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Commercial & Residential Properties Throughout
Upper East TN
Friday & Saturday,
August 28th & 29th, 2009OPEN HOUSE:
WEDNESDAY, AUGUST 26TH, 2009 10AM - 2PM
Residential:
-
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
Commercial:
Financing
subject to proof of income, acceptable repayment capacity, no bankruptcy or material adverse credit reporting
Subject to Bank Customer
Identification Program requirements
Friday, August 28th
Auctions:
Sale #1
– 12:30 PM
1,100 SF Condo – Unit 2
106 W. Chilhowie Ave., Johnson City, TN
Utilities Available:
Electric / Water / Sewer
Zoning:
To Come
Estimated Real Estate Taxes:
Annual Washington County Real Estate Taxes – Approx. $405.38
Annual Johnson City Real Estate Taxes – Approx. $332.93
Total Annual Real Estate Taxes – Approx. $738.31
Taxes to be pro-rated
at closing.
____________________________________________________________
Sale #2
– 1:30 PM
5,600 SF Commercial Building
414 S. Roan Street, Johnson City, TN
Utilities Available: Electric
/ Water / Sewer / Telephone
Zoning:
B-2 – Central Business District
Estimated Real Estate Taxes:
Annual
Washington County Real Estate Taxes – Approx. $1,786.00
Annual Johnson City Real Estate Taxes – Approx. $1,466.80
Total Annual Real Estate Taxes – Approx. $3,252
Taxes to be pro-rated at closing.
____________________________________________________________
Sale #3
– 2:30 PM
2.8
Acres of Commercial / Development Site
2004 S. Roan Street, Johnson City, TN
Utilities Available:
Electric / Water
Zoning:
Commercial
Estimated Real Estate Taxes:
Annual Washington County Real Estate Taxes – Approx. $1,210.25
Annual Johnson City Real Estate Taxes – Approx. $993.95
Total Annual Real Estate Taxes – Approx. $2,204.20
Taxes to be pro-rated at closing.
___________________________________________________________
Sale #4
– 4:00 PM
1,060 SF Basement Rancher
910 S. 2nd Street, Elizabethton, TN
Utilities Available:
Electric / Water / Sewer
Zoning:
Residential
Estimated Real Estate Taxes:
Annual Carter County Real Estate Taxes – Approx. $381.84
Annual Elizabethton City Real Estate Taxes – Approx. $306.16
Total Annual Real Estate Taxes – Approx. $688.00
Taxes to be pro-rated
at closing.
_________________________________________________________
Sale #5
– 5:00 PM
2,046 SF Doublewide Manufactured Home
274 Bulldog Hollow Road, Elizabethton, TN
Utilities Available:
Electric / Water
Zoning:
To Come
Estimated Real Estate Taxes:
Annual Carter County Real Estate Taxes – Approx. $467.87
Taxes to be pro-rated
at closing.
_____________________________________________
Saturday,
August 29th Auctions:
Sale #1
– 10:30 AM
5.56
Acres & Partially Finished Home
115 Old Cemetery Road, Greeneville, TN
Utilities Available: Electric
/ Water / Septic System
Zoning:
A-1 – Agricultural District
Estimated Real Estate Taxes:
Annual Greene County Real Estate Taxes – Approx. $137.31
Taxes to be pro-rated at closing.
____________________________________________________________
Sale #2
– 11:30 AM
2005
Doublewide Manufactured Home
3355 Old Midway Road, Mosheim, TN
Utilities Available:
Electric / Water
Zoning:
To Come
Estimated Real Estate Taxes:
Annual Greene County Real Estate Taxes – Approx. $330.14
Taxes to be pro-rated
at closing.
____________________________________________________________
Sale #3
– 1:00 PM
1,566 SF Doublewide Manufactured Home
445 Foxgate Trail, Mohawk, TN
Utilities Available:
Electric / Water
Zoning:
To Come
Estimated Real Estate Taxes:
Annual Greene County
Real Estate Taxes – Approx. $352.48
Taxes to be pro-rated
at closing.
____________________________________________________________
Sale #4
– 2:30 PM
3,220 SF Two-Story Home
2174 Leconte Street, Morristown, TN
Utilities Available:
Electric / Water / Sewer / Telephone
Zoning:
To Come
Estimated Real Estate Taxes:
Annual Hamblen County Real Estate Taxes – Approx. $943.25
Taxes to be
pro-rated at closing.
____________________________________________________________
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. |
