Court Ordered Estate
Settlement AUCTION

Saturday, Dec. 14, 2019 at 11 a.m.

Court Ordered Estate Settlement
A  U  C  T  I  O  N
Saturday, December 14th at 11 a.m.
Note: In case of rain, the auction will be conducted inside the home.

Auction To Be Conducted On The Premises….
1016 Lake Street
Sevier Terrace Addition

Kingsport TN 37660 

All Brick Split-level Home with 3 BRs and 2.5 Baths
A solid, well-built home in a popular neighborhood.
Very affordable house, ready for cosmetic updating.

3BR  on the upper living level with full bath.
Living Room, Eat-in Kitchen, and 1/2 bath on the main living level.
Den on the lower living level.
1-car Garage with utility area and full bath.

Hardwood floors in bedrooms and in living room (under LR carpet).
Fireplaces in Living Room and in Den (w/ stove insert)

Heat Pump

80′ x 135′ x 81′ x 127′ Lot

Note: A copy of the TAX REPORT is available in the DOCUMENTS section of this Ad for viewing or printing.

More details and pictures to come soon, check back often….

Property Address

1016 Lake St. Sevier Terrace
Kingsport TN 37660

From W. Stone Drive (across from Jeffrey Dalton Allstate Insurance) turn onto Fairmont Avenue and take an immediate right onto Mimosa Drive, then the first right onto Fain Avenue. Lake St is the 3rd Street on the left. 1016 is near the end of the block, look for the auction sign in the yard.

Click Here for a Map

Auction Location

On The Premises at 1016 Lake St.
Kingsport TN #7660

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 will pay 10% of the final sale price as deposit at the conclusion of the auction. The balance will be due in full within 15 days after approval of the sale by the Chancery Court of Sullivan County, TN.
All property is sold "as is, where is", with no warranties or guarantees given or implied by the Seller or Auctioneer.
No Buyers 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
Prospective Purchasers of residential structures built prior to 1978 have a 10-day period beginning with the first appearance of auction newspaper advertising (12.01.19) 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 time of signing the purchase contract.

NOTES
NOTE: Statements, terms, and availability day of auction take precedence over pre-auction advertising, statements, or information.

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