Lying in the Cherokee Lakefront gated community, Legacy Bay subdivision offers an amazing East Tennessee mountain view, with clubhouse, swimming pool, tennis courts, marina, and boat launch in this private, secluded community in the Mooresburg community of Hawkins County Tennessee. This cleared level to gently rolling cul de sale lot offer Cherokee Lake views and East Tennessee views, 0.93 acres, underground electric, well and septic needed, soil mapped for a three-bedroom septic system, this interior lot is restricted to a site-built home of sixteen hundred heated living area on a single level home or twenty-two hundred square feet on a two-story home. HOA fees 500 per year.
Legacy Bay subdivision is a short drive from highway 11W and Highway 25E, Morristown, Rogersville, and about an hour's drive to Knoxville, Virginia, Kentucky, and North Carolina state borders.
TERMS & CONDITIONS
Buyers Premium: 500.00 or 11% will be added to the bid price whichever is the highest amount.
Payment Options: Check and Wire Transfer Payment Instructions: United Country Clinch Mountain Realty & Auction LLC Bidders Agreement:
I (Buyer) agreed to enter into a contract if declared high bidder by the auctioneer on the 7006 Horizon CT, Lot 16, Mooresburg, Tennessee 37857 in Hawkins County TN an Internet Only Auction.
I agree that I have read and fully understand the Terms and Conditions of this auction. Terms & Conditions 1) Auction - Bidding ends, October 22,2021 7::00 p.m., EST. (This will be a soft Auction)
2) Buyer’s Premium – 500.00 or 11% will be added to the final bid price to arrive at the contract sale price.
3) Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction the winning bidder will be forwarded via email a Contract to Purchase. A signed copy of the contract must be received by United Country Clinch Mountain Realty & Auction on or before 12:00 NOON, Tuesday October 26, 2021 hand delivered, faxed or scanned and emailed). This is an Estate Auction
4) 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Bidding is not contingent upon financing. The balance of the purchase price will be due at closing.
5) Closing shall be on or before 5:00 p.m., Monday November 22, 2021.
6) Possession will be given at closing, subject to the remaining rights of the current tenant, if any.
7) Seller shall pay 2020 and all prior year real estate taxes. 2021 real estate taxes will be Pro-Rated to the day of closing.
8) Under no circumstances shall Bidder have any kind of claim against United Country Clinch Mountain Realty & Auction, or anyone else if the Internet service fails to work correctly before or during the auction.
9) The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As-Is, Where-Is" with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding.
Currency Type: US Preview Date & Times:
Please contact the auction company for preview dates & times. Checkout Date & Times: Please contact the auction company for checkout dates & times.
Location: Latitude 36.315873, Latitude -83.209194
Driving Directions: MUST BE ACCOMPANIED BY A REALTOR Special
7006 Horizon CT Mooresburg ,Tennessee 37857, Map 149C Group A Parcel 016.00 Hawkins County Tennessee, This Property is Being Sold as 7006 Horizon Ct, Lot 16 per the recorded survey PH I Lot 16 Hawkins County Tennessee Register of Deed Office Plat Cabinet 3 Page 754B known as LegacyBay Subdivision
HomeOwner Association Fees 500.00
2020 Yearly Property Taxes are 257.03.