Online Only Estate Auction – Clinton, TN Waterfront Home

Date: 07/08/2021

Time: 7:00PM

Location: Online Bidding Only

Office: Knoxville

Agent: Kenny Phillips #2385

Online Only Estate Auction Clinton, TN Waterfront Home

BIDDING STARTS CLOSING: Thursday, July 8th at 7:00PM

111 Seneca Lane | Clinton, TN 37716

OPEN HOUSE: Tuesday, July 6th from 1-5PM

Anderson County

Waterfront Clinch River Home located in Iroquois Way Estates Subdivision

Gorgeous home situated on 0.54 acre waterfront lot with endless possibilities

1 1/2 story home was built in 1997 and meticulously maintained by Engineer owner

This home is a car lover's dream - features a huge, climate controlled garage with
3 garage doors and large workshop area, plus another full-size garage door opening to the backyard and large covered patio

Large covered porch overlooking the backyard and Clinch River

The home is currently setup as a 1-bedroom, 1-bath home, with open living room

Living room showcases a 2-story tall stack stone fireplace, large built-in bookcases, and immense natural lighting

3-Ton HVAC unit to the main house was installed in 2015 (10 year warranty on all parts and 20 year warranty on heat exchanger)

Roof was installed in 2017

New blinds, recessed lighting and smoke detectors installed in 2020

Leafguard Gutters installed in 2017

New shower and kitchen faucet installed in 2020

All HVAC ductwork cleaned by Stanley Steamer in 2020

Utility Providers:
- Clinch Utility Board (CUB) - Water and Electric
- Powell-Clinch Utility District (PCUD) - Natural Gas

Parcel/Tax ID: 088C D 010.00 000

Tax Appraisal: $273,400.00

Property Taxes: $1,796.85 per year (County only)

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 company 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.

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 *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 Hrs 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!