Auction Information
Name Fairview - Boone Street House w/ 66 acres
Auctioneer
Type Online-Only Auction
Date(s) 6/20/2021 - 7/20/2021
Location
Buyer Premium 10% of the Bid Amount will be added
Description
7120 Boone Street - House & 6 acres...OR 66 Acres - PREMIUM LAND w/ 2 Homes A Unique Offering of 66 acres in the Heart of Fairview For those interested in a "Little or a Lot", we have it available. Offering the 66 acres in FIVE bidding lots... 1- House with 6 acres 2- House with 30 acres 3- 60 acres - Rental House & Cell Tower (leased) 4- House with 36 acres 5- 66 acres with 2 houses - This is the entire property. #1 - The main home features 2,800 square feet plus a full basement and boasts of one of the most private, secluded and scenic locations in Fairview! This home is accessed by Boone Street. (7120 Boone Street, Fairview) #2 - The second home is currently rented and has access to Chester Road (7211 Chester Road, Fairview). This house is approximately 1,000 square feet in size. Adjoining this house & lot is 30 acres, a mixture of open and wooded land. The road frontage on Chester Road is 72' (currently gated) for the land. The house has its own drive. #3 - The 60 acres offered in this bidding lot has road frontage on Chester Road and includes the cell tower (leased) and the white rental house. This land is a mixture of open land and woods. #4 - Bidding on this lot are those interested in having MORE than just 6 acres with the brick home. The additional 30 acres around the brick house are offered together with the house & 6 acres, creating a incredible 36 acres, gently rolling open and woods land. #5- Finally, we are offering the entire property as a whole. This lot is the entire 66 acres and two houses together. Income Property - $770 per month!  Located on this property is a cellular tower.  The cellular company pays the property owner $770 per month.  The owner of the property provides access to the cell tower location for maintenance and service repair.  The area around the cell tower is fenced and secure.  Access to the cell tower is by way of Chester Road. OPEN HOUSE / Property Viewing Dates: Sunday July 11th & 18th 1:00 - 3:00 PM ONE OWNER HOME - The current owners had this home built in 1995.  The house features 2,800 square feet of living space plus 1,965 square feet in the basement level for a total of 4,765 square feet under roof!  There are 5 or 6 bedrooms / 2 of which are considered master bedrooms / and 3 baths. There is a main level master bedroom and even larger upper level master bedroom with balcony overlooking the back yard and field.  The upper level master suite boasts of a SUPER-SIZED walk-in closet measuring 24' x 13' (312 sq ft of closet space in the one room). Approaching the home from the drive, there is a large aggregate concrete parking area with aggregate steps and sidewalks to the front and to the rear.  Behind the home is a barn (a horse barn originally with 3 stalls) with loft area and side shed.  Sliding barn doors on the front and rear provide both security when closed and locked and airflow ventilation when opened.The basement level is a walkout on the garage side (2 cars) and provides a lot of valuable storage / work space measuring 36' x 27'.  There is a wall between the garage area and workout / exercise / weight room (23' x 25' space).  This large room could easily be finished to provide the new owners with a lower level den, movie room, play / hobby room, or space for the home-business or office.In the description, we have stated the house features 5 or 6 bedrooms.  On the main level, there is a master bedroom with bathroom on one side of the house.  On the other side of the house, there is a large room used as a kid's playroom and TV room.  This room measures 24' x 12' and could easily be a bedroom.  Adjoining this room is another large room used as a "Collection Display Room" and Office.  This room measures 25' x 9' and could also be used as a bedroom.Hardwood floors (fairly new) are in most of the rooms while Berber carpet remain throughout the remainder of the home. Room Sizes:Living Room - 15' x 20' [Fireplace & Hardwood Floors] Kitchen / B'fast - 12' x 20' Dining - 11' x 12' Master BR Lower Level - 13' x 15' w/ 3/4 Bath Bedroom / Play Room - 24' x 12' [Hardwood Floors] Bedroom / Doll Room & Office - 25' x 9' [Hardwood Floors] Bedroom 4 Up - 11' x 11' Bedroom 5 Up - 9' x 12' Master BR Upper - 14' x 19' SUPER Walk-In Closet - 24' x 13' [with additional attic storage] Basement Level Gym / Workout Room - 23' x 25' 2 Car Garage - 36' x 27' David Hudgins, auctioneer - TN Lic# 4787 This auction is a "Multi-Par / Combo", offering multiple parcels and combinations.
PROCEDURE: The property will be offered in "Multiple Parcels & Combinations" PROCEDURE: The property will be sold as the Seller determines best DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier's check. The balance of the contract purchase price is due in cash at closing within 30 days. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the close of online bidding. BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer. CLOSING: Closing shall take place 30 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed. POSSESSION: Possession will be given at closing - Date of Deed. TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase TITLE INSURANCE. REAL ESTATE TAXES AND ASSESSMENTS: The current year taxes on said Property shall be prorated to the date of closing. There are no liens on this property and all taxes are paid current. EASEMENTS: Sale of said property is subject to any and all easements of record. SURVEY: New survey will be necessary if property is sold in parcels. The cost of the new survey will be split equally between buyers and sellers. If sold as a WHOLE, the property will sell and transfer per existing deed. AGENCY: Hudgins Auctions and its representatives are Exclusive Agents of the Seller. ZONING: Currently, the property is RESIDENTIAL. The property is located inside city limits of Fairview, TN UTILITIES: Public Water, Sewer, Gas & Electricity are available on both Boone Street & Chester Road DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages are approximate and have been estimated based on either the current survey, deed of record or property assessor's report.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 2,000,000.00 5,000.00 USD
2,000,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% of the Bid Amount will be added
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.