Knoxville Real Estate Auction

2501 Chillicothe St Knoxville, TN 37921

Live Onsite Auction: Friday, August 24th at 12 NOON

Preview/ Inspection: Tuesday, August 21st 3-5PM

Great Rental or First Time Buyer! Remodel or Flip It!

3 Bedroom, 2 Bathroom Walk In Shower

Living Room with Wood Burning Fireplace

Kitchen with Bar Area

Laundry Room, Wood Flooring

Unfinished Basement with  Fireplace

Lot Size: 50′ x 144′ includes barn, storage building, car port

Central Heat & Air

Roof 3 Year Old

Home built in 1950

Approx. 1,708 sq. ft (Tax Records)

City & County Combined Property Taxes: $998.69

TERMS: The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions, and any other documents needed immediately 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 contract price. US currency cash or approved check. The balance is to be paid in full at deed closing within 30 days. Maryville Title to conduct the closing. Current taxes will be prorated at the date of closing. Seller to provide deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs to be split between the buyer and seller. Buyer is to obtain their own financing. The contract will not be contingent upon financing, inspections or any other contingencies. Powell Auction & Realty, LLC and its auctioneers and employees are representing the sellers as the sellers’ Agents. SOLD WITH ENCROACHMENT ON ADJOINING PROPERTY. 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 and age are approximate and not guaranteed. Seller and/or Agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer to verify ALL information to their satisfaction prior to bidding. Tennessee Residential Property Exemption Notification will be a part of the sales contract. Lead-Based Paint inspection starts August 2nd 2018.