SOLD – Absolute Auction of Duplex on 1.5 Acres

AUCTION LOCATION2625 Clinton Hwy., Powell, TN

AUCTION DATEOctober 23, 2014

AUCTION TIME 12:00 pm

TIME ZONEEastern

INSPECTION DATE

INSPECTION TIMECall for appointment

CONTACTDerick Radcliffe, 865.546.3206

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Auction Information

To Be Sold To The Highest Bidder Without Minimum or Reservation

THIS AUCTION HAS ENDED.

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Formerly known as J&K Motel and Service Station
  • Approximately 2,014 Square Feet
  • Built in 1954
  • Approximately 0.5 Acres
  • Former 6 Unit Motel
  • Former Service Station
  • TDOT Daily Annual Average Traffic Count: 14,819
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 WEDNESDAY, NOVEMBER 12TH, 2014. NO EXTENSIONS AVAILABLE. 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 has been obtained from Anderson County Courthouse.** Homes built before 1978 may contain lead-based paint.
Estimated Real Estate Taxes: According to the Anderson County Property Assessor's Office, because the property was being used both residentially and commercially it has special interest taxes. 0.5 Acre Residential 097 072.00 000 - $453.00 1.0 Acre Commercial 097 072.00 001 - $599.00 Total Taxes: $1,052.00 For more information, please feel free to contact the Anderson County Property Assessor's Office at 865-457-6225 or visit their website at http://www.acassessor.com/ **Buyer is responsible for pro-rated share of current year property taxes**
Zoning: A-2 Rural Residential
School Zoning: Claxton Elementary School Clinton Middle School Clinton High School
Utilities: Electric – Clinton Utilities Board Water – Halls-Dale Powell Utility District Septic Gas – Powell-Clinch Utility District
 

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