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Dates & Times (US/Eastern)

Bidding ends:
Tue, September 26, 2017 12:00PM

Sale Address

Sale Description

ONLINE ONLY ABSOLUTE AUCTION

BIDDING ENDS: Tuesday, September 26###sup/sup### at 12:00PM

3 KNOXVILLE INVESTMENT PROPERTIES SELLING TO THE HIGHEST BIDDER REGARDLESS OF PRICE

1127 Texas Avenue Knoxville, TN 37921

3 Bedrooms & 1 Bath

Approx. 1102 SF

Currently Rented for $567.00 per month

Year Built: 1920

Lot Size: 50 x 144

Parcel/Tax ID: 089ic012

Tax Appraisal: $40,000.00

Total Taxes: $504.57

2707 Selma Avenue Knoxville, TN 37914

2 Bedrooms & 1 Bath

Approx. 1231 SF

Currently Rented for $490.00 per month

Year Built: 1935

Lot Size: 50 x 150

Parcel/Tax ID: 082kp030

Tax Appraisal: $32,000.00

Total Taxes: $404.06

1621 Wilder Place Knoxville, TN 37915

2 Bedrooms & 1 Bath

Approx. 756 SF

Currently Rented for $475.00 per month

Year Built: 1940

Lot Size: 50 x 135

Parcel/Tax ID: 095fg007

Tax Appraisal: $25,700.00

Total Taxes: $324.13

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 contract price. US currency cash or approved check. The balance is to be paid in full at deed closing within 30 days. Maryville 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 Exemption will be a part of the sales contract.

ONLINE REAL ESTATE TERMS: Thank you for participating in a Powell Auction & Realty, LLC Online Auction. It is important that you familiarize yourself with the Terms and Conditions of the Sale. If you do not agree with any of the terms and conditions stated, PLEASE DO NOT BID or you will be bound by those Terms and Conditions. Good luck and good bidding. Auctioneer/Employees without notice may withdraw, extend or rearrange any property, and or item at their sole discretion at any time and will not be liable for any computer, internet or website malfunctions. If bids are placed within the last minute, bidding will automatically extend to prevent bid sniping.Payment must be made within 24 Hours after being contacted by Powell Auction & Realty, LLC. 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. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS” with no financing, inspection or other contingencies to sale. Auctioneer 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.

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