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McLemore
Auction Company, LLC sold this Three
Bedroom, Two and One Half Bath, 1,567 +/- sq. ft. Home on
.45 +/-
acres at 505
Mathes Court, Goodlettsville, TN 37072 on June
28, 2008 for $153,500.
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McLemore Auction
Co.,
LLC
470 Woodycrest Ave.
Nashville, TN 37210
(615) 517-7675
(615) 379-2263 fax
info@mclemoreauction.com
Firm License 5241
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This
fine brick home, situated on .45 +/- acres in Goodlettsville will be
sold to settle the Estate of J. Franklin. The grounds include
mature trees, and a patio and deck area with a hot tub. The adjustable
aluminum wheelchair ramp (pictured in the photo gallery) will be sold
separately.
The home features hardwood floors, a fireplace, full basement, and a
two car garage. For more specific information about this
property, be sure to examine the photo gallery or join us at the
property inspection dates below.
Personal property from this estate will be sold at a separate online
auction closing June 29 beginning at 2:00 PM CT. Click
here to view these items. Both auctions are being offered in
conjunction with Pace Setter Auction.
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Saturday, June 28, 2008
from 8:00 AM to 10:00 AM CT
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GENERAL
INFORMATION
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Address:
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505
Mathes Court,
Goodlettsville, TN 37072
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County:
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Davidson
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Zoning:
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R15
(low-medium density residential, requiring a minimum 15,000 square foot
lot and intended for single and two-family dwellings)
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Acres:
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.45 +/-
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Construction:
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Brick
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Driveway:
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Concrete
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Stories:
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1
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Year
Built:
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1970
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Basement:
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Full Basement
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Lot:
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Gently Sloping
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ROOMS
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Kitchen:
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Eat-In, Overlooking
Deck
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Bedrooms:
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Three Bedrooms
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Bathrooms:
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Two Full Baths and
One Half Bath
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Other
Rooms:
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Den and Living Room
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Basement:
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Full Basement
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Total
Square Feet:
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1,567 +/- sq.
ft. |
| FEATURES |
Appliances:
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Range, Microwave
(built in), Frigidaire Refrigerator (side by side w. water and ice
dispenser)
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Interior Features:
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Fireplace
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Exterior Features:
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Mature Trees, Two
Car Garage
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DIRECTIONS
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Travel
I-65 N to Exit #97 Long Hollow
Pike/Goodlettsville. At bottom of ramp
turn Left. Go .4 miles to Right on N. Main Street (41N). Go
1.1
miles then turn Left on Old Springfield Pk. (next to campground).
Take 1st
left on Hitt. Then take 2nd Right on Utley. Follow Utley to
2nd left on
Mathes Dr. to 1st Right on Mathes Ct. to sale site.
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| 1.
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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.
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2.
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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.
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3.
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Absolute Auction: The
property will sell to the highest bidder, regardless of price. |
4.
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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.
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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.
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Escrow
Agent: The deposit, earnest and purchase monies in respect
of the property shall be paid to and deposited with First Title and
Escrow Company, Inc., Elizabeth J. Smith, Contact. (615)
383-4429. 2000 Richard Jones Rd, Ste 110, Nashville, TN
37215.
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7.
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Deed:
Sellers shall provide a warranty deed. |
8.
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Title Insurance:
Sellers shall provide an owner's title insurance policy in the amount
of the purchase price. |
9.
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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.
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Cash Sale:
This is a cash sale and is not contingent on purchaser's ability to
obtain financing. |
11.
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Possession:
Purchaser will receive possession at closing. |
12.
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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.
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Easements:
Sale of the property is subject to any and all easements of record. |
14.
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No New
Survey: The property will be conveyed according to the
existing legal description. |
15.
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Personal
Property: No personal property shall be conveyed with the
property unless specifically included in the agreement of purchase and
sale. |
16.
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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.
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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.
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Announcements:
All announcements made on auction day supersede any prior oral or
printed statements. |
19.
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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.
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20.
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Owners: Lizabeth Coleman and
Julia Primrose
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Financing Terms for
this Property Offered by Volunteer State Bank
Volunteer State Bank has agreed to finance 75% of the purchase price at
this auction for any buyer.
The
terms of this financing are as follows:
RATE: 6.90% APR
AMORTIZATION: 15 Years
BALLOON: 3 Years
DOWN PAYMENT: 25% of Bid Price
PAYMENT SCHEDULE: Monthly
ORIGINATION FEE: 1%
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Patti
Baldini-Martin,
Auctioneer
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