1108 W. OUTER DRIVE, OAK RIDGE, TN  37830

Powell Auction & Realty, LLC

 

Date(s) 8/25/2024 - 9/12/2024

THURSDAY SEPTEMBER 12TH AT 12:00 PM (ET)

Past Auction
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 1108 W. OUTER DRIVE, OAK RIDGE, TN 37830
Auctioneer
Type Online-Only Auction
Date(s) 8/25/2024 - 9/12/2024
Auction Date/Time Info
THURSDAY SEPTEMBER 12TH AT 12:00 PM (ET)
Preview Date/Time TUESDAY SEPTEMBER 10TH FROM 2:00 - 4:00 PM (ET)
Checkout Date/Time .
Location
Buyer Premium 10% FEE - BUYERS PAY ONTOP OF BID PRICE
Description
1108 W Outer Drive – Oak Ridge, TN 37830 ONLINE ONLY REAL ESTATE AUCTION One owner basement ranch home in Oak Ridge BIDDING BEGINS TO CLOSE: Thursday, September 12th at 12:00PM – Noon (ET) OPEN HOUSE: Tuesday, September 10th from 2-4PM (ET) Approx. 3284 total SF | 1660 SF – main level and 1624 SF – basement 5 Bedrooms & 3 Bathrooms 2 bedrooms & 2 bathrooms are on the main level and 3 bedrooms & 1 bathroom in basement One owner basement ranch style home in Oak Ridge Tandem single car garage Expansive rear deck running the length of the home overlooking the wooded back yard Large family room with fireplace and double sliding doors leading to the rear deck Kitchen with wood cabinets, skylights and breakfast bar Dining area with sliding door leading to back deck Spacious main level master with en-suite bathroom with walk-in shower and doors to rear deck Guest bedroom and large guest bathroom on main level Basement rec room with fireplace, built-in bookcases and sliding doors leading to lower rear patio Wet bar in basement Electric, gas, water & sewer are available Central air/Heat pump Located in Roane County, but is in the City Limits of Oak Ridge and receives city amenities and schools New flooring and baseboards throughout Freshly painted interior Exterior painted 1 year ago Driveway sealed 1 year ago 30-year dimensional shingle roof is approx. 5-6 years old Gutter Helmet gutters Roane County Parcel / Tax ID: 008M A 005.00 Yearly Property Taxes: $2,537.38 – total yearly taxes | $1,261.49 – City of Oak Ridge and $1,275.89 – Roane County Year Built: 1979 Lot Size: 120.71 x 226.58 IRR | 0.63+/- acre
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. Knoxville 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 October 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!
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