5913 Wassman Road – Knoxville, TN 37912
ONLINE ONLY REAL ESTATE AUCTION
Spacious Ranch Style Home on Private Fountain City Lot
BIDDING BEGINS TO CLOSE:
Wednesday, April 15th
at 12:00PM – Noon (ET)
OPEN HOUSE:
Monday, April 13th
from 2:00-4:00PM (ET)
This substantial single-level ranch home offers approximately 2,624 square feet with 3 bedrooms and 2.5 bathrooms on a private-feeling lot in desirable Fountain City. Featuring beautiful hardwood floors throughout, newer vinyl replacement windows, and thoughtful updates, this home combines classic charm with modern convenience.
Entry & Living Spaces:
- Large covered front porch
- Entrance foyer with coat closet and 15-light French doors separating foyer from family room
- Expansive living room with abundant natural light and partially separated dining room
- Huge family room featuring large windows, French doors to screened porch, and stunning stone fireplace with gas insert and solid wood mantle
- Charming screened porch with cathedral ceiling
Kitchen & Laundry:
- Exceptional eat-in kitchen with island featuring bar seating and in-island gas range with overhead vent hood
- Extensive cabinetry and three closets for pantry and storage space
- Spacious eat-in area with plentiful windows and natural light
- Oversized laundry room off kitchen with mop sink and two closets
Bedrooms & Bathrooms:
- Master bedroom with large en-suite bathroom featuring tile flooring, ample storage, walk-in shower, and generous walk-in closet
- Two well-proportioned guest bedrooms, both with walk-in closets
- Jack-and-jill bathroom with tile flooring and door to separate tub/toilet area from vanity
- Half bathroom/powder room
- Hallway linen closet
Additional Features:
- Two-car attached garage with separate workshop area
- Two 50-gallon water heaters with recirculation pump
- Novo water softener system
This well-maintained home offers exceptional space, storage, and functionality in a peaceful Fountain City setting.
Knox County Parcel / Tax ID:
057LB023
Yearly Property Taxes:
$2,563.33 – total yearly taxes | $1,489.52 – City of Knoxville and $1,073.81 – Knox County
Lot Size:
0.919 +/- acres | 149.6 x 272.4 IRR
Year Built:
1976
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 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 May 15th, 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!
