Residential and Commercial Properties
Throughout East Tennessee
Thursday,
December 10th, 2009
-
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 proof of income, acceptable repayment capacity, no bankruptcy
or material adverse credit reporting.
Subject to Bank Customer
Identification Program requirement
Sale #1
– 11:00 AM
Tall
Pines Lodge and Cabins
109 Tall Pines Circle
Tellico Plains, TN
-
Located in the heart of the Coker Creek Community
-
Property Contains:
-
Large mobile home used as office/meeting area
-
5 Rental Cabins
-
Bath House
-
Lodge with additional sleeping accommodations
-
Approx. 9.59 Acre Site
Utilities
Available:
Electric /
Water / Septic System
Zoning: None
Estimated Real
Estate Taxes:
Approximate Annual County Real Estate Taxes – $2,260.18
Taxes to be pro-rated at closing.
Directions: From the
intersection of Hwy 165 and Hwy 68 in Tellico Plains, travel south on
Hwy 68 approx. 10.1 miles to right on Tall Pines Circle, turn right on
Tall Pines Circle and travel approx. 0.1 miles to property on left and
right.
Sale #2
– 1:00 PM
Approx. 1,820 s.f. Single Family Home on 1.3 Acre Lot
354 County Road 632
Athens, TN
-
Located at the corner of County Road 632 & County
Road 660
-
Approx. 1,820 s.f.
-
3 Bedrooms, 2 Baths
-
Detached Garage
-
Approx. 1.3 Acre Lot
Utilities Available:
Electric / Well / Septic
System
Zoning:
None
Estimated Real
Estate Taxes:
Approximate Annual County Real Estate Taxes – $379.88
Taxes to be pro-rated at closing.
Directions: From the intersection of Hwy 411 and 8th
St. in Etowah,
travel west w on 8th St. approx. 1.0 miles. Continue on CR
660 approx. 2.2 miles to left on CR 632. Turn left on CR 632 to first
property on left.
Sale #3
– 3:30 PM
Approx. 984 s.f. Single Family Home on 0.46 Acre Lot
302 West Outer Dr.
Oak Ridge, TN
-
Approx. 984 s.f.
-
2 bedrooms, 1 bath
-
Fireplace
Utilities Available:
Electric / Water / Sewer
/ Gas
Zoning:
R1-C: One family residential
Estimated Real
Estate Taxes:
Approximate annual County Real Estate Taxes – $560.79
Approximate annual City Real Estate Taxes - $579.62
Taxes to be pro-rated at closing.
Directions: From the
intersection of Oak Ridge Turnpike and TN 62 (Illinois Ave.) travel west
on TN 62 approx. 1.1 miles to Outer Drive, turn right on Outer Drive and
travel approx. 1.5 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. |
