AUCTION DETAILS
- LIVE AUCTION: Saturday, May 17th @ 10:00 A.M.
- DIRECTIONS: Take University Parkway (US-321) to Cherokee Road (Hwy 67) Drive 1.4 Miles turn Right on Steward Drive. Right on Bingham Court. First home on the left. See auction sign. Click HERE for Google Maps GPS Directions.
PROPERTY DETAILS
- 6 BINGHAM CT., JOHNSON CITY, TN 37604
- Functional Layout
- A-Frame Chalet-Style Home
- Base Floor: 875 Sq. Ft
- Upper Story: 350 Sq. Ft.
- Partially Finished Basement: 525 Sq. Ft.
- Centrally Located in Johnson City, TN
- Same Owner Since 1991
- Major Airbnb, Investment, and/or Flipping Potential!
- 2024 Appraisal: 218,300
- Annual Taxes: $1,672.23
- In Cherokee Hills Subdivision - One of Johnson City’s most desirable neighborhoods!
AUCTIONEER NOTES
FIXER-UPPER CHALET-STYLE HOME ON A PRETTY LOT
This chalet-style home in the desirable Cherokee Hills subdivision offers excellent potential for buyers looking for a renovation project in a premium location. Just minutes from downtown Johnson City, ETSU, and the medical center, this property requires updates but has good bones and tremendous upside potential. The home features a functional layout with 875 square feet on the base floor and 350 square feet on the upper story. The partially finished basement provides an additional 525 square feet, with 350 square feet of unfinished space offering excellent renovation opportunities and potential for additional living area.
NEIGHBORHOOD BENEFITS
Despite the home's condition, its location in Cherokee Hills Subdivision remains highly desirable, with a stable district trend and no flood risk. The property is in excellent school zones, with Cherokee Elementary just 0.8 miles away, Liberty Bell Middle School 2.2 miles away, and Science Hill High School 2.6 miles away.
INVESTMENT POTENTIAL
With a 2024 total tax appraisal of $218,300 and annual taxes of $1,672.23, this property represents a valuable opportunity for buyers willing to invest in renovations. The home has been under the same ownership since 1991 and now requires comprehensive updates to restore its charm and functionality.
Perfect for contractors, flippers, or homebuyers looking to create their dream home in an excellent location, this property awaits your vision and renovation expertise!
TERMS & CONDITIONS
10% BUYER'S PREMIUM TO BE ADDED TO THE FINAL BID TO DETERMINE THE FINAL CONTRACT PRICE. 10% DOWN AT CONTRACT SIGNING, CLOSING TO BE WITHIN 30 DAYS OF CONTRACT SIGNING. SELLER IS SELLING AS IS WITH NO WARRANTIES EXPRESSED OR IMPLIED. ADDITIONAL TERMS AND CONDITIONS MADE DAY OF SALE. BUILDING WAS BUILT BEFORE 1978 AND LEAD BASED PAINT COULD BE PRESENT. BUYERS HAS THE RIGHT CONDUCT A LEAD BASED PAINT INSPECTION BUT SELLER WILL NOT CURE ANY ISSUES FOUND. SALE IS SUBJECT TO OWNER APPROVAL OF FINAL BID. ANNOUNCEMENTS MADE DAY OF SALE TAKE PRECEDENCE OVER ANY PREVIOUS ADVERTISEMENTS.
Property images
Collins & Co. Realtors And Auctioneers offers complete and comprehensive real estate and auction services. Voted Best Real Estate Agency, Auction Firm, and Realtors by The Johnson Press and The Elizabethton Star Readers' Choice Awards. Come see the difference a professional team of auction and real estate experts can make!
For Additional information, contact us!
Auctioneer: David Collins
P.A.L. #4465
Collins & Company Realtors And Auctioneers
The Tri-Cities' most innovative Auction Firm & Real Estate Agency!
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