Online Only Real Estate Auction – Building lot in The River Club Subdivision

Date: 04/12/2017

Time: 7:00PM

Location: ONLINE BIDDING ONLY - Captains Way - Knoxville, TN 37922

Office: Knoxville

Agent: Kenny Phillips or Phillip Hopper

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Building lot in The River Club Subdivision 

Captains Way – Lot 31R Knoxville, TN 37922

ONLINE BIDDING ONLY – Sold subject to Court Confirmation

BIDDING ENDS: Wednesday, April 12th at 7:00PM


Estate sized corner lot in exclusive luxury neighborhood

Gated community with club house, community marina, lake access, swimming pool, and tennis courts

Tax Appraisal: $120,000

Total Taxes: $696.00

Lot Size: 1.02 acres

HOA Fee: $3,500.00 per year

Parcel/Tax ID: 166aa031

DIRECTIONS: From I-40 take the Papermill/Northshore exit. Head south on Northshore for approx. 5.5 miles. Turn left onto Tooles Bend Road for approx. 2.5 miles. Turn left into The River Club Subdivision on River Club Way. Turn right onto Charter Oak Way, to the property at the corner of Charter Oak and Captains Way.
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 of court confirmation. Maryville Title to conduct the 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.