ABSOLUTE REAL ESTATE AUCTION – Approx. 63 Acres Improved with Cape Cod Style Home

August 21, 2021

10:00 EST

Friday, August 13th 10:00am - 3:00pm

 

Rob Strickland 865.310.3208 or Chuck Fisher 865.310.3204

Auction Information

ABSOLUTE REAL ESTATE AUCTION

Approx. 63 Acres Improved with Cape Cod Style Home Sub-Divided into Tracts

To Be Offered Separately and as a Whole

780 Greenlee Rd., Rutledge, TN 37861

SATURDAY, AUGUST 21st at 10AM EST

INSPECTION: Friday, August 13th from 10:00am - 3:00pm


PROPERTY DESCRIPTION
  • Approx. 63 Acres
  • Sub-Divided into Tracts
  • To Be Offered Separately and as a Whole
  • Mostly Clear, Rolling Pasture
  • Improved with a 2,254 sf Cape Cod Style Home
    • 3 Bedrooms, 2.5 Baths
    • 2 Car Garage
    • Den with Stone Fireplace
    • Large, Unfinished Basement
  • Additional Improvements include Shop, Equipment Shed and Numerous Greenhouses
  • Approx. 1,543 Feet Frontage on Greenlee Rd.

Samuel J. Furrow | TN PBL #26

PAYMENT TERMS
  • 10% Buyers Premium.  The successful bidders will deposit 10% of the purchase price (including Buyers 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.
UTILITIES AVAILABLE
  • Electric: Appalachian Electric Cooperative
  • Water: Property is Served by Well Water
  • Sewer: Septic
  • Gas: N/A
SCHOOL INFORMATION
  • Primary: Rutledge Primary
  • Elementary: Rutledge Elementary
  • Middle: Rutledge Middle
  • High: Grainger County High
ZONING
  • Property is located in Grainger County and there is no applicable zoning.
REAL ESTATE TAXES
  • Approx. County Taxes (Grainger County): $1,800.00
    • Buyer will pay pro-rata share of current year taxes
    • Any back/delinquent taxes will be paid by seller
    • Property is currently in Greenbelt, if taken of Greenbelt, seller will be responsible for Rollback Taxes as long as buyer(s) who intend to remove property from Greenbelt inform us of their plans PRIOR TO CLOSING.
DIRECTIONS
  • From downtown Rutledge, travel south on Highway 92 for .3 miles. Turn left onto Knob Creek Road. Travel 1.7 miles and turn right onto Cooper Road. Travel .7 mile and turn left onto Central Point Road. Travel .7 mile and turn right onto Greenlee Road. Travel 1.6 miles and property on left. Sign on property.

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