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5 Acres With Pond, Spring, View, Bull Dozier, Financing
East Tennessee property on land contract Grainger Cnty
Current Auction Price: $300.00
Current Bids: 0
Zip Code: 37888

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5 acres with pond, spring, view, bull dozier, financing
East Tennessee property on land contract Grainger Cnty

This property is being offered with

 100% owner financing
(available to everyone)

 UNDERSTAND  TERMS  OF  THIS
 AUCTION  BEFORE  BIDDING!
Terms:
  This auction is for the closing fees($300) and down payment.  Winning bidder will assume monthly payments on this property. You are not bidding on the full purchase price.Price on this 5.43 acres is $41,600Please call or email if you have any questions
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You are bidding on the closing fees and down payment.  $300 starting bid covers all your closing fees.  Any amount bid over the $300 is your down payment.   Example:  If you use the “Buy It Now” feature set at $399 then $300 pays closing fees and $100 is deducted from total price and financed amount would be $41,500
Total price of the 5.43 acres is $41,600——————————————————————————————————————————————————————————————Are you interested in rural and recreational Tennesseeproperty with 100% owner financing?

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Unrestricted 5.43 acreage in a very private setting in a great area of East TennesseeNice property to get away to.

Beautiful panoramic views of the East Tennessee countryside and sprawling farms

Ideal for a home, cabin, camper, RV, retirement, etc.

Just 2 miles from Washburn, TN in  Grainger County  only 35 minutes from Knoxville and 35 minutes from Sevierville 

Norris Lake is 4 miles from the property with over 700 miles of shoreline! (great fishing, boating, recreation, etc.)

Property has great Southern exposure. (ideal for solar, crops, vineyard etc.)

Property also has a ridge top with miles of views (possible wind generation)

Endless water supply from your own spring fed pond

Property includes Caterpillar D6 bull dozier

Electricity at Road, spring for water, septic will be needed

Taxes run $65 per year

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This property is hilly:The terrain of this property is very unique and has great potential.   There is an ideal building site located towards the front of the property with views of the valley and surrounding hills.  Property is rectangular in shape(225′ x 950′)  A private drive is already on the property and leads from the road to the ideal building site.  The building site area is an area of about 1.5 acres that is covered in small pines and has a medium slope(see pictures).   This building site is about 250′ from the road and private(can’t be seen from the road).   Behind the building site(pine trees) the property continues uphill towards the top of the ridge.  The back part of this property is steep and wooded with a Southern exposure that makes it ideal for solar, vineyard or other crops.  The back of the property ends at the top of a ridge where you can see for miles in all directions and would be ideal for wind mills.
Spring fed pond:The building site not only has great views of the surrounding farms but also overlooks a small spring fed pond located on the front of the property.  This pond is visited often by the local deer and wildlife.  This pond could easily be made larger and deeper by building up a small wall or pushing dirt to stop the water from flowing out.  The pictures below show the pond when it was overgrown and after clearing all the vegetation.  You could also use the spring for your water needs saving the expense of drilling a well.  A septic system will be needed if you build a home.
The views:Many people say that the scenery in East Tennessee is some of the most beautiful scenery anywhere.  This property has a slight elevation from the surrounding valley and overlooks beautiful rolling green pastures with the Tennessee foothills in the background.  There is also a seldom used railroad that goes past the front of the property and provides a nice barrier from the road.  Be sure to see the video that shows the views from this property.  The video was taken at the same elevation as the building site.  If you go farther up the ridge the views get even better.
The railroad tracks:There are railroad tracks that are between this property and the road.  These tracks are seldom used but provide more scenic views.  These tracks are also great to use as a walking trail you can walk either direction along the tracks and the scenery is beautiful, the picture (below)showing the rock cliffs next to the tracks is only about 800′ from the property.  The railroad tracks are elevated from the road and provide a great barrier to this property.  The only way onto this property is to use the private drive that takes you over the tracks.  Except for the driveway it would be very very difficult to walk onto this property.  If you want privacy and security this property has it.
The bull dozier:Yes, the winning bidder will also get a bull dozier.  This dozier is a large machine.  It is a Caterpillar D6 and has a 6 cylinder diesel engine and a hydraulic blade.  This dozier is complete but has not been used in nearly 3 years.  The dozier was operational when we purchased this property nearly 3 years ago but has been sitting outside since.   I have been told by a local heavy equipment shop that this dozier was probably built in the 50s or 60s.  If you are able to do a little maintenance and tune ups you could use this machine to sculpt the property exactly the way you want it.  Dozier is on the property and sitting next to the driveway.
Washburn TN, Grainger County:This area is a scenic area located in the foothills of East Tennessee.  This is not a built up area.  This is not a booming area of growth.   No fast food chains, no shopping malls, no sidewalks, no traffic jams, just narrow winding roads through the scenic country side.  Oh yeah,  when you drive around this area everyone waves and says hello(why can’t it be that way everywhere).  Washburn is 2 miles away and there is a school, post office, bank, and 2 convenience stores and thats about it.  If you plan on working you will probably have to drive to Knoxville, Morristown, Sevierville or other areas but all these locations are less that 45 minutes drive.   Be sure to view the videos  shown below on this auction. —————————————————————————————————————————————————

Financing options:

Total price is $41,600.  Interest rate with only $300 closing fees starts at 11.5%.  The rate can be lowered if you have a down payment.  For every 5% you put down the rate is lowered 1%.  The lowest rate available is 6.5%.  Examples of payments are as follows:

•$300 down at 11.5% is $443.63 monthly(20 years) or $411.96 for 30 years

•5% down ($2380) at 10.5% is $394.56 monthly

•10% down ($4460) at 9.5% is $348.99 monthly

•15% down ($6540) at 8.5% is $306.86 monthly

•20% down ($8620) at 7.5% is $268.10 monthly

•25% down ($10700) at 6.5% is $232.62 monthly

All of the above payments are figured on 20 year financing(except for the $411.96 for 30 years).  You can go shorter or longer (max. is 30 year term) depending on your budget needs.  There are no pre-payment penalties.  Anything you pay over the monthly payment all goes towards the principal.   This is done on a land contract with a deed provided free and clear when land is paid off.  We do not get involved in your credit.  If you pay the closing fees then you are approved.

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Here is a link to a map showing location of property :          click for map of area

Here is a link to a topographical map:                         click for topographical map

Here is a link to a satellite image:                                   click for satellite image

About us:

 We have been selling property with owner financing for many years and have many happy customers.   If you have any questions please email us and include your phone number.  I will call you.  If you would like to see the property please call or email and I will be glad to show it to you.

If you are new to Ebay or have negative/no feedback please contact us before bidding or your bid will be deleted.  This is due to previous non paying bidders.

Below is a short video of the property.  This video was taken standing about 250′ East of the property looking at the property. 

The next video clip shows the views from the property and some clips of nearby Norris Lake

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We have new properties that will be coming available over the next few weeks.  These properties will be located in Eastern Tennessee.  Join our email list to get updates of these new properties before they get listed online.  All properties will be available with 100% owner financing.

Payment will be through Paypal and is due within 48 hours of auction end time.

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Immediate Sale Price (if available): $399.00
Starting Price: $300.00