SOLD | $640,750 | Fort Loudoun Lakefront | 12233 Turkey Creek Road – Knoxville, TN 37934

ONLINE ONLY REAL ESTATE AUCTION

Lakefront cottage with boat dock, lakefront lot and lakeview lot with lake access & dock

Located in Turkey Creek of Fort Loudoun Lake

TRACT 1

• Lot Size: 0.471+/- acre
• 180.24′ +/- of road frontage
• Driveway and well on property – lot previously had a house on the lot
• Portion of Current Parcel/Tax ID: 152  055
• Located across the street from the lake
• Beautiful lake views
• Property comes with a deeded easement to access the small boat dock and storage building located on the western end of Tract 2
• Utility water and sewer are available through First Utility District. An easement will potentially be needed. It is the responsibility of the Buyer to pay for any associated costs to connect to water and sewer.

TRACT 2 

• Lakefront lot and cottage with boat dock
• Lot Size: 0.216+/- acre
• 218.06′ +/- of road frontage
• 243.77’+/- of lake frontage
• Approx. 570SF 2-story cottage home
• 1 Bedroom | 1 Bathroom
• One-car attached garage
• Large boat dock with electric boat lift
• Patio area
• Kitchen | Living Room | Den
• Ideal summer retreat or weekend getaway on Fort Loudoun Lake, minutes from shopping, restaurants and all of the amenities that West Knoxville has to offer
• Year Built: 1970
• Portion of Current Parcel/Tax ID: 152  055
• Property comes with a deeded easement to allow Tract 1 to access the small boat dock and storage building located on the western end of the lot
• Utility water and sewer are available through First Utility District. An easement will potentially be needed. It is the responsibility of the Buyer to pay for any associated costs to connect to water and sewer.

TRACT 3 

• 213.26′ +/- of road frontage
• 288.36′ +/- of lake frontage
• Small shed
• Driveway on the property
• Parcel/Tax ID: 152  057
• Utility water and sewer are available through First Utility District. An easement will potentially be needed. It is the responsibility of the Buyer to pay for any associated costs to connect to water and sewer.

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.

Tallent Title Group 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 July 14th, 2023.

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!