Group 3 – 7 Knoxville Investment Homes
ONLINE ONLY REAL ESTATE AUCTION
Group 3 of 3 Investment Portfolios to be Sold
Endless opportunities for first home buyers and investors to buy & hold as rentals or renovate and resale
BIDDING BEGINS TO CLOSE:
Friday, November 21st
at 12:00PM – Noon (ET)
2524 Keith Avenue – Knoxville, TN 37921
Approx. 1048 SF with 2 bedrooms & 1.5 bathrooms
Living room & Dining room
Front deck with covered area
The property is currently rented month-to-month for $1,500.00 per month.
Knox County Parcel/Tax ID:
094HK011
Yearly Property Taxes:
$956.15 – Total Yearly Taxes | $555.61 – City of Knoxville and $400.54 – Knox County
Year Built:
1942
Lot Size:
50 x 150 | 0.172 +/- acre
2554 Keith Avenue – Knoxville, TN 37921
Approx. 824 SF Home with 2 Bedrooms & 1 Bathroom
Covered front porch
Rear patio
Living room & Dining room
The property is currently rented month-to-month for $1,300.00 per month.
Knox County Parcel/Tax ID:
094HK004
Yearly Property Taxes:
$816.11 – Total Yearly Taxes | $474.23 – City of Knoxville and $341.88 – Knox County
Year Built:
1937
Lot Size:
50 x 150 | 0.171 +/- acre
2422 Larkwood Lane – Knoxville, TN 37921
Approx. 1248 SF Home with 3 Bedrooms & 1.5 Bathrooms
Covered front porch
Rear deck
Living room & Dining room
The property is currently rented month-to-month for $1,400.00 per month.
Knox County Parcel/Tax ID:
094HJ023
Yearly Property Taxes:
$810.55 – Total Yearly Taxes | $471.00 – City of Knoxville and $339.55 – Knox County
Year Built:
1950
Lot Size:
50 x 146 | 0.168 +/- acre
2627 Larkwood Lane – Knoxville, TN 37921
Approx. 884 SF Home with 2 Bedrooms & 1 Bathroom
Living room
Eat-in kitchen
The property is currently rented month-to-month for $1,300.00 per month.
Knox County Parcel/Tax ID:
0094HP015
Yearly Property Taxes:
$1,012.72– Total Yearly Taxes | $588.48 – City of Knoxville and $424.24 – Knox County
Year Built:
1945
Lot Size:
50 x 144 | 0.165 +/- acre
513 LeConte Lane – Knoxville, TN 37912
Approx. 600 SF Home with 3 Bedrooms & 2 Bathrooms
Living room
Kitchen with adjoining laundry area
The property is currently rented month-to-month for $1,400.00 per month.
Knox County Parcel/Tax ID:
068MA004
Yearly Property Taxes:
$466.49 – Total Yearly Taxes | $271.07 – City of Knoxville and $195.42 – Knox County
Year Built:
1945
Lot Size:
100 x 153 | 0.351 +/- acre
8419 Norris Freeway – Knoxville, TN 37938
Approx. 2356 total SF Basement Ranch Home
Approx. 1289 SF on the Main level and 1067 SF in the Basement
3 bedrooms & 3 bathrooms
Living room
Fenced backyard
The property is currently rented month-to-month for $1,500.00 per month.
Knox County Parcel/Tax ID:
027 229
Yearly Property Taxes:
$277.39 – Total Yearly Taxes – Knox County only
Year Built:
1940
Lot Size:
133 x 214.5 IRR | 0.27 +/- acre
4716 Strawberry Plains Pike – Knoxville, TN 37914
Approx. 1100 SF Home with 2 Bedrooms & 1.5 Bathrooms
Open Living room, Dining room & Kitchen
Septic is permitted for 2 bedrooms – additional room to use as an office
The property is currently rented month-to-month for $1,500.00 per month.
Knox County Parcel/Tax ID:
083NA015
Yearly Property Taxes:
$362.08 – Total Yearly Taxes – Knox County only
Year Built:
1940
Lot Size:
75 x 201.50 IRR | 0.33 +/- 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 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 December 22nd, 2025.
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!
