ABSOLUTE REAL ESTATE AUCTION – 154.27 Acres, Sub-Divided into 15 Tracts, located in Friendsville

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ABSOLUTE REAL ESTATE – 154.27 Acres

Sub-Divided into 15 Tracts, To Be Offered Separately and as a Whole

12940 Unitia Rd., Friendsville, TN 37737

SUNDAY, MARCH 27^TH at 2:00 PM

Auction to be Conducted On-Site

INSPECTION: PROPERTY CAN BE INSPECTED AT ANYTIME

PROPERTY DESCRIPTION

• Approx. 154.27 Acres
• Sub-Divided into 15 Tracts
• To Be Offered Separately and as a Whole
• Mostly Clear, Rolling Pasture
• Over 0.5 Miles of Frontage on Unitia Rd.
• Excellent Development Potential
• Ideal Location, convenient to Maryville, Lenoir City & Knoxville

Samuel J. Furrow | TN PBL #26

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ZONING:

• A-1 Agriculture/Forestry District (Loudon County)

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UTILITIES:

• Electricity: Fort Loudon Electric Cooperative
• Utility Water:
• Sewer: N/A
• Gas: N/A

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TAXES:

• Property is currently comprised of five tax parcels
• Approx. County Taxes (Jefferson County): $1,932.45

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

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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.

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PROPERTY DOCUMENTS:

• A-1 Zoning Ordinance (Loudon County)
• Aerial Image
• Boundary Survey
• Flood Map
• Final Subdivision Map (REVISED)
• Property Report(s)
• Proposed Order of Sale
• Proposed Restrictions – Scott Farm (REVISED)
• Sample Warranty Deed
• Soil Letter
• TASS Email Regarding Water Availability
• TASS Water Service Connection Rates
• Tax Information
• Tax Map
• Title Commitment (REVISED)
• Topo Map
• Utility Information
• Water Line Map
• Zoning Information (REVISED)

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DIRECTIONS: Coming soon…

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