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Cave Springs Tract 3 $32,700


Current Price: $32,700
New Price:
Rate data provided daily by European Central Bank
Acres
14

14.78 Acres near Lake Norris and the Powell River- This large, private tract has a roughed in driveway leading far up onto the property where there is a cleared area with power. The tract has shared access to a year round spring (and may have other springs as well). The driveway is STEEP and will need some improvements to get it usable. You'll still need a 4x4 vehicle to get up it once it's fixed up. Once up to the clearing, there is around an acre of cleared, relatively flat land with a power. (There are also some junk RV's and trash piles that would need to be disposed of.) There are nice views of the opposing ridges from the cleared area. The drive in to this property is also unique in that there are spring fed waterfalls along the road as you go in (see drive video). The US government withheld the Thorium and Uranium rights for the area when the TVA established the lake but any other rights we have will convey when paid off.

Financing Options:

$600 covers the closing costs and the down payment options are below:

Percent Down

Down Payment

  APR

  Monthly Payment

0% Down

$0

  8.5%

  $251.43

5% Down

$1,635

  7.5%

  $217.21

10% Down

$3,270

  6.5%

  $186.02

15% Down

$4,905

  5.5%

  $157.82

20% Down

$6,540

  4.5%

  $132.55

These payments are based on a 30 year loan but we can go shorter to suit the buyer. There are no pre-payment penalties and any extra paid per month goes to principal. Contact us to calculate other terms.

Location And Approximate Property Outline:

Video Showing The Drive To The Property:

Survey:

Cave Springs Tract 3 Survey of Land with Spring

 

Approximate Perimeter Overlays And Angled Views:

 


Exterior Amenities
TR3 Roop Hill Rd.
Sharp's Chapel, Tennessee 37866
United States
County: Union
Sale Type: PENDING
Ref #: CS-TR3-CP
Acres
14
TR3 Roop Hill Rd.
Sharp's Chapel, Tennessee 37866
United States
County: Union
Sale Type: PENDING
Ref #: CS-TR3-CP

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TR3 Roop Hill Rd.
Sharp's Chapel, Tennessee 37866
United States
County: Union
Sale Type: PENDING
Ref #: CS-TR3-CP

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TR3 Roop Hill Rd.
Sharp's Chapel, Tennessee 37866
United States
County: Union
Sale Type: PENDING
Ref #: CS-TR3-CP
We do our best to make everything as accurate as we can. If there is anything in question or vital to your purchase please make sure you verify it with us before making any decisions.

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