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REAL ESTATE AUCTIONS
2 Houses in Knoxville's Fountain City Area
Sat
April 8th, 2006 – 10:30 AM
Open House Sun April 2nd 2-4 PM

2832 and 2900 Vitex Street
Knoxville, TN

In Association With:

Otho Brown Realty Company
Cathy Brown
445 Eagle Bend Road
Clinton, TN 37716
(865) 457-2489


Absolute Real Estate Auction
To Be Sold To the Highest Bidder Without Reservation

2832 Vitex Street

Click here to view the complete due diligence package
Click
here to view the survey

·        1881 Sq/Ft

·        Built 1947

·        All Brick Construction

·        4 Bedrooms

·        2 Bathrooms

·        Updated Windows

·        Updated Roof

·        Brick wood burning Fireplace

·        Wood Floors 

Utilities:           KUB – Electric, Water, Sewer and Gas 

Zoning:            R-1 Single Family Residential 

Taxes:             City: $580.97

                       County: $556.16

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.


Real Estate Auction - Subject to Court Confirmation

2900 Vitex Street

Click here to view the complete due diligence package
Click
here to view the survey

·         1325 Sq/Ft

·         Built 1990

·         2 Bedrooms

·         2 Bathrooms

·         Vaulted ceiling in Family Room

·         Gas Fireplace

·         Sun Room

Utilities:           KUB – Electric, Water, Sewer and Gas 

Zoning:            R-1 Single Family Residential 

Taxes:             City: $733.41

                        County: $702.09 

Schools:           Fountain City Elementary

                        Gresham Middle

                        Central High

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 AFTER CHANCERY COURT CONFIRMATION DATE. NO EXTENSIONS AVAILABLE. Earnest money shall be refunded to Buyer if sale is not confirmed by Chancery Court within 60 days from April 8th, 2006 unless an extension is mutually agreed upon.

Directions:  From the Intersection of Broadway and Hotel Ave in Fountain City.  Travel .4 miles west on Hotel Ave to Gresham Road.  Continue north on Gresham Road to Vitex Street.  Turn right on Vitex Street and travel .1 miles to property on right.

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  Furrow Auction Company  (800) 438-7769  TN Lic. #62