SOLD | $587,650 | Tennessee Riverfront | 197 Hart Orchard Road – Kingston, TN 37763

ONLINE ONLY REAL ESTATE AUCTION

Tennessee Riverfront property

• Handyman special/fixer upper special on the Tennessee River
• Approx. 389′ of water frontage and dock – just off of the main channel of the Tennessee River leading to Watts Bar Lake
• 2.65 +/- acre lot
• Basement ranch home
• Approx. 850 SF on main level and 696 SF in basement
• Main level of home is in need of completion
• Basement is finished
• Main level has living room with fireplace, 3 bedrooms and bathroom
• Basement has living room with fireplace, dining room, kitchen, 2 bedrooms and bathroom
• One-car detached garage
• Oversized detached 2-car garage (approx. 40′ x 30′) with workshop space, mechanic’s pit and unfinished upstairs apartments – currently framed for (2) apartments, each with kitchen/living room, bedroom, bathroom, laundry area and separate entrances
• Awesome buying opportunity for a waterfront property!
• All remaining personal property will convey with the property

• A survey origination fee of $800.00 will be added to the sales contract price and to be paid at closing by the buyer.

Roane County Parcel / Tax ID:

080  022.00

Yearly Property Taxes:

$2,001.60 | Roane County only

Year Built:

1960

Lot Size:

2.65 +/- acre waterfront with approx. 389′ of water frontage

SALE CONDUCTED IN CONJUNCTION WITH
Ronnie Colyer Auction & Realty | 423-506-0990

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. Closing to occur on or before June 26th, 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!