MULTI-PROPERTY ESTATE AUCTION - 11 PROPERTIES

Powell Auction & Realty, LLC

 

Date(s) 4/14/2024 - 5/8/2024

WEDNESDAY MAY 8TH @ 12:00 PM NOON (ET)

Online-Only Auction
Shipping Not Available
Bidding Notice:

WE SUGGEST YOU PLACE YOUR MAXIMUM BID AND LET COMPUTER BID FOR YOU, DUE TO INTERNET LAGS. WE ARE NOT RESPONSIBLE FOR ANY COMPUTER MALFUNCTIONS. ALL TIE BIDS GO TO FLOOR.

Auction Information
Name MULTI-PROPERTY ESTATE AUCTION - 11 PROPERTIES
Auctioneer
Type Online-Only Auction
Date(s) 4/14/2024 - 5/8/2024
Auction Date/Time Info
WEDNESDAY MAY 8TH @ 12:00 PM NOON (ET)
Preview Date/Time VIEW AT YOUR LEISURE
Checkout Date/Time .
Location
Buyer Premium 10% FEE - BUYERS PAY ONTOP OF BID PRICE
Description
Multi-property Estate Auction – 11 properties in Anderson, Campbell, Knox & Roane counties ONLINE ONLY REAL ESTATE AUCTION BIDDING BEGINS TO CLOSE: Wednesday, May 8th at 12:00PM – Noon (ET) PROPERTY 1 | 8600 OLD RUTLEDGE PIKE – KNOXVILLE, TN 37924 Former service station on corner lot in East Knox County Approx. 1141 SF building is in rough condition and may or may be worth saving Large corner lot surrounded by new residential development Commercial zoned property ideal for redevelopment ZONING: CA – General Business YEARLY PROPERTY TAXES: $313.91 – Knox County only YEAR BUILT: 1945 LOT SIZE: 0.51+/- acre | 150' x 150' KNOX COUNTY PARCEL TAX ID: 041 282 PROPERTY 2 | 116 KING STREET – CLINTON, TN 37716 Double-wide mobile home and lot in Ben’s Mobile Home Park (Pine Meadows) Located just off of Edgemoor Road in Claxtox with quick access to Clinton Highway and Pellissippi Parkway Home is currently rented; however, the tenant is not current with their rent Approx. 1012 SF home (23' x44') – 2002 model year per tax records YEARLY PROPERTY TAXES: $173.51 – Anderson County only YEAR BUILT: 2002 LOT SIZE: 45' x 77.3' ANDERSON COUNTY PARCEL TAX ID: 096J C 017.00 PROPERTY 3 | OVERLOOK LANE (Parcel ID: 083 030.06) – CLINTON, TN 37716 Vacant land just off of E Wolf Valley Road Approx. 3.15+/- acres Build your dream home or possibly subdivide Adjoins Parcel ID 083P A 016.01 (2.88+/- acres) also being sold YEARLY PROPERTY TAXES: $262.89 – Anderson County only LOT SIZE: 3.15+/- acres ANDERSON COUNTY PARCEL TAX ID: 083 030.06 PROPERTY 4 | OVERLOOK LANE (Parcel ID: 083P A 016.01) – CLINTON, TN 37716 Vacant land just off of E Wolf Valley Road Approx. 2.88+/- acres Build your dream home or possibly subdivide Adjoins Parcel ID 083 030.06 (3.15+/- acres) also being sold YEARLY PROPERTY TAXES: $232.00 – Anderson County only LOT SIZE: 2.88+/- acres ANDERSON COUNTY PARCEL TAX ID: 083P A 016.01 PROPERTY 5 | 127 PORT CIRCLE – HARRIMAN, TN 37748 Waterfront building lot in Anchor Resort subdivision on the Little Emory River – leading to Watts Bar Lake Located on the Little Emory River, which leads to the Emory River and then to Watts Bar Lake (Tennessee River) Cul-de-sac lot Approx. 371' of water frontage Gorgeous views of the water Approx. 2.5+/- acres YEARLY PROPERTY TAXES: $420.00 – Roane County only LOT SIZE: 2.5+/- acres (75M x 505M IRR) ROANE COUNTY PARCEL TAX ID: 019I B 020.00 PROPERTY 6 | 488 ASHE CABIN HOLLOW ROAD – HARRIMAN, TN 37748 44.09+/- acres of wooded land close to I-75 and Midtown Comprised of 2 parcels (046 001.00 and 046 001.05) 1,717’+/- of road frontage Ideal location to build a private estate or use for recreation YEARLY PROPERTY TAXES: $886.80 – Roane County only LOT SIZE: 44.09+/- acres (42.9+/- acres – Parcel ID: 046 001.00 and 1.19+/- acres – Parcel ID: 046 001.05) ROANE COUNTY PARCEL TAX ID: 046 001.00 and 046 001.05 PROPERTY 7 | 3722 HARRIMAN HIGHWAY – HARRIMAN, TN 37748 Approx. 924 SF single-wide on a 1.16+/- acre lot 374’+/- of road frontage Mobile home is older and may or not be worth saving YEARLY PROPERTY TAXES: $114.00 – Roane County only YEAR BUILT: 1978 LOT SIZE: 1.16+/- acre ROANE COUNTY PARCEL TAX ID: 013 013.02 PROPERTY 8 | 4271 HARRIMAN HIGHWAY – HARRIMAN, TN 37748 Approx. 1820 SF home sitting on 10+/- acres Home is currently rented Old single-wide on property that may or may not be worth saving YEARLY PROPERTY TAXES: $625.80 – Roane County only YEAR BUILT: 1952 LOT SIZE: 10+/- acres ROANE COUNTY PARCEL TAX ID: 007 012.00 PROPERTY 9 | 136 SUGAR ROAD – OLIVER SPRINGS, TN 37840 0.71+/- acre with old single-wide that needs to be removed Nice, large concrete driveway YEARLY PROPERTY TAXES: $100.20 – Roane County only LOT SIZE: 36.88' x 285.73' IRR | 0.71+/- acre ROANE COUNTY PARCEL TAX ID: 008 130.02 PROPERTY 10 | 706 GALLAHER ROAD – KINGSTON, TN 37763 Approx. 1600 SF block shop building with attached sheds 0.77+/- acre lot with 349' +/- of Gallaher Road frontage and 150' +/- of frontage on Autumn Lane Quick access to I-40 YEARLY PROPERTY TAXES: $310.25 – Total Yearly Taxes | $111.35 – City of Kingston | $198.90 – Roane County YEAR BUILT: 1956 LOT SIZE: 336.23' x 150.11' IRR | 0.77+/- acre ROANE COUNTY PARCEL TAX ID: 049 061.00 PROPERTY 11 | SHOREWOOD LANE – CARYVILLE, TN 37714 0.63+/- acre interior building lot in Cove Norris subdivision Norris Lake community Seasonal lake views Cove Norris is located across the lake from Twin Cove Marina Private community boat ramp is available YEARLY PROPERTY TAXES: $144.61 – Campbell County only LOT SIZE: 0.63+/- acre | 111.2' x 253.38' IRR CAMPBELL COUNTY PARCEL TAX ID: 127G A 041.00 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. M&M Title Company 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. Sale is subject to court approval. Closing to occur on or before June 7th, 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!
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. M&M Title Company 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. Sale is subject to court approval. Closing to occur on or before June 7th, 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!
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10% FEE - BUYERS PAY ONTOP OF BID PRICE
Payment Terms
10% DOWN
NO SHIPPING
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.