Furrow Auction Company
       FORECLOSURE
REAL ESTATE AUCTION

To Be Sold To The Highest Bidder
Without Minimum or Reservation
       Unique Stone Basement Rancher on
                          Ft. Loudon Lake


746 Twin Coves Circle
Lenoir City, TN

Saturday, January, 17th, 2009 - 10:30 AM
Open House Sunday, January 11th, 2009 1:00 PM - 4:00 PM

SPECIAL FINANCING!
  • 15% cash down payment; 30 yr amortization / 10 year maturity; 5.5% fixed interest rate


Click here for Auction  Brochure

 

  • Over 300’ Frontage on Main Channel of Ft. Loudon Lake
  • Approx. 4,157 Square Feet
  • Large Wooden Dock with Covered Boat Slip
  • 3 Bedrooms, 2 Baths
  • Screened-In Porch with Amazing Lake Views
  • Large 3.2 Acre
  • Sunken Great Room w/ Floor to Ceiling Stone Fireplace
  • Detached Workshop
  • Built in 1972

Utilities Available: Electric/Water/Septic System
Zoning:
A-2 (Rural Residential District)
Estimated Real Estate Taxes: 
County: $2,420.98 annually                                                                      Total:    $1,773.76 annually

Being sold subject to all current and back taxes

Directions: West on Northshore Drive till road ends. Left on Beals Chapel Rd. approx. 2 miles to right on Parris Dr. Continue approx. 1.3 miles (past Conkinnon Point) to Twin Coves Circle. Continue straight on Twin Coves Circle to property on right.

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.

 
 
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Documents are in Adobe PDF format. 
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Click the links below for PDF Files
A-2 Loudon County Zoning Regulation
Aerial Photo Close
Aerial Photo Wide
Assessment Information
Copies of Documents referenced in Title Commitment Exceptions
Sale Day Procedures
School Information
Tax Information
Tax Map
Title Commitment
Utility Information
Zoning Information
Foreclosure Notice
Sample Bidder Card
Sample Deed
Sample Sales Contract
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