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

May 18 2023
Expired!

Time

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

Labels

Completed

SOLD | $17,365 | Bankruptcy Real Estate Auction | English Mountain Lots

ONLINE ONLY BANKRUPTCY REAL ESTATE AUCTION

 

Sold by the order of the United States Bankruptcy Court for the Eastern District of Tennessee
Case No. 3:22-bk-30946-SHB

BIDDING BEGINS TO CLOSE:
Thursday, May 18th
at 12:00PM – Noon (ET)

PROPERTY 1 | Clingmans View – Sevierville, TN 37876

English Mtn Sec P, Lot 19

Lot Size: 141.4 x 242.7 IRR

Property Taxes: $6.66/year (Sevier county only)

Parcel/Tax ID: 043L A 024.00

HOA Fee: $50.00 per year

PROPERTY 2 | Buckeye Road – Sevierville, TN 37876

English Mtn Sec 25, Lot 97

Lot Size: 109.69 x 100.3

Property Taxes: $6.66/year (Sevier county only)

Parcel/Tax ID: 043J D 018.00

HOA Fee: $50.00 per year

Road to the property does not appear to be built – we have not been to this property

PROPERTY 3 | Spruce Street – Sevierville, TN 37876

English Mtn Sec 34 Rev, Lot 45

Lot Size: 80 x 150

Property Taxes: $4.44/year (Sevier county only)

Parcel/Tax ID: 054G B 051.00

HOA Fee: $50.00 per year

Road to the property does not appear to be built – we have not been to this property

PROPERTY 4 | Redbud Lane – Sevierville, TN 37876

English Mtn Sec 34 Rev, Lot 100

Lot Size: 90 x 143.52 IRR

Property Taxes: $4.44/year (Sevier county only)

Parcel/Tax ID: 054G C 007.00

HOA Fee: $50.00 per year

Road to the property does not appear to be built – we have not been to this property

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 fifteen percent (15%) 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.

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 on or before June 7th, 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!