Absolute Auction – Approx. 96 Acres, Sub-Divided into 12 Tracts

May 16, 2020

10:30 EST

 

Rob Strickland 865.310.3208 or Chuck Fisher 865.310.3204

Auction Information

Absolute Auction of the Estate of Nina Rhea Snodgrass

Approx. 96 Acres, Sub-Divided into 12 Tracts

To Be Offered Separately and as a Whole

1767/1793 Witt Rd., White Pine, TN 37890

FOR GPS PURPOSES PLEASE USE

1767 WITT'S FOUNDRY RD., WHITE PINE, TN 37890

AUCTION: SATURDAY, MAY 16TH AT 10:30AM

INSPECTION: PROPERTY CAN BE VIEWED AT ANY TIME

Bid Live or Online!

We want to assure you that we take the health and well-being of our community, customers, and associates very seriously.  Like you, we’re closely monitoring the quickly developing effects of the Coronavirus (COVID-19) pandemic.  We will be practicing social distancing at the auction.  Since the auction is outside and no tent will be provided, there should be no problem for people to be 6 feet apart.  In case of inclement weather please bring rain gear.  We will limit the # of buyers to no more than 10 people per group.  Please no children allowed due to current circumstances.  We are all in this together.  We will continue to monitor the COVID-19 situation and will follow guidance from public health officials and government agencies.  This will be a live and online auction however, we will have the ability to take bids from you if you choose to remain in your vehicle or via phone.  Please call our office 865-546-3206 to make special arrangements.

 


Property Details:
  • Approx. 96 Acres
  • Sub-Divided into 12 Tracts
  • Tract 1 - 5.38 Acres
  • Tract 2 - 5.00 Acres - Improved with 5 Barns of Various Sizes
  • Tract 3 - 22.96 Acres - Improved with Utility Building
  • Tract 4 - 8.54 Acres
  • Tract 5 - 5.00 Acres - Improved with a 1900 sq. ft. home (needs repairs)
  • Tract 6 - 9.98 Acres - Improved with a home (needs extensive repairs) & 2 barns
  • Tract 7 - 5.21 Acres
  • Tract 8 - 5.00 Acres
  • Tract 9 - 6.56 Acres
  • Tract 10 - 8.26 Acres
  • Tract 11 - 5.65 Acres
  • Tract 12 - 9.07 Acres
  • To Be Offered Separately and as a Whole
  • Mostly Clear, Rolling Pasture
  • Improved with two Single Family Homes and Several Barns & Outbuildings
  • Great Mountain Views
  • Utility Water & Sewer Available
  • Excellent Development Potential
  • Approx. 3,600 Feet Frontage on Witt Road
  • Ideal Location, Convenient to White Pine, Morristown & I-8

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.
ZONING
  • A-1: Agriculture/Forestry District (Jefferson County)
TAX INFORMATION
  • Property is currently comprised of two tax parcels.
  • Approx. County Taxes (Jefferson County): $1,726.66
    • 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 of Greenbelt, seller will be responsible for Rollback Taxes as long as buyer(s) who intend to remove property from Greenbelt inform us of their plans PRIOR TO CLOSING.
SCHOOL INFO
  • Elementary: White Pine
  • Middle: Jefferson Middle
  • High: Jefferson County High
UTILITIES
  • Electric: Appalachian Electric Cooperative
  • Water: White Pine Water/Sewer Department
  • Sewer: White Pine Water/Sewer Department
  • Gas: N/A
Indicated utilities are available but may not be currently connected.
DIRECTIONS
  • From the intersection I-81 at Exit 8 (Morristown) go south on State Street (Hwy 32) and travel approx. 0.5 miles. Turn right onto Agricultural Park Dr. and travel approx. 0.4 miles to end of road. Turn left onto Witt Rd. and travel approx. 0.9 miles to property on right/left. Look for Auction Signs.

Organizers