ENDED – Absolute Real Estate Auction – 2.2 Acre Residential Development Tract

THIS AUCTION HAS ENDED.

Absolute Real Estate Auction

2.2 Acre Residential Development Tract

4521 Sunflower Rd, Knoxville, TN

Wednesday October 19, 2016 at 12:00 Noon

Property can be inspected at any time.

 PROPERTY DETAILS

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• 2.2 Acres
• Located Adjacent to The Hammond Apartments/Townhomes (formerly known as Sunflower Apts.)
• 200 Feet Frontage on Sunflower Rd.
• Ideally Located Just off Middlebrook Pike
• Convenient to Downtown and West Knoxville Shopping & Dining
• All Utilities Available
• Great Potential for Small Multi-Family Development

TERMS

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10% Buyer’s Premium - 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. LAST AVAILABLE CLOSE DATE IS NOVEMBER 8TH, 2016.  NO EXTENSIONS AVAILABLE. Sale day announcements control terms of auction.  Acreage and square footage believed to be accurate, but not guaranteed.  THIS PROPERTY SOLD IN ITS "AS IS, WHERE IS WITH "ALL FAULTS" CONDITION WITH NO WARRANTIES EITHER IMPLIED OR EXPRESS EXCEPT WARRANTY OF TITLE.

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ZONING

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R-1:  Low Density Residential (City of Knoxville)

UTILITIES

• Electricity: Knoxville Utilities Board
• Water: Knoxville Utilities Board
• Sewer: Knoxville Utilities Board
• Gas: Knoxville Utilities Board

TAXES

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Estimated Real Estate Taxes: Knox County Taxes:                          $132.00 City of Knoxville Taxes:                    $154.68  

• Current Year Taxes to be Pro-Rate at Closing
• Back Taxes (if applicable) will be paid by Seller

 

PROPERTY DOCUMENTS

• Sunflower Road - Aerial Image
• Sunflower Road - Electric
• Sunflower Road - Gas
• Sunflower Road - Map & Details Report
• Sunflower Road - Property Report
• Sunflower Road - R-1 Zoning Ordinance
• Sunflower Road - Sample Sale Day Contract
• Sunflower Road - School Information
• Sunflower Road - Sewer
• Sunflower Road - Tax Information
• Sunflower Road - Tax Map
• Sunflower Road - Title Commitment
• Sunflower Road - Title Commitment Exception Documents
• Sunflower Road - Utility Information
• Sunflower Road - Warranty Deed
• Sunflower Road - Water
• Sunflower Road - Zoning Information
• Sunflower Road - Zoning Map

SCHOOL INFORMATION

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• Elementary:  Pond Gap Elementary School
• Middle:  Northwest  Middle School
• High:  West High School

DIRECTIONS

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From the intersection of Middlebrook Pike and Lonas Dr., take Lonas Dr. south for approx. .05 miles. Turn right on to Kim Watt Rd. and travel approx. .52 miles. Take a slight right onto Sunflower Rd. and travel approx. .25 miles to property on right.