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

Pending
Property Details

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

Residential
Pending
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.

Location And Approximate Property Outline:

Video Showing The Drive To The Property:

Survey:

Approximate Perimeter Overlays And Angled Views:

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.

This tract is owned and financed through Country Places, Inc. Country Places offers 100% OWNER FINANCING on nearly all of our properties, nearly always requiring only $600 to cover all closing costs. We will finance a tract of land for up to 30 years with no prepayment penalties. In addition, anything paid over the regular payment will go towards the principal. The interest rate with nothing down starts at 8.5% and can be bought down with a down payment. Optionally, a down payment in increments of 5%, 10%, 15%, and 20% will each lower the interest rate by 1 point, to a maximum low of 4.5%. The lowest rate is 4.5% with at least 20% down. For those who wish to purchase 2 tracts, a 5% down payment is required. We offer this flexible owner financing to make it easier for people to purchase land. We keep our contracts simple and straightforward with no hidden fees. Everything can be done via mail with notarized signatures. Going to the bank for a land loan is often difficult, very time consuming and even with a sizeable down payment the interest rates are often very high. We are here to help you attain your dream of owning a little piece of the country.

  • No Down Payment On Most Properties
  • No Credit Check
  • Low Closing Cost – $600 in nearly all cases
  • Loan Terms up to 30 years
  • No Prepayment Penalties
  • Extra amounts paid are applied to loan principal
  • APR rates as low as 4.5%
  • Fixed interest rates
  • Simple and straightforward contracts
  • No hidden fees
  • All paperwork can be completed via mail or other delivery service with notarized signatures
  • Discounts available for current or prior military service – Thank You!
  • Discounts available for cash purchases

Be sure to ask us about our military and cash purchase discounts!