SOLD – Auction of 4 Estate-Size Lots on Main Channel of Fort Loudon Lake

Four Main Channel Lots in The Plantation

THIS AUCTION HAS ENDED.

Lot 2

• 1.25 Acres
• 201.81 Feet Frontage on Ft. Loudon Lake

Lot 4R

• 1.87 Acres
• 182.16 Feet Frontage on Ft. Loudon Lake

Lot 5R

• 2.31 Acres
• 178.47 Feet Frontage on Ft. Loudon Lake

Lot 6

• 2.30 Acres
• 180.17 Feet Frontage on Ft. Loudon Lake

Dockable, Main Channel Location Community Entrance Features French Wrought Iron Gates with an Italian Limestone Fountain, Gate House and Cobblestone Entryway Approved for 5-6 Bedroom Homes Private, Peaceful Community Shoreline of All Lots Protected by Established Gabion Basket Seawall Design

Terms: 10% Buyer's Premium - Successful bidders will deposit 10% of the purchase price (including Buyer's Premium) on sale day in the form of cash, certified check or wire, personal or company check, plus a real estate contract must be signed. Balance is due in certified funds at closing. CLOSING MUST TAKE PLACE WITHIN 20 DAYS. LAST POSSIBLE CLOSING DATE IS BY END OF DAY ON FRIDAY, OCTOBER 10TH, 2014. NO EXTENSIONS AVAILABLE. Sale day announcements control terms of auction. Acreage and square footage believed to be accurate, but not guaranteed. THIS PROPERTY SOLD IN IT'S "AS IS, WHERE IS WITH ALL FAULTS" CONDITION WITH NO WARRANTIES EITHER IMPLIED OR EXPRESS EXCEPT WARRANTY OF TITLE. **All square footage and acreage amounts are believed to be accurate but not guaranteed. All information was obtained from appraisals and local courthouse records.**

Estimated Real Estate Taxes: Annual Loudon County Real Estate Taxes: Info to come Buyer is responsible for pro-rated share of current year property taxes Back/Delinquent Taxes will be paid by seller.

Zoning: A-2: Rural Residential (Loudon County)

Utilities: Electric – Lenoir City Utilities Board Water – Martel Utility District Sewer – Not Available (all lots have been approved for septic system) Gas – Not Available

School Information: Elementary: Highland Park Middle: North Middle High: Lenoir City

• Aerial Photo (Prior to Re-Plat)
• Aerial_Exhibit_081814
• First Amendment to Covenants & Restrictions
• Joint Permanent Easement for Ingress & Egress on Plantation Way
• Lot 2 Property Report
• Lot 4R & 5R (original tax card prior to re-plat) Property Report
• Lot 5R & 6 (original tax card prior to re-plat) Property Report
• Plantation Re-Plat
• Plantation Subdivsion Soil Map
• Plat of Record
• Previous Lots Sales in The Plantation
• Sales Plat
• School Information
• Second Amendment to Covenants & Restrictions
• Tax Information
• TVA Email Confirming Dock Rights
• Utility Information
• Zoning Information
• The Plantation - Covenants & Restrictions
• Title Commitment
• Documents Referenced in Title Commitment Exceptions
• Sample Warranty Deed
• Revised Sales Plat(s)
• The Plantation - Homeowners Fees
• The Plantation Replat (Recorded)
• Summary of Covenants & Restrictions
• The Plantation - Homeowners Fees
• Third Amendment to Restrictive Covenants

2% Broker Participation Available. Pre-registration is required.

• Plantation Way Fort Loudon 9-2014 Broker Ltr