Online Only Auction
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High Bid: 1,250.00 USD
3 Bids
Time Remaining: 32d 8h 8m - Monday 03:34 PM
Soft Close
Shipping Not Available
Date(s)
12/10/2024 - 2/10/2025
AUCTIONEER INFORMATION
Bidding Notice:

We recommend you place your max bid if you cannot attend the auction or watch the auction online.


Information
Lot # 2
Group - Category Real Estate - Residential
Lead Vacant Land Adjacent Parcel to Lot 1
Description
Looking for the perfect location to build your dream home? This 0.22-acre vacant lot on Loy Ln in Anderson County offers a great build site with road frontage and excellent potential. Whether you're planning a primary residence or an investment property, this land provides the space and flexibility to bring your vision to life. A utility easement (10’ wide) runs alongside the property, allowing access to connect to the sewer line. The new owner will need to arrange for sewer hookup through Anderson County Water Authority, making this property ready for development. For sewer estimates and details, contact Anderson County Water Authority directly. Located near Claxton Elementary, Clinton Middle, and Clinton High School, and just a short drive from Knoxville, this lot offers convenience, a peaceful setting, and accessibility to major amenities.
Name The Turner Family Real Estate Auction of Powell, TN
Auctioneer
Type Online-Only Auction
Date(s) 12/10/2024 - 2/10/2025
Auction Date/Time Info
This online only auction will begin to close at 7pm on Monday, February 10th.
Preview Date/Time There will be an open house on Saturday, January 19th at 2pm and Saturday, February 1st at 2pm.
Checkout Date/Time Buyer to pay 10% buyer's premium within 24 hours of auction close. Buyer will have 30 days to close.
Location
Buyer Premium 10% Buyers Premium added to the bid
Description
207 Shipe Rd, Knoxville, TN - Home on 0.53 Acres Discover the potential of this 1,300-square-foot home, nestled on 0.53 acres in Anderson County, TN. Built in 1948, this charming property features 3 bedrooms and 1 bathroom and includes a detached garage, constructed in 1967. The home retains its vintage character with details like an original fireplace, a porcelain drainboard kitchen sink, and metal kitchen cabinets. However, it is in need of significant renovation, with visible cracks, uneven floors, and updates required throughout. This property presents an exciting opportunity for investors or buyers with a vision, ready to restore its former charm or modernize it into a comfortable home. Located within the Claxton Elementary, Clinton Middle, and Clinton High School districts, it’s an ideal location for families looking for proximity to quality schools. Water and sewer services are provided by CUB, ensuring easy access to utilities. This property is perfect for someone looking to take on a rewarding renovation project and create something truly special. A utility easement (10’ wide) runs alongside the property, allowing access to connect to the sewer line for the adjacent property behind the house that is selling as Lot #2 in this auction. The online-only auction begins closing on February 10th at 7:00 PM. Don’t miss your chance to bid on this unique opportunity! Auction Description: Vacant Lot on Loy Ln - 0.22 Acres Looking for the perfect location to build your dream home? This 0.22-acre vacant lot on Loy Ln in Anderson County offers a great build site with road frontage and excellent potential. Whether you're planning a primary residence or an investment property, this land provides the space and flexibility to bring your vision to life. A utility easement (10’ wide) runs alongside the property, allowing access to connect to the sewer line. The new owner will need to arrange for sewer hookup through Anderson County Water Authority, making this property ready for development. For sewer estimates and details, contact Anderson County Water Authority directly. Located near Claxton Elementary, Clinton Middle, and Clinton High School, and just a short drive from Knoxville, this lot offers convenience, a peaceful setting, and accessibility to major amenities. The online-only auction begins closing on February 10th at 7:00 PM. Don’t miss the opportunity to own this prime piece of land and make your dream home a reality!
Auction Terms & Conditions REAL ESTATE TERMS: Welcome to our Auction, we hope you enjoy your experience. Please take a moment and read our terms and conditions. If you have questions regarding these terms, please call our office. If you have a Realtor we are paying a Co-Op if you bring a buyer for this property. This home will be sold subject to the owner's confirmation. By registering in our auction today you agree to our terms & conditions and will be bound by those Terms and Conditions. The successful high bidder on this property will be required to sign a Real Estate Sales Contract, Terms & Conditions, and any other documents needed immediately upon conclusion of the bidding and will make an earnest money deposit of 10% down . A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales contract price. Payment may be made by personal check; cashier's check or cash. The balance is to be paid in full at closing within 30 days. Current taxes will be prorated at the date of closing. Seller will provide the deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs will be paid by the buyer. Buyer is to obtain their own financing. The contract will not be contingent upon financing, inspections or any other contingencies. JD's Realty & Auction and its auctioneers and agents are representing the sellers as the sellers' agents. JD's Realty & Auction gives notice that the auctioneer or agent can bid on behalf of the seller upto the reserve price. 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 and age are approximate and not guaranteed. Seller and or agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer to verify all information to their satisfaction prior to bidding. Tennessee Residential property exemption notification and lead-based paint disclosure will be a part of the sales contract. Bidder understands and agrees that this agreement and all rights of the parties there-under, shall be governed by the laws of the County of Anderson, State of Tennessee and any action brought by either party shall be brought in the Courts of the State of Tennessee. In the event, that for any reason, the forum is deemed to be sufficiently inconvenient or the agreement on the forum selection is unenforceable it is still the intention of the parties that the Laws of the State of Tennessee govern the parties agreement and their rights attended thereto. Buyer agrees that any legal filed action will take place within the county of Anderson, City of Clinton, State of Tennessee. If you are bidding online please note, the auctioneer may without notice, withdraw, extend or rearrange any property, and or item at their sole discretion at any time and will not be liable for any computer, internet or website malfunctions. In an online only auction bids that are placed within the last minute, will cause bidding to automatically extend to prevent bid sniping. Payment must be made within 24 Hours after you are the winning bidder. JD's Realty & Auction will have up to 7 DAYS to provide the Buyer with any documents to be signed after the auction has ended. Lead Based paint- This home was built before 1978. A Lead Based paint disclosure is not required to be provided to the winning bidder. Contact JD's Realty & Auction for appointment.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 250.00 USD
97,500.01 - 9,999,999.99 250.00 USD
Currency USD
Buyer Premium 10% Buyers Premium added to the bid
Payment Terms
Buyer to pay 10% down within 24 hours of auction close. Buyer shall have 30 days to close following the confirmation of sale.
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