Furrow Auction Company
        FORECLOSURE
REAL ESTATE AUCTION

 
 

APPROX. 5,000 S.F. COMMERCIAL BUILDING IDEALLY LOCATED ON HIXSON PIKE
FORMERLY KNOWN AS PRECISION TUNE AUTO CARE


4221 Hixson Pike
Chattanooga, TN

Friday, May 14th, 2010 - 12:00 Noon
Inspection: Friday, May 7th, 10AM - 2PM

The Equipment Package will be offered as a whole, together with the real estate.

Click here for the equipment package auction details


·         4 Drive-In Service Bays

·         Office/Reception Area

·         Located Directly across from YMCA on Hixson Pike

 

Zoning: C-2 Convenience Commercial Zone
Utilities:
Water/Sewer/Electric/Gas
Estimated Real Estate Taxes
:
Estimated 2009 City: $4,553.74
Estimated 2009 County: $6,522.47

Being Sold Subject To Current and Back Taxes

As for redemption, pursuant to T.C.A. Section 67-1-1433(b)(2) and 67-1-1420, the state has 120 days after the sale to redeem the property.

Under these provisions, within 120 days of the sale, the state may purchase the property from the successful bidder for the purchase price plus 6% per annum interest.

 

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.

Directions: From I-75 in Chattanooga, take Exit 4 (TN 153N). Travel west approximately 8.2 miles, bear left on Hamill  Road. Travel approximately 7/10 mile, turn left on Hixson Pike. Travel south 3/10 mile to property on right.

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Documents are in Adobe PDF format. 
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AUCTION DOCUMENTS

Auction Brochure
Bill of Sale
C-2 Zoning Ordinance
Notice of Foreclosure Sale
Foreclosure Sale Agreement
Notice to TN DOR with receipts
Plat of Record
Sample Bidder Card
Sample Trustees Deed
State Tax Lien Letter
Tax Information
Title Commitment
Title Commitment Exception Number 5
Title Commitment Exception Number 8
Title Commitment Exception Number 9
Title Commitment Exception Number 10
Title Commitment Exception Number 11
Title Commitment Exception Number 12
Trustee's Deed
Utility Information
Zoning Information
Zoning Map
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