SOLD – Sale 3 of 6: Absolute Auction – Approx. 109 Acres Commercial/Development Land

THIS AUCTION HAS ENDED.

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

Property located at 5922 Maynardville Pike, Maynardville, TN

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

• Two tract parcels, totaling approx. 109 Acres
• Frontage on Maynardville Hwy.
• Outstanding Development Potential
• Teeming with Mature Timber
• 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 3 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 3

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

• Tract 1 Union County Taxes: $445.26
• Tract 2 Union County Taxes: $206.30

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

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

• Electric: Powell Valley Electric Cooperative
• Water: N/A
• Sewer: N/A
• Gas: N/A

• Maynardville Elementary
• Horace Maynard Middle
• Union County High

• Aerial Image (Tract 1)
• Aerial Image (Tract 2)
• Property Report (Tract 1)
• Property Report (Tract 2)
• Sale Three - Sample Warranty Deed
• Sale Three - Title Commitment
• Sale Three - Title Commitment Exception Documents
• School Information
• Tax Information
• Utility Information
• Zoning Information

In Maynardville, from the intersection of Maynardville Hwy & Hickory Star Rd. (144), take Maynardville Hwy northwest approx. 7.5 miles to property on right.

• Sale 1: 53 Acres on Norris Lake Subdivided Into 5 Tracts
• Sale 2: Approx. 3.09 Acres on Norris Lake
• Sale 3: Approx. 109 Acres Commercial/Development Land
• Sale 4: Approx. 4,000 sq. ft. Home on 17 Acres
• Sale 5: Approx. 20.75 Acres in Claiborne County
• Sale 6: Approx. 45 Acres off Leadmine Bend/Walker Road