ENDED – ABSOLUTE REAL ESTATE AUCTION – SALE 3: Three Residential Lots in Chattanooga

THIS AUCTION HAS ENDED.

PROPERTY DETAILS:

Absolute Real Estate Auction

3 Residential Development Lots in Chattanooga, TN

Intersection of E 40th St. & Calhoun Ave.

Thursday, June 15^th at 12:00 PM

Addresses: 3913 Calhoun Ave., 1503 E. 40th St., Calhoun Ave.

Auction to be conducted from 555 McFarland Avenue, Rossville, GA

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• Three Lots to be Offered Separately
• 2 Lots at intersection of 40^th & Calhoun Ave. Adjoin and are located directly across from Eagle Mechanical
• Third Lot is on Calhoun Ave. just Around the Corner from other 2 Lots
• Great Location just 3 Blocks off Rossville Blvd.

TN License #62 GA Firm #273 GARE #17156

ONLINE BIDDING

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PAYMENT TERMS

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10% Buyer’s Premium On-Site: 13% Buyers Premium Online. 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. LAST AVAILABLE DAY TO CLOSE IS WEDNESDAY, JULY 5^TH.  NO EXTENSIONS AVAILABLE.

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A 2% commission will be paid to the Licensed Real Estate Broker properly licensed.

Broker Participation Sale 3 - Three Lots in Chattanooga

ZONING

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Zoning: R- 2: Residential

UTILITIES

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• Electricity: EPB (Electric Power Board)
• Water: Tennessee American Water
• Sewer: City of Chattanooga
• Gas: Chattanooga Gas

Properties are not currently connected to any utilities.

TAXES

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Estimated Real Estate Taxes

• Lot 1 (1503 E 40^th St.)
  • City: $152.97, County: $183.19
• Lot 2 (3913 Calhoun Ave.)
  • City: $95.25, County: $114.06
• Lot 3 (Calhoun Ave.)
  • City: $63.50, County: $70.04

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Buyer is responsible for pro-rated share of current year property taxes

Back/Delinquent Taxes will be paid by seller.

PROPERTY DOCUMENTS

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• Aerial Image - Identifying 3 Chattanooga Parcels
• Property Report - Chattanooga Parcel 1
• Property Report - Chattanooga Parcel 2
• Property Report - Chattanooga Parcel 3
• R-2 Zoning Regulations (City of Chattanooga)
• Tax Information
• Tax Map - 3 Chattanooga Parcels
• Utility Information
• Zoning Information
• Zoning Map - Chattanooga Parcels

DIRECTIONS

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From the intersection of I-24 & Rossville Rd. in Chattanooga take Rossville Rd. S (Exit 180B) approx. 1.7 miles. Turn right onto 40^th St. and travel approx. 0.2 miles to properties on right.