Commercial and
Residential Lots located in
Blount County
Auction Address: Painted Trillium Way
Townsend, TN 37882
Saturday,
May 22nd , 2010 - 12:00 Noon
Special
Financing Available from BankEast:
- 3 year fixed rate of 5.95% with the first year interest only
and paid monthly; after first 12 months, begin principal and
interest payments based upon 20 year amortization of principal
- 5 year fixed rate of 6.25% with the first year interest only
and paid monthly; after first 12 months, begin principal and
interest payments based upon 20 year amortization of principal
- 35% Down Payment or additional collateral acceptable to
BankEast such that the loan to purchase is 65% or less
Property #1
121
Sunshine Way
·
Approx. 0.85 Acres
Zoning:
R-2: Rural District 2
School Zoning:
Townsend Elementary, Heritage Middle, Heritage High
Utilities:
Tuckaleechee Utility District provides water to this
address, Alcoa City Utilities Department provides Electricity to this
address, Septic - No natural gas is available to this area.
Estimated Real Estate Taxes:
Estimated Annual Blount County Taxes: $351.19
Taxes to be
pro-rated at closing
Directions: Traveling
on US-129 S toward
Airport Smoky Mountains merge onto TN-35 S via the ramp on the LEFT
toward US-411 N/Maryville/US-321 N and travel 2.8 miles. Stay Straight
to go onto S Washington St. and travel 0.2 miles. Stay STRAIGHT to go
onto E LAMAR ALEXANDER PKWY/US-321/TN-73/WALLAND HWY. Continue to follow
US-321 N/TN-73 E/WALLAND HWY. Travel 13.3 miles. Turn RIGHT onto LONG
BRANCH RD. Travel 0.5 miles. LONG BRANCH RD becomes KINZEL SPRINGS WAY.
Turn RIGHT onto SUNSHINE WAY. 121 SUNSHINE WAY is on the RIGHT.
Property #2
122 Sunshine Way
·
Approx. 0.99 Acres
Zoning: R-2: Rural District 2
School Zoning:
Townsend Elementary, Heritage Middle, Heritage High
Utilities:
Tuckaleechee Utility District provides water to this
address, Alcoa City Utilities Department provides Electricity to this
address, Septic - No natural gas is available to this area.
Estimated Real Estate Taxes:
Estimated Annual Blount County Taxes: $351.19
Taxes to be
pro-rated at closing
2 LOTS IN A NEW UPSCALE SHOPPING
VILLAGE LOCATED DIRECTLY ON HWY 321 IN TOWNSEND
Trillium Cove - Townsend's Appalachian Village
Get in on the ground floor of this new, upscale
shopping village in Townsend
Designed and built as a pedestrian friendly
zero-lot line development, Trillium Cove offers business owners an
outstanding opportunity to:
-
Own your building and ground that your
business is on or purchase a unit for investment and rent to other
business owners.
-
Be located on the main road in Townsend, a
tourist community surrounded by beautiful mountains and an entrance
to the most visited national park in the United States.
-
Be part of a commercial development
community to pool advertising dollars to maximize your advertising
budget.
-
Have a solid real estate investment in a
growing tourist community.
-
Enjoy the meandering walkways and landscaped
gardens that will draw more customers.
-
Be part of a beautiful shopping village of
25 exclusive shops/office spaces in Townsend.
-
Benefit from Trillium Cove's self-contained,
private sewer utility on-site, which is operated by a public utility
company & underground utilities.
Property #3

Unit CU-5 Lamar Alexander Parkway
·
In
Trillium Cove Subdivision
·
Zoned Commercial
·
Corner Lot Highly Visible
Zoning:
B-1: General Business District
Utilities:
Tuckaleechee Utility
District provides water to this address, Alcoa City Utilities Department
provides Electricity to this address, No natural gas is available to
this area.
Estimated Real Estate Taxes:
Estimated Annual Blount County Taxes: $758.20
Taxes to be pro-rated at closing
Directions:
Traveling
South on TN-115/US-129 S Turn Left at West Lamar Alexander Parkway/TN-73
E/US-321 N and travel 19.0 miles to the property on your LEFT.
Property #4

Unit CU-15 Lamar Alexander Parkway
Zoning:
B-1: General Business District
Utilities:
Tuckaleechee Utility District provides water to this
address, Alcoa City Utilities Department provides Electricity to this
address, No natural gas is available to this area.
Estimated Real Estate Taxes:
Estimated Annual Blount County Taxes: $758.20
Taxes
to be pro-rated at closing
Directions:
Traveling South on TN-115/US-129 S Turn Left at West
Lamar Alexander Parkway/TN-73 E/US-321 N and travel 19.0 miles to the
property on your LEFT.
Property #5

Leatherwood Drive
Zoning:
R-1: Rural District 1
Utilities:
Tuckaleechee Utility District provides water to this
address, Alcoa City Utilities Department provides Electricity to this
address, Septic - No natural gas is available to this area.
Estimated Real Estate Taxes:
Estimated Annual Blount County Taxes: $104.25
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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