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 February 16th, 2026.

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!

3.2+/- Acres with Home Offered in 2 Tracts � 700 Mars Hill Road � Knoxville, TN 37923 ONLINE ONLY REAL ESTATE AUCTION Mid-Century Ranch on 3.204+/- Acres in Prime West Knoxville BIDDING BEGINS TO CLOSE: Thursday, January 15th at 12:00PM � Noon (ET) OPEN HOUSE: Tuesday, January 13th from 2:00 � 4:00PM (ET) This exceptional property located in the city limits of Knoxville offers 3.204+/- acres just off Gallaher View Road, combining convenient West Knoxville access with a private, secluded feel. Offered in two separate tracts with the flexibility to purchase individually or together. Awesome property to build your large dream home on the vacant lot, keep as an estate size property, or build your dream home and keep the current home as a guest home or rental! - Lot 1: 1.392+/- acres 250.69�+/- road frontage Beautiful buildable lot with excellent potential - Lot 2 � Mid-Century All-Brick Basement Ranch: 1.812+/- acres 258.53�+/- road frontage Classic mid-century architecture with timeless appeal Main Level Features: Hardwood floors throughout Open concept dining and living room layout Striking large greystone fireplace dividing living spaces Kitchen with wood cabinets featuring soft-close drawers and doors, plus marble counters Vinyl replacement windows throughout most of the home Updated electrical system Bedrooms & Bathrooms: Master bedroom with en-suite bathroom Spacious guest bedroom Guest bathroom with walk-in shower Convenient laundry room Basement: Unfinished space with abundant potential Single-car garage door entry Plumbed for bathroom Location: Nestled in a sought-after West Knoxville location, this property provides the perfect balance of accessibility and privacy, with room to expand or develop. Current Knox County Parcel / Tax ID: 106PA032 Current Yearly Property Taxes: $2,720.06 � Total Yearly Taxes | $1,580.59 � City of Knoxville and $1,139.47 � Knox County Lot Size: 3.204+/- acres (Lot 1: 1.392+/- acres & Lot 2: 1.812+/- acres) Year Built: 1959