West Knoxville Home – Real Estate Auction

ABSOLUTE ESTATE AUCTION 5415 Lance Drive Knoxville, TN 37909

Thursday, March 30th at 12:00PM

PERSONAL PROPERTY TO BE SOLD ONLINE BIDDING ENDS SUNDAY, APRIL 2ND AT 7:00PM

Selling to settle the estate of Nancy Mayes

Located in Timbercrest Subdivision

Conveniently Located in West Knoxville – right off of Lonas Drive

Approx. 1952 finished SF

Main Level: 1352 SF

Basement: 600 SF

4 Bedrooms & 2.5 Bath

Large eat-in kitchen

Formal dining room

Large living room

Basement with large family room with wood burning stove, bar area, bedroom, bathroom/laundry room, 2-car garage, and ample storage space

Lot Size: 103 x 145.79

Tax Appraisal: $157,200

Total Taxes: $1,987.24

Parcel/Tax ID: 107hj014

Year Built: 1975

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 Closing. 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. Tennessee Residential Property Exemption Notification and Lead-Based Paint Disclosure waiver will be a part of the sales contract. Lead-based paint inspection begins March 1st, 2016.

DIRECTIONS: I-40 to the Papermill/Weisgarber Road exit. Head north on Weisgarber Road to right onto Lonas Drive. Turn left onto Timber Pass to left onto Yosemite Trail. Turn right onto Lance Drive to the property on the left.