Chancery Court Auction
67.5 +/- Acres

Saturday, December 7, 2019

Chancery Court Ordered
Estate Settlement
A  U  C  T  I  O  N !
Saturday, December 7, 2019, at 11:30 a.m.

4617 Sullivan Gardens Parkway (Hwy 93)
Kingsport, TN 37660

67.5 +/- Acres          Zoned A-1
The sale property lies on both sides of Sullivan Gardens Parkway/Hwy 93.

To be Offered in 8 Tracts and Combinations.
All tracts are over 5 acres except Tract 8.

Tracts 1-7 are currently under Greenbelt status. County Taxes are currently $620.
Any new owner of over 15 Acres will need to re-apply for Greenbelt status, if desired.

Per the new survey, the total acreage for all 8 tracts is 67.41 Acres.
Tract #s and acreage for the 67.41 Acres are listed below.
NOTE: The posted road frontage figures were calculated from dimensions on the survey, but are not guaranteed to be exact

Lower side of Hwy 93: 39.91 Ac - approx. 1,077′ hwy frontage
Tract 1: 9.32 Ac. – 125′ hwy frontage
Tract 2: 14.92 Ac. – 175′ hwy frontage
Tract 3: 5.38 Ac. – 175′ hwy frontage
Tract 4: 10.29 Ac. – 602′ hwy frontage
Upper side of Hwy 93: 27.50 Ac. - approx. 499′ + 156′ hwy frontage.
Tract 5: 10.39 Ac. – 230′ hwy frontage
Tract 6: 8.14 Ac. – 167′ hwy frontage
Tract 7: 8.14 Ac. – 102′ hwy frontage
Tract 8: .83 Ac. w/ house at 4617 Sullivan Gardens Parkway. – 156′ frontage 

The portion of the 67.41 acres that lies on the upper side of Sullivan Gardens Parkway (Hwy 93) surrounds 2 homes that are NOT included in this auction…
1. The house at 4609 that sits up in the woods on the hill is accessed by a non-exclusive right-of-way across sale tracts 6/7, and sits on an approx .6+/- ac. “cutout” lot, with Tracts 6/7 around it. It is NOT included in this auction.
2. The brown house at 4613 is NOT included in this auction.
Please do not disturb the residents of the homes, they have no auction information. 

Survey stakes,  Auction and Tract signs are installed on the Property

Sullivan County Property Reports and Tax Maps 
are available to view, print, or download in the “DOCUMENTS” Section of this Ad (right side of page)

More Details to be posted as received, check back here often….

Property Address

Hwy 93/Sullivan Gardens Parkway
Kingsport TN 37660

From Kingsport, the property is just past the intersection of Sullivan Gardens Parkway with Lone Star Rd./Mill Creek Rd., on the 2-lane section of Hwy 93. Acreage lies on both sides of the road.

Click Here for a Map

Auction Location

Auction will be conducted near the barn across the road from the white house at 4617 Sullivan Gardens Parkway.

4617 Sullivan Gardens Parkway
Kingsport TN 37660

Click Here for a Map

Contact David Cole

Questions about this property? Use the information below to contact David Cole directly or click here to open a quick contact form.

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Terms and Notes

TERMS
Purchaser(s) will pay 10% of the final sale price as deposit at the conclusion of the auction. The balance will be due in full within 20 days after court approval, or as soon as is practicable, per the Sullivan County TN Clerk and Master.
All property offered in this sale is being sold "as is", with no warranties or guarantees of any kind given or implied by any party to this sale.
Note: All sales are subject to the approval of the Sullivan County TN Chancery Court.
(No Buyer's Premium will be charged at this auction.)

DUE DILIGENCE
This property is being sold “as is, where is, as inspected, day of auction”. Neither the Seller nor the Auctioneer guarantees the accuracy or credibility of pre-auction information. Prospective purchasers are required to perform due diligence prior to bidding at the auction. This means the prospective purchaser must personally seek out the information required for the prospective purchaser to determine the property suitable for purchase. If dimensions are important, measure. If zoning and use is important, contact the appropriate city or county department to inquire as to permitted uses. If any inspection is needed, please consult a professional in the related field. Come to the auction PREPARED to bid.

TITLE X
The House on the .83 Ac. Tract is being sold "as is". Prospective purchasers of residential structures built prior to 1978 have a 10-day period (beginning with the first public newspaper appearance of the legal notice for this sale) in which to inspect the subject premises for lead-based paint or lead-based paint hazards. If such inspection(s) is/are not performed within the 10-day period provided for, the Purchaser will be required to sign a waiver at the time of signing the purchase contract relinquishing the right to perform any further such inspections or tests prior to closing the transaction, and will agree to accept the property in "as is" condition at the time of signing the purchase contract.

NOTES
NOTE: Statements regarding the auction and sale terms, the order and method of property offerings, and availability at the day of auction take precedence over pre-auction advertising, statements, or information.

NOTE: The sale of this property is NOT conditional upon any buyer receiving a loan. Therefore, you must come prepared to bid and buy on the day of the auction!