Auction Of Former Seretean Mansion On Missionary Ridge Delayed Until Dec. 12

Thursday, November 21, 2013

The auction of the former Bud Seretean mansion on five acres on Missionary Ridge has been delayed until Dec. 12 at 6 p.m. at the residence.

It had been set to go up for bid at a live "without reserve" auction today (Thursday).

Officials of New York City-based Concierege Auctions said a number of bidders have expressed interest and that additional time is being given to sign up to participate.

The property is now owned by the Don Brocks.

The home, appraised for $2.4 million, has been sale for a lengthy time at $4.8 million. Dr. Brock, who heads Astec Industries, has built a spectacular new home on the east brow of Lookout Mountain.

The 19,000-square-feet home has seven bedrooms as well as 10 full and three half baths. It includes a 30-foot-high glass ceiling, a heated indoor swimming pool with diving board, a reflecting pond, changing rooms with showers and a built-in gas grill and kitchen area.


Fidelity Trust Remains Bullish On Central Business District; Buying Old Krystal Headquarters On Cherry Street

Fidelity Trust Company has a contract to purchase the old Krystal headquarters at 701 Cherry St., Matt McGauley said. He stated, "We're very bullish on the Central Business District. We already have six buildings there, and this will be our seventh." The three-story business block includes the Cherry Street Diner. The building has 19,000 square feet of space. With the ... (click for more)

Real Estate Transfers For Sept. 4-10

NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding this report, please call Chattanoogan.com at 423 266-2325. GI numbers, listed when street addresses are not available, refer to the location of transactions (book number and page number) ... (click for more)

EPB Says "Close To A Wash" On City Street Light Billing

EPB President Harold DePriest denied Wednesday that EPB owes the city over $1 million on street light billing. He stated,  “EPB has never said that we owe the city $1.2 million. When all the facts are taken into account, the financial difference is close to a wash.” Mr. DePriest said, "I regret that this complicated issue has been oversimplified in some reports. As we’ve ... (click for more)

New Red Bank Zoning Ordinance Is Ready For Review

The new Red Bank zoning ordinance is ready for review, City Manager Randall Smith said Tuesday night. It can be seen on www.redbanktn.gov and the link to zoning regulations. The new ordinance will replace one that was created 30 years ago.    The plan will encompass both residential and commercial development and is intended to direct ... (click for more)

Why So Much For A Rail Study?

From the things that make you go hmm department. Ok, so the feds are giving us $400k and the city is kicking in another $300k for a total of $700k to do a study on having in town rail service. Why so much for a study? Don't get me wrong, I'm totally down with Chattanooga having some passenger trains running around. I get that. It's awesome. We've needed it for a long time. I ... (click for more)

Roy Exum: I’m Certainly No Expert

Sometime on Monday night, after I had written a piece on getting swatted with a switch as a kid, I got an email from ESPN Canada asking if I would be a televised guest on “Off the Record,” the most watched daily sports show in Canada. The subject: corporal punishment in America. Are you kidding me? I am hardly an expert. All weekend my world of sports and its excitement was warped ... (click for more)