Gated Community Multi Lot Auction
Chelaque Estates
Chelaque Way, Mooresburg, TN 37811

Offered in Individual Lots
Great Property, Great Location

Multiple Lots offered at Chelaque Estates in Mooresburg, TN. This is a waterfront gated community with lakefront lots and lake view lots overlooking Cherokee Lake & mountain view lots. Cherokee Lake provides about 400 miles of shoreline and about 28,780 acres of water surface for recreation activities.


Features:
  • Beautiful Gated Community
  • 2055-acre Lake w/trophy fishing
  • Community Pavilion
  • Community Boat Ramp
  • Underground Utilities
  • Near Great Smoky Mountains
  • Secluded Country Living
  • Convenient Location
  • Mountain Views

Properties Included:
  • 142 Chelaque Way
  • 1012 Wilderness Drive
  • Keetoowa Drive
  • 12 Keetoowa Drive
  • 1910 Chelaque Way E
  • 1918 Chelaque Way E
  • 1625 Sequoyah Drive
  • 381 Chelaque Way
  • 365 Chelaque Way
  • 307 Chelaque Way
  • 2104 Kahiti Court
  • 318 Chelaque Way
  • 1527 Catoosa Drive
  • 157 Chelaque Way
  • 1412 Echota Way
  • 287 Chelaque Way
  • 1405 Echota Lane


    Directions: From Hwy 11W North turn onto Slate Hill Rd, Turn Left onto JV Circle. Continue to entrance WATCH FOR AUCTION SIGNS
For more information or to view prior to auction end contact Greg Hurst @ 423-748-6955
TERMS & CONDITIONS
Please Read the following terms carefully. By registering for this auction, you acknowledge that you have read and understood all terms and conditions.

REAL ESTATE: Multiple lots in Chelaque Estates, Mooresburg TN shall be offered at online auction.

BIDDING: Bidder must register to participate in the auction. Read the descriptions and view photographs carefully. If you have any questions, please call Auctioneer at 423-748-6955. Using YOUR knowledge and experience, form your own opinion of the property and bid accordingly. If you are in doubt, DO NOT BID. The property is sold AS-IS; this is an AUCTION and all SALES ARE FINAL. Bids cannot be retracted and are binding contracts between Bidder and Auctioneer/Seller. Bidder is accountable to be informed about property and associated costs before bidding. A maximum bid can be placed on the property. A maximum bid is kept confidential. Except for properties noted “Absolute Auction” all properties in auctions have a minimum selling price established by Seller (“Reserve Price”). The starting bid is not the Reserve Price. Except where prohibited by law, Auctioneer may counter bid on behalf of Seller on any property up to the amount of the Reserve Price (and no such bid will result in a sale of the property). If the Reserve Price is not met, Seller is under no obligation to sell the property; however, Seller may accept a bid that is below the Reserve Price in its sole discretion. Auctioneer reserves the right to reopen bidding. Auctioneer’s decisions will be final.

AS IS/ WHERE IS: All properties are selling “As-Is, where is” with all faults. It is the buyer’s responsibility to conduct any and all inspections and perform all acts of due diligence deemed necessary before bidding. Placing a bid will be considered as acceptance of the property in it’s as-is condition.

ONLINE BIDDER VERIFICATION: For verification purposes, a credit card is required to register. Upon registering, an authorization of $1,000.00 will be required. Hurst Real Estate & Auction reserves the right to reject or accept bidder registrations at its sole discretion.
AGENCY DISCLOSURE: Hurst Real Estate & Auction is acting as agent for the seller and at no time is Hurst Real Estate & Auction responsible for, acting on behalf of, or acting as agent for the buyer.

BUYERS PREMIUM: A 10% Buyer’s Premium will be added to the bid price for each property to determine the final contract price. For example, if you bid $100,000, 10% ($10,000) will be added, resulting in a total contract price of $110,000.

BIDDER TERMS: Successful online bidders will electronically sign contract day of sale. 10% depost of Total Purchase Price shall be paid the following business day by wire transfer or approved check, balance due at closing in 30 days or less. A 10% buyer’s premium will be added to each winning bid for the final purchase price.

FINANCING: Sale of the property is not contingent upon the buyer obtaining financing.
UTILITIES:

HOA: Chelaque HOA fees are $505.00 per year per lot. HOA fees shall be prorated between buyer and seller at closing

TAXES: Taxes shall be prorated between buyer and seller at closing.

CLOSING: Buyer will pay all recording fees and any loan expenses. A local title company will close the sale. There will be a small closing fee charged to both the buyer and the seller by the title company.

INSPECTION: All property is sold “As Is, With All Faults.” Descriptions are provided as a service to customers only and do not constitute a warranty, either expressed or implied. Hurst Real Estate & Auction disclaims all responsibility for physical condition. All buyers are responsible for prior inspection of properties on which they bid, and by bidding are deemed to have so inspected the property. Placing a bid on the offered property, whether in person, or by agent, by written bid, telephone bid or other means, constitutes an agreement by bidder to these conditions of sale. For residences built prior to 1978, buyer waives the right to a 10 calendar-day opportunity to conduct a risk assessment or inspection for the presence of Lead-Based Paint and/or Lead-Based Paint Hazards. Square footage dimensions and acreage are approximate and should be independently verified prior to bidding. Hurst Real Estate & Auction, its agents and subagents, and the sellers assume no liability for errors or omissions in this or any other property listing or advertising or promotional/publicity statements and materials. All information and dimensions were derived from sources believed to be correct, but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property. All auction day announcements take precedence over any previously printed material or any other oral statements made.
Chelaque Estates Chelaque Way, Mooresburg TN 37811 Multiple Lots offered at Chelaque Estates in Mooresburg, TN. This is a waterfront gated community with lakefront lots and lake view lots overlooking Cherokee Lake & mountain view lots. Cherokee Lake provides about 400 miles of shoreline and about 28,780 acres of water surface for recreation activities.

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