SOLD – Absolute Real Estate Auction – 57.22 Acres of Residential Development Land (Chattanooga)

THIS AUCTION HAS ENDED.

AUCTION TO BE CONDUCTED FROM PARKING LOT OF ANTIOCH MISSIONARY BAPTIST CHURCH LOCATED JUST EAST OF THE INTERSECTION OF GREENWOOD RD & PLUMWOOD RD AT: 901 GW DAVIS DRIVE, CHATTANOOGA, TN 37406

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 Absolute Auction, Without Minimum or Reservation

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Approx. 57.22 Acres of Residential Development Land

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3215 Geneal Lane, Chattanooga, TN 37406

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AUCTION DETAILS

• 57.22 Acres
• Comprised of Two Tax Parcels (Parcel 137I E 002 & Parcel 137I E 023)
• Over 200' Frontage on Greenwood Road
• Wooded Tract
• Unimproved
• Ideal for Residential Development or Recreational Use

TERMS: 10% Buyer’s Premium - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due on 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.

TAX INFORMATION

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Estimated Annual Real Estate Taxes:

• Hamilton County: $1,204.93 (Total of Two Parcels)
• City of Chattanooga: $1.006.15 (Total of Two Parcels)

ZONING

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R-1 – Single Family Residential District

UTILITY INFORMATION

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• Electricity: Electric Power Board
• Water:Tennessee American Water
• Sewer: N/A
• Natural Gas: N/A

PROPERTY DOCUMENTS

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• Geneal - Property Appraisal
• Geneal - Property Report
• Geneal - School Information
• Geneal - Survey Dated 04.01.09
• Geneal - Tax Information
• Geneal - Tax Map
• Geneal - Title Commitment
• Geneal - Topo Map
• Geneal - Utility Information (revised)
• Geneal - Zoning Information
• Geneal - Zoning Map

SCHOOL INFORMATION

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• Elementary: Hardy
• Middle: Dalewood
• High: Brainerd

DIRECTIONS

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Located at intersection of Greenwood Rd. & Geneal Lane.