Organizer

Powell Auction & Realty, LLC
Phone
865-938-3403

Other Organizers

Kenny Phillips | Lic #2385
Phillip Hopper | Lic #6709

Location

Online only

More Info

ONLINE BIDDING

Date

Sep 14 2023
Expired!

Time

BIDDING BEGINS TO CLOSE AT 7:00PM (ET)
7:00 pm

Labels

Completed

SOLD | $452,650 | 5004 Potomac Road – Knoxville, TN 37920

ONLINE ONLY REAL ESTATE AUCTION

 

Basement ranch home in Martha Washington Heights

BIDDING BEGINS TO CLOSE:
Thursday, September 14th
at 7:00PM (ET)

OPEN HOUSE:
Tuesday, September 12th
from 2-4PM (ET)

  • Basement ranch home in desirable Martha Washington Heights
  • Approx 3100 total SF home (1902 SF on main level and 1200 SF in basement) with 3 bedrooms and 2.5 bathrooms
  • Main level features a large formal living room and formal dining room
  • Large eat-in kitchen with quartz counters and pantry
  • Den with wood-burning fireplace and access to lovely screened-in porch with exposed beams and tongue & groove ceiling
  • Deck overlooking private backyard
  • Master bedroom including a full bathroom with walk-in shower
  • 2 guest bedrooms
  • Large guest bathroom with oversized vanity
  • 2 linen/storage closets in hallway and coat closet in foyer
  • Plantation shutters on dining room and living room windows
  • Finished basement includes a large rec room with wood-burning fireplace and half bathroom
  • Large open basement room with large storage closets and windows to exterior
  • LVT flooring in basement
  • Oversized 2-car garage in basement with workshop area and laundry area
  • New HVAC unit installed 08/2023
Knox County Parcel / Tax ID:

122OD016

Yearly Property Taxes:

$1,004.27 – Knox County only

Year Built:

1965

Lot Size:

150 x 149.69 IRR | 0.47+/- 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.

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 October 16th, 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!