Furrow Auction Company
ABSOLUTE REAL
ESTATE AUCTION

To Be Sold To The Highest Bidder
Regardless of Price
SOLD - AUCTION CANCELLED

Approximately 6.29 Acres
One Mile Southeast of the Pellissippi Parkway/Northshore Drive Interchange on the West Side of Pellissippi Parkway
Knoxville, TN

Saturday, September 15th, 2012 - 3:00 PM

Special Financing Available!

87% financing up to 15 year terms or 75% financing on 25 year terms. Fixed rates as low as 3.70%
(10 year fixed rate)

Contact:

Donathan Cassidy
Financial Services Officer (Agri-Cons)
865-687-5500 - phone
865-687-2407 - fax

DCASSID@e-farmcredit.com


 

  • Zoned Agricultural

  • Convenient to I-40 & Northshore Drive

  • Land is level to rolling with approximately 71 feet of Frontage on Tedford Road

  • Approximately 6.29 Acres

  • Across from Ft. Loudoun Lake

  • Near Travis Marine

  • Beautiful Estate-sized Tract

  • Over 1,000 ft. of Frontage on Pellissippi Parkway

Zoning:  According to Susan with Knox MPC, the property is Zoned A – Agricultural  

School Zoning Information:   

 

Elementary:

BLUE GRASS ELEMENTARY 

 

Middle:

WEST VALLEY MIDDLE  

 

High:

BEARDEN HIGH  

Utilities:   Water, Electricity, Septic 

Estimated Real Estate Taxes: The property we are selling is part of a larger parcel and is being subdivided. Taxes have yet to be determined because the property is newly created but in order to help you estimate what the taxes could be please see below.

The Knox County Trustees Office will take the purchase price of the tract and assess it at 25%. The current tax rate for Knox County is $2.36 per hundred. The following is an example if the purchase price is $200,000.

Purchase Price $200,000

Assessment Ratio 25%

Assessment $50,000

Tax Rate $2.36 per hundred

Estimated Tax $1,180.00

For more information, please feel free to contact the Trustee Office at (865) 215-2305 or visit their website at http://www.knoxcounty.org/trustee/index.php.
 

Directions: In Knoxville from the intersection of Ebenezer and Northshore head west on Northshore and take your first Left onto Keller Bend Road.Travel 0.5 miles and continue straight onto Tedford Lane for 0.3 miles to the property on your Left just before you reach Lakefront Drive.

Off Pellissippi Pkwy., take exit 5 for Northshore and travel East on Northshore for 0.5 miles and take your first Right onto Keller Bend Road. Travel 0.5 Miles and continue straight onto Tedford Lane for 0.3 miles to the property on your Left just before you reach Lakefront Drive.

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 TAKE PLACE WITHIN 20 DAYS. LAST POSSIBLE CLOSING DATE IS BY END OF DAY ON OCTOBER 5, 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?  Click here to send e-mail directly to a Furrow Representative.

**All Square Footage and Acreage amounts are believed to be accurate but not  guaranteed. All information was obtained from appraisals and local courthouse records.**

 
 
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AUCTION DOCUMENTS

Auction Brochure
Directions
Estimated Buyer Cost Summary
Executive Summary
Recorded Plat Map
Sale Day Procedure
Sample Sale Day Contract
School Zoning Information
Soil Letter
Survey with Flowage Easement
Tax Information
Tax Receipt
Utility Information
Zoning Information
Zoning Map
Zoning Regulations

 

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