SOLD | $199,100 | 2059 Upper Middle Creek Road – Sevierville, TN 37876

ONLINE ONLY BANKRUPTCY REAL ESTATE AUCTION

Sold by the order of the United States Bankruptcy Court for the Eastern District of Tennessee at Knoxville – Case No.: 3:22-bk-31514-SHB

• Fixer upper home or redevelopment opportunity in Sevier County
• Approx. 1238 SF home with 952 SF basement
• Living room with fireplace – currently with propane heater
• Large eat-in kitchen
• 2 bedrooms & 1 bathroom on main level
• Upstairs has 2 rooms
  
• Basement has a door leading to outside and features a large open unfinished space, laundry room, bedroom and full bathroom
• Wood-burning stove in basement
• Wraparound porch
• Screened-in porch
• Attached carport
• Large 1.47+/- acre lot
• Minutes from Dollywood, Pigeon Forge, Sevierville, Gatlinburg and all that Sevier County has to offer
• ALL REMAINING PERSONAL PROPERTY WILL CONVEY WITH THE PROPERTY AT CLOSING

Sevier County Parcel / Tax ID:

096  013.00

Yearly Property Taxes:

$468.79 (Sevier County only)

Lot Size:

1.47+/- acres

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 the total 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. By bidding you are entering into a binding agreement. Sale is subject to U.S. Bankruptcy Court confirmation and approval.

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 Trustee’s 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 within 20 days of Bankruptcy Court approval.

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. All remaining personal property to convey with the property 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!