SOLD | $418,000 | 7530 S Point Road | Knoxville, TN 37920

Date: 05/26/2022

Time: 12:00PM (Noon)

Location: Online Bidding Only

Office: Knoxville

Agent: Kenny Phillips - #2385 | Phillip Hopper - #6709

Online Only Real Estate Auction
7530 S Point Road | Knoxville, TN 37920

Conveniently located South Knoxville ranch style home on +/- 3.88 acre lot

BIDDING BEGINS TO CLOSE:
Thursday, May 26th at 12:00PM (Noon)

OPEN HOUSE:
Tuesday, May 24th from 2-4PM

Click Here for Online Bidding

Brick ranch home located on a beautiful 5 home cul-de-sac

Just off of Gov. John Sevier Highway

Oversized 2-car garage with 8' garage doors

+/- 3.88 acre lot (tax records show the lot size incorrectly, as a portion of the lot of subdivided off)

Home was designed to be handicap accessible, with oversized width hallways and other accessible features

Living room with wood-burning fireplace and bay window

Access from living room to vaulted ceiling sunroom with skylights and wall mounted HVAC unit

Screened-in porch adjoining the sunroom

Large eat-in kitchen with tons of oak cabinets, breakfast bar and desk area

Oversized master suite with 3 closets

Huge master bathroom with L-shaped double sink vanity, garden tub and handicap accessible shower

Master bedroom has doors leading to screened-in porch and massive deck

2 guest bedrooms, both with large closets - shared bathroom (each bedroom has a separate vanity and toilet with shared tub/shower)

Laundry/utility room

Deck has tons of bench seating, gazebo and handicap ramp

Detached storage building

Fenced backyard

Home features 2 water heaters

3
BEDROOMS

2.5
BATHROOMS

2,768
SQUARE FEET

KNOX COUNTY
PARCEL/TAX ID

137  12305

YEARLY
PROPERTY TAXES
(KNOX COUNTY ONLY)

$1,833.80
LOT SIZE
+/- 3.88 acres
YEAR BUILT
1993

Real Estate Terms:
Powell Auction will email winning bidder  your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement. Sale is exempt from TN Residential Property Condition Disclosure.

M&M Title will be conducting the closing.
Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur by June 27th, 2022.

The contract will not be contingent upon financing, inspections or any other contingencies.

Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption will be part of the sales contract. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**

Thank you for participating in this Powell Auction & Realty LLC Online Auction. 
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48-hours after being contacted by Powell Auction & Realty LLC. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.

New Bidders, please Pre-Register, we will have to approve you to Bid!