ABSOLUTE REAL ESTATE AUCTION – 5 CONDOS & 14+ ACRES OF LAND

ABSOLUTE REAL ESTATE AUCTION

(5) Condos & 14+ Acres of Land

UNIT 4421 LEGENDS WAY SOLD

UNIT 4429 LEGENDS WAY SOLD

UNIT 4417 LEGENDS WAY SOLD

SATURDAY, SEPTEMBER 19^TH  at 10:30 AM

Auction To Be Held ON-SITE

INSPECTION: SUNDAY, SEPTEMBER 13^TH  from 12:00 PM – 4:00 PM

4419 – 4431 Legends Way, Maryville, TN 37801

BID LIVE AND ONLINE

• 5 Units Available
• Three 2 Bedroom, 2 Bath Units (4417, 4419, 4423 & 4425 Legends Way)
• Two 1 Bedroom, 1 Bath Units (4427 & 4431 Legends Way)
• Some Units Income Producing
• All Units Feature:
  • Crown Molding
  • 9’ Ceilings
  • Granite Kitchen Counter Tops
  • Lots of Storage
  • Great Views
  • Move In Ready
• All Units Overlook Swimming Pool
• All Units include use of Swimming Pool
• Ample Parking
• Conveniently Located in the Heart of Maryville
• 16 Acre Development Tract also being Sold

Samuel J. Furrow

Principal Broker License #26

• Legends Way Maryville Broker Participation Form

• • 10% Buyers Premium.  The successful bidders will deposit 10% of the purchase price (including Buyers Premium) and is due Sale day in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.  CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE.  NO EXTENSIONS AVAILABLE.

• Aerial Map
• Declaration of Condominium for The Ridge Club
• Easement for use of Swimming Pool
• New ranking puts Maryville in top 10 of Best Places to Live in Tennessee Business: thedailytimes.com
• Overview of Condominium Association for The Ridge Club Condos (1)
• Plat of Record - 16 Acre Development Tract
• Plat of Record - Condo Units
• Property Report - 16 Acre Development Tract
• Property Report - 4419 Legends Way
• Property Report - 4423 Legends Way
• Property Report - 4425 Legends Way
• Property Report - 4427 Legends Way
• Property Report - 4431 Legends Way
• Residential Zoning Standards (City of Maryville)
• Ridge Club FAQ's
• Royal Oaks Homeowners Association Information
• School Information
• Tax Information
• Tax Map
• Title Commitment - 4419, 4423, 4425 Legends Way
• Title Commitment - 4427 Legends Way
• Title Commitment - 4431 Legends Way
• Title Commitment Exception Documents
• Utility Information
• Zoning Information
• Zoning Map

• According to the City of Maryville Planning Department, the subject property is zoned as follows:
• Residential District: The land use and intensity of the area is low density residential. Some mix of building types may be included, e.g., two-family, three-family and four-family dwelling units.                       Supplementary and complementary uses may exist in the area, such as recreation areas,                          schools, churches, and community centers.

• 4419 Legends Way:
  • County: $1,923.64
  • City: $1,767.88
• 4423 Legends Way:
  • County: $1,876.21
  • City: $1,724.29
• 4425 Legends Way:
  • County: $1,761.60
  • City: $1,618.96
• 4427 Legends Way:
  • County: $861.41
  • City:$791.66
• 4431 Legends Way:
  • County: $865.74
  • City: $795.64
• 14+ Acre Tract:
  • County: $2,105.06
  • City: $1,934.61

    2020 Taxes to be pro-rated at closing.

    Any back/delinquent taxes to be paid by seller

• All Condo units are subject to the HOA fees for Royal Oaks of $725.00 annually.  These fees go towards maintenance of common areas, streets, pool, etc.
• There is currently no active Condominium Association, however the paperwork forming the association has been recorded at the Register Office for Blount County.  Once the units sell, it will be up to the new owners to establish fees, etc.

•  Electricity: City of Maryville Utilities
  • Each unit is individually metered for electric and owner of the unit is responsible for the monthly electric bill
• Water:  City of Maryville Utilities
  • Each unit is individually metered for water and owner of unit is responsible for the monthly water bill
• Sewer: City of Maryville
  • Each unit is individually metered for sewer and owner of unit is responsible for the monthly sewer bill
• Gas: Atmos Energy
  • Available but NONE OF THE UNITS are currently connected

• Coming soon