1017 Thompson Place – Knoxville, TN 37917

ONLINE ONLY REAL ESTATE AUCTION

Stunning remodeled historic home in North Knoxville

• ADDITIONAL OPEN HOUSE ADDED – TUESDAY, APRIL 9TH FROM 2:00-4:00PM (ET)
• This beautiful 2-story bungalow has been completely renovated both inside & out
• Approx. 2631 total SF | 1593 SF on main level & 1037 SF upstairs
• Meticulously restored with attention to detail and pride in craftsmanship throughout
• Awesome modern open floor plan on the main level seldom found in older homes
• Gorgeous chef’s kitchen with beautiful shaker cabinets, apron sink, gas stove & quartz counters
• Stunning hardwood floors throughout on both levels – no carpet anywhere
• Main level master suite with trey ceiling and a luxurious en-suite bathroom with double sink vanity and custom walk-in shower
• Guest bedroom on the main level
• Main level guest bathroom with custom tile work
• Upstairs features 3 additional bedrooms, guest bathroom with custom tile work, and a large, oversized bonus room
• Lovely covered front porch with stained wood tongue & groove ceiling
• Large brand new back deck overlooking the fenced backyard with hardscaping and firepit – perfect for entertaining
• Conveniently located historic North Knoxville home, just minutes from downtown Knoxville, the University of Tennessee, I-40, and countless local restaurants

Knox County Parcel / Tax ID:

081LE020

Yearly Property Taxes:

$2,943.93 – Total Yearly Taxes – $1,710.68 – City of Knoxville | $1,233.25 – Knox County

Year Built:

1920

Lot Size:

50.07 x 100 IRR

Real Estate Terms:
Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, 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. By bidding you are entering into a binding agreement.

Stonebridge Title will be conducting 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 company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur on or before May 10th, 2024.

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 Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**

Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. 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. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.

New Bidders, please Pre-Register, we will have to approve you to Bid!