This image portrays 8214, 8228 & 8230 Tazewell Pike - Corryton, TN 37721 by Powell Auction & Realty.

Date

Jun 13 2024
Expired!

Time

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

8214, 8228 & 8230 Tazewell Pike – Corryton, TN 37721

ONLINE ONLY REAL ESTATE AUCTION

24.04+/- acres with 2 homes, pond & barns offered in 5 tracts and as a whole

BIDDING BEGINS TO CLOSE:
Thursday, June 13th
at 12:00PM – Noon (ET)

OPEN HOUSE:
Tuesday, June 11th
from 2-4PM (ET)

 
  • 24.04+/- acres offered in 5 tracts with 2 homes, pond and barns
  • Private acreage in the Gibbs/Corryton community
  • Located approx. 1.5 miles past Gibbs Elementary, Middle & High Schools
  • Less than 2 miles from grocery store, local restaurants, bank, gas stations, drug stores, walk-in clinic, car repair shops, and more!
  • Property is currently zoned A – Agriculture
  • 764.22’+/- of road frontage
  • A $1,300.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING ($6,500.00 IF PURCHASED AS A WHOLE)
  • For the property to sell as a whole, the bid price must exceed the total of the individual tracts by 5%
  • PLEASE NOTE: Property to be lightly restricted with no mobile homes permitted

TRACT 1 | 8214 TAZEWELL PIKE – Home, Barn, Pond & 5.30+/- acres

  • Home – Barn – Pond – 5.30+/- acres
  • All-brick ranch style home with attached 1-car garage
  • 3 bedrooms and 2 bathrooms
  • Approx. 1293 SF
  • One owner home built in 1964
  • Newly painted exterior
  • HVAC unit replaced on 2022
  • Roof replaced approx. 6 years ago
  • Fireplace with Buck wood-burning stove
  • Home is currently using a septic system, but sewer is available at the road
  • Hardwood floors throughout and have been covered with carpet 1965
  • Living room, den (or dining room) and kitchen
  • Sits approx. 600′ off of the road, offering a private & serene setting with woods in the back
  • Covered front porch
  • Patio in rear
  • Large area for a garden in the backyard
  • Pull down stairs in the garage for attic access
  • Spring fed pond with creek in the woods behind the home
  • Detached 2-car carport
  • Circa 1946 barn
  • 453.55’+/- of road frontage
  • Portion of current Knox County Parcel/Tax ID: 013  131
  • A $1,300.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING

TRACT 2 | 6.27+/- acres

  • 6.27+/- acres
  • Undeveloped wooded land
  • Private and serene land
  • Spring fed creek in the woods
  • Sewer and water are available at the road
  • 53.25’+/- of road frontage
  • Portion of current Knox County Parcel/Tax ID: 013  131
  • A $1,300.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING

TRACT 3 | 6.30+/- acres

  • 6.30+/- acres
  • Undeveloped wooded land
  • Private and serene land
  • Spring fed creek in the woods
  • Sewer and water are available at the street
  • 21.72’+/- of road frontage
  • Portion of current Knox County Parcel/Tax ID: 013  131
  • A $1,300.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING

TRACT 4 | 8228 TAZEWELL PIKE – Home & 2.56+/- acres

  • Home – 2.56+/- acres
  • Basement ranch style home
  • 4 bedrooms and 2.5 bathrooms
  • Approx. 2252 SF
  • One owner home built in 1984
  • Upstairs master bedroom with full bathroom, walk-in closet, bay window and french doors leading to the large rear deck
  • Open concept living room, dining room and kitchen with french doors to rear deck
  • Entrance foyer
  • Powder room/half bathroom
  • Downstairs features:
    • 3 bedrooms and 1 bathroom
    • Living room with Buck wood-burning stove insert
    • kitchen
    • laundry area
  • New roof in 2023
  • Fireplace with Buck wood-burning stove
  • Home is currently using a septic system, but sewer is available at the road
  • Sits approx. 600′ off of the road, offering a private & serene setting with woods in the back
  • Spring fed creek in the woods behind the home
  • Small concrete basketball court with goal beside driveway
  • 100.19’+/- of road frontage
  • PLEASE NOTE: Interior pictures are from before the current moved into the home approx. 8 years ago
  • Home is currently rented on a month-to-month basis for $1,200 per month – Tenant is planning to move. 60 day notice needed to be given to tenant if new buyer does not wish to continue renting
  • Knox County Parcel/Tax ID: 013  13101
  • A $1,300.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING

TRACT 5 | 8230 TAZEWELL PIKE – 3.61+/- acres

  • 3.61+/- acres
  • Undeveloped land with both a cleared area and wooded area
  • Property has existing septic system and water lines
  • Sewer is available at the road
  • Private and serene land
  • Spring fed creek in the woods at the back of the property
  • 135.51’+/- of road frontage
  • Storage shed on the property does not convey – it belongs to the tenants of 8228 Tazewell Pike
  • Knox County Parcel/Tax ID: 013  133
  • A $1,300.00 SURVEY ORIGINATION FEE WILL BE ADDED TO EACH TRACT TO BE INCLUDED IN THE TOTAL SALES CONTRACT PRICE AND PAID BY THE BUYER AT CLOSING

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. Sale is subject to Seller confirmation. Closing to occur on or before July 15th, 2024.

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!