This image portrays SOLD | $869,883 | 294 Highway 307 E | Athens, TN 37303 by Powell Auction & Realty.

Organizer

Powell Auction & Realty, LLC
Phone
865-938-3403

Location

294 Highway 307 E Athens, TN 37303
294 Highway 307 E Athens, TN 37303

More Info

Online Bidding

Date

Dec 11 2021
Expired!

Time

Bidding ends at 10:30am
10:30 am

SOLD | $869,883 | 294 Highway 307 E | Athens, TN 37303

+/- 79 acre farm located in one of McMinn County’s most scenic locations.

  • Near Mayfield Farm Park off of Highway 307
  • Gently rolling acreage is fenced with approximately 40 acres in hayfields
  • Offered in 6 tracts:
    • Lot 1: 14.63 acres
    • Lot 2: 14.46 acres
    • Lot 3: 6.00 acres (home)
    • Lot 4: 5.98 acres
    • Lot 5: 19.18 acres
    • Lot 6: 19.23 acres
  • Year round creek flowing through the property
  • Previously used as a cattle farm and is currently is the greenbelt status
  • 48′ x 32′ equipment building/shop
    • (2) 11′ rollup doors | separate electric meter and tractor shed
  • Nature lovers will love the wildlife that abounds, including deer, turkey, hawk and golden eagles.
  • Conveniently located to downtown Athens and minutes to I-75
  • 3 Bedrooms | 3 Bathrooms | Approx. 2150 SF
    • 1593 SF | Main level
    • 1163 SF | Upstairs
    • 557 SF | Basement
  • This 1 1/2-story home has been lovingly updated within the past 5 years. Updates include:
    • Roof
    • Pella windows
    • Gutters
    • HVAC
    • Water heater
    • Master bathroom and more
  • Country kitchen features:
    • Stained oak cabinets
    • Granite countertops
    • 5-burner cooktop
    • Tons of cabinet space
  • Master bedroom is located on the main level and features:
    • A large walk-in closet
    • Updated bathroom with jetted tub
    • Soft close cabinets
    • Quartz countertops
  • Upstairs features:
    • 2 bedrooms
    • Full bathroom
    • Unfinished storage area
  • Other features include:
    • Hardwood floors
    • Wood-burning fireplace in living room
    • Woodstove in basement
    • Office with knotty pine walls & bookshelves
    • Pella windows
    • City utilities including water, gas and electric
  • Well on property is not currently connected
  • $1,500.00 per tract for survey will be paid by the buyers

SALE CONDUCTED IN CONJUNCTION WITH:
Paula Scarbrough | Century 21 Robinson Realty | 423-745-4446
Ronnie Colyer Auction & Realty | 423-506-0990

Property Location

Real Estate Terms:

The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions, and any other documents needed immediately 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 contract price. US currency cash or approved check. The balance is to be paid in full at deed closing within 30 days. By bidding you are entering into a binding agreement. Sale is exempt from TN Residential Property Condition Disclosure. Lead-based paint inspection period to begin December 1st, 2021.

Reliance Title of TN will conduct the closing.
Current taxes will be prorated at the date of closing. Seller to provide deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs to be split between the buyer and seller. Closing to occur on or before January 11th, 2022.

Buyer is to obtain their own financing.
The contract will not be contingent upon financing, inspections or any other contingencies. Powell Auction & Realty, LLC and its auctioneers and employees are representing the sellers as the sellers’ Agents. 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 and age are approximate and not guaranteed. Seller and/or Agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer to verify ALL information to their satisfaction prior to bidding. Property is being sold AS IS, sale is exempt from Tennessee property condition disclosure. Lead-based inspection period begins December 1st, 2021.

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.