Online Only – Absolute Vacant Building Lot Auction

Date: 06/14/2017

Time: 12:00PM

Location: Online Bidding Only

Office: Knoxville

Agent: Kenny Phillips or Phillip Hopper

ONLINE ONLY

ABSOLUTE REAL ESTATE AUCTION

ONLINE BIDDING ONLY BIDDING ENDS: Wednesday, June 14th at 12:00PM

CLICK HERE FOR ONLINE BIDDING


1. Copper Ridge Road Knoxville, TN 37931 Anderson County

Elizabeth Downs Subdivision – Unit 3, Lot 33
Unrestricted lot
Lot Size: 1.01 acres 

Parcel/Tax ID: 108  021.20
Tax Appraisal: $30,200.00
Total Taxes: $210.67


2. 1020 Wooddale Church Road Strawberry Plains, TN 37871 Knox County

Lot Size: 2.33 acres
Parcel/Tax ID: 073  11901
Tax Appraisal: $18,600.00
Total Taxes: $173.00
NOTE: The billboard on the property is not included with this property – it was previously sold.


3. 7500 Hunters Ridge Way Knoxville, TN 37914 Knox County

Hunters Ridge – Unit 2, Lot 22
Located in manufactured home subdivision 
Cul-de-sac lot with paved street
Lot Size: 1.43 acres
Parcel/Tax ID: 085ga018
Tax Appraisal: $24,000.00
Total Taxes: $139.00
HOA: $35.00 (one-time transfer fee) and $10.00 per month
Restrictions are attached in “Important Information” section


4. 5713 Lutie Road Knoxville, TN 37912 Knox County

Black Oak Crest Subdivision, Lot 58
Lot Size: 100 x 217.6 IRR (18,643SF – 0.43 acres)
Parcel/Tax ID: 068DJ002
Tax Appraisal: $56,700.00
Total Taxes: $715.37

PLEASE NOTE: This property was purchased in the 2016 Knox County Property Tax Sale and is not eligible for title insurance.


5. 7424 Oaken Drive Knoxville, TN 37938 Knox County

Midview Est Resub Inc Add Prop Block B, Lot 7R
Lot Size: 142M x 130.8 IRR (12,025SF – 0.28 acres)
Parcel/Tax ID: 028NE020
Tax Appraisal: $16,000.00
Total Taxes: $93.00

PLEASE NOTE: This property was purchased in the 2016 Knox County Property Tax Sale and is not eligible for title insurance.


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. M&M Title to conduct the closings. Current taxes will be prorated at the 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. 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.
ONLINE REAL ESTATE TERMS: Thank you for participating in a Powell Auction & Realty, LLC Online Auction. It is important that you familiarize yourself with the Terms and Conditions of the Sale. If you do not agree with any of the terms and conditions stated, PLEASE DO NOT BID or you will be bound by those Terms and Conditions. Good luck and good bidding. Auctioneer/Employees without notice may withdraw, extend or rearrange any property, and or item at their sole discretion at any time and will not be liable for any computer, internet or website malfunctions. Payment must be made within 24 Hours after being contacted by Powell Auction & Realty, LLC. 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. 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.