REAL ESTATE AUCTION – SUBJECT TO COURT CONFIRMATION

Single Family Home in Tellico Village

Address: 120 Vinita Lane, Loudon, TN 37774

AUCTION: FRIDAY, MAY 26th at 12:00pm NOON

INSPECTION: Friday, May 19^th  from 9:00am – 3:00pm

• Large, Two-Level Single Family Home
• 4 Bedrooms
• 3 Full Baths
• Vaulted Ceilings
• Skylight Windows in Living Room & Sunroom
• Screened Porch
• Two Car Garage
• Large Wooden Deck
• Ceiling Fans Throughout
• Island Kitchen
• Workshop/Bonus Room Downstairs
• Large Walk-Up Attic with Lots of Storage Room
• Located in Tanasi Greens Subdivision
• Multiple Recreational & Social Activities Available

  ---

• REMAINING PERSONAL PROPERTY WILL BE SOLD IMMEDIATELY FOLLOWING REAL ESTATE (2012 Chrysler 200 Convertible, Sofas, Miscellaneous Furniture, Appliances, Holiday Decorations, etc.)

VISIT THE PERSONAL PROPERTY TAB FOR A COMPLETE LIST 

Samuel J. Furrow | TN PBL #26

REAL ESTATE AUCTION – SUBJECT TO COURT CONFIRMATION

Single Family Home in Tellico Village

Address: 120 Vinita Lane, Loudon, TN 37774

REAL ESTATE AUCTION TERMS

• 10% Buyer’s Premium - Successful bidders will deposit 10% of the purchase price (including Buyer’s 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 30 DAYS OF  COURT CONFIRMATION. NO EXTENSIONS AVAILABLE.

REAL ESTATE AUCTION – SUBJECT TO COURT CONFIRMATION

Single Family Home in Tellico Village

Address: 120 Vinita Lane, Loudon, TN 37774

PERSONAL PROPERTY

REAL ESTATE AUCTION – SUBJECT TO COURT CONFIRMATION

Single Family Home in Tellico Village

Address: 120 Vinita Lane, Loudon, TN 37774

PROPERTY DOCUMENTATION

• 5 Order Authorizing Sale of Real and Personal Property
• Aerial Image
• Building Footprint
• Plat of Record
• POA Fee Information
• Property Report
• Sample Special Warranty Deed
• Tax Information
• Tax Map
• Tellico Village - Important Numbers
• Tellico Village History
• Tellico Village Organization Directory
• Title Commitment Exception Documents
• Title Commitment
• Utility Information
• Zoning Information

REAL ESTATE AUCTION – SUBJECT TO COURT CONFIRMATION

Single Family Home in Tellico Village

Address: 120 Vinita Lane, Loudon, TN 37774

UTILITIES AVAILABLE

• Electric: Loudon Utilities Board
• Water: Tellico Village POA
• Sewer: Tellico Village POA
• Gas: Not Available

Indicated utilities are available but may not be currently connected

REAL ESTATE AUCTION – SUBJECT TO COURT CONFIRMATION

Single Family Home in Tellico Village

Address: 120 Vinita Lane, Loudon, TN 37774

ESTIMATED REAL ESTATE TAXES

• Loudon County: $1,391.90 annually
  • Buyer is responsible for pro-rata share of current year property taxes
  • Back taxes (if applicable) will be paid by seller

POA FEES

•  $167.85 Monthly

REAL ESTATE AUCTION – SUBJECT TO COURT CONFIRMATION

Single Family Home in Tellico Village

Address: 120 Vinita Lane, Loudon, TN 37774

ZONING

• R – Residential (governed by Tellico Village POA)

REAL ESTATE AUCTION – SUBJECT TO COURT CONFIRMATION

Single Family Home in Tellico Village

Address: 120 Vinita Lane, Loudon, TN 37774

DIRECTIONS

• From US 321 in Lenoir City, merge onto Tellico Parkway and travel approx. 6 miles. Turn left onto Tanasi Drive and travel approx. ¼ mile. Turn left onto Tahlequah Drive and then immediate left onto Vinita Lane. Property on Right. LOOK FOR AUCTION SIGNS.