REAL ESTATE ABSOLUTE ONLINE ONLY AUCTION: 5.33 ACRES IN JEFFERSON COUNTY, TN
REAL ESTATE ABSOLUTE ONLINE ONLY AUCTION: 5.33 Acres Residential Land in Jefferson County
BIDDING STARTS TO CLOSE: THURSDAY, MAY 29 @ 7PM
REGISTER TO BID
5.33 Acres Residential Land in Jefferson County located at 930 Hinchey Hollow Road, New Market, TN 37820 with 7,488 SF Pole Barn
Discover this exceptional parcel of flat to rolling land with breathtaking mountain views – the perfect canvas for your dream home!
Property Highlights:
- Stunning mountain views from multiple vantage points
- Flat to rolling topography ideal for custom home design
- Convenient paved road access
- Impressive 7,488 sq ft pole barn with endless possibilities – finish it as your ultimate entertainment space or store your recreational vehicles and equipment
- Two charming silos adding authentic country character to the property
Inspection: Wednesday, May 28 from 10am-4pm at 903 Hinchey Hollow Road, New Market, TN 37820
Personal Property to be auctioned separately. View Personal Property & Equipment >
REAL ESTATE TERMS
REAL ESTATE AUCTION TERMS >
Click above 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 15% buyer’s premium will be added to the high bid. Example: For a $200,000 bid, a 15% buyer’s premium of $30,000 will be added to arrive at the total purchase price of $230,000.
PAYMENT TERMS: The successful bidder will deposit 15% 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
Online Bidding Notice: Plan to create your account and/or sign in to HIBID.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 let the computer bid for you. Furrow Auction Company is NOT responsible for any computer issues or malfunctions.
HOW TO REGISTER TO BID >
REGISTER TO BID >
ONLINE AUCTION PROCESS >
PROPERTY DOCUMENTS
UTILITIES
Water – New Market Utility District
Service Charge: $100.00
Tap Fee: $1,500.00
For more information, please feel free to contact the New Market Utility District at (865) 475-2467 or visit newmarketutility.com.
Electric – Appalachian Electric Cooperative
Membership Fee: $5.00
Deposit: $0 – $300.00 Credit Dependent
Connection Fee: $20 (next day) $60 (same day)
For more information, please feel free to contact the Appalachian Electric Cooperative at (865) 475-2032 or visit aecoop.org.
Sewer – Not Available
Gas – Not Available
REAL ESTATE TAXES
Approximate County tax: $ 356.43 (Jefferson County)
For more information, please contact the Jefferson County Trustee’s Office at office at (865) 397-2101 or visit them at http://www.jefferson countytn.gov.
Buyer will pay pro-rata share of current year taxes
ZONING
A-1, Agricultural/Forestry District
Allows single family houses, duplexes, agricultural uses and sales including barns, storage sheds, single chassis mobile homes on individual lots, neighborhood commercial convenience uses including barber and beauty shops, gasoline stations, dry cleaners, doctors and veterinarian offices and clinics, grocery stores, repair shops, laundromats, car washes, day care centers, drug stores, customary home occupations, airports and air strips, schools and other government uses, travel trailer parks, campgrounds, marina operations, ventilation facilities for sub-surface mines and semi-public uses including churches.
DIRECTIONS
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Samuel J. Furrow | TN PBL #26
