568 GLEN ABBEY BOULEVARD, KNOXVILLE, TN  37934

Powell Auction & Realty, LLC

 

Date(s) 11/25/2024 - 12/18/2024

WEDNESDAY DECEMBR 18TH AT 12:00 PM NOON (ET)

Online-Only Auction
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Bidding Notice:

WE SUGGEST YOU PLACE YOUR MAXIMUM BID AND LET COMPUTER BID FOR YOU, DUE TO INTERNET LAGS. WE ARE NOT RESPONSIBLE FOR ANY COMPUTER MALFUNCTIONS. ALL TIE BIDS GO TO FLOOR.

Auction Information
Name 568 GLEN ABBEY BOULEVARD, KNOXVILLE, TN 37934
Auctioneer
Type Online-Only Auction
Date(s) 11/25/2024 - 12/18/2024
Auction Date/Time Info
WEDNESDAY DECEMBR 18TH AT 12:00 PM NOON (ET)
Preview Date/Time MONDAY DECEMBER 16TH FROM 2:00 - 4:00
Checkout Date/Time .
Location
Buyer Premium 10% FEE - BUYERS PAY ONTOP OF BID PRICE
Description
568 Glen Abbey Boulevard – Knoxville, TN 37934 ONLINE ONLY REAL ESTATE AUCTION Stunning All-Brick Estate in Prestigious Farragut Location BIDDING BEGINS TO CLOSE: Wednesday, December 18th at 12:00PM – Noon (ET) OPEN HOUSE: Monday, December 16th from 2:00-4:00PM (ET) 1234Next Discover endless potential in this gracious 3,350 SF brick home nestled in the sought-after Manor at Glen Abbey subdivision in a prime Farragut location. Built in 2003, this executive residence offers the perfect blend of elegant living spaces and modern convenience, all while waiting for your personal touch to restore it to its former glory. Main Level Highlights Dramatic 2-story great room featuring a cozy gas fireplace Luxurious master suite with trey ceiling and spa-like en-suite bathroom Double vanity, walk-in bathtub, and separate shower Generous walk-in closet, linen closet, and private water closet Additional guest bedroom and full bathroom Formal dining room showcasing refined details: Classic wainscoting and chair rail Crown molding and elegant arched entry Spacious kitchen with pantry Bright breakfast area with deck access Convenient main-level laundry Upper Level Features 3 additional bedrooms Full bathroom Expansive bonus room Walk-in floored attic for abundant storage Property Details Approximately 3,350 total square feet 1,800 SF main level 1,556 SF upper level 5 bedrooms | 3 full bathrooms Gleaming hardwood floors throughout most of main level Immense natural lighting throughout the home Side-entry 3-car garage with double and single doors Multiple storage and linen closets Grand entrance foyer Private cul-de-sac location Secluded backyard retreat adjoining large common area This all-brick Farragut gem awaits your vision to transform it into your dream home. While some TLC is needed, the bones of this residence are exceptional, offering an incredible opportunity to create your perfect space in one of Farragut’s most desirable neighborhoods. Union County Parcel / Tax ID: 078 119.15 Yearly Property Taxes: $1,493.80 – total yearly taxes – Union County only Year Built: 2007 Lot Size: 45.69 x 121.97 IRR | 0.30+/- acres HOA Dues: $230.00 per quarter
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 January 6, 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!
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10% FEE - BUYERS PAY ONTOP OF BID PRICE
Payment Terms
10% DOWN
NO SHIPPING