Online Bidding Only
Bidding Starts Closing
Saturday July 11 10 am
235 County Road 707
Athens Tennessee 37303
Basement Cape Cod Home & 40 Acres
Offered in 7 Tracts
2 story work shop
2.36 ACRE LAKE STOCKED WITH FISH
Pasture and wood Land
Open House July 9 10-5 Pm
Tract 1 House, Barn 5.01 Acres fronting Lake,
Basement Cape Cod Home & 40 Acres
Home built in 1980 approx 3090 square feet Heated and Cooled, Basement level needs some finishing
THE FIRST FLOOR HAS ONE BEDROOM, FULL BATH, LARGE LIVING ROOM WITH FIREPLACE INSERT, KITCHEN DINING ROOM COMBO., AN OFFICE AND LARGE WALK-IN CLOSET, HEART PINE FLOORS AND CARPET IN BEDROOM. LARGE FRONT AND BACK PORCHES. HAS A BEAUTIFUL VIEW OF THE 2.36 ACRE LAKE
If Tract 1 with house sells alone from tract 2 tract 1 buyer will need to install electrical meter
Tract 1 has well water( public water is at the road)
Tract 2 2 Story work shop 9.09 acres fronting lack and additional pond
40 FT. x 60 FT. LARGE TWO STORY BUILDING WITH 12 FT. CEILINGS DOWNSTAIRS AND 8FT. CEILINGS UPSTAIRS, WORKSHOP AND TWO CAR GARAGE ON THE FIRST FLOOR, LARGE LIVING AREA ON THE SECOND FLOOR, BEING SOLD WITH APPLIANCES. TWO – 9FT. GARAGE DOORS, (ONE MANUAL AND ONE ELECTRIC), LP GAS, SUPER SAVER VENT LESS HEATER, ONE FULL BATH DOWNSTAIRS, AND A HALF BATH UPSTAIRS, CITY WATER.
Tract 3 8.47 Acres Fronting Lake
Tract 4 6.72 Acres
Tract 5 5.14 Acres
Tract 6 5.48 Acres
Tract 7 .92 Lot
Auction In conjunction with
Ronnie Colyer Auction & Realty 1-423-334-5340
DIRECTIONS: FROM HWY. 30 AND HWY. 11 JUNCTION IN ATHENS, TN, TAKE HWY. 11 S. TOWARD RICEVILLE 2.71 mi. TURN LEFT ON COUNTY ROAD 718 GO .3 OF mi. TURN RIGHT ON HWY. 39 (OLD RICEVILLE RD.) GO 1 mile, TURN LEFT ON COUNTY ROAD 708 GO .6 OF MI.TURN LEFT ON COUNTY ROAD 707 GO .6 of mi. AUCTION ON RIGHT.
TERMS: The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions, and any other documents needed immediately upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales contract price. US currency cash or approved check. The balance is to be paid in full at deed closing within 30 days. Valley Title Services LLC will conduct the closing. Current taxes will be prorated at the date of closing. Seller to provide deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs to be split between the buyer and seller. Buyer is to obtain their own financing. The contract will not be contingent upon financing, inspections or any other contingencies. Powell Auction & Realty, LLC and its auctioneers and employees are representing the sellers as the sellers’ Agents. All properties are sold “AS-IS, WHERE-IS and WITH ALL FAULTS,” without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All measurements, square footage and age are approximate and not guaranteed. Seller and/or Agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer to verify ALL information to their satisfaction prior to bidding.
Selling From Survey By Christian M Medders dated 2/21/20
ONLINE REAL ESTATE TERMS: Thank you for participating in a Powell Auction & Realty, LLC Online Auction. It is important that you familiarize yourself with the Terms and Conditions of the Sale. If you do not agree with any of the terms and conditions stated, PLEASE DO NOT BID or you will be bound by those Terms and Conditions. Good luck and good bidding. Auctioneer/Employees without notice may withdraw, extend or rearrange any property, and or item at their sole discretion at any time and will not be liable for any computer, internet or website malfunctions. If bids are placed within the last minute, bidding will automatically extend to prevent bid sniping.Payment must be made within 24 Hours after being contacted by Powell Auction & Realty, LLC. Powell Auction & Realty, LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed after the auction has ended. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS” with no financing, inspection or other contingencies to sale. Auctioneer represents the seller only and does not inspect properties on Bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding.
Soft Closing :The Auctioneer’s online auctions are designed to mimic traditional “live” actions. For this reason, this auction will have a staggered, dynamic closing. Staggered Closing: auctions will be either sold close online only or live with internet bidding. Sold close will allow extended bidding until no bids are placed for one minute. Live auctions with internet bidding allows rebidding and bidding during live auction. 10% Buyers Premium is added to all bids to establish total purchase price.
Financing Chase Kizer Email ckizer@RiverValleyAgCredit.com