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 bid 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 4th, 2027.

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!

ONLINE ONLY ESTATE AUCTION 1507 Highland Avenue, Unit B303 � Knoxville, TN 37916 Prime University of Tennessee Area Condo � Approximately 660 SF � Incredible Investment Opportunity BIDDING BEGINS TO CLOSE: Thursday, December 3rd at 12:00PM � Noon (ET) OPEN HOUSE: Tuesday, December 1st at 12:00PM � Noon (ET) This outstanding buying opportunity places you just 4 blocks from the University of Tennessee in an approximately 660 SF two-bedroom, one-bathroom condo ready to be remodeled and transformed into the perfect college student home or investment property. With hardwood floors throughout, a community swimming pool, and water and sewer included in the HOA dues, this condo offers exceptional value in one of Knoxville�s most consistently in-demand locations. The Condo: - Approximately 660 SF - 2 bedrooms - 1 bathroom - Hardwood floors throughout - Ready for remodeling and personalization � a blank canvas waiting for your vision Community Amenities: - Swimming pool - Grill and pavilion - Onsite laundry - Water and sewer included in HOA dues Location: - Just 4 blocks to the University of Tennessee - Walking distance to campus, dining, entertainment, and everything UT has to offer The Opportunity: Condos within walking distance of the University of Tennessee with hardwood floors, a swimming pool, and water and sewer included in the HOA dues are an exceptional find at any price point. Whether you�re a parent looking for the perfect home base for your college student, an investor seeking a high-demand rental property in one of Knoxville�s most sought-after locations, or a buyer looking to build equity through a strategic renovation, this condo is an incredible opportunity not to be missed. Knox County Parcel / Tax ID: 094NF01001G Yearly Property Taxes: $875.46 � total yearly taxes | $508.72 � City of Knoxville and $366.74 � Knox County Year Built: 1963 HOA Dues: $235.00 per month YOU WILL NEED TO EMAIL PROOF OF FUNDS INFORMATION WHEN YOU REGISTER. THIS CAN BE A BANK LETTER, SCREENSHOT OF ONLINE BANKING/INVESTMENT ACCOUNT/RETIREMENT ACCOUNT, LOAN PRE-APPROVAL LETTER, ETC. PLEASE EMAIL THIS TO phillip@powellauction.com. YOUR REGISTRATION/BID WILL REMAIN PENDING UNTIL WE RECEIVE YOUR PROOF OF FUNDS INFORMATION. PLEASE CALL KENNY OR PHILLIP AT 865-938-3403 WITH ANY QUESTIONS.