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. Tallent Title Company 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. 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 Disclosure Waiver will be a part of the sales contract. Lead-Based Paint inspection starts February 20,2021.**Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**
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Estate Home Online Only Bidding Closing April 8 12 Noon 5007 Malibu Drive Knoxville Tennessee 37918 Open House April 5 2-4 Pm Selling without Reserve or Minimum 5007MalibuDr-51 Excellent buying opportunity for a home seldomly available in Beverly Acres Subdivision Gorgeous 4BR/3.5BA Home located in one of Fountain City's premier neighborhoods Approx. 2464 SF on main level with approx. 1000 SF basement sitting on +/- 0.63 acre lot Immense natural light in oversized living room and dining room, both with cathedral ceiling and exposed beams Spacious den with gas log fireplace and French doors leading to patio Split bedroom design with 3 bedrooms on one end of house (one guest bedroom with separate bathroom - original master bedroom and 2 additional guest bedrooms) and oversized +/-560 SF master suite on the other end Large patio with pergola - entrances to home from patio at both the dining room and den Basement features 2-car garage, laundry/utility room, 1/2 bathroom with shower stall, storage room and mechanical area Casement windows, central vacuum system, ample storage space New garage doors installed in 2020 Newer dimensional shingle roof - approx. 5 years old Carrier HVAC (gas furnace) installed in 2017 Year Built: 1972 County Taxes only - $1,287.00 per year Lot 167 x 170 x Irr Beverly Acres Subdivision Parcel Id 049HD009