529 Peanut Road – Parrottsville, TN 37843
ONLINE ONLY REAL ESTATE AUCTION
Fixer Upper Ranch Home on 10.65+/- Acres — Approximately 1,456 SF
BIDDING BEGINS TO CLOSE:
Wednesday, June 24th
at 12:00PM – Noon (ET)
OPEN HOUSE:
Monday, June 22nd
from 12:00-1:00PM (ET)
This fixer upper ranch style home offers a comfortable and functional layout on a beautiful lot featuring a large cleared lawn complemented by expansive wooded areas — providing the perfect balance of open space and natural privacy. With approximately 1,456 SF, an attached two-car garage, and a thoughtful open great room floor plan, this home is ready and waiting for its next chapter.
Living Spaces:
The heart of the home is a wonderful open great room featuring a living room with fireplace, a dining area with sliding doors leading to the deck, and a kitchen that flows seamlessly throughout — perfect for everyday living and entertaining. The kitchen features:
- Granite counters
- Bar seating
- Open connection to the dining and living areas
A large mudroom and laundry room with utility sink and pantry closet provides exceptional everyday functionality and easy access from the garage.
Master Suite:
The master suite offers:
- Walk-in closet
- En-suite bathroom with walk-in shower and linen closet
Additional Features:
- Two guest bedrooms
- Guest bathroom
- Linen closet
- Coat closet
- Attached two-car garage
- Deck accessible from the dining area — perfect for outdoor relaxing and entertaining
The Opportunity:
Whether you’re a first-time buyer, a downsizer, or simply someone seeking a comfortable ranch home with generous outdoor space and a great layout, this approximately 1,456 SF property delivers the space, functionality, and natural setting to make it a wonderful place to call home.
Cocke County Parcel / Tax ID:
042 018.01
Yearly Property Taxes:
$995.54 – Cocke County only
Lot Size:
10.65 +/- acres
Year Built:
1992
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.
TBD 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 July 24th, 2026.
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!
