Lot # : 1 - 16± PRIME ACRES ZONED R-2

Live Webcast Auction
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Price Realized:
1,200,000.00 USD
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Price Realized 1,200,000.00 USD
Date Sold 2024-04-06T00:00:00
Sevierville, TN 37876
Date(s)
3/28/2024 - 4/6/2024
AUCTIONEER INFORMATION
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Bidding Notice:

By placing a bid in this auction, you are agreeing to all terms and conditions set forth in this auction.

Auction Notice:

If bidding online, the buyers premium and the deposit are 13%.

Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead 16± PRIME ACRES ZONED R-2
Description
Fronting Waldens Creek Road approximately 1066ft, Little Valley Road approximately 743ft and the Waters of Waldens Creek approximately 1009ft. Utility water, natural gas, city sewer and Sevier County Electric all available. Close to Gatlinburg, Sevierville, Dollywood and all the amenities!
Name VALUABLE PIGEON FORGE PROPERTY
Auctioneer
Kennedy Real Estate & Auction Co LLC
Type Live Webcast Auction
Date(s) 3/28/2024 - 4/6/2024
Auction Date/Time Info
Online bidding begins Thursday, March 28, 2024 at 11:00 AM Live auction starts Saturday, April 6, 2024 at 10:30 AM (EST)
Preview Date/Time Preview day is Friday, April 5 from 4:00 PM to 6:00 PM (EST) or you can view the property at any time.
Checkout Date/Time All paperwork and deposits must be finalized day of sale.
Location
1909 Waldens Creek Rd
Sevierville, TN 37876
Buyer Premium 13.00%
Description
The Sevier County Board of Education has unamimously decided not to utilize this valuable property; therefore, it is a surplus asset and they have contracted Kennedy Real Estate & Auction Co to sell this property at Public Auction. This tremendous prime acreage within the corporate city limits of Pigeon Forge, in the path of exciting growth will be sold in 1 Tract! Developers & investors you can't afford to mis this opportunity. It features valuable frontage on Waldens Creek Rd, Littel Valley Rd and has beautiful creek frontage on Waldons Creek. Utility water, natural gas, city sewer & Sevier County Electric are all available. Attend, bid & buy at your price what you may not be able to buy in the future at any price.
A 10% (13% if bidding online) deposit of the contract price will be required day of sale. Each purchaser will also be required to sign a promissory note for the full purchase price which will become null and void upon closing of the sale. Upon confirmation of the sale by the Sevier County School Board on Monday, April 8, 2024 at their regularly scheduled meeting, the title of the property will be absolute, and all deposits shall be non-refundable. Closings will take place on or before 30 days of confirming the sale. This property is being sold as is without contingencies financial or other so please make any needed arrangements. This is a 10% (13% if bidding online) Buyers Premium auction. Information deemed reliable but not guaranteed. Announcements made day of sale supersede any and all printed or verbal statements made by the Owners or the Auction Co. Auctioneer presents all information in brochures, catalogs and other advertisements from sources believed to be accurate, and are not representations of the Auctioneer. Therefore, prospective buyers are urged to inspect the properties to their own satisfaction. The Auctioneer is an agent only and does not represent the buyer. If you are the winning bidder on the property, you will receive an email from us with instructions on how to proceed. If you have any questions, please call our office. 865-908-8611. Kennedy Real Estate & Auction will be held harmless, if the internet service fails to function properly or correctly, power outages, computer or internet complication’s, before, during or after the auction. Kennedy Real Estate & Auction Co will not be responsible for any missed bids from any source and we reserve the right to withdraw, rearrange and or extend properties, on line internet bidding, without notice, at the auction company’s sole discretion. Online bidders: Sometimes we may use several online internet providers, so you will receive an email from us, if you are the actual winner of the item. In the event of a tie bid between internet bidder and floor bidder, the tie will always be awarded to the floor bidder.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 150,000.00 1,000.00 USD
150,000.01 - 500,000.00 2,000.00 USD
500,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 13.00%
Payment Terms
We accept cash or check, in USD for deposits. We can not accept credit/debit cards for Real Estate transactions.
There is no shipping.
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