Cave Springs Tract 3 119 Roop Hill Road Sharp's Chapel, Union County TN 37866

$32,700
Property Details

Cave Springs Tract 3 119 Roop Hill Road Sharp's Chapel, Union County TN 37866

Residential
$32,700
Description

Secluded Acreage In Union County Tennessee | CS-TR3-CP

- Sharp's Chapel TN

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 4×4 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:

Approximate Perimeter Overlays And Angled Views: