REAL ESTATE AUCTION: Beautiful Brick Home in Loudon, TN
REAL ESTATE ONLINE ONLY AUCTION: Beautiful Brick Home in Loudon, TN
LOCATION:
1614 Oak Street, Loudon, TN 37774
AUCTION STARTS TO CLOSE:
WEDNESDAY, FEB 18 @ 7PM
OPEN HOUSE:
TUESDAY, FEB 10 @ 10AM-4PM
Don’t miss this opportunity to purchase a beautiful all-brick home located in the highly sought-after Green Acres Subdivision in Loudon, TN. This property offers space, location, and potential. Approximately 2,948 square feet, this 3 Bedroom, 2 Bathroom home is a must-see! Perfect for outdoor living with a large, fenced backyard situated on a spacious 0.85-acre level lot.
Just 0.5 miles off Highway 11, the home is convenient to shopping, dining and close to historic downtown Loudon.
REAL ESTATE TERMS
Click for full terms. All Bidders and other persons participating in this sale agree that they have read and have full knowledge of these terms and agree to be bound thereby.
BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For a $400,000 bid, a 10% buyer’s premium of $40,000 will be added to arrive at the total purchase price of $440,000.
PAYMENT TERMS: The successful bidder will deposit 10% of the purchase price (including Buyers Premium) and is due SALE DAY immediately at the conclusion of auction in the form of Wire, 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 30 DAYS OF SALE DATE, NO EXTENSIONS.
ONLINE BIDDING
Plan to create your account and/or sign in to bidspotter.com well before the auction start time to ensure your bidding access. To avoid any internet lags, we suggest you place your maximum bid and allow the computer to bid for you. Furrow Auction Company is NOT responsible for any computer issues or malfunctions.
PROPERTY DOCUMENTS
UTILITIES
Electric: Loudon Utilities, 1 Meter
Water: Loudon Utilities, 1 Meter
Sewer: Home on Septic System
Gas: Loudon Utilities, 1 Meter
ZONING
R-1-S, Single Family Residential District
For additional information, please contact the City of Loudon Zoning Office at 865-458-2033 or visit them at http://www.cityofloudon.org.
REAL ESTATE TAXES
City Taxes: $840.74
County Taxes: $1,249.30
Taxes to be pro-rated at closing
SCHOOLS
Elementary: Loudon
Middle: Ft. Loudon
High: Loudon
Samuel J. Furrow | TN PBL #26
