Auction Details

Fairview House on Chester Road  -  Online Auction


Dates
Starts: Sat, May 1 at 12:00 AM US/Central

Ends: Tue, Jun 1 at 6:00 PM US/Central

Fairview Brick Home w/ Full Basement
7402 Chester Road - Fairview, TN (Williamson County)

 
This brick home has 2,300 square of living space under roof!  There is 1,150 square feet on the main level with another 1,150 square feet in the lower level.  The basement has been completed and is currently used as a den, sound studio, office, storage & more!  There is a lot of potential in this space.

The parcel is located in the newly revised FEMA Flood Zone AE.  There is no creek or water on the property, but there is a drainage ditch line along the rear boundary line that is susceptible to flooding during times of very heavy rainfall.  If this property is financed, flood insurance will be required by the lender.

 

This brick home was built in 1976, but has had remodeling projects over the years.  Recent updates in the last 5-6 years include:
New roof 2020
Completely renovated first floor (basement level) in 2019
New HVAC
New windows on the upstairs rooms
New hot water heater


ROOM SIZES & Details...
1st Floor (Downstairs):
Storage Room: 12' x 12' (the hot water heater is located in this room so we can't call it a bedroom and no closet) - This room was converted from a garage.
East Room - 11' x 23' (This used to be 2 bedrooms but we converted it to 1 room studio - it doesn't have closets (never did but Ken Brison called the home a 5 bedroom home which maybe he could back in the 80's). We can't call them bedrooms because there are no closets, right?
Great/Family Room - 20' x 21'
Full Bath - 7' 8" x 7' 5"
Alcove located under the front porch (or Storm Shelter) Approx 12' x 4' x 8' (Doyle forgot to measure - if you need it he will when he goes back over there)

2nd Floor (Upstairs):
East Back Bedroom - 15' 6" x 11' 5"
West Back Bedroom - 12' x 11' 9"
Middle East Bedroom - 11' 5" x 10' 3"
Living Room - 15' x 12'
Kitchen - 18' 9" x 11' 3"
Full Bath - 8' 3" x 6' 10"
1/2 Bath (In West Back Bedroom) - 3' 11" x 4' 2"


Online Bidding Ends - Tuesday, June 1st at 6:00PM

Open House Sunday May 23rd - 1pm

Opening Bid: $125,000.00

David Hudgins, auctioneer - TN Lic#4787
PROCEDURE: The property will be sold as a whole.
DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier's check. The balance of the contract purchase price is due in cash at closing within 30 days.
YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.
ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the close of online bidding.
BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer.
CLOSING: Closing shall take place 30 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed.
POSSESSION: Possession will be given at closing - Date of Deed.
TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase TITLE INSURANCE.
REAL ESTATE TAXES AND ASSESSMENTS: The current year taxes on said Property shall be prorated to the date of closing. There are no liens on this property and all taxes are paid current.
EASEMENTS: Sale of said property is subject to any and all easements of record.
SURVEY: No new survey; property will sell and transfer per existing deed.
AGENCY: Hudgins Auctions and its representatives are Exclusive Agents of the Seller.
ZONING: Currently, the property is RESIDENTIAL. The property is located inside city limits of Fairview, TN
UTILITIES: Public Water, Sewer & Electricity are available.
LEAD-BASED PAINT DISCLOSURE: Seller has no knowledge, records, or reports of lead-based paint and/or lead-based paint hazards in the house. Buyer has received a 10-day opportunity (unless the parties mutually agreed upon a different period of time) before becoming obligated under the contract to purchase the housing to conduct a risk assessment or inspection for the presence of lead-based paint hazards. Upon signing the Purchase Agreement, Buyer waives the opportunity to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards.
FEMA FLOOD ZONE AE - This property is located in a FEMA Flood Zone. Zone AE


DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages are approximate and have been estimated based on either the current survey, deed of record or property assessor's report.

 

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