SOLD – Absolute Auction of 5 Commercial Tracts Ranging From .65 to 3.05 Acres

Estimated Real Estate Taxes: Tract A: (3.05 Acres) Annual Hamblen County Real Estate Taxes:        $2,685.95 Annual City of Morristown Real Estate Taxes:      $1,655.64 Tracts B, C, D & E (currently assessed as single parcel) Annual Hamblen County Real Estate Taxes:        $2,603.66 Annual City of Morristown Real Estate Taxes:      $1,666.98 Buyer is responsible for pro-rated share of current year property taxes  Back/Delinquent Taxes will be paid by seller.  

Zoning: IB – Intermediate Business District (City of Morristown)

Utilities: Electric: Morristown Utility Systems Water: Morristown Utility Systems (May Not Be Available To All Tracts) Sewer: City of Morristown (May Not Be Available To All Tracts) Gas: Atmos Gas  (May Not Be Available To All Tracts)

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 TUESDAY, SEPTEMBER 30TH, 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 was obtained from appraisals and local courthouse records.**

•  Aerial Photo with Adjoining Properties Labeled
• Aerial Photo
• Property Information Report - Parcel A
• Plat Map
• Property Information Report - Parcels B, C, D & E
• Tax Map - Parcel A
• Tax Map - Parcels B, C, D & E
• TDOT Traffic Map