ENDED – ABSOLUTE REAL ESTATE AUCTION – 17 Residential Lots & 9.94 Acre Tract

Absolute Real Estate Auction

To Be Sold to the Highest Bidder without Minimum or Reservation

 22368 Steekee Road, Loudon, TN

Auction Date/Time: Saturday, September 9^th,  2017 – 10:30 am

Inspection Date/Time: Property Can Be Inspected At Any Time

Bid Live or On-Line

---

Property Description:

17 Residential Lots & 9.94 Acre Tract

“White Estates Subdivision”

• Property Details:
  • Lot 1 - 1.25 Acres
  • Lot 2 - 1.23 Acres
  • Lot 3 - 1.13 Acres
  • Lot 4 - 1.06 Acres
  • Lot 5 - 1.21 Acres
  • Lot 6 - 1.06 Acres
  • Lot 7 - 1.24 Acres
  • Lot 8 - 1.17 Acres
  • Lot 9 - 1.22 Acres
  • Lot 10 - 1.17 Acres
  • Lot 12 - 1.11 Acres
  • Lot 13 - 1.15 Acres
  • Lot 14 - 1.22 Acres
  • Lot 15 - 1.00 Acres
  • Lot 16 - 1.51 Acres
  • Lot 17 - 1.49 Acres
  • Lot 18 - 1.45 Acres

• Utility Water Available
• Peaceful, Rural Setting
• Convenient to Loudon, Lenoir City & I-75
• Roads located within White Estates have not been accepted by the county and considered Private Roads

TN License #62

PAYMENT TERMS

---

Terms:  10% Buyer’s Premium on Site, 13% Buyer’s Premium On-Line. Successful bidders will deposit 10% of the purchase price (including Buyer’s 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

---

 According to Loudon County Planning, the subject property is zoned as follows:

• A-1: Agricultural/Forestry District

ONLINE BIDDING

UTILITIES

---

• Electricity: Loudon Utilities
• Water: Loudon Utilities
• Sewer: Not Available
• Gas: Not Available

TAXES

---

According to the Loudon County, TN Property Assessor’s Office, the estimated real estate taxes for the subject property are as follows:

• Lot 1: $144.98
• Lot 2: $143.12
• Lot 3: $133.83
• Lot 4: $127.79
• Lot 5: $141.26
• Lot 6: $127.79
• Lot 7: $144.05
• Lot 8: $137.54
• Lot 9: $142.19
• Lot 10: $137.54
• Lot 12: $132.43
• Lot 13: $135.69
• Lot 14: $142.19
• Lot 15: $122.67
• Lot 16: $168.68
• Lot 17: $166.82
• Lot 18: $163.10
• 9.94 Acre Tract: $574.34

2017 Taxes will be pro-rated at closing

---

Any back/delinquent taxes will be paid by seller

PROPERTY DOCUMENTS

• Steekee Road - Tax Information
• Steekee Road - Tax Map
• Steekee Road - Utility Information
• Steekee Road - Zoning Information
• Steekee Road - Aerial Image
• Steekee Road - Aerial with Lots Identified
• Steekee Road - Loudon County A-1 Zoning Ordinance
• Steekee Road - Overview of Roads in White Estates
• Steekee Road - Plat of Record
• Steekee Road - Property Report (9.94 Acre Tract)
• Steekee Road - Property Report (17 Lots)
• Steekee Road - Restrictions of Record
• Steekee Road - Title Commitment - (9.94 Acre Tract)
• Steekee Road - Title Commitment - (17 Lots)
• Steekee Road - Title Commitment Exception Documents - (17 Lots)

DIRECTIONS

---

From exit 72 on I-75, travel east (toward Loudon . Turn right onto Steekee Rd. and travel approx. 3.4 miles to property on right.