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McLemore
Auction Company, LLC sold this Neelys
Bend Condominium, 1,104 +/- sq. ft. Unit #F55 at
1301
Neelys Bend Road, Madison, TN 37115 for $37,500 on
May 16, 2009.
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Contact Sale
Manager:
Patti Baldini
(615) 500-4917
patti@mclemoreauction.com
McLemore Auction
Company,
LLC
470 Woodycrest Avenue
Nashville, TN 37210
Firm License 5241 |
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This
two bedroom, one and one half bath condo with living room and kitchen
will sell to the highest bidder regardless of price. It is currently
vacant and move in ready. This unit is conveniently located directly
across from pool and common green space.
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Saturday, May 16th
from 10:00 AM
to 11:00 AM CT
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INCOME
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Tenant:
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Not currently leased
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Monthly Rent:
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Previously rented
for $630 / month.
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LAND
INFORMATION
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Zoning:
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RS10:
Single Family
(10,000 sq. ft. lot), Ov-Air:
Airport Overlay
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Acres:
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N/A
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Subdivision Name:
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Neelys Bend
Condominium
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IMPROVEMENT
INFORMATION
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Construction:
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Brick/ Siding
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Stories:
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2
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Year
Built:
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1976
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Total
Square Feet:
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1,104 +/- sq.
ft. |
ROOMS
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Bedrooms:
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Two Bedrooms
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Bathrooms:
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One Full Bath with
Tub/Shower, One Half Bath
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Kitchen:
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Eat-in Area, Range
and Refrigerator Included, Washer and Dryer Hook-Ups
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Living Room:
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Carpet
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Basement:
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None
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OTHER
FEATURES
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Amenities:
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Pool
Clubhouse
Tennis/Game Court
Laundry Facility
Green Space
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TAXES
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County
Tax ID:
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052-16-0A-055.00-CO
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2008 Taxes:
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$612.06 |
PROPERTY OWNERS' ASSOCIATION
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| HOA: |
Neely's Bend
Condominium Association
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Manager:
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Jim Curley
Properties, 177 Belle Forest Circle,
Nashville, TN 37221 |
Monthly Dues:
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$130
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Rules & Regulations:
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View a scanned copy
of Rules & Regulations by clicking here.
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DIRECTIONS
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From the intersection of Old Hickory
Blvd and Gallatin Rd, head south on Gallatin Rd to left on Neelys
Bend Rd. Follow Neelys Bend Rd 2.5 miles and turn left just after
elementary school onto Cheyenne Ct. Neelys Bend Condominiums on right.
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NON-QUALIFYING
FINANCING AVAILABLE
through Wilson Bank & Trust
For more information on financing terms, click HERE.
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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 Road, Suite 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 and 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 and 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. Refrigerator and range will convey with condominium.
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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: Jack L. and Lou P. Barron
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