REAL ESTATE AUCTION
21.46 ACRES AND 2 HOME ON PROPERTY
DIVIDED INTO 2 ACREAGE TRACTS!!
BEGINS TUES. APRIL 24th @ 10:00AM
STARTS ENDING TUES. MAY 1st @ 2:00pm
1212, 1202 Stanton Road
Seymour, TN 37865
Open house Sunday, April 22nd 2:00-4:00PM
We have been commissioned to sell at online only Absolute Auction the property and homes located at 1212 and 1202 Stanton Road in Seymour, Tennessee to settle the Frank and Wilma Toomey estate.
The property consists of 21.46 surveyed Acres divided into two acreage tracts with frontage along Stanton Road, in the Ellejoy community close to the Chilhowee mountains and Ellejoy Baptist Church! It is gently rolling, and has several other nice building sites on the property. Private mostly wooded, there is an abundance of wildlife on this property! The land is in Blount County and Sevier County Tennessee. Convenient to Dollywood, Sevierville, Gatlinburg, Pigeon Forge, Maryville, and Knoxville TN.
Home tract #1: 1212 Stanton Road 11.62 surveyed acres, has approximately 784 feet of road frontage on Stanton road, mostly wooded, great building sites. The home needs some TLC. It has a newer roof, some hardwood floors, and has approximately 1,044 square feet of living space, carport, Very private. Built in 1961. Well water. Nice rolling land. Very private.
Home tract #2: 1202 Stanton Road consists of 9.84 surveyed acres with 118 feet of frontage on Stanton Road. Mostly wooded land with a traditional site built ranch style home built in 1968. The home has 1305 square feet, 3 bedrooms and 1 bath, and is serviced by utility water. With a little TLC, this could be a very nice place to live. Nice rolling land with other building sites on the property.
Both homes were built prior to 1978 and may contain lead-based paint.
Current yearly taxes: $960 paid to Blount County. (Future taxes to be determined by Assessor's office if divided into two tracts.)
All newspaper or other publications and all oral and verbal statements as to advertising made by owners of said property and by DeLozier Auction Inc., or any agent of said company, or by Jerry DeLozier or by Kevin Ross, are hereby revoked.
ALL ONLINE BIDS ON THIS AUCTION STARTS AT the appointed advertised date and time, AND WILL START ENDING at the appointed advertised day and time. All times are Eastern Daylight Time
AUCTION END TIMES: DeLozier Auction, Inc. Online Auctions are timed events and all bidding will close at specified time. DeLozier Auction, Inc. Online Auctions also have an auto extend feature. Any bid placed in the final 5 minutes of an auction, the auction ending will be automatically extended 5 minutes from the time the bid was placed. Example: if an auction scheduled to close at 2:00 receives a bid at 1:59, the close time will automatically extend 2:04. The auto extend feature remains active until no further bids are received within a 5 minute time frame. DeLozier Auction, Inc. reserves the right to adjust the auto extension time period.
THE FINAL SALE OF THE PROPERTY USING INTERNET BIDS/MAX BIDS WILL DETERMINE THE WINNING BIDDERS OF PROPERTIES AS ADVERTISED.
This online only auction is a CASH SALE not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Auction Sales Contract.
BID PACKAGE: Auction Sales Contract along with any other paperwork pertaining to the sale will be sent by e-mail from DeLozier Auction Inc to the successful bidder who must execute and fax or email back to DeLozier Auction Inc. within 24 hours of receipt. Successful bidders not executing and returning their contract with earnest money deposit (10% non refundable deposit of total purchase price (certified funds or wire) made payable to DeLozier Auction Inc.) within 24 hours of receipt will be considered in default and subject to an Administrative Fee (as defined below). All Administrative Fees are non-refundable. The entirety of the remaining balance is due at closing. Purchaser shall be responsible for all wire transfer fees and closing fees as set out in Auction Sales Contract and Auction Statement of Sale.
Auction Administrative Fee: In the event a winning bidder fails to submit the signed “Auction Sales Contract,” and deposit earnest money as provided in the pre-stipulated Auction Terms, the winning bidder will be charged an administrative fee of $2,500.00 on the credit card provided at auction registration. Additional default remedies are reserved by DeLozier Auction Inc, and the Seller as provided in the Auction Statement of Sale, the Auction Sales Contract and the Promissory Note. All Administrative Fees are
non-refundable. If you have not read and reviewed the Auction Sales Contract, Promissory Note, Statement of Sale and all other materials available plus completed your own “due diligence” to satisfy all questions, please Do Not Bid!
DeLozier Auction Inc, is providing internet/online bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the ending day of the auction. Under no circumstances shall Bidder have any kind of claim against DeLozier Auction Inc. or anyone else if the internet service fails to work correctly before or during the ending of the auction. DeLozier Auction Inc. will not be responsible for any missed bids from any source.
REMEMBER, this is an Absolute Auction and all sales are final. Do not bid unless you are prepared to pay appropriate deposit and meet all conditions to close as set out in your contract. Bidders must be ready, willing and able to close within 30 days. Please do not bid if you do not understand the auction terms.
Auctioneer License Information: 3920