| RESIDENTIAL AND
COMMERCIAL PROPERTIES THROUGHOUT UPPER EAST TENNESSEE
Tuesday
& Wednesday, December 8th and 9th, 2009
-
1-4 family
residence: 15% cash down payment; 30 yr amortization / 10 year
maturity; 5.5% fixed interest rate
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Improved lots: 20%
cash down payment; 10 yr amortization / 7 year maturity; 6.0% fixed
interest rate
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Unimproved land: 25%
cash down payment; 10 yr amortization / 5 year maturity; 6.0% fixed
interest rate
-
Commercial Building - Retail, Office, Warehouse: 15%
cash down payment; 20 yr amortization / 7 yr maturity; 6.0% fixed
interest rate
Financing
subject to proof of income, acceptable repayment capacity, no bankruptcy
or material adverse credit reporting.
Subject to Bank Customer
Identification Program requirement
Wednesday,
December 9th:
Sale #1
– 11:00 AM
Approx. 5,589 s.f. Commercial Building
3310 Wayfield Dr.
Johnson City, TN
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Approx. 5,589 s.f.
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Approx. 0.46 acre lot
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One dock height door
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Approx. 1,008 s.f. office area
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Approx. 4,582 s.f. warehouse area
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Built in 1994
Utilities Available:
Electric / Water / Sewer
/ Gas (heat pump for office, gas heat to warehouse)
Zoning:
I-1 Light Industrial
Estimated Real Estate Taxes:
Approximate Annual County Real Estate Taxes – $2,058.98
Approximate Annual City Real Estate Taxes - $1,621.97
Approximate Total Annual Real Estate Taxes - $3,680.95
Taxes to be pro-rated at closing.
Directions: From the
intersection of Hwy 11E and Wayfield Dr. (at Chapparel Pontiac) travel
south on Wayfield Dr. approx 1/4 mile to property on left.
Sale #2
– 12:00 PM
Approx. 1,792 s.f. Manufactured Home
216 Miller Rd.
Jonesborough, TN
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Approx. 1,792 s.f.
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Approx. 1 acre lot
-
Fenced yard
Utilities Available:
Electric / Water /
Septic
Zoning:
R1 – Low Density Residential
Estimated Real Estate Taxes:
Approximate annual County Real Estate Taxes – $355.25
Taxes to be pro-rated at closing.
Directions: From the
intersection of TN-353 (Old TN 34) and Conklin Rd., travel approx. 0.8
miles on Conklin Rd. to right on Miller Rd., travel approx. 0.5
miles on Miller Rd. to property on right.
Sale #3
– 2:00 PM
Approx. 6,000 s.f. Industrial Building on Approx. 0.40 Acre Lot
205 Asheville Hwy
Greeneville, TN
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Approx. 6,000 s.f.
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Approx. 288 s.f. office, remainder of building is open
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Located just west of intersection of Asheville Hwy and Hwy 70
(Newport Hwy)
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Covered Porch
Utilities Available:
Electric / Water / Sewer / Gas
Zoning:
B4 – Arterial Business
Estimated Real Estate Taxes:
Approx. annual County Real Estate Taxes – $844.11
Approx. annual City Real Estate Taxes – $1,194.22
Approx. Total Real Estate Taxes - $2,038.33
Taxes to be
pro-rated at closing.
Directions: Located just west of intersection of
Asheville Hwy and Hwy 70 (Newport Hwy) directly across street from
Walgreens.
Sale #4
– 2:45 PM
Manufactured Home on 0.97 Acre Lot
1643 Parton Loop
Greeneville, TN
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Approx. 1,80 s.f.
-
3
Bedroom, 2 Bath
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Approx. 0.50 Acre Lot
Utilities Available:
Electric / Water / Septic
Zoning:
R-1 Residential
Estimated Real Estate Taxes:
Approx. annual County Real Estate Taxes – $156.37
Taxes to be pro-rated at closing.
Directions: From the
intersection of TN 70 and Debusk Rd., travel west on Debusk Rd. approx.
1.2 miles to left on Parton Loop Rd., travel approx. 0.8 miles to
property on left (follow gravel rd. back to subject property).
Sale #5
– 3:30 PM
Approx. 1,680 s.f. Manufactured home situated on approximately 1.38 acre
lot
1606 E Stagecoach Rd.
Greeneville, TN
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Approx. 1,680 s.f.
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3
Bedroom, 2 Bath
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Approx. 1.38 acre lot
Utilities Available:
Electric / Water / Septic
Zoning:
R1 - Residential
Estimated Real Estate Taxes:
Approx. annual County Real Estate Taxes – $275.94
Taxes to be pro-rated at closing.
Directions:
From the intersection of US 321 & Poplar Springs Rd., travel approx. 1.6
miles on Poplar Springs Rd. to right on Stagecoach Rd., travel approx.
0.1 miles to property on left.
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 20 DAYS
OF SALE DATE. NO EXTENSIONS AVAILABLE.
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Homes built before 1978 may contain lead-based paint. |
