Online Only Bidding
8 Fixer Upper Knoxville Properties
Bidding Opens Monday April 13
Bidding Closing April 30 12 Noon (Soft Closing)
Bankruptcy Case 3:20-BK-30118-SHB
CLICK HERE TO BID ONLINE!!
CLICK THIS LINK TO SEE A VIDEO OF HOW TO REGISTER IF YOU NEED ASSISTANCE!
1) 5111 Asheville Hwy single family Resident
Parcel Id 071JE031
Tax appraisal 97,000
Property taxes $1,111.47
Lot 123×205
2) 4728 Holston Drive Single Family Resident
Parcel Id 071OA017
Tax appraisal $47,900.00
Property taxes $549.04
Lot 83 x 398
Demolition Order was entered by City of Knoxville, procures listed under important information at bottom of page
3)Holston Drive Building Lot
Parcel Id 071OA014
Tax appraisal $17,000.00
Property taxes
Lot
4)5100 Wyndcroft Single family Home, 3 Car Garage
Parcel Id 083CB001
Tax appraisal $152,500.00
Property Taxes $1747.32
Lot 180 x 211
Demolition Order was entered by City of Knoxville, procures listed under important information at bottom of page
5) 5206 E Sunset Drive Building Lot
Parcel Id 071NE003
Tax appraisal $ 53,000.00
Property Taxes $607.45
Lot 1.7 Acres
Purchased in tax sale, 2005.
6)5201 Shady Dell Single Family Resident
Parcel Id 071NE035
Tax appraisal $133,800.00
Property taxes $1533.14
Lot 135 x 254
7) 5004 Mcintyre Road Single Family Resident & adjoining Lot
Property Is Occupied Rented 700.00 monthly
Parcel Id 071AJ010
Tax appraisal 44,700
Property Taxes $512.33
Lot 50 x 150
Adjoining Lot
Parcel Id 071AJ011
Tax appraisal $4,800.00
Property Taxes $54.57
Lot 50x 150
8) 2328 Lawson
Parcel Id 082AB016
Tax appraisal $76,000.00
Property taxes $871.12
Lot 150 x 50
BANKRUPTCY REAL ESTATE TERMS: The successful high bidder on this property will be required to sign the Real Estate Purchase Agreement immediately upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the total sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. Bankruptcy Sale is Subject to Court / Trustee Approval. The balance is to be paid in full at deed closing on or before June 30 2020. M & M Title Company to conduct the closing. Property to be transferred with a Trustees Deed ONLY. Seller will provide Trustees Deed ONLY. Title Opinion, Title Insurance, Document Recording & ALL CLOSING COST will be the Responsibility of the Buyer. Trustee will pay any delinquent property taxes.Buyer will be responsible for 2020 property taxes. No Extensions. Buyer is to obtain his/her own financing. The contract will not be contingent upon financing. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS” with no financing, inspection or other contingencies to sale. Auctioneer represents the seller only and does not inspect properties on Bidder’s behalf. All Measurements are from tax records and are approximate and not guaranteed. Buyer to verify ALL information to their satisfaction prior to bidding.
NOTE: warning that demolition orders have been entered by an administrative body to demolish the structures located at 5100 Wyndcroft and 4728 Holston Drive, and that if the buyer of either of these properties wishes to retain the structure, that buyer will be required to work out a plan with the City of Knoxville and will be required to pull appropriate permits from the City of Knoxville within sixty days of taking title to the property, or the structures will be removed by demolition