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This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

50 ac. Norton Creek + 10 Homesites

AUCTION LOCATION
471 Norton Creek Rd. Gatlinburg TN

AUCTION DATE
June 7, 2018 - June 12, 2018

AUCTION TIME
9:00 AM

TIME ZONE
Eastern

INSPECTION DATE

INSPECTION TIME

CONTACT
865-774-5789

Auction Information

ABSOLUTE ONLINE AUCTION

   50+ac Norton Creek & 10 Homesites Outback Resort Village

On-Line Only Auction

Property Address - TWO (2) SALES:

#1) Norton Creek Rd. Gatlinburg TN

&

#2) 902 Street of Dreams Way Gatlinburg

Bidding Starts: Thursday, June 7th  at 9:00 AM

Bidding Ends:  Tuesday, June 12th at 2:00 PM (Staggered Closing)

This auction event will be ONLINE.

Public Preview  :

Preview anytime prior close of auction.

Click Here to View Map!

 

Property #1)

50 ac. Norton Creek Rd.

Large Acreage Tracts:

Nestled between Gatlinburg and Pigeon Forge, you will find this 50 ac. parcel of forest land that adjoins the landmark Communities of Norton Creek and OutBack Village, and is only mere minutes to 520,000 acres of the Great Smoky Mountains National Park. This private preserve has been subdivided into 3 large estate size tracts one being 11ac. and two tracts containing a remarkable 18ac. each.

Click Here for Terms on SALE #1: The 50+ ac. On Norton Creek

Property #2)

Outback Resort Village

9 PUD Lots - 11, 12, 13, 14, 15, 16, 17, 18, & 19   +  1/2 ac.  Lot 10 from Outback Down Under:

Click Here to View "Lot 10 Outback Down Under" Survey

Click Here for PUD Lots & Lot 10 Restrictions

Click Here for Terms on Sale #2: 9 PUD lots & lot 10 Outback Down Under

In the foothills of the Smoky Mountains you will find this secluded Private Gated Community that you can build your primary residence in or your vacation rental home.

Features:

Private Gated Community

Onsite rental management company

Swimming Pool

Underground Utilities

Private Water System

Exciting Property at Absolute Auction! No Minimum No Reserve!

Auction Directions:

Property #1 From Pigeon Forge travel south on U.S 441 towards Gatlinburg go approx 4 miles to right onto Norton Creek Rd go 1.2 miles to property on your left. Property #2 From Pigeon Forge travel south on U.S. 441 south toward Gatlinburg go approx 4 ½  miles and turn right onto Wiley Oakley Dr. and go ¾ mile and stay straight road becomes  Edgewood Dr. and go 4/10th mile then slight right onto Woodland Dr and straight to Street of Dreams.  

Terms:

Real Estate: 10% Down day of sale, balance due at closing within 30 days.

10% Buyer’s Premium All successful bidders will be required to sign a note for the deposit amount in addition to deposit paid day of sale. The note shall become null and void when buyer shall complete all requirements for closing as set out in their contract.

2% Broker Participation is available to all licensed Real Estate professionals. Please call 1-865-774-5789 for email pkg.

 

6/12/18 ONLINE ONLY BIDDING

ABSOLUTE AUCTION STATEMENT OF SALE & ONLINE TERMS

3 Large acreage Tracts and 10 Residential Lots p/o the Charles Taylor Estate of Sevier County

10% BUYER’S PREMIUM WILL BE ADDED TO EACH SUCCESSFUL BID

All newspaper or other publications and all oral and verbal statements as to advertising made by owners of said property and by Todd Thompson Auctions llc, or any agent of said company, or by Todd Thompson, are hereby revoked.

This is an Absolute Auction - All Sales are Final. The highest bid plus a 10% Buyer’s Premium will be the total sales price. All successful bidders will be required to sign a note for the deposit amount, in addition to deposit paid day of sale VIA CASH, GOOD CHECK, OR WIRE TRANSFER.. Note shall become null and void when buyer shall complete all requirements for closing as set out in their contract.

ALL ONLINE BIDS ON THIS AUCTION START THURSDAY, June 7th, AT 9:00 AM EDT AND WILL BEGIN ENDING ON Tuesday June 12th AT 2:00 PM EDT.

AUCTION END TIMES: TODD THOMPSON AUCTIONS llc.

Online Auctions are timed events and all bidding will close at a specified time. Todd Thompson Auctions llc. 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 PM receives a bid at 1:59, the close time will automatically extend 2:04 PM. The auto extend feature remains active until no further bids are received within a 5 minute time frame. Todd Thompson Auctions llc. reserves the right to adjust the auto extension time period. THE FINAL SALE OF PROPERTIES USING INTERNET BIDS/MAX BIDS WILL DETERMINE THE WINNING BIDDERS OF PROPERTIES AS ADVERTISED. INTERNET BIDDING INCREMENTS =

$0 TO $2,499 --- 50.00

$2,500 TO $9,999 --- 100.00

$10,000 TO $24,999 --- $250.00

$25,000 TO $49,999 --- $500.00

$50,000 TO $249,999 --- $1,000.00

$250,000 TO $499,999 -- $5,000.00

$500,000 AND UP --- $10,000.00  

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 & Promissory Note Package, along with any other paperwork pertaining to each sale #, will be sent by e-mail from Todd Thompson Auctions llc to the successful bidder, who must execute and fax or email back to Todd Thompson Auctions llc within 24 hours of receipt. Successful bidders not executing and returning their contract & promissory note with earnest money deposit (10% non refundable deposit of total purchase price (certified funds or wire) made payable to Todd Thompson Auction llc 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,” signed “Promissory Note,” 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 Todd Thompson Auctions llc 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.

AUCTION SALES CONTRACT, PROMISSORY NOTE, and STATEMENT OF SALE: Each property is offered under specific terms provided in the auction sales contract, promissory note, and statement of sale. The Auction Sales Contract, Promissory Note, Statement of Sale are available at www.toddthompsonauctions.com in the “View Documents” section of this auction website. Please read and review the contract, promissory note, and statement of sale thoroughly prior to bidding on any property. 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!

Buyer’s Premium: A 10% buyer’s premium will be added to the bid price on all properties to determine the final contract price.

Todd Thompson Auctions llc has the sole authority to resolve any bidding disputes as they may arise.

Todd Thompson Auctions llc 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 Todd Thompson Auctions llc or anyone else if the internet service fails to work correctly before or during the ending of the auction. Todd Thompson Auctions llc  will not be responsible for any missed bids from any source.

Taxes for the 2018 year to be prorated at closing and any back taxes to be paid by seller at closing. Closing on all Real Estate will be on or before 30 days from June 12th, 2018. Possession of all properties to be given at closing, unless otherwise stated in individual property terms. All properties to be sold in “as is” condition with no guarantees or warranties expressed or implied. Please rely on your previous inspections of all properties. Copies of surveys, restrictions, zoning regulations and any other paperwork pertaining to the properties are available online.

The properties will be sold subject to zoning, easements and restrictions of record and will be sold as described from maps. The properties will be sold free from all encumbrances and a Warranty Deed will be executed by the owner to the purchaser for said land.

Terms: for Real Estate are 10% down day of online bidding end, balance at closing within 30 days. Buyer to pay one-half of closing fee, in addition to their other individual closing costs. Please note that Tennessee Land Title will be the exclusive closing agent for all transactions.

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 unless prepared to do so.

INDIVIDUAL PROPERTY TERMS:

SALE #1: The 50+ ac. On Norton Creek . part of the Charles Taylor Estate will be sold as follows :     

All properties to be sold in “as is” condition with no guarantees or warranties expressed or implied.  

    Tract 1 contains 11.56ac. Tract 2 contains 18.33ac. Tract 3 contains 18.44ac. By purchasing a  tract in this auction the buyer agrees to a road maintenance agreement for upkeep and maintenance. The fee is 100.00 one hundred dollars per year for an unimproved tract and 100.00 dollars per month for an improved tract. Access for tracts 1 and 3 are by private roads through Outback Resort via Wattle Blossom Dr. and Street of Dreams Drive. Access for tract 2 is by Norton Creek Rd via a 50ft. Wide Joint use Access Easement.

    The roughed in road shown on map as a dotted line called Center line Road bed across tracts 1, 2, does not grant legal use or establish a R.O.W to adjoining tracts.

    These acreage tracts are not part of nor subject to Outback Resort Village or Outback Downunder Subdivision Restrictions. The property is currently zoned R-1 and is being sold from recorded map by J. Brennon Garrett registered Land Surveyor.

10% Buyer’s Premium added to each successful Bid

Sale #2: The  9 PUD lots of Outback Resort Village and lot 10 Outback Downunder Subdivision in Gatlinburg TN will be sold as follows.

All properties to be sold in “as is” condition with no guarantees or warranties expressed or implied.

    Lot 10 of Outback Downunder contains .49ac.and is approved for 3 bedroom home by Sevier County Health Dept. Lot 10 will be sold from recorded map by Gary Frank Norvell registered Land Surveyor dated 6-17-05

10% Buyer’s Premium added to each successful Bid

    The 9 PUD lots numbered 11, 12, 13, 14, 15, 16, 17, 18, 19 of the Outback Resort Village are units in a planned Development. Purchasing a PUD unit per recorded plat of Outback Resort Village shown is approximate location and does not dictate exact location.The buyer purchasing property in this auction agrees to become a paying member in Outback Resort Village HOA with dues to be 100 dollars per year for undeveloped land and 100.00 per month for improved property. please see a copy of restrictions available online.

The 9 PUD lots will be sold from recorded map prepared by Alcon Enterprises Al Crumley Surveyor dated 7/30/04

10% Buyer’s Premium added to each successful Bid

Real Estate: 10% Down day of sale, balance due at closing within 30 days. 10% Buyer’s Premium All successful bidders will be required to sign a note for the deposit amount in addition to deposit paid day of sale. The note shall become null and void when buyer shall complete all requirements for closing as set out in their contract. 2% Broker Participation is available to all licensed Real Estate professionals. Please call 1-865-774-5789 for email pkg.