Lot # : 6 - PROPERTY AS A WHOLE

Online Only Auction
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SPRING CITY, TN 37381
Date(s)
10/3/2024 - 11/6/2024
AUCTIONEER INFORMATION
Catalog
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Information
Lot # 6
Group - Category Real Estate - Ag / Farm Land
Lead PROPERTY AS A WHOLE
Description
96.61+/- acres offered in 5 tracts and as a whole with home, garage, barns & ponds This gorgeous land is a combination of mostly cleared land with some wooded area Located just off of Rhea County Highway (Hwy 27) Awesome buying opportunity for an absolutely gorgeous farm There is a 50' shared access easement that crosses Lots 2 & 3 that is usable by Lot 1 LOT 1 | 12.00+/- acres with 244.31+/- of road frontage on Muddy Creek Road – Home, garage & (3) barns LOT 2 | 46.25+/- acres with 98.72’+/- of road frontage on Muddy Creek Road – wooded & cleared land with pond LOT 3 | 20.67+/- acres with 145.74’+/- of road frontage on Muddy Creek Road – wooded & cleared land with pond LOT 4 | 8.76+/- acres with 275.36’+/- of road frontage on Muddy Creek Road LOT 5 | 8.93+/- acres with 492.78’+/- of road frontage on Muddy Creek Road – (2) barns A $2,700.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING ($13,500.00 IF PURCHASED AS A WHOLE) TRACTS TO BE OFFERED INDIVIDUALLY AND AS A WHOLE. IN ORDER FOR THE PROPERTY TO SELL AS A WHOLE, THE BID PRICE FOR THE PROPERTY AS A WHOLE MUST EXCEED THE TOTAL OF THE INDIVIDUAL TRACTS BY 5%.
Name 2211 MUDDY CREEK ROAD, SPRING CITY, TN 37381
Auctioneer
Powell Auction & Realty, LLC
Type Online-Only Auction
Date(s) 10/3/2024 - 11/6/2024
Auction Date/Time Info
WEDNESDAY NOVEMBER 6TH AT 12:00 NOON (ET)
Preview Date/Time MONDAY NOVEMBER 4TH FROM 2:00 - 4:00 PM (ET)
Checkout Date/Time .
Location
2211 MUDDY CREEK ROAD
SPRING CITY, TN 37381
Buyer Premium 10% FEE - BUYERS PAY ONTOP OF BID PRICE
Description
2211 Muddy Creek Road – Spring City, TN 37381 – 96.61+/- acres offered in 5 tracts with home, garage & barns ONLINE ONLY REAL ESTATE AUCTION Selling on behalf of the Earl and Judy Wright Estate BIDDING BEGINS TO CLOSE: Wednesday, November 6th at 12:00PM – Noon (ET) OPEN HOUSE: Monday, November 4th from 2-4PM (ET) 96.61+/- acres offered in 5 tracts and as a whole with home, garage, barns & ponds This gorgeous land is a combination of mostly cleared land with some wooded area Located just off of Rhea County Highway (Hwy 27) Awesome buying opportunity for an absolutely gorgeous farm There is a 50' shared access easement that crosses Lots 2 & 3 that is usable by Lot 1 LOT 1 | 12.00+/- acres with 244.31+/- of road frontage on Muddy Creek Road – Home, garage & (3) barns LOT 2 | 46.25+/- acres with 98.72’+/- of road frontage on Muddy Creek Road – wooded & cleared land with pond LOT 3 | 20.67+/- acres with 145.74’+/- of road frontage on Muddy Creek Road – wooded & cleared land with pond LOT 4 | 8.76+/- acres with 275.36’+/- of road frontage on Muddy Creek Road LOT 5 | 8.93+/- acres with 492.78’+/- of road frontage on Muddy Creek Road – (2) barns A $2,700.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING ($13,500.00 IF PURCHASED AS A WHOLE) TRACTS TO BE OFFERED INDIVIDUALLY AND AS A WHOLE. IN ORDER FOR THE PROPERTY TO SELL AS A WHOLE, THE BID PRICE FOR THE PROPERTY AS A WHOLE MUST EXCEED THE TOTAL OF THE INDIVIDUAL TRACTS BY 5%. FOR PRIVATE SHOWINGS CONTACT BEDFORD CHAPMAN | UNITED REAL ESTATE SOLUTIONS | 865-254-1479 LOT 1 | 2211 MUDDY CREEK ROAD – 12.00+/- acres with home, garage & (3) barns 12.00+/- acres Beautiful country setting with a gorgeous country style home Approx. 2220 SF – 1708 SF on the main level with 512 SF upstairs Awesome wraparound porch to relax on and take in the panoramic views of the property Low maintenance exterior with attractive cedar shake look vinyl siding Wood flooring throughout the main level of the home Solid doors throughout the home Enter the home from the gorgeous covered porch into the large living room, looking into the eat-in portion of the spacious kitchen featuring wood cabinets Continue through the kitchen into the oversized mudroom/laundry room with pantry closet and door leading to the back porch and garage Large main level hallway with an office and large linen closet Main level master bedroom with en-suite bathroom with walk-in closet, walk-in shower, linen cabinet, and vanity with make-up counter Additionally the main level features a guest bathroom with tile floor and a spacious guest bedroom with walk-in closet Continue upstairs to (2) large rooms with a shared closet and loads of attic storage space Exit the home onto the rear porch, to the covered walkway to the 30' x 30' 2-car garage Large 28' x 40' pole barn with concrete floor and roll-up door 32' x 60' equipment shed 3-bay hay barn Underground utilites 193.91’+/- of road frontage on Muddy Creek Road Current gravel driveway is a 50' shared access easement that crosses Lots 2 & 3 that is usable by Lot 1 Portion of current Rhea County Parcel/Tax ID: 070 086.00 A $2,700.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING LOT 2 | 46.25+/- acres 46.25+/- acres Combination of wooded and cleared land Pond 98.72’+/- of road frontage on Muddy Creek Road 50' shared access easement crosses the lower portion of Lots 2 & 3 that is usable by Lot 1 Portion of current Rhea County Parcel/Tax ID: 070 086.00 A $2,700.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING TRACT 3 | 20.67+/- acres 20.67+/- acres Combination of wooded and cleared land 145.74’+/- of road frontage on Muddy Creek Road 50' shared access easement crosses the lower portion of Lots 2 & 3 that is usable by Lot 1 Portion of current Rhea County Parcel/Tax ID: 070 086.00 A $2,700.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING TRACT 4 | 8.76+/- acres 8.76+/- acres Mostly cleared land 275.36’+/- of road frontage on Muddy Creek Road Portion of current Rhea County Parcel/Tax ID: 070 086.00 A $2,700.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING TRACT 5 | 8.93+/- acres 8.93+/- acres Mostly cleared land (2) barns 492.78’+/- of road frontage on Muddy Creek Road Portion of current Rhea County Parcel/Tax ID: 070 086.00 A $2,700.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING SALE CONDUCTED IN CONJUNCTION WITH RONNIE COLYER AUCTION & REALTY | 423-506-0990 Powell Auction & Realty
Real Estate Terms: Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement. Reliance Title will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Sale is subject to Seller confirmation. Closing to occur on or before December 6th, 2024. The contract will not be contingent upon financing, inspections or any other contingencies. Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s). All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.** Thank you for participating in this Powell Auction & Realty LLC Online Auction. It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders. New Bidders, please Pre-Register, we will have to approve you to Bid!
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10% FEE - BUYERS PAY ONTOP OF BID PRICE
Payment Terms
10% DOWN
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