Furrow Auction Company
ABSOLUTE REAL
ESTATE AUCTION

To Be Sold To The Highest Bidder
Without Minimum or Reservation
(22) Residential Lots in Woodland Estates Subdivision


Intersection of County Roads 260 & 263
Niota, TN

 

Saturday, August 4th, 2012 - 12:30 PM
Open House: Available anytime for drive-by inspection

  • Level building lots
  • Located just minutes from I-75 and Highway 11 in Niota
  • To include lots 1, 3, 4, 5, 6, 7, 9, 10, 11, 13, 14, 15, 16, 22, 25, 26, 27, 28, 29, 30, 31 & 32.

 

Zoning: There are no zoning regulations within McMinn County
Utilities:

Electricity provided by Athens Utility Board
City Water provided by the City of Niota Waterworks
Tap Fee - $700.00
Service Fee - $15.00 

 * All lots have been approved for Septic Tank and Drainfield by the McMinn County Health Department. Please see note on Recorded Map of Record.

Estimated Real Estate Taxes:
Approximate Annual McMinn County Real Estate Taxes - $128.00

* Approximate Tax Amounts PER LOT

Buyer Responsible for All Property Taxes and Closing Costs

Schools:
Elementary: Niota Elementary School (Grades K – 8)
High: McMinn County High School (Grades 9 – 12)

Directions: In Niota, from the intersection of Union Grove Road & Lee Highway at the Crescent Sock Company, travel southwest on Lee Highway toward Athens for 4/10 mile.  Turn RIGHT at flashing light onto Burn Road and travel ½ mile.  At fork in road, stay straight onto Pond Hill Road and travel 1 mile.  Turn LEFT onto County Road 260 and travel 2/10 mile to property on RIGHT.


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, AUGUST 24TH, 2012. NO EXTENSIONS AVAILABLE. Sale day announcements control terms of auction. Acreage and square footage believed to be accurate, but not guaranteed.

Have a Question about this Auction?  Click here to send e-mail directly to a Furrow Representative.

**All Square Footage and Acreage amounts are believed to be accurate but not  guaranteed. All information was obtained from appraisals and local courthouse records.**

 
 
 
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AUCTION DOCUMENTS

Amendment to Declaration of Covenants & Restrictions
Declaration of Covenants & Restrictions
Directions
Plat Map
School Zone Information
Subdivision Map of Record
Tax Information
Tax Receipt
Title Commitment
Utility Information
Warranty Deed
Zoning Information

 

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