The U.S. Marshals Service offers the following asset for auction:
- Subject properties known as 2324 & 2326 Old Knoxville Pike, Maryville, Knox County, TN 37804. This property is one lot with two structures located on the lot.
- Lot Size: 14,720 +/- sq ft
- Zoning Classification: R1 - Residential
- The highest and best use of the subject is vacant land. The property has two single wide manufactured homes which have no economic life remaining due to significant deferred maintenance. One single wide home is 15.5 x 76 manufactured home and the other is a 16 X 72 single wide manufactured home on the same parcel.
- The topography is gently sloping, the size is average, the shape is rectangular, the view is average and the drainage is visually adequate. The property has public electricity, water and sewer available.
- The neighborhood is bounded to the north by McArthur Road, to the east by E Brown School Road, to the south by Highway 411 and to the west by N Wright Road. The properties are convenient to the local shopping and services of Maryville. The area is located within 2 miles of major employment areas.
This is pursuant to a Final Order of Forfeiture dated November 16, 2012.
NOTE/DISCLOSURE:
THIS PROPERTY IS BEING SOLD WITHOUT TITLE INSURANCE. UNDER THE FORFEITURE LAW, ALL INTERESTS ON THIS PROPERTY HAVE BEEN EXTINGUISHED. AS A RESULT, THE UNITED STATES (US) SHOULD HAVE CLEAR TITLE. HOWEVER, US IS UNABLE TO OBTAIN TITLE INSURANCE DUE TO A TITLE OWNER WAS NOT SPECIFICALLY DEFAULTED OUT IN THE AMENDED FINAL ORDER OF FORFEITURE. THEREFORE, THIS PROPERTY IS BEING SOLD WITHOUT TITLE INSURANCE. TITLE WILL BE TRANSFERRED TO THE BUYER VIA A MARSHAL’S QUIT CLAIM DEED.
PROPERTY IS BEING SOLD AS IS; HOWEVER, SELLER WILL PAY ALL DELINQUENT TAXES AND ANY LIENS AGAINST THIS PROPERTY AT CLOSING.