard workshop/garage and large storage shed would be the perfect place for your hobbies or projects. It is conveniently located just 2 miles north of Elkton VA and 4 miles south of Shenandoah VA on Rt 340 with less than 20 miles to Harrisonburg, 10 miles to Massanutten, and 8 miles to the Shenandoah National Park Entrance. Wherever you go, this property would be a great place to come home to.

Click Here For A 3D Tour Of The House

This home was built in 1960 and has been very well maintained. The interior is dated but in good condition. The exterior is in very good condition with replacement windows, new HVAC system installed in 2022, and shingle roof replaced in the past 10 years. It is served by a drilled well and private septic system. One of the nicest features of this home is the nearly 800 sq ft screened in back porch with hot tub that conveys. A partially finished dry basement expands the possibilities with a large rec room and fireplace as well as a workshop and utility room. Electric wall heaters and propane gas logs are installed in the basement. Upstairs you will find a fireplace in the living room equipped with gas logs and electric baseboard heat in the bedrooms. Central A/C is provided by the outside heat pump and attic mounted air handler. The large attic provides extra storage space as well. 

This is not a foreclosure auction. The estate executor 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 with lots of great features.

All Bids Must Be Submitted Online. Click The "Bid Online Now" Button To See Property Details and To Bid.

The bidding for this property will close at 1:00 PM August 6, 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 Wednesday July 16, 4 PM Thursday July 24, and 4 PM Saturday August 2, or at other dates and times by appointment. Please Call or Text Linford Berry - 540-476-3309 for more information or for an appointment to see the property. 

Property Highlights:

• Spacious 0.69 +/- Acre Lot
• Home Built In 1960
• Zoned A1
• 1,239 +/- Sq Ft Of First Floor Living Space Plus Basement and 800 Sq Ft Enclosed Porch
• 3 Bedrooms, 2 Full Baths
• 2 Fireplaces - Currently Equipped With Gas Logs
• Attached Carport
• Unfinished Attic Storage Areas
• Central AC, Heat Pump, Electric Baseboard, and Wall Heaters In Basement
• 24x34 Garage/Workshop
• 14x36 Storage Shed
• Drilled Well and Private Septic System On The Property
• 200 Amp Electrical Service From Dominion Energy
• 2024 Tax Assessed Value $221,400  Annual Taxes $1,505

Do You Need Financing For This Property?  We Recommend The Following Lenders:

• Tonja Showalter - F&M Mortgage
• Julie Yoder - Integrity Home Mortgage Corp
• Michelle Fix- Alcova Mortgage

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 $10,000 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 August 5th) buyers agent participation will be compensated. Click Here For Form.

Real Estate Auction Terms of Sale:

This auction is conducted by Mountain Valley Auction Group LLC (Auctioneer) on behalf of the owners of the property referred to as the (Seller). Auctioneer is not responsible for the acts of the Seller or statements made by the Seller before, during, or after the auction. The auction shall be governed by the terms set forth herein and any announcements made in the auction description. The act of submitting a bid shall constitute Bidder’s acceptance of each and every term and condition contained in these terms and conditions and shall form a binding contract of intent to purchase between the Bidder and the Auctioneer. All persons inspecting the property assume all risks whatsoever of damage or loss to person and property and specifically release the Auctioneer and Seller from all liability. Auctioneer is not liable by reason of any defect in, or condition of, the property or the premises on which the preview/sale is held. Auctioneer is released from any claims or actual damage to the property sold and/or consequential damages that may result from the sale of defective property.

PAYMENT TERMS:
A signed contract and a nonrefundable deposit of $10,000 from the high bidder is required immediately after confirmation of final bid and the balance due at closing within 45 days after the auction (unless prior arrangements have been made with the auctioneer). Deposit must be in the form of a cashiers or certified check drawn on a US bank or a wire transfer. If an online bidder is the winning bidder, then a signed contract and nonrefundable deposit of $10,000 is due within 24 hours of the auction ending unless other arrangements have been made with Auctioneer prior to the close of the auction. Title to be delivered free of all liens or encumbrances as more specifically set forth in the Sale Contract. All settlement and closing costs will be the responsibility of the buyer and the property taxes will be prorated as of the day of settlement.

BUYER’S PREMIUM:
A 10% buyer’s premium will be added to the final bid to become part of the purchase price at settlement. Buyer agrees to these provisions and will pay the applicable buyer’s premium.

DISCLOSURES/NO CONDITION WARRANTIES OR CONTINGENCIES
There is no condition warranty offered, expressed, or implied, by Auctioneer or Seller for any property. All property is sold AS-IS, WHERE-IS, and with all faults and defects therein. ALL SALES ARE FINAL and are not contingent on any financing, appraisal, or inspections. All inspections of the property must be done before the close of the auction. All information provided is believed to be correct but NO warranty as such is implied, including but not limited to the warranty of merchantability or fitness for a particular purpose. Bidder is solely responsible to determine condition, value or any other determinative factors. The Auctioneer strongly encourages bidders to attend preview/property tours and retain the services of building inspectors or other professionals in order to determine the value and condition of the property.

BIDDER REGISTRATION:
By registering and bidding, Bidder acknowledges that they have read and agree to the terms and conditions of this auction. Bidder agrees to sign the contract of sale and other documents related to the transaction, pay the earnest money deposit and close the transaction within 45 days if their winning bid is accepted. Bidder must be 18 years of age or older and is required to register for the auction. In registration, Bidder must submit information found to be current, complete and accurate for proper identification by Auctioneer. Bidder’s registration is not transferable or assignable. Auctioneer reserves the right to deny or restrict any bidders registration with or without cause. Bidder must register to participate in the auction. If you have any questions, please call the auctioneer at 540-476-3309.

BIDDING:
Using YOUR knowledge and experience, form your own opinion of the property and bid accordingly. If you are in doubt, DO NOT BID. The property is sold in AS-IS condition; this is an AUCTION and all SALES ARE FINAL. Bids cannot be retracted and are binding contracts between Bidder and Auctioneer/Seller. Bidder is accountable to be informed about property and associated costs before bidding. A maximum bid can be placed on the property in the online bidding interface. A maximum bid is kept confidential. Except for properties noted “Absolute Auction,” Or “Sells To The Highest Bidder” all properties in auctions will be sold subject to seller confirmation or will have a pre-established minimum Reserve Price. Except where prohibited by law, Auctioneer may counter bid on behalf of Seller on any property up to the amount of the Reserve Price (and no such bid will result in a sale of the property). If the Reserve Price is not met, Seller is under no obligation to sell the property; however, Seller may accept a bid that is below the Reserve Price in its sole discretion.

BIDDER VERIFICATION & QUALIFICATION:
The identity of all bidders will be verified prior to participation. The Auctioneer may require a proof of funds letter be submitted prior to bidder participation. A credit card is required to register for online bidding. No charges will be made to your card unless you are determined to be the winning bidder and you fail to execute the Contract of Sale and pay the required earnest money deposit. At the discretion of the Auctioneer, a penalty of $1,000.00 will be charged to the credit card provided at registration if you fail to return the signed Contract of Sale and pay the required earnest money deposit within the required time period. Payment of the penalty shall not affect other remedies available to the Seller for such failure.

BROKER COMPENSATION:
Preapproved (No later than 5:00 PM the day before the auction ends) brokers participation will be compensated. Two Percent (2%) of the high bid will be paid to a qualified licensed real estate agent whose registered buyer's offer is accepted by the seller and closes on the property. To qualify for a commission, the agent must first register his/her self and client with the Auctioneer by 5:00 PM the day prior to the close of auction. Brokers only receive commission when they represent a client, not if they themselves are the client. Commissions will be paid only after closing and after the Auctioneer has been paid in full. Agents are not required to attend the closing but must attend the auction with their client and/or visit the property with their client during the marketing period. Agents must have client's permission to register him/her for the auction. Agents may not register people who are not actually their clients. If an agent has not met all of these requirements, no commission will be paid to the cooperating agent, even if the agent's client purchases the property. Under no circumstances whatsoever will any commission be paid if the sale does not close for any reason.