SOLD – Absolute Auction – Like New Log Cabin on Clinch River with Boat Ramp

Featured Photo
Map

Map

Featured Photo

Auction Information

THIS AUCTION HAS ENDED.

To Be Sold To The Highest Bidder Without Minimum or Reservation

Approx. 1,196 sq. ft. Log Cabin
Approx. 6/10 Acre
Approx. 90’ of Frontage on the Clinch River
Cabin Details:
- 2 Bedrooms, 2 Baths on Main Level; 1 Bedroom, 1 Bath Downstairs. House approved for 2 Bedroom by Health Department
- Upstairs Loft
- Large, Eat-In Kitchen
- Downstairs Rec Room – Plumbed for Kitchen
- Storage Room Downstairs
Large Deck overlooking the Clinch River – Perfect for Entertaining
Concrete Boat Ramp already on-site, adjacent to deck

Repairs of Note:

Some of the wood around the chimney is rotten & will need to be replaced.
There is some mold on the main level around the cathedral ceiling.
Downstairs had a water pipe burst. The pipe has been capped off, but has not been repaired.

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.**

Annual Anderson County Real Estate Taxes: $1,436.91. Buyer is responsible for pro-rated share of current year property taxes

Zoning: A-1 Agricultural-Forestry District

Electric
Water
Septic Tank & Drainfield

Lake City Elementary School
Lake City Middle School
Anderson County High School