Estate Auction
McLemore Auction Company, LLC sold this Four Bedroom, Three Bath, 3,390 +/- sq. ft. Home on .42 +/- acres at 741 Goodpasture Terrace, Nashville, TN  37221 on Saturday, May 17  for $226,000.
McLemore Auction Co., LLC
470 Woodycrest Ave.
Nashville, TN 37210
(615) 517-7675
(615) 379-2263 fax
info@mclemoreauction.com
Firm License 5241
This fine brick home, situated on .42 +/- acres in Bellevue will be sold to settle The Estate of F. Douglas Scott.  The 3,390 +/- sq. ft. residence features four bedrooms and three full baths. The grounds include mature trees, a fenced back yard, and a deck.

The home features a two car garage, sunroom, saferoom, two fireplaces, and a finished basement.  For more specific information about this property, be sure to examine the photo gallery or join us at the property inspection dates below.

Also selling from the premises will be more than 500 lots of personal property from Mr. Scott's Estate.  Click here for more information about the personal property to be sold at auction.
Inspection Dates
Friday, May 16, 2008 from 2:00 PM to 6:00 PM CT
Saturday, May 17, 2008 from 9:00 AM to 11:00 AM CT

If these dates are not convenient for you, please contact us at 615-517-7675 to schedule an appointment at another time.
Photo Gallery



Property Details

GENERAL INFORMATION
Address:
741 Goodpasture Terrace, Nashville, TN  37221
County:
Davidson
Zoning:
RS-15 (Residential Single Family, 15,000 sq. ft. minimum lot size)
Acres:
.42 +/-
Construction:
Brick/Siding
Driveway:
Concrete
Stories:
Three (including basement)
Year Built:
1970
Floors:
Carpet, Hardwood, Tile, Linoleum
Basement:                
Finished
Lot:
Flat With Gently Sloping Backyard



ROOMS
Kitchen:
With Separate Dining Area
Bedrooms:
Four Bedrooms Including Master Suite
Bathrooms:
Three Full Baths
Other Rooms:
Living Room, Dining Room, Den, Sunroom, Laundry Room, Saferoom
Total Square Feet:
3,390 ft.  +/-  (includes basement)               



SCHOOLS
Elementary School:
Harpeth Valley Elementary
Middle School:
Bellevue Middle School
High School:
Hillwood High School



UTILITIES
Electricity:
Nashville Electric Service
Water:
Harpeth Valley Utility District
Gas:
Nashville Gas
Wastewater:
Sewer
Air Conditioning: Electric / Central
Heating:
Gas / Central  



FEATURES
Appliances:
Dishwasher, Electric Range, Electric Oven, Refrigerator
Interior Features:
Two Fireplaces, Drapes, Saferoom, Built-In Bookcases, Intercom System, Security System
Exterior Features:
Deck, Sunroom, Fenced Back Yard, Mature Trees



TAXES
2007 Taxes:
$2,212.91



Documents

Agreement of Purchase and Sale
Information Regarding AHS Home Warranty (to be provided to buyer at closing)
Subdivision Plat
Termite Inspection Letter
Home Inspection Report by David Edens (TN Lic. #86) of Protection Inspection dated May 2, 2008   


Buyer Broker Participation

At the real estate closing, McLemore Auction Company, LLC will pay 3.00% of the sales price of the property to an agent/broker who:
1.
Returns the Buyer Broker Registration Form via fax at 615-379-2263 or email at will@mclemoreauction.com at least 24 hours before the auction; and
2.
Attends the auction with their buyer, who is the high bidder at the auction and who subsequently closes on the property.

Terms and Conditions

1. Auction Procedure:  The auctioneer shall offer the property as a single lot to all registered bidders.  Bidders may register by agreeing in writing to be bound by these real estate auction terms and conditions. 
2.
Agreement of Purchase and Sale:  The purchaser shall execute an agreement of purchase and sale, in the form provided by the auctioneer, without modification, immediately after being declared the high bidder.
3.
Acceptance of Bid Price:  The final bid price is subject to the Seller's acceptance.
4.
Deposit:  The purchaser shall submit a nonrefundable deposit to the appointed escrow agent in the amount of 10% of the purchase price immediately after being declared the high bidder. 
5.
Closing:  The balance of the purchase price shall be paid at or before closing.  Closing shall take place on or before the date that is 30 days after the date of the auction. The escrow agent will schedule and conduct closing.
6.
Escrow Agent:  The deposit, earnest and purchase monies in respect of the property shall be paid to and deposited with Escrow Services of Tennessee, LLC, W. Aaron Fortner, Contact.  (615) 309-9570.  10 Cadillac Dr, Ste 150, Brentwood, TN  37027.
7.
Deed:  Sellers shall provide a warranty deed.
8.
Title Insurance:  Sellers shall provide an owner’s title insurance policy in the amount of the purchase price.
9.
Closing Costs:  At closing, Seller shall pay for half of the escrow closing fees, all of the costs for preparation of all documents to convey the property and the entire premium for the owner’s policy of title insurance.  At closing, purchaser shall pay for half of the escrow closing fees, any and all recording fees, and all other sale, financing or closing fees as required.  Taxes shall be prorated to the date of closing.
10.
Cash Sale:  This is a cash sale and is not contingent on purchaser's ability to obtain financing.
11.
Possession:  Purchaser will receive possession at closing.
12.
As-Is Sale:  The Purchaser shall accept the property in an as-is condition with all faults as of the closing date and the purchaser shall specifically agree that the seller has not and does not make any representations or warranties of any kind whatsoever, expressed or implied, to the purchaser regarding the property or any improvements thereon.  The property is selling subject to anything an accurate survey or personal inspection of the property may reveal, including any existing rights-of-way, easements or claims to easements, encroachments, rights or claims of parties in possession, restrictive covenants and easements, flood zones, zoning or subdivision regulations, building codes, governmental agencies regulations, environmental conditions, lead-based paint, asbestos, radon gas, hazardous materials, any mineral rights, water rights, riparian or littoral rights, and reservations or conveyances, if any.  The purchaser shall have satisfied himself as to the location and condition of the property, and all descriptions thereof, before bidding.  All information contained in the brochure and all promotional materials, including, but not limited to, square footages, acreage, dimensions, maps, taxes, etc., was provided by the seller and is believed to be correct; however, neither the seller nor the auctioneer makes any guarantee or warranty as to the accuracy or completeness of such information.
13.
Easements:  Sale of the property is subject to any and all easements of record.
14.
No New Survey:  The property will be conveyed according to the existing legal description.
15.
Personal Property:  No personal property shall be conveyed with the property unless specifically included in the agreement of purchase and sale.
16.
Agency:  McLemore Auction Company, LLC and its representatives are exclusive agents of the seller and are agents of no other party to this transaction.
17.
Equal Opportunity Clause:  All bidding is open to the public. The property is available to qualified purchasers without regard to a prospective purchaser’s race, color, religion, sex, familial status, national origin, or physical handicap.
18.
Announcements:  All announcements made on auction day supersede any prior oral or printed statements.
19.
Miscellaneous:  All decisions of the auctioneer are final as to the methods of bidding, disputes among bidders, increments of bidding and any other matters that may arise before, during, or after the auction. Seller reserves the right to deny any person admittance to the auction or expel anyone from the auction who attempts to disrupt it.
20.
Owner: The Estate of F. Douglas Scott


In Conjunction With

Music City Auction
David Allen, Auctioneer


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