| Partially Completed
Home in Spring Place Subdivision
Lot 8 - Chestnut Hill Drive
Athens, TN
Thursday,
December 11th, 2008 - 3:00 PM
-
1-4 family
residence: 15% cash down payment; 30 yr amortization / 10 year
maturity; 5.5% fixed interest rate
-
Improved lots: 20%
cash down payment; 10 yr amortization / 7 year maturity; 6.0%
fixed interest rate
-
Unimproved land: 25%
cash down payment; 10 yr amortization / 5 year maturity; 6.0%
fixed interest rate
Financing
subject to no bankruptcy or material adverse credit reporting
Subject to Bank Customer
Identification Program requirement
3,460 s.f. Home in Spring Place Subdivision
·
Great Neighborhood and Location
·
4 Bedrooms / 3.5 Bathrooms
·
2 Car Garage
Zoning:
Residential
Utilities:
Electric, Water and Sewer
Estimated Real Estate Taxes:
Approx. Annual McMinn County Taxes: $76.95
Approx. Annual Athens City Taxes:
$52.25
Approx. Total Annual Taxes:
$129.20
(Currently Taxed as a Lot Only)
Directions:
From downtown Athens,
follow TN-30 (South White Street) towards Etowah. Turn left on New
Englewood Road (TN-39) and travel for 0.2 mile. Turn left on Spring
Place Blvd. into Spring Place Subdivision. Turn right on Chestnut Hill
Drive and travel 500 feet to property on right.
Terms:
10% Buyer's Premium - Successful bidders will deposit 10% of the
purchase price (including Buyer's Premium) and is due today in the form
of cash, cashier's check, personal or company check plus a real estate
sales contract must be signed. Balance is due in certified funds at
closing.
CLOSING MUST OCCUR WITHIN 10 DAYS OF SALE DATE. NO EXTENSIONS
AVAILABLE.
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