(34) PUD Units in Mountain Shadows Resort
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Phase II
1463 E. Parkway
Gatlinburg, TN
Wednesday,
January 25th, 2012 - 12:00 Noon
Inspection: Available for Drive-By Inspection
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Only 3.2 Miles From Downtown Gatlinburg
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Just Across the Street from the Great Smoky Mountains National Park
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Wooded Seclusion with Mountain Views
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Lots included: 4, 5, 6, 7, 9, 10, 11, 12, 15, 16, 17, 18, 19, 23,
24, 25, 27, 28, 29, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70,
82, 83, 84.
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HOA due are
$50.00/month for improved footprints and $25.00/month for unimproved
footprints.
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HOA Assessment of
$60/year per improved lot.
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One time
Decoration Fee of $60 for each newly built cabin.
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According to Jack Skeen, Treasurer of the Mountain Shadows Resort
HOA, there will be an assessment for 2012 in the amount of $200 per
lot within Mountain Shadows Resort. This assessment will go towards
fixing the roads within Mountain Shadows Phase II. Jack will be
present at the auction to answer any questions as they relate to
Mountain Shadows Resort and the Homeowner's Association.
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For HOA information regarding restrictive covenants, board members,
etc., please visit www.msrhoa.com
Utilities Available:
Electricity / Water / Sewer
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$5,000 Water Tap
Fee plus the actual cost of connection (lines to home, meters,
fittings, labor, etc.)
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$5,000 Sewer Tap
Fee plus the actual cost of connection (lines to home, meters,
fittings, labor, etc.)
Zoning:
C2 – General Business District
Estimated Real Estate Taxes:
TBD – Please Review the “Tax Information” Document when available.
Buyer will be responsible for all current and delinquent
back taxes.
Each
lot owes back taxes from 2008 through 2011. The current back taxes owed
on each lot is approximately $1,200 to $1,500. Please refer to the title
commitment document (once it is available) for EXACT tax amounts owed.
Directions: Travel south on the Parkway into Gatlinburg. Take 1st
LEFT at Traffic Light onto East Parkway. Travel 3.3 miles to Mountain
Shadows Resort on LEFT.
Terms:
10% Buyer's Premium - Successful bidders
will deposit 10% of the purchase price (including Buyer's Premium) on
sale day in the form of cash, certified check or wire, personal or
company check, plus a real estate contract must be signed. Balance is
due in certified funds at closing. CLOSING MUST OCCUR ON OR BEFORE
FRIDAY, FEBRUARY 3RD, 2012. NO EXTENSIONS AVAILABLE. Sale day announcements
control terms of auction. Acreage and square footage believed to be
accurate, but not guaranteed.
Have a Question about this Auction?
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**All Square Footage and
Acreage amounts are believed to be accurate but not guaranteed.
All information was obtained from appraisals and local courthouse
records.** |
