Furrow Auction Company

FORECLOSURE
REAL ESTATE AUCTION

BY ORDER OF SECURED PARTY

19 PREMIER RESIDENTIAL LOTS IN DOGWOOD GROVE SUBDIVISION ON SIGNAL MOUNTAIN
 

Auction Address: 4446 Shackleford Ridge Road
                                  Signal Mountain, TN

Saturday, June 12th, 2010 - 10:30 AM

  • Dogwood Grove is a unique 24 home residential community on Signal Mountain, Tennessee. Choose your homesite and then select your dream home.
  • Dogwood Grove is a classically designed community with a comprehensive streetscape connected by wide 8-foot greenbelts planted with over 400 maples, dogwoods and redbuds between the street and sidewalk. A clay brick road and mountain stone clock tower in the entrance keeps time for passers by.
  • Surrounded by Prentice Cooper State Forest and across the street from Shackleford Ridge Park, Dogwood Grove is also walking distance from highly ranked Nolan Elementary and the new Signal Mountain Middle/High School.
  • This community site is truly one of a kind. Beautiful rolling land, wonderful views and surrounded by a state forest, with highly ranked Nolan Elementary across the street and the new Signal Mountain Middle/High School, it is an ideal community location. It is a community where families can raise children in the freedom of open spaces and be able to walk them to school, become connected to a community and embrace nature.

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The Foreclosure sale may extinguish the Declaration of Covenants and Restrictions recorded at Book 8637, Pages 467-487. However, the foreclosure sale purchaser must perform their own due diligence regarding this, and any other issues, affecting the property. Neither Furrow Auction Company nor the Trustee are providing any legal opinions regarding the status of title to the property.

  • 19 Premier Residential Lots offered

§      Lot 1 – 2301 Dogwood Grove Circle

§      Lot 2 – 2313 Dogwood Grove Circle

§      Lot 3 – 2325 Dogwood Grove Circle

§      Lot 4 – 2337 Dogwood Grove Circle

§      Lot 5 – 2349 Dogwood Grove Circle

§      Lot 6 – 2361 Dogwood Grove Circle

§      Lot 8 – 4517 Sunny Bear Way

§      Lot 9 – 4500 Sunny Bear Way

§      Lot 10 – 2385 Dogwood Grove Circle

§      Lot 11 – 2397 Dogwood Grove Circle

§      Lot 13 – 4417 Sparta Way

§      Lot 14 – 4422 Sparta Way

§      Lot 15 – 4414 Sparta Way

§      Lot 16 – 4406 Sparta Way

§      Lot 19 – 2445 Dogwood Grove Circle

§      Lot 21 – 2324 Dogwood Grove Circle

§      Lot 22 – 2312 Dogwood Grove Circle

§      Lot 23 – 2300 Dogwood Grove Circle

§      Lot 24 – 2350 Dogwood Grove Circle

  • The park has more than two acres of community land with spring-fed pond, springhouse and stream with waterfall.
  • Running path
  • More than 400 Maples, Dogwoods & Redbuds between the streets & sidewalks.
  • Clay brick road and mountain stone clock tower in the entrance.
  • Bordering Prentice Cooper State Forest & Shackleford Ridge Park

 

ACCORDING TO THE RECORDED FINAL PLAT OF DOGWOOD GROVE SUBDIVISION, SIGNAL MOUNTAIN, TN - LOT NUMBER 24 IS A COMMUNITY LOT, NO BUILDING PERMIT IS TO BE ISSUED FOR A RESIDENTIAL, COMMERCIAL OR INDUSTRIAL BUILDING ON THE COMMUNITY LOT. LOT 24 TO BE USED FOR RECREATIONAL PURPOSES ONLY. MAINTENANCE TO BE ASSUMED BY THE DEVELOPER UNTIL LOT IS DEEDED TO HOME OWNERS IN THE SUBDIVISION OR TO A HOMEOWNERS ASSOCIATION.

Utilities Available:
Electric – Electric Power Board
Water – Walden Ridge Utility District
Sewer - Hamilton County WWTA
Natural Gas – Chattanooga Gas
Phone – AT&T

Zoning
: RE (Residential Estate)
Estimated Real Estate Taxes
:
PLEASE SEE THE TAX INFORMATION DOCUMENT FOR MORE SPECIFIC TAX AMOUNTS
Approximate Annual Signal Mountain City Taxes - $400.00
Approximate Annual Hamilton County Taxes - $710.00
Approximate Total Annual Real Estate Taxes - $1,110.00

* Estimated Taxes Per Lot

* BUYER RESPONSIBLE FOR ALL CURRENT AND DELINQUENT/BACK TAXES

Directions: From downtown Chattanooga, take Hwy 27 North.  Exit onto Signal Mountain Blvd./TN-8 N / US-127 N toward Signal Mountain.  Travel 5 miles on US-127 to top of mountain.  Take sharp LEFT, across from CVS Drug Store onto Signal Mountain Blvd.  Travel 4/10 mile and turn LEFT at Signal Mountain Golf and Country Club onto Timberlinks Drive.  Road will change to N Shackleford Ridge Road.  Travel 2.9 miles to Dogwood Grove Subdivision on RIGHT, across from Nolan Elementary School.                          

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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AUCTION DOCUMENTS

Auction Brochure
Boundary Line Agreement
Complete Due Diligence Package
Declaration of Covenants & Restrictions
Dogwood Grove Final Plat
Dogwood Grove Site Plan
EPB Easements (1)
EPB Easements (2)
EPB Electricity Utility Letter
Hamilton County Tax Letter
Hamilton County WWTA Utility Letter
Location Map & Directions
Notice of Sale
Property Pictures
Residential Estate - Zoning Regulations
Sale Day Procedures
Sample Bidder Card
School Information
Tax Information
Timesville Subdivision Plat
Title Commitment
Utility Information
Walden Ridge Utility District Letter
Zoning Information

 

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