- Jul 15 2023
TimeBID LIVE OR ONLINE | 10:00AM(CT)/11:00AM(ET)
- 10:00 am
SOLD | $243,650 | 1419 Dripping Springs Road | Monterey, TN 38574
COURT ORDERED REAL ESTATE AUCTION | BID LIVE OR ONLINE
Sold by the order of the Probate and Family Court of Cumberland County, TN – Docket No. 2022-PF-8926
Barndominium sitting on 10+/- acres in Cumberland County, TN
BID LIVE OR ONLINE
Saturday, July 15th
Tuesday, July 11th
- Approx. 1,952 SF of living space with 2,400 SF (40’x60′) of attached garage space
- 3 bedrooms & 2.5 bathroom
- Eat-in kitchen with doors leading to large covered back porch
- Living room
- Master bedroom with walk-in closet and en suite bathroom with walk-in shower
- Covered side porch off of the master bedroom
- Garage features (3) large roll-up doors and a front entrance door
- Rear door in garage leading to attached equipment shed
- Large 24’x28′ bonus/rec room off of the garage with sliding doors leading to the backyard
- Upstairs 14’x30′ office in garage area
- Garage has a 1/2 bath with mop sink
- Washer & dryer connections
- Central heat (heat pump) & air in the living space
- Barn and outbuilding in need of repairs
- (2) ponds on the property
- Land is partially fenced
- Excellent property for a small business owner
- Property is serviced by well with utility water available
Cumberland County Parcel/Tax ID:
Yearly Property Taxes:
$504.51 – Cumberland County only
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. Buyer is purchasing with any remaining personal property conveying with the property to the Buyer. Sales is subject to court approval.
The buyer understands and acknowledges that IF properties are occupied by tenants/previous owner, they are buying the property with the tenants/previous owner in possession and purchases the property subject to the rights of tenants/previous owner in possession, and all applicable rules and regulations relating thereto. Seller and Auctioneer make no representations or warranties regarding the same or on rent or rental income.
Encore Title & Closing 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. Closing to occur within 30 days of court approval.
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. **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!