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.

Concord 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 August 26th, 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!

1729 Fair Drive � Knoxville, TN 37918 ONLINE ONLY REAL ESTATE AUCTION Excellent home for generational living or use as a duplex in Fountain City BIDDING BEGINS TO CLOSE: Thursday, July 25th at 12:00PM � Noon (ET) OPEN HOUSE: Tuesday, July 23rd from 2-4PM � Noon (ET) Excellent home for generational living or use as a duplex in Fountain City Cottage style home with stone front Approx. 3210 total SF Main home with 4 bedrooms & 3 full bathrooms, plus an attached apartment with 1 bedroom & 1 bathroom Lovely 0.689+/- acre lot with mature trees Detached 2-car garage Detached �she shed� or workshop Detached storage building Main home with an attached apartment with separate entrance Large rear deck adjoining the main home and apartment Screen-in porch on main home Gleaming hardwoods throughout Office with built-in cabinetry/shelving and gorgeous knotty pine paneling Living room with wood-burning fireplace and built-in hall tree/shelving Large kitchen with white shaker cabinets and open shelving Formal dining room with arched doorway and 2 built-in corner cabinets Large sunroom on the back of the home Master bedroom on main level with en-suite bathroom Laundry/mudroom on main level Full bathroom for guests on main level Upstairs with 2 bedrooms, bathroom and bonus room Apartment includes a full kitchen, breakfast room, living room, bedroom, and bathroom with walk-in shower Knox County Parcel / Tax ID: 058OA033 Yearly Property Taxes: $2,463.18 � total yearly taxes | $1,431.32 � City of Knoxville and $1,031.86 � Knox County Lot Size: 100 x 300 | 0.689 +/- acre