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 December 31st, 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!

3108 Atoka Lane � Knoxville, TN 37917 ONLINE ONLY REAL ESTATE AUCTION Charming Single-Level Ranch in North Knoxville BIDDING BEGINS TO CLOSE: Thursday, December 4th at 12:00PM � Noon (ET) OPEN HOUSE: Tuesday, December 2nd from 2:00 � 4:00PM (ET) This inviting ranch home offers approximately 998 square feet of comfortable living space on a spacious 0.434+/- acre level lot. With hardwood floors throughout, this home combines classic appeal with modern convenience. Interior Features: Open living and dining room combination with built-in corner cabinets Well-appointed kitchen featuring maple cabinets Three bedrooms with generous closet space Full bathroom Convenient mudroom/laundry room Welcoming covered front porch Exterior Highlights: One-car attached garage Rear deck and patio�perfect for entertaining Expansive level backyard with plenty of room for recreation or gardening Prime Location: Situated in a convenient North Knoxville neighborhood with easy access to I-40, downtown Knoxville, the University of Tennessee, and West Knoxville. Enjoy everything this vibrant area has to offer while maintaining a peaceful residential setting. PLEASE NOTE: There are signs of previous water intrusion and damage to some of the walls and ceiling in the home. The Seller says they have not been able to find any active water intrusion and had a roofer patch any areas that were causing leaks. Knox County Parcel / Tax ID: 070CB030 Yearly Property Taxes: $800.35 � Total Yearly Taxes | $465.07 � City of Knoxville and $335.28 � Knox County Lot Size: 0.434+/- acre | 100 x 189.50 IRR Year Built: 1943