SOLD – Sale 1 of 6: Absolute Auction – 53 Acres on Norris Lake Subdivided Into 5 Tracts

AUCTION LOCATIONAuction conducted at 401 Helton Lane, New Tazewell, TN 37825

AUCTION DATENovember 7, 2015

AUCTION TIME 10:30 am

TIME ZONEEastern

INSPECTION DATE

INSPECTION TIMECan be viewed any time

CONTACTChuck Fisher 865.546.3206

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Auction Information

THIS AUCTION HAS ENDED.

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To Be Sold To The Highest Bidder Without Minimum or Reservation.

Property located on Overton Road, Union County, TN

Auction to be conducted at 401 Helton Lane, New Tazewell, TN

  • 53 Acres, Subdivided into 5 Tracts
    • Tract 1: 12.82 Acres
    • Tract 2: 10.22 Acres
    • Tract 3: 9.86 Acres
    • Tract 4: 9.88 Acres
    • Tract 5: 10.68 Acres
  • To be offered separately and as a whole
  • Approx. 664 Feet Frontage on Norris Lake
  • Approx. 1,214 Feet Frontage on Overton Rd.
  • Gently Rolling Topography at Water
  • Private and Secluded
  • Perfect Location for Lake Home or Private Lake Access
  • 2% Broker Participation Available. Preregistration at least 24 hours before auction is required.
  • Bank Financing Available

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. A real estate contract must be signed. Balance is due in certified funds at closing. CLOSING MUST TAKE PLACE WITHIN 20 DAYS OF SALE. NO EXTENSIONS. Sale day announcements control terms of auction. Acreage and square footage believed to be accurate, but not guaranteed. THIS PROPERTY SOLD IN IT’S “AS IS, WHERE IS WITH ALL FAULTS” CONDITION WITH NO WARRANTIES EITHER IMPLIED OR EXPRESS EXCEPT WARRANTY OF TITLE. **All square footage and acreage amounts are believed to be accurate but not  guaranteed. All information was obtained from appraisals and local courthouse records.**

There is a 2% Broker Participation available for this auction. Preregistration at least 24 hours before auction is required.

Helton Prop Sale 1 broker Ltr 11-7-14

Contact: Shelia Bailey

Relationship Banker Citizens Bank 130 South Broad St New Tazewell TN 37825 (423)526-5088 fax (423)526-5433 Financing - Sale 1

Property is located in Union County and not subject to any zoning regulations.

Union County: $1,080.71.

Buyer is responsible for pro-rated share of current year property taxes.

Any and all back/delinquent taxes will be paid by seller.

  • Electric: Knoxville Utilities Board
  • Water: N/A
  • Sewer: N/A
  • Gas: N/A

  • Sharps Chapel Elementary
  • Horace Maynard Middle
  • Union County High

In Maynardville, from the intersection of Maynardville Hwy & Hickory Star Rd. (144), take Maynardville Hwy northwest approx. 8.6 miles. Turn right onto Hickory Valley Rd. and travel approx. 1.9 miles. Turn left onto Walker Ford Rd. and travel approx. 2.5 miles. Turn left onto Bob Wright Rd. and travel approx. 0.8 miles. Turn right onto Overton Rd. and travel approx. 0.8 miles to property on right.

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