Absolute Auction

Lots 3, 12, 14-17, 26-27 of Garrison Heights
Saturday, April 7, 2012 - 10:00am
8 Building Lots in Garrison Heights Subdivision

Location...Location...Location...These Lots are located in a private Subdivision only minutes from Tennessee Technological University, Cookeville Regional Medical Center and Downtown Cookeville.

REAL ESTATE DESCRIPTION: 

  • Lot Tax Maps 018A Group A Parcel 3.00, 12.00, 14.00, 15.00, 16.00, 17.00, 26.00, 27.00, commonly known as Johnnie Bud Ln, Cookeville, TN
Deed Reference:

  • All Lots: Deed Book 294 Page 173 Putnam County TN Register of Deeds

Sale Order:

  • Offer High Bidder's choice of Lots 3, 12, 14-17, 26 & 27
  • There will be NO regrouping
Lot Descriptions:
Lot   3 - 0.46 Ac
Lot 12 - 0.46 Ac 
Lot 14 - 0.46 Ac 
Lot 15 - 0.69 Ac
Lot 15 - 0.69 Ac 
Lot 16 - 0.69 Ac 
Lot 17 - 0.46 Ac 
Lot 26 - 0.47 Ac 
Lot 27 - 0.47 Ac 

Utilities:
  • City Water: City water is available thru Bangham Utility District. A ¾” water meter and tap fee costs $721.00.
  • Electricity is available thru Upper Cumberland Electric. 
  • All lots have been evaluated for a septic system and are all approved for a 3 bedroom residence.  
  • According to Middle Tennessee Natural Gas, Natural Gas is not available at this time.
Property Taxes:

  • All lots have a tax appraised value of $12,500.00 and the 2011 property taxes were 82.66.  The 2012 Property Taxes will be prorated at closing.  Back taxes, if any, will be paid by the Seller.  
Zoning/Restrictions: Garrison Height Subdivision has some mild restrictions.  Click here to view.

TERMS & CONDITIONS: 

A 20% deposit is required at execution of the contract with the balance due at closing by or about May 7, 2012. A Cash closing will be handled by the Attorney or Title Company of the BUYER’S choice, and at the BUYER’S expense. A Closing involving Financing will be handled as required by the BUYER’S Lending Institution and at the BUYER’S expense. Possession of the property will be at closing with delivery of the deed. This property is being sold in “as is” condition, both surface and sub-surface having invited buyers to inspect the property prior to the auction and perform due diligence. The buyer should inspect the property before bidding. The Seller DOES NOT furnish a Property Disclosure Statement nor a Pest InspectionLetter. Tays Realty & Auction LLC is working as agent for the Seller in the sale of this Real Estate.

Garrison Heights Subdivision