West Knoxville Investment Home

Absolute Auction

Selling to settle estate of Laura Jean Kress

4824 Lonas Road Knoxville Tennessee 37909

Investors* Flippers* Home Owners

Handy Mans Special

Selling Wednesday July 31 12 Noon

Live Auction on Site

Basement Ranch Home approx 2700 sq feet

Main level

3 Bed Rooms, 2 Bath Living Room with Fire Place, Dining Room and eat in Kitchen

Basement Level

Formally had a Kitchen, 2 Bed Rooms, 1 Bath, Laundry, separate house entrance

Large lot 102x 207

Fenced back yard and concrete parking area

Parcel Id 107GC015

Property Taxes 2008.14

 Schools

Elementary  Bearden

Middle          Bearden

High              West

Zillow Value

4824 Lonas Dr

Knoxville, TN 37909

3 beds 2.5 baths 2,854 sqft

REAL ESTATE 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 price. US currency cash or approved check. The balance is to be paid in full at the deed closing within 30 days. M&M Title to conduct the closing. Current taxes will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title closing cost to be split between buyer & seller, unless otherwise specified. Buyer is to obtain his/her own financing. The contract will not be contingent upon financing, inspections or any other contingencies. Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s). 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 & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Disclosure Waiver will be a part of the sales contract. Lead-Based Paint inspection starts July 10, 2019.