Absolute Auction Lender owned 320 ac in 27 tr Cumberland Crossing

by Ayers Auction & Realty

When

November 14, 2015 Saturday Nov. 14th at 10 A.M. Eastern

Where

Peoples Bank of the South Deer Lodge Hwy Sunbright, TN

How

Live / Online

Notes

Absolute Auction make your plans now to come pick you up some lots at your own price.

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Lender owned Absolute Auction

Cumberland Crossing A Gated Residential Restricted Community

Saturday, November 14th, at 10 A.M.

320 acres in 27 tracts ranging from 6.63 AC to 18.99 AC each

Cumberland Crossing is located near Sunbright, TN. Just a short drive from Oak Ridge  30 miles and 50 miles Northwest of Knoxville.  Here you can enjoy all four seasons. Located at the hub of a unique natural area, the community is within a short drive of of thousands of acres, including the Big South Fork National River and Recreation Area, the Obed Wild and Scenic National River, Cumberland Trail and Frozen Head State Park, the historic town of Rugby, the Catoosa State Wildlife Area, Daniel Boone National Forest and Brimstone Recreation.

The land within Cumberland Crossing varies in elevation from 1400' to 1600'.  The topography is level to moderate with ample room for hiking/bicycling/horseback riding, picnic areas, and natural homesites with panoramic views of the surronding mountains and countryside. The land is mostly wooded.

Six tracts have wide frontage along Bone Camp Creek, a large blue stream, and four others have frontage along Branch Creek.

The lay of the land, beautiful streams, large trees, peaceful nature, and proximity to many natural lands and waterways make a unique natural environment, combined with the privacy of a gated community, provide owners with an ideal setting for a permanent home or getaway.

Lot 1 Crest View Dr and Deer lodge Hwy 8.31 acres only commercial lot in the subdivision tax appraisal $31,500.00

Lot 2 Crest View Dr 12.61 acres tax appraisal $39,200.00

Lot 3 Crest View Dr 17.05 acres has a gas line right of way on lot tax appraisal $47,600.00

Lot 5 Crest View Dr 16.81 acres has a tax appraisal $52,900.00

Lot 6 Crest View Dr 18.99 acres borders Branch Creek has a tax appraisal of $53,000.00

Lot 7 Crest View Dr 18.88 acres borders Branch Creek has a tax appraisal of $60,700.00

Lot 8 Crest View Dr 6.63 acres has a tax appraisal of $27,200.00

Lot 9 Crest View Dr 9.40 acres borders Branch Creek has a tax appraisal of $33,400.00

Lot 10 Crest View Dr 8.04 acres borders Branch Creek has a tax appraisal of $30,400.00

Lot 12 Crest View Dr 15.07 acres creek along the back of lot has a tax appraisal of $42,000.00

Lot 13 Crest View Dr 10.53 acres has a tax appraisal of $35,800.00

Lot 14 Crest View Dr 8.12 acres has a tax appraisal of $30,600.00

Lot 15A Crest View Dr 7.50 acres has a tax appraisal of $29,400.00

Lot 17 Woodland Trail 10.87 acres has a tax appraisal of $36,600.00

Lot 18 Woodland Trail 11.95 acres has a creek along back of lot has a tax appraisal of $38,400.00

Lot 19 Woodland Trail 15.74 acres has a creek along back of lot has a tax appraisal of $43,900.00

Lot 20A Woodland Trail 9.91 acres has a creek along back of lot has a tax appraisal of $34,500.00

Lot 20B Woodland Trail 7.22 acres has a creek along back of lot has a tax appraisal of $28,600.00

Lot 21A Woodland Trail 9.51 acres has a creek along back of lot has a tax appraisal of $33,600.00

Lot 21B Woodland Trail 10.58 acres has a tax appraisal of $35,900.00

Lot 22 Woodland Trail 10.27 acres has a tax appraisal of $35,300.00

Lot 26 Woodland Trail and Crest View Dr 8.63 acres has a tax appraisal of $31,700.00

Lot 27 Crest View Dr 15.14 acres lot has trail across it has a tax appraisal of $42,200

Lot 28 Crest View Dr 17.79 acres has a gas line right of way on lot has a tax appraisal of $49,800.00

Lot 29 Crest View Dr 17.98 acres has a tax appraisal of $72,300.00

Lot 30A Crest View Dr 6.69 acres has a tax appraisal of $27,400.00

Lot 30B Crest View Dr and Deer Lodge Hwy 10.41 acres has a pond and a tax appraisal of $35,600.00

Click on view documents at the top to see the restrictions for Cumberland Crossing.

Click on view documents also at the top to see the map for Cumberland Crossing.

Bank financing available with a 25% down payment at 5% interest with 10 year amortization with a 5 year call, contact Scott Thompson at Peoples Bank of the South at 423-569-2882.

Closings will be done by Attorney Mark Troutman

 

 

 

 

 

Terms: 10% down day of sale, balance upon closing in 30 days.



A 10% Buyers Premium



Lots will sold high bidder choice by the acre, grouping and regrouping will be allowed.



All lots to be sold as is where is, so potential bidders should inspect the property prior to the sale.



Agents will be on site Sunday Nov. 1st and Sunday Nov. 8th from 2 P.M. to 5 P.m. and Friday Nov. 13th from 2 P.M. to 5 P.M. or call the auction company to arrange a showing.



Bank financing available with 25% down payment call Scott Thompson at Peoples Bank of the South at 423-569-2882



Closings will be done by Attorney Mark Troutman

Conducted By

Ayers Auction & Realty

LaFollette Office: (423) 562-4941

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