| LARGE ACREAGE
TRACTS IN SEVIER COUNTY
Approximately 146.78
Acres
1013 Cedar
Springs Valley Road
Sevier County, TN
Saturday,
May 8th, 2010 - 1:00 PM
Inspection:
Available at Any Time
For Drive By Inspection
Special
Financing Available from BankEast:
- 3 year fixed rate of 5.95% with the first year interest only
and paid monthly; after first 12 months, begin principal and
interest payments based upon 20 year amortization of principal
- 5 year fixed rate of 6.25% with the first year interest only
and paid monthly; after first 12 months, begin principal and
interest payments based upon 20 year amortization of principal
- 35% Down Payment or additional collateral acceptable to
BankEast such that the loan to purchase is 65% or less
Special
Financing Available from Farm Credit Services:
- 75% LTV
- Up to 25 years terms
- 3 year rate at 4.20% -- Rates are subject to change
- 5 year rate at 4.85%
Contact:
Jerry Bowlin
Financial Services Officer
Farm Credit Services of Mid-America
(865) 397-9444
(800) 524-0932
(865) 397-0792 - Fax
-
Located in the Boyds Creek Community
-
Mixture of wooded areas and rolling topography
-
Property is comprised of (3) tax parcels – (Tax Map
036, Parcels 024.00, 024.02 & 024.04)
*
Acreage believed to be accurate but not guaranteed. All
information has been obtained from the Sevier County Courthouse
Utilities Available:
Electric is located on the property. Water is currently
not available to the property, but is located approximately 0.75 to 1
mile north along Cedar Springs Valley Road and Boyds Creek. Sewer is
currently unavailable to the property.
Zoning:
A-1 – Agricultural District
Estimated Real Estate Taxes:
Approximate annual Sevier County Real Estate Taxes – $2,157.55
Buyer responsible for all current and back taxes
Directions: In Seymour, at the intersection
of Highway 441 (Chapman Highway) and Boyds Creek Highway where the E-Z
Stop Exxon is on your right and Home Federal Bank is on your left, turn
LEFT onto Boyds Creek Highway and travel 6.1 miles. You will pass
the Boyds Creek Market on your right, then take the next RIGHT
onto Cedar Springs Valley Road. Travel 1 miles to the property on your
RIGHT.
Terms:
10% Buyer's Premium - Successful bidders will deposit 10% of the
purchase price (including Buyer's Premium) and is due today in the form
of cash, cashier's check, personal or company check plus a real estate
sales contract must be signed. Balance is due in certified funds at
closing.
CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS
AVAILABLE.
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