Absolute Auction! 
1607, 1603 & 1605 Sunset Drive, Signal Mountain, TN 37377
Saturday, December 12th at Noon

Majestic Views Subdivision (just past Space Needle)

Southern Elegance Overlooking Chattanooga & The Tennessee River

This beautiful 3-level home has stunning views of downtown Chattanooga, the Tennessee River & the Great Smoky Mountains. The main level has a formal living room, dining room, kitchen and master suite with steam shower and sauna. The second level, with a separate entrance, has an open living room, kitchen, three bedrooms, three baths and 2-car garage, all of which make it perfect for additional living quarters for guests or family. In addition, this level has a screened-in and wrap-around porch.  On the third level are two additional rooms that could be used as bedrooms or bonus rooms. Finally the finished basement has a bonus room, two entertainment rooms and exercise room for extra fun. 

You’ll feel secure with a gated, private entrance with security camera and the option to purchase the two lots beside the home’s property. Additional features include an elevator, hot tub, air filter system, gas fireplaces in the bedroom and living room, sound system wiring and Brazilian hardwood flooring throughout. Minutes up the mountain from Downtown Chattanooga, you’ll be close to everything!

1607 Sunset Drive (Home)

Parcel no. 117B C 001.26

+/- 6,896 sq. ft.

4 Bedrooms, 5 Full Baths, 1 Half Bath

Built in 2008

Lot Dimensions: 25x185.17 - 0.11 Acres

County Taxes: $5,190.28

1603 Sunset Drive (Lot)

Parcel no. 117B C 001.21

Lot Dimensions: 462.91 x 133.89 IRR

County Taxes: $34.57

1605 Sunset Drive (Lot)

Parcel no. 117B C 001.22

Lot Dimensions: 714.12 x 250.78 IRR

County Taxes: $34.57

For more information, call 1-800-540-5744, ext. 9052.

Directions:

From Downtown Chattanooga: Take US-27 N/TN-29 N toward Signal Mountain. Slight left onto Signal Mountain Boulevard. Right on Balmoral Drive, just past space needle. Slight right on Sunset Drive. Stay left on Sunset Drive. Auction property is on left.

1. To bid on our property, you must be of legal age to enter into contract to purchase real estate (18 in most states, 21 in others). If you're in doubt about the legal age to enter into contract in your state, please consult with competent legal counsel before bidding.
2. While auction is "active", all bids can be placed online or offline (OFFLINE BIDDER MEANS BIDDER SUPPLIED BID IN PERSON WITH AUCTIONEER.
3. Winning bid is subject to seller approval prior to live auction.
4. A 10% buyer’s premium will be added to the final bid price to arrive at the total contract purchase price paid by the buyer(s).
5. Buyers Agent commission of 2% is being offered.
6. All bids are placed in US Dollars.
7. If you are outbid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire.
8. As the auction nears the ending time it will auto-extend until bidding is silent for 2 minutes.
9. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
10. The high bidder will be notified via email after the auction ends however, not necessarily the winning bid if we are going to live auction the next day. If you are out bid in the live auction you can increase via phone or absentee.
11. Seller reserves the right to postpone or cancel this auction at any time for any reason.
12. Sale is “as-is”, "where-is". Seller will not fix anything.
13. Within 1 day of auction close, winning bidder will be asked to obtain loan pre-approval or show proof of funds and sign a Purchase & Sale Agreement at the winning bid amount and based on the terms described here.
14. Closing will take place at seller's title company, Foothills Title in Knoxville, TN within 20 days of signing the contract.
15. When contract is signed, winning bidder will pay 10% nonrefundable down payment to be held at Keller Williams Realty / Pozy Auctions.
16. The down payment may be paid in personal check, business check and/or cash.
17. Winning bidder may, at their option and expense order a title examination and insurance.
18. Seller will include the following personal property in the sale: None
19. Please note: The online bidders will need to be present the day of the sale. We do not have service on the premises. If you are the highest bidder online this does not necessarily mean you are the highest bidder because of the onsite auction being conducted the day of the sale. AUCTIONEER’S AUTHORITY: The auctioneer shall make the sole and final decision as to the winning high bid amount. Acceptance by the online bidding platform does not necessarily constitute an accepted bid by the auctioneer. Please call with any additional questions.
20. Seller will exclude the following real property from the sale: None

F#5581