SOLD – Absolute Real Estate Auction – 75 Acres of Prime Development Land

THIS AUCTION HAS ENDED.

Absolute Real Estate Auction

75 Acres of Prime Development Land

Sub-Divided Into Tracts

Jim Wolfe Road (between East Emory Road & Tazewell Pike)

Corryton (Knox County), TN

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AUCTION DETAILS         

• 75 Acres of Pristine Level to Rolling Land
• To be Offered in Tracts
• Mostly Clear
• Over 1,250 Feet Frontage on Jim Wolfe Rd.
• Conveniently Located between E Emory Rd. & Tazewell Pike
• Utility Water Available
• Creek Runs Through Property
• Ideal for Residential Development or Agricultural Purposes

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.

BROKER PARTICIPATION

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Broker's commission of 2%, before the inclusion of the Buyer’s Premium paid at closing of property. Commission will be paid only upon final closing and when the property has been settled in full. Broker Participation Form

TAX INFORMATION

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Estimated Real Estate Taxes:

• County: $611.00 (total for all property)

• Current year taxes to be pro-rated at closing.

• Property is currently in Greenbelt, if taken of Greenbelt, Seller will be responsible for Rollback Taxes

ZONING

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

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A: Agricultural Zone (Knox County)

UTILITY INFORMATION

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• Electricity: Knoxville Utilities Board
• Water: Northeast Knox Utility District
• Sewer: Not Available
• Natural Gas: Not Available

PROPERTY DOCUMENTS

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• Wolfe - CRS Bing Map
• Wolfe - CRS Property Report
• Wolfe - Plat
• Wolfe - Flood Map
• Wolfe - Knox County Zoning Ordinance for Agricultural Zone
• Wolfe - Preliminary Subdivision Map
• Wolfe - Proposed Restrictions (updated)
• Wolfe - Soil Letter
• Wolfe - Tax Information
• Wolfe - Tax Map
• Wolfe - Title Committment
• Wolfe - Topo Map
• Wolfe - Utility Information
• Wolfe - Zoning Information
• Wolfe - Zoning Map

DIRECTIONS

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In Knoxville, from the intersection of E Emory Road & Tazewell Pike, travel east on E Emory Road approx. 3.4 miles. Turn left onto Jim Wolfe Road and travel approx. 1.3 miles to property on right.