REAL ESTATE TERMS: The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, immediately upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing within 30 days. (TBD) to conduct the closing. Current taxes will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title closing cost to be split between buyer & seller, unless otherwise specified. Buyer is to obtain his/her own financing. The contract will not be contingent upon financing, inspections or any other contingencies. Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s). All properties are sold "AS IS, WHERE IS and WITH ALL FAULTS", without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder's behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Disclosure Waiver will be a part of the sales contract. Lead-Based Paint inspection starts 8/10/2020.

This beautiful all brick basement rancher features 3 bedrooms, 1 1/2 baths, with 2 car attached garage & 1 car carport on .45 of a acre!!! This beautiful lot is located in the Holston Hills Subdivision. Only minutes from Cherokee Lake !!! We will be offering this home at ABSOLUTE AUCTION on THURSDAY AUGUST 27th @ 12pm (NOON). Preview will be Friday August 21st 10-5pm OR by Appointment only. Bidding will be offered online and live in person @ 2290 Fern Circle Morristown, TN 37814. This Home Features 2,300sqft Total 26'8" x 47' Main Floor 1,222sqft 17' x 12' Finished Basement 217sqft Unfinished basement 861sqft 26'x27' 2 car garage 700sqft 13'x27' carport Full bathroom offers tile flooring with handicap shower. Eat in kitchen/dinning room. All bedrooms and bathrooms on main level. Very nice .45 of acre lot with apple trees and large back yard. Utilities: WATER-Russellville-Whitesburg Utility District SEWER-Septic ELECTRIC-Appalachian Electric Cooperative Janitrol heat & air.