Powell Auction

Absolute Auction Yancey Family Partnership

 

 

Yancey Family Partnership and Estate Property Auction

 

Saturday April 14 at 10Am

 

7 Properties

 

Selling from 906 Sevier Ave Knoxville Tennessee

 

Commercial * Residential * Resort Land

 

Most Properties Located in South Waterfront Area

 

Open House Wednesday April 4th, 1-5 PM

 

Sale 1   700 Sevier Ave

 

700 Sevier Ave

 McMurry Building  

 Approx 4100 Square Feet

 Two Story Office Building with Loft apartment

 Office space main level and upstairs

 Lower level Office Approx 2059 square feet, beautiful celling,

Antique wooden and iron panels in main lobby were from the Bank of New Market

 Attached Garage Building with roll up door approx. 820 sq ft

Second story office approx. 1092 Sq feet

Loft apartment approx. 780 sq feet

.30 Acre Lot

Corner of Sevier and Jones Street

Three Heat Systems

Two Electrical Service

Currently used as Law office and rented apartment

Zoning  FD SW-3

Map 95P Group # Parcel 20

Property Taxes 2076.46 

 

Sale 2    906/916 Sevier Ave 

 

 

Approx 37,778 Square Feet

Multi Level office Warehouse

Loading Docks, Roll up Doors

Drive in access

Concrete and Brick Exterior

Three Phase Power

Two Electrical Services

Map 95O Group M Parcel 1, 2

Parcel 1 .16 Acre

Parcel 2 .90 Acre

Zoning FD SW-3

Interior Concrete Ramp

906- Five Rest Rooms

916- One Rest Room four offices and lobby, Hardwood Flooring

Aprox 2500 square feet

Property Taxes 9518.54

Rail Road service tracks behind building

Fenced Vacant lot for extra parking and storage

Torch Down and Built up Roofing 

 

 

 

Sale 3  1004 Sevier Ave

 

 

 

Currently Leased by Everything Mushroom

Approx 10,300 Square Feet

Office Warehouse

Block Construction

Built Up Roof

Three Phase Power

Map 95O Group M Parcel 3

.46 Acre

Gas Heat Central Air

Zoning FD SW-3

Property Taxes 3724.90 

 

Sale 4 Gertrude Ave

2 Vacant Lots

Bordering Rail way and Gertrude Ave

Level Lot

Zoning I-3

Lot 300 x 140 Map 095OM Parcel 11 AND PARCEL 010

Taxes 514.78

 

 

 

Sale 5

 

1124/1130 Sevier Ave

Two Vacant lots Selling Together

Map 097ON004, 005

Zoning  FD SW-3

Sevier ave and Island Home Area

Property Taxes 227.50 

 

Sale 6

 

 

 

2815 Waverly

Rental Home

Located off Western Ave

Frame home

Current income 650.00 Month

Month to Month Lease expired 1/1/2012

2 Bed and 1 Bath Home

Gas Heat Central air

Recent updated 2011 interior Painted, full bath updated 2011

Built in 1940

Lot 50 x 144

Property Taxes 614.55

Map 093DF011

 

 

Sale 7

 

VACANT LOT

 

Luzerne Drive Gatlinburg Tn

Tyrolea Subdivision

View From Lot

Map 137AC003

Lot 76 x 146

Taxes 211.16 

 

Open House Wednesday April 1-5 PM

ALL Auctions Conducted at 906 Sevier Ave Knoxville 

 

Real Estate Terms:

Buyer will be buying with tenants in possession if properties leased.

All Properties sold as is without any warranty to Kind or Conditions.

Sales not subject to financing closing thirty days from auction date no Extensions.

Tennessee Valley Title will be conducting all Closing, buyer to pay for Closing cost, Title report, Recording fees, Survey and title insurance if requested by buyer’s .Seller will furnish deed to property

Buyer to conduct any environment inspection or building inspections need before bidding not limited to Phase 1, home inspections, lead base paint etc., seller has no knowledge of any environmental issues but is selling AS IS without warranty as to such. Bidder is agreeing to accept AS IS. Property will be made available to Bidder for such inspection upon request.

Real Estate Taxes will be prorated as of Closing

10% buyer’s premium will be added to final bid to establish total contract sales price.

10% deposit will be require day of auction with bank letter of Guaranty.

All Properties will be sold From 906 Sevier Ave Knoxville Tennessee

All properties sold subject to easements, restrictions, zoning, or other matters of record recorded or unrecorded.

Sale is not contingent on financing all bidder encouraged to be pre-approved will be signing specific performance sales contract.

Residential property is exempt from Tn Residential property disclosure, Lead base paint inspection period begins March 5 2012.

Personal Property:

Cash day of sale, 10% buyer’s premium, all items sold As IS  

 

All Announcements Day of auction supersede any previous printed material

 

 

South Water Front Links

http://www.knoxmpc.org/zoning/swaterfront.htm

 

 

http://archive.knoxmpc.org/zoning/swaterfront/vision_plan.pdf

 

 

Important Information

• TERMS & CONTRACT
• SURVEY COST
• 700 Sevier Appraisal Summary
• 700 Sevier Ave CRS Bing Map
• 700 Sevier Ave CRS Property Report
• 700 Sevier Survey
• 700 Sevier Tax Map.
• 700 Sevier Title Report
• 906 & 916 Sevier Ave Appraisal Summary
• 906 Survey
• 906/916 Sevier ave CRS Bing Map
• 906/916 Sevier Ave CRS Property Report.
• 906/916 Sevier Ave Tax Map
• 906/916 Sevier Title Report
• 1004 Sevier Title Report
• 1004 Sevier Ave Appraisal Summary
• 1004 Sevier ave CRS Property Report
• 1004 Sevier ave Tax Map.
• 1004 Sevier aveCRS Bing Map
• 1004 Sevier Survey
• Gertrude Ave CRS Bing Map
• Gertrude Ave CRS Property Report.
• Gertrude Ave Survey
• Gertrude Ave Tax Map
• Gertrude Ave Zoning Map
• 1124 Sevier Ave CRS Property Report.
• 1124 Sevier Title Report
• 1130 Sevier Ave CRS Bing Map
• 1130 Sevier Ave CRS Property Report
• 1130 Sevier ave Tax Map
• 1130 Sevier Survey
• 1130 Title Report
• 2815 Waverly Bing Map Image
• 2815 Waverly CRS Property Report.
• 2815 Waverly Tax Map.
• 2815 Waverly Title Report
• Waverly Survey
• Luzerne CRS Property Repor
• Luzerne Dr CRS Bing Map
• Luzerne Dr Tax Map.