This image portrays SOLD | $231,550 | 5501 Dandyline Drive - Knoxville, TN 37914 by Powell Auction & Realty.

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

Apr 10 2023
Expired!

Time

BIDDING BEGINS TO CLOSE AT 12:00PM - Noon (ET)
12:00 pm

Labels

Completed

SOLD | $231,550 | 5501 Dandyline Drive – Knoxville, TN 37914

ONLINE ONLY REAL ESTATE AUCTION

 

Handyman special fixer upper home

BIDDING BEGINS TO CLOSE
Monday, April 10th
at 12:00PM – Noon (ET)

OPEN HOUSE
Friday, April 7th
from 2-4PM (ET)

  • Approx. 1530 SF on the main level plus 1530 SF in basement (garage and partially finished space)
  • 3 Bedrooms | 2 Bathrooms
  • Living room with wood burning fireplace
  • Large kitchen with pantry, island, breakfast bar, breakfast room and door leading to covered back porch
  • Dining room
  • Master bedroom with 2 closets, bathroom & walk-in shower
  • 2 guest bedrooms
  • Guest bathroom
  • Laundry room
  • Unfinished basement that is framed to divide into 2 rooms
  • Wood-burning fireplace in basement
  • Laundry/utility room in basement with sink and toilet
  • Large 2-car garage in basement
  • Detached storage building
  • Carport
  • Creek frontage
  • Bridge crossing the creek to a grassy meadow
  • CASH ONLY AUCTION
  • There is damage to the hardwood floors under the LVT flooring and the basement ceiling & walls resulting from a burst water pipe in the kitchen (potential mold issues from the water damage)
  • The power is not turned on to the home and the electrical will need to be completed
  • Central Heat & Air, but there is no idea of the usability of the current system
Year Built:

1959

Knox County Parcel / Tax ID:

071KA010

Yearly Property Taxes:

$1,707.34 (City of Knoxville – $992.11 | Knox County – $715.23)

Lot Size:

0.49+/- acre | 158m x 243 IRR

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. TN Residential Property Condition Exemption and Lead-Base Paint Disclosure waiver to be part of the sales contract.

Tallent Title Group will be conducting the closing.
Current taxes will be prorated at the date of closing, unless specified otherwise. Seller to provide deed. Buyer is responsible for title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Mobile homes are sold WITHOUT TITLE. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur on or before May 10th, 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. **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!