Downtown Knoxville Condo | 222 N Central Street, Unit 104 – Knoxville, TN 37917

ONLINE ONLY REAL ESTATE AUCTION

Condo in the Old City steps away from the new
multi-use stadium

• Downtown Knoxville condo in the historic White Lily Building
• Be part of the bustling Downtown/Old City life in this awesome condo
• Located steps away from the new multi-use stadium that is currently under construction that will serve as the home of the Smokies baseball team and One Knoxville soccer team
• This approx. 1030 SF unit houses 2 bedrooms and 2 full bathrooms
• Large, open loft style great room with living room, kitchen and dining area
• This main level condo is handicap accessible, with no elevators or steps needed to access the home
• Curbless walk-in shower in one bathroom
• Washer & dryer located in the condo
• This condo is one of a few condos in downtown Knoxville that allows the owner to lease the unit long term or short term
• Features a multitude of charming architectural features that are reminiscent of the building’s storied past, yet offers all of the modern conveniences one could long for
• Secure building entrance with passcode protected doors
• 2 parking spaces are provided in the lot located across the street from the front door
• Walking distance to all that Knoxville’s exciting Old City and vibrant Downtown districts have to offer including: history, culture, sports, dining, dancing, parks, shows, live music, festivals, movies, shopping, entertainment, the University of Tennessee, and more
• Great opportunity to buy and use as a weekend getaway, permanent residence, short term rental, long term rental, or housing for you UT student
• Originally constructed in 1887, the White Lily Building stands as a testament to both Knoxville’s industrial heritage and its ongoing urban revitalization efforts
• This historic building has undergone several transformations over the years, evolving from a bustling flour mill to a modern mixed-use development
• In recent years, Knoxville has experienced a resurgence with a renewed focus on preserving its historic architecture, while embracing modern urban living
• The White Lily Building has played a pivotal role in this revitalization undergoing a transformation that has seen it repurposed into a vibrant mixed-use development, standing as a beacon of Knoxville’s past and future
• The lovingly restored historic facade pays homage to the building’s industrial roots, while its interior has been reimagined to accommodate a diverse array of chic lofts

Knox County Parcel / Tax ID:

094EE01101G

Yearly Property Taxes:

$2,381.57 – total yearly taxes | $1,286.53 – City of Knoxville and $1,095.04 – Knox County

HOA Fee:

$122.00 per month

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.

Concord 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 August 26th, 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!