Live Webcast Auction
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High Bid: 0.00 USD
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Date(s)
11/6/2024 - 11/23/2024
AUCTIONEER INFORMATION
Bidding Notice:

Simulcast Auction starting at 10 AM. Property will be offered individually and as a whole. 10% buyers premium will be added to the final bid price. Tied bids will be determined by Auctioneers discretion. selling subject to sellers confirmation..


Information
Lot # 1
Group - Category Antiques & Collectibles - Collectibles - Advertising
Lead Statement of Sale
Description
Welcome and thank you for registering. We are Whitehorn Auction and Reaty and Masengill Auction Company. We are working as AGENTS FOR THE SELLER We are selling the Graves Estate located at 985 Kidwell Ridge Rd. Morristown TN. 37814. We are selling a large Brick home and 14.6 ac+/- divided into 3 tracts. Each tract will be offered separately with groupings and as a whole. A grouping consists of 2 or more contigous tracts with a 10% raise in bid price. We are selling subject to seller confirmation. We are also selling subject to any utility easements on the property. Any property built prior to 1978 has the potential of lead based paint or lead based paint hazards in the property. Purchasers have a 10 day assement period to determine their risk of this hazard. That time period starts with this auction being put online and the winner bidder of the house tract will be required to sign a waiver with the contract. Terms: 11% Buyer's premium will be added to the final bid price to determine contract price. Water: Utility water is available to all tracts. Water tap and septic are on lot one. Tracts 2 and 3 have not been evaluated for septic approval. That can be obtained through TDEC office in Morristown at purchaser's expense. Taxes- 2024 taxes will be paid by the seller. Taxes for 2024 are $1465 This is a simulcast auction with in person bidding as well as online. If there is a tie bid between online and in person, the auctioneer will grant the bid to the in person bidder. Online bidders will receive a confirmation email if they are the winning bidder. Auction Company is not responsibile for technical difficulites that may or may not take place during the auction.
Name Graves Estate Real Estate
Auctioneer
Type Live Webcast Auction
Date(s) 11/6/2024 - 11/23/2024
Auction Date/Time Info
11/23/2024 at 10:00 AM
Preview Date/Time 11/16/2024 from 11am til 2pm
Checkout Date/Time 11/23/2024 12:00 PM
Location
Buyer Premium Added to final bid price
Description
Large Brick home and 14+/- acres divided into 3 tracts to be sold separately and offered with groupings and as a whole. Home sits on 1 acre lot with over 3500 sq. ft. of living space. Features include 4 bedrooms 3 baths in main part of home and also has full apartment in basement with 1 bedrrom and 1 full bath, kitchen and living room with separate entrance. Tract 2 includes 5 acres and large barn with 55 ft road frontage to access. Tract 3 is a large 8.4 acre tract with 122 ft. of road frontage. Nice hilltop views and good development opportunites nestled in between 2 subidivisions. Open house will be November 16th from 11 am til 1 pm.
10% deposit required on Sale day. Balance due in 30 days. Closing to take place with attorney Bill Foutch in Morristown TN
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Added to final bid price
Payment Terms
10% deposit required on sale day. via cashiers check or wired transfer. balance due in 30 days..
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