Absolute Auction – Approx. 242 Acres in Jonesborough

August 15, 2020

10:30 EST

 

Rob Strickland 865.310.3208 or Chuck Fisher 865.310.3204

Auction Information

Absolute Auction - Approx. 242 Acres in Jonesborough

Approx. 242 Acres Sub-Divided into 20 Tracts

To Be Offered Separately and as a Whole

GPS address of the last property on the right before you arrive at the Auction Site is 1050 Mill Springs Rd., Jonesborough, TN 37659

PLEASE SEE DIRECTIONS FOR MORE DETAIL

Auction to be conducted on-site

SATURDAY, AUGUST 15TH AT 10:30AM

INSPECTION: PROPERTY CAN BE VIEWED AT ANY TIME

 


Property Details:
  • Approx. 242 Acres
  • Sub-Divided into 20 Tracts
  • To Be Offered Separately and as a Whole
  • Mostly Clear, Level to Rolling Pasture with some Woodland
  • 2 Springs on Property
  • Great Mountain Views
  • Utility Water Available
  • City Sewer in Close Proximity
  • Frontage on Two Roads
    • Over 2,000 Feet Frontage on Mill Springs Rd.
    • Over 1,300 Feet Frontage on Carter Lane
  • Outstanding Development Potential
  • Ideal Location, just outside city limits of Historic Jonesborough & within 10 Miles of Downtown Johnson City

Principal Broker License #26

PAYMENT TERMS
  • 10% Buyers Premium. The successful bidders will deposit 10% of the purchase price (including Buyers Premium) 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.
  • CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.
ZONING
  • A-1: General Agricultural District (Washington County)
TAX INFORMATION
  • Property is currently comprised of 4 Tax Parcels
  • Approx. County Taxes (Total for all 4 Parcels): $2,817.00
    • Buyer will pay pro-rata share of current year taxes
    • Any back/delinquent taxes will be paid by seller
    • Property is currently in Greenbelt, if taken out of Greenbelt, seller will be responsible for Rollback Taxes as long as buyer(s) who intends to remove property from Greenbelt informs us of their plans PRIOR TO CLOSING.
SCHOOL INFO
  • Elementary: Jonesborough Elementary
  • Middle: Jonesborough Middle
  • High: Davy Crockett High
UTILITIES
  • Electric: Brightridge Utilities
  • Water: Jonesborough Water Dept.
  • Sewer: Sewer is in close proximity (Patriot Pointe) and could potentially be extended to serve this property
  • Gas: N/A
Indicated utilities are available but may not be currently connected.
DIRECTIONS
  • Directions to Auction Site – Tracts 1 – 11 & 20 – Traveling NE on Hwy 11E – turn right onto N. Washington Drive (between the Exxon Station & First Horizon Bank) – travel 2/10 mile – turn left onto W Main Street – travel 4/10 mile – turn right onto Spring Street (across from First Baptist Church) – travel 8/10 mile (at which time you will cross some railroad tracks and Spring Street becomes Mill Springs Road – travel another 8/10 mile (total 1.6 miles) to the property on the right.  GPS address of the last property on the right before you arrive at the auction site is 1050 Mill Springs Road
  • Directions to Tracts 12 – 19 – In downtown Jonesborough – at the intersection of Main Street & S. Second Avenue – turn onto S. Second Avenue (at the Jonesborough United Methodist Church) – travel 1/10 mile – turn right onto Depot Street – travel 1/10 mile – turn left onto Bowman Avenue – travel 4/10 mile – turn right onto S. Cherokee Street – travel 1.2 miles (at which time S. Cherokee Street becomes Old Embreeville Road) – turn left onto Carter Lane at the intersection with Jim Town Road – travel 3/10 mile to the property on both sides of Carter Lane.  GPS address of the last property on the right before you arrive at the auction property is 156 Carter Lane
  • Directions to additional access for Tract 20 – In downtown Jonesborough – at the intersection of Main Street & S. Second Avenue – turn onto S. Second Avenue (at the Jonesborough United Methodist Church) – travel 1/10 mile – turn right onto Depot Street – travel 1/10 mile – turn left onto Bowman Avenue – travel 4/10 mile – turn right onto S. Cherokee Street – travel 1.2 miles (at which time S. Cherokee Street becomes Old Embreeville Road) – continue on for another 4/10 mile (total 1.6 miles) – turn left onto Jim Range Road – travel 5/10 mile to access to Tract 20 on the left.  GPS address of the last property on the left before you arrive at Tract 20 is 241 Jim Range Road

Organizers