Home with 30 acres in Halls | 7203 Majestic Lane | Knoxville, TN 37918

Date: 10/06/2022

Time: 7:00PM

Location: Online Bidding Only

Office: Knoxville

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

Online Real Estate Auction
7203 Majestic Lane | Knoxville, TN 37918

Beautiful brick 2-story home sitting on
+/- 30 acres in the Halls community

BIDDING BEGINS TO CLOSE
Thursday, October 6th at 7:00PM

OPEN HOUSE:
Tuesday, October 4th from 2-4PM

Click Here for Online Bidding

10% Buyers Premium on House, 15% Buyers Premium on items

5 Bedrooms | 3 Bathrooms

Approx. 4125 Total SF | 1875 SF Main Level | 1500 SF Upstairs | 750 SF Basement

Located just off of Emory Road at the end of a one-street neighborhood, offering convenient access to Emory Road with complete privacy

This beautiful +/- 30.69 acres is mostly fields with a gentle terrain

Properties such as this are becoming harder and harder to find

All-brick 2-story home with large covered front porch overlooking the gorgeous green fields

Beaver Creek frontage on the southern property boundary

MAIN LEVEL FEATURES:
Formal living room | Large kitchen with island & pantry | Open kitchen/dining room combination | Den with tongue & groove wood ceiling and walls | Former den/office on main level with wood-burning fireplace has been converted to a main level bedroom, walk-in tub was added to the 1/2 bath & sink vanity was added to additional bedroom (easy to convert back to original layout) | Original main level bedroom has an adjoining room to be used as an office, sitting room or large walk-in closet | Laminate flooring on main level | Lovely entry foyer | Handicap ramp on rear of home

UPSTAIRS FEATURES:
Master suite with dual walk-in closets, dual vanities, jetted tub & walk-in shower | (2) oversized bedrooms with large closets | Office or smaller bedroom | Guest bathroom | Laundry room | Laminate flooring upstairs with 2 bedrooms with carpet

BASEMENT FEATURES:
Large open rec room | 2-car garage

30' x 30' metal pole barn with doors on each side

Knox County Parcel/Tax ID:
038JA001

Yearly Property Taxes:
$2,112.05

Lot Size:
+/- 30.69 acres

Year Built:
1997

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 November 7th, 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 and Lead-Based Paint Waiver 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 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!