Name May 6 2017 846 Old Jefferson Pike
Auctioneer Woodmont Realty Auctions
Type Live Webcast Auction
Date(s) 4/14/2017 - 5/6/2017
Auction Agents will be on site by 10 AM Central Standard Time with the Live Public Auction starting at 11 AM CST.
Preview Date/Time The real estate will be shown the day of sale only - 5/6/2017 starting at 10AM CST
Checkout Date/Time The earnest money and contract will be executed after the successful bidder and bid has been confirmed by the seller.
Location 846 Old Jefferson Pike
Smyrna, TN 37167
Buyer Premium 6% Buyer's Premium charged
Description
PUBLIC AUCTION SALE With strong potential to go ABSOLUTE! SATURDAY, MAY 6th, 11 AM ~ JUST MINUTES FROM NISSAN, NASHVILLE, AND MURFREESBORO ~ THIS FINE - TWO BEDROOM - ONE BATH BRICK HOME ON APPROX. 1.7 ACRES 846 OLD JEFFERSON PIKE SMYRNA, TN 37167 RUTHERFORD COUNTY FRANK F. BAUGH, REALTOR AND AUCTIONEER frank@woodmontrealtyauctions.com (615) 347-4705 Location: from the intersection of Interstate 24 take Sam Ridley Parkway East, past the Smyrna Town Center and Airport across Highway 70, continuing on Sam Ridley Parkway East (HWY 266), to left on Jefferson Pike, to right on Old Jefferson Pike to Auction on right. Time: The Auction will be held at 11 AM CST - Agents will be on site, and the home will be open for inspection the day of sale, only, one hour prior to the Auction! This is a wonderful full brick home in great condition! It is ready to be moved into! It is a nice starter home for a young family, or a long-term home for empty nesters who want privacy with amenities close by. This residence is in an area associated with fine, new homes and of growing market values. This home built approximately around 1970, contains 1161 Sq. Ft. of living area according to the tax records. This home features a living room - dining room combination with a full bath off the hall that leads to two nice sized bedrooms with closets. This home features a large kitchen with a breakfast area. It also has very niece attached two car garage. It has central gas heat and air conditioning has been serviced within the past two years. The lot is approximately 1.7 Acres according the tax records. The property is zoned R-1, Low Density residential. The far end of the lot has flood and water inundation issues. This residence very best attribute is excellent location and large lot! This property is minutes from Nissan, I-24, La Vergne, Murfreesboro and Nashville. Do not let this opportunity to buy a lovely home and investment in an area of assured growth pass by! TERMS: CASH! 10% down at the Auction in cash of check, balance at the closing within two weeks with Banker's Title, Atty. Sam Anderson. Insured title furnished. For possible financing Contact Greg Goodman at SWBC Mortgage (615) 400- 5626 to pre-qualify. A 6% Buyer's Premium will be added to the final bid to arrive at the contract price! BE SURE TO MAKE ALL YOUR FINANCIAL ARRANGEMENTS BEFORE THE AUCTION! This Auction has strong potential to turn ABSOLUTE - sell without reserve - during the Auction! Be prepared financially beforehand to bid with confidence and buy this lovely home and investment opportunity in an area of assured growth of value! Announcements the day of sale take precedence over all Advertising! For More Information contact Frank F. Baugh, Realtor, and Auctioneer at 615-347-4705, frank@woodmontrealtyauctions.com
TERMS: CASH 10% DOWN AT THE AUCTION AS EARNEST MONEY, BALANCE DUE AT CLOSING WITH BANKERS TITLE ATTORNEY, SAM ANDERSON, DEED AND INSURED TITLED FURNISHED. A BIDDER MAY PRE-QUALIFY WITH GREG GOODMAN OF SWBC (6015-400-5626) AND IF SO, THOSE TERMS APPLY TO THAT BIDDER ONLY. THE SELLER'S CLOSING ATTORNEY WILL BE SAM ANDERSON OF BANKER'S TITLE AND ESCROW, 615-661-7711. THE SELLER WILL PAY FOR the Warranty Deed, Title, closing statement and their prorated part of the Taxes for 2017. THE BUYER WILL PAY FOR recording the Warranty Deed, any costs the buyer incurs in their own financing and their prorated part of the 2017 taxes. TAXES FOR 2016 were: City $278.24, County $843.53, Total: $1,121.77 - Taxes for 2017 will be prorated to the date of the Deed ZONING: R-1, Low Density Residential. Lower elevations of the property are highly subject to Flood Zone Code AE and minimally with Flood Zone X. The residence was not subject to flood insurance when last finance in 2010 IMPROVEMENTS BUILT: 1970 per Tax records UNDER THE FEDERAL LAW OF DISCLOSURE of the presence of Lead Based Paint, this structure was built prior to 1978. The Sellers have stated on the Federal Form that since the structure was built prior to 1978, lead based paint is present. The Forms and Federal disclosure pamphlets are posted for your inspection at the Auction Sale and are available online at Lead Based Paint Pamphlet for your inspection. As a condition of bidding on the property, the buyer MUST waive their right of a ten day inspection for lead based paint and sign along with signing the Contract of Purchase the waiver form which will be a permanent record of compliance. the property is selling like all Auctions "as is - where is" in all matters including the presence of lead based paint. POSSESSION: on or before thirty days from the date of Deed THE REAL ESTATE IS SUBJECT TO: restrictions, easements, and/or any other limitations of public record. THE BUYER IS RESPONSIBLE for obtaining their own permits for any improvements whatsoever THE BUYER UNDERSTANDS that the seller and/or the Auction Company and its brokers make no representations or warranties either specific or unspecific regarding the structure, any part of the structure or land or features of the land. THIS PROPERTY IS SELLING AS IS, WHERE IS. THE SELLER or the Seller through our Brokerage Company may require any bidder or prospective bidder to provide proof of financial responsibility and legal capacity to Contract and close this sale. THE AUCTIONEER RESERVES THE RIGHT TO CONTROL THE SIZE OF BIDS FOR THE SAKE OF OVERALL SPEED OF SALE AND CLARITY. QUESTIONS?
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 99,999.00 10,000.00 USD
99,999.01 - 150,000.00 2,500.00 USD
150,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 6% Buyer's Premium charged
Payment Terms
The Terms are CASH, 10% down in cash or check, balance at closing in two weeks or as soon as the closing Attorrney desiginates.