Court-Ordered Auction
Log Home on 1.8 Ac.

SOLD at Auction! Sat. Aug. 5, 2017

COURT-ORDERED
ESTATE HEIRS SETTLEMENT
A  U  C  T  I  O  N

Saturday, August 5th at 10:30 A.M.
On the Premises at…
2708 Reservoir Rd.
Kingsport, TN 37660

(Located approx. 1/2 mile past Willowbrook on the way to Bays Mountain Park)

Note: Some Information below is copied from Sullivan County TN Tax Records and is not guaranteed by the Auctioneer to be accurate. (Example square footage).

Nice Log Home
1 BR (main level) with Loft, 1 Bath
Great Room/Kitchen/Fireplace
Main level 943 +/- sq. ft.
Loft 345 +/- sq. ft.
Built in 2010
1.89 Ac. Level Lot

3 Bay Metal Insulated Garage/Workshop
3 Bay Metal Equipment/Vehicle Shed
Storage Building

NOTES:
1. Older home on property is not currently in habitable condition.
2. Log House and outbuildings are in FEMA flood zone “X”, and therefore do not require flood insurance. (“area of minimal flood hazard, above the 500-year flood level”)
3. Most of the vacant acreage lies in Flood Zone “A” (subject to inundation by the 1% annual chance of flood event).
4. TAX MAPS are NOT based on ground-surveys of individual properties,and often do not accurately represent the exact property lines or where they lie on the ground. While they do usually pretty well show the shape of the property, the placement of the outline on the aerial photo can be, and often is, “off-center”, from left or right, and/or from top to bottom.
5. Being Sold Subject Only To Court Approval. No minimum bid is set prior to the auction.
6. Being Sold “As is, where Is, as inspected, day of auction, prior to bidding”.
7. No Buyer’s Premium.

PLEASE READ: This sale is NOT CONDITIONAL upon any buyer receiving a loan for their purchase of the property. Come to the auction prepared to bid and buy according to  the terms of the auction as announced on Auction day.

NEW INFO 8.1.17
The Legal Description of the property being sold is now available in the Documents section.
NOTE: PLEASE READ!! Also included is a hand-lettered worksheet copy of the tax map with MY interpretation of the dimensions. Do NOT take this map as correct, it might not be. In fact, if anyone thinks it is incorrect, feel free to contact me to discuss…
(423) 956-3151.
Thanks, Dave

Informational Files to view or print are available in the Documents section (on the right side of this Page).

More Information and Pictures to be Posted, check back often….

Property Address

2708 Reservoir Rd.
Kingsport, TN 37660

Click Here for a Map

Auction Location

2708 Reservoir Rd.
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.

Your Email (required)


Please leave this field empty.

Your Message (required)

Terms and Notes

TERMS
Purchaser will pay 10% of the Winning Bid/Sales Price as deposit at the conclusion of the auction. (No Buyer's Premium).The balance will be due in full within 20 days after Court Approval, or as soon as is practicable.

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.

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!