Aug 27, 2016 - Saturday August 27th at 10 A.M. Eastern
Scott County Justice Center
575 Scott Hwy
Huntsville, TN 37756
7 pieces of investment property, good rental income potential. Some homes are currently vacant, please inspect prior to bidding.
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Ayers Auction & Realty
2309 Jacksboro Pike
LaFollette, TN 37766
LaFollette Office: (423) 562-4941
Oneida Office: (423) 569-7922
LaFollette TAL# 407, Oneida TAL# 3949
Foreclosure Auction, 7 pieces of Real Estate for Substitute Trustee and First National Bank.
Auction to be held at the Scott County Justice Center, located at 575 Scott High Drive in Huntsville, TN 37756
Tract 1: Tax Map 77, Parcel 012.03, located at 426 Simpson Rd, Helenwood has a tax value of $47,100.00. Single family home with approx. 1,280 sq. ft. built in 1983 and has 1.82 acres.
Tract 2: Tax Map 061 Parcel 093.04, located at 373 Big Springs Rd, Oneida has a tax value of $31,000.00. Single family home with approx. 854 sq. ft. built in 1939 with a large 1 acre lot.
Tract 3: Tax Map 051L Grp A Parcel 008.01, located at 806 West Third Ave, Oneida has a tax value of $48,800.00. Single family brick home with approx. 1,120 sq. ft. built in 1962 has .24 acres.
Tract 4: Tax Map 085 Parcel 013.25, located at 410 Cherokee Dr, Helenwood has a tax value of $47,800.00. 16' x 65' mobile home, 14' x 70' mobile home and a 12' x 76' mobile home on 5 acres of land.
Tract 5: Tax Map 051L Grp A Parcel 011.00, located at 183 Seabolt St, Oneida has a tax value of $21,500.00. 12' x 60' mobile home and 12' x 52' mobile home on .50 acre corner lot.
Tract 6: Tax Map 061N Grp C parcel 003.00 located just off Hwy 27, Oneida between Landmark Rd and Point Ave has a tax value of $41,200.00. Single family home with approx. 1,356 sq. ft. built in 1950 has a .16 acre lot.
Tract 7: Tax Map 051N Grp A Parcel 052.00, located at Shirley Lane, Oneida in Edgewood Estates, has a tax value $99,900.00. Large doublewide mobile home on the corner of Edgewood Blvd and Shirley Lane.
Terms: 10% deposit day of sale, balance upon closing in 21 days. A 10% Buyers Premium to be added to final bid. Announcements day of auction take precedence over all advertising.
Some homes were built before 1978, therefore potential bidders have a 10 day inspection period (ending on Aug. 26, 2016) to conduct a lead base paint test. Contact auction company for information on conducting test.
Said property to be sold free from statutory and equitable rights of redemption, and subject to all outstanding tax liens. The properties are offered with no warranties, either express or implied and are sold AS IS. The properties are offered subject to any and all easements, either visible, set forth in the descriptions, or otherwise. Prospective bidders are encouraged to gather as much information about the properties as they can through their own independent research prior to the sale. First National Bank retains its statutory right to bid at the sale.
Financing available thru First National Bank contact Blake Culver or Brian Sexton at 423-569-8586
Point Ave- From HWY 27 turn on Point Ave on the Right.
410 Cherokee Dr - From Helenwood Loop Road turn on Cherokee Dr and go .5 miles to property on the Right
426 Simpson Road - From Helenwood Detour Road turn on Simpson Road and go .3 miles to the property on the Right
373 Big Springs Road - From Niggs Creek Road turn on Big Springs Road and go .3 miles to the property on the Left
Shirley Lane - From West 3rd Ave turn on Verdun Road and go .3 miles, turn on Edgewood Blvd and go .1 mile to the property on Shirley Lane on the Left
806 West Third Ave - From HWY 27 turn on West Third Ave and go .6 miles to the property on the Right
183 Seabolt Street - From HWY 27 turn on West Third Ave and go .6 miles to Seabolt Street the property is on the Left