REAL ESTATE AUCTION – Multi-Purpose Lakefront Property

AUCTION LOCATION2833 Louisville Rd., Louisville, TN 37777

AUCTION DATEOctober 25, 2018

AUCTION TIME 12:00 pm

TIME ZONEEST

INSPECTION DATEThursday, October 18th, 2018

INSPECTION TIME10:00am - 4:00pm

CONTACTRob Strickland or Chuck Fisher 865.546.3206

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Auction Information

REAL ESTATE AUCTION

Multi-Purpose Lakefront Property

2833 Louisville Rd., Louisville, TN 37777

AUCTION DATE/TIME: Thursday, October 25th at 12:00pm

INSPECTION DATE/TIMES: Thursday, October 18th from 10:00am – 4:00pm or by Appointment

BID LIVE & ON-LINE

 PROPERTY DETAILS:
  • Approx. 5,588 total Square Feet
  • Level, 1.8 Acre Lot Located on Fort Loudon Lake
  • Upper Level previously used as Veterinary Clinic
  • Lower Level utilized as Single Family Home
  • 4 Bedrooms, 2 Baths
  • Expansive Porch Overlooks Lake
  • Dock with Covered Boat Slip with Lift
  • Approx. 200 Feet Frontage on Louisville Road
  • Approx. 250 Feet Frontage on Ft. Loudon Lake
  • Year Round Natural Spring on Property
  • Large Open Upper Level Provides Great Flexibility for Commercial or Residential Use
  • Conveniently Located to Knoxville, Maryville and Airport
  • Located on one of the Largest Calm Water Coves (Lackey Creek) on Ft. Loudon Lake
  • Perfect For Large Families or Entertaining Large Groups

 TN License #62

PAYMENT TERMS


  • 10% Buyers Premium.  The successful bidders will deposit 10% of the purchase price (earnest money) and is due Sale Day 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.

BROKER PARTICPATION


2% Broker Participation, form coming soon...

UTILITIES


  • ElectricityCity of Alcoa
  • Water: South Blount Utility District
  • SewerN/A (Home is on Septic System)
  • Gas: N/A

ESTIMATED REAL ESTATE TAXES
  • Estimated County Taxes: $2,380.59
    • Current year taxes to be pro-rated at closing.
    • Back taxes (if applicable) will be paid by seller.

 ZONING
According to the Town of Louisville, the subject property is currently zoned as follows:
  • C-1 – Commercial (upper level, former veterinary clinic)
  • R-1 – Residential and Agricultural (lower level living quarters, remainder of property

SCHOOL INFORMATION
 
  • Elementary: Middlesettlements Elementary
  • Middle: Union Grove Middle
  • High: William Blount High

DIRECTIONS
Located at the intersection of Davy Crockett Pkwy (25E) and Clinchview Dr. in Morristown.

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