SOLD – Auction of 4 Estate-Size Lots on Main Channel of Fort Loudon Lake

September 20, 2014

10:30 am

401 Plantation Way, Loudon County, TN

Can be inspected at any time

Auction Information

Four Main Channel Lots in The Plantation

THIS AUCTION HAS ENDED.

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Lot 2
  • 1.25 Acres
  • 201.81 Feet Frontage on Ft. Loudon Lake
Lot 4R
  • 1.87 Acres
  • 182.16 Feet Frontage on Ft. Loudon Lake
Lot 5R
  • 2.31 Acres
  • 178.47 Feet Frontage on Ft. Loudon Lake
Lot 6
  • 2.30 Acres
  • 180.17 Feet Frontage on Ft. Loudon Lake
Dockable, Main Channel Location Community Entrance Features French Wrought Iron Gates with an Italian Limestone Fountain, Gate House and Cobblestone Entryway Approved for 5-6 Bedroom Homes Private, Peaceful Community Shoreline of All Lots Protected by Established Gabion Basket Seawall Design
Terms: 10% Buyer's Premium - Successful bidders will deposit 10% of the purchase price (including Buyer's Premium) on sale day in the form of cash, certified check or wire, personal or company check, plus a real estate contract must be signed. Balance is due in certified funds at closing. CLOSING MUST TAKE PLACE WITHIN 20 DAYS. LAST POSSIBLE CLOSING DATE IS BY END OF DAY ON FRIDAY, OCTOBER 10TH, 2014. 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 IT'S "AS IS, WHERE IS WITH ALL FAULTS" CONDITION WITH NO WARRANTIES EITHER IMPLIED OR EXPRESS EXCEPT WARRANTY OF TITLE. **All square footage and acreage amounts are believed to be accurate but not guaranteed. All information was obtained from appraisals and local courthouse records.**
Estimated Real Estate Taxes: Annual Loudon County Real Estate Taxes: Info to come Buyer is responsible for pro-rated share of current year property taxes Back/Delinquent Taxes will be paid by seller.
Zoning: A-2: Rural Residential (Loudon County)
Utilities: Electric – Lenoir City Utilities Board Water – Martel Utility District Sewer – Not Available (all lots have been approved for septic system) Gas – Not Available
School Information: Elementary: Highland Park Middle: North Middle High: Lenoir City
2% Broker Participation Available. Pre-registration is required.

Organizers

Contact Information

Chuck Fisher, 865.546.3206

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