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08.19.17 - ABSOLUTE REAL ESTATE AUCTION - OVER 7 ACRES

Dates & Times (US/Eastern)

In-person:
Sat, Aug 19, 2017 10:00 am - 5:00 pm

Sale Address

Sale Description

Absolute Real Estate Auction - Over 7 acres in Knox County with brick home, duplex & large barn
Date: 08/19/2017
Time: 10:00AM
Location: 10045 Rutledge Pike - Corryton, TN 37721

Saturday, August 19th at 10:00AM
Live Onsite Absolute Real Estate Auction
10045 Rutledge Pike
Corryton, TN 37721
Selling to the highest bidder regardless of price!
7.73 acres - Brick Home - Duplex, Large Barn - Offered in 3 tracts
Lot 1:
1.65 acre of vacant land with pond
Lot 3:
Total land of 4.72 acres with Basement Ranch Home that features:
4 bedrooms & 3 bathrooms
Laminate flooring
Kitchen with tile flooring
Large open living room & dining room
Basement with wood-burning fireplace, living room, full kitchen, bedroom, bathroom, and storage rooms
Dimensional shingle roof was installed in 2010
Trane split unit HVAC was installed in 2016
Detached 24' x 40' garage
2 detached outbuildings
Very large, 2-story barn (has concrete floor on one portion)
Lot 4:
Total land of 1.36 acres with duplex home
2 separate electric meters
Upstairs features:
2 bedrooms & 1 bathroom
Kitchen with laundry area
In need of flooring and finishing the kitchen
Downstairs features:
2 bedrooms & 1 bathroom
Kitchen with laundry area

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. NOTE: Buyer(s) to sign a Declaration of Joint, Permanent Easement & Maintenance Agreement. 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 August 1st, 2017.

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