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Knoxville Lake front, Sold for $265,000 |
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Watch this Listing
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Listing ID: 113385 |
Status: Ended
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Current Bid: |
$202,000 | |
Number of Bids: |
33 Bid History | |
High Bidder: |
Ralph |
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Bidding Opens: |
May 29, 2010 8:40 AM |
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Bidding Ends: |
Jul 09, 2010 12:00 PM
(Central)
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Starting Bid: |
$100,000 |
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Contact: |
TN Auction Online Administrator |
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--- PLACE YOUR MAXIMUM BID --- |
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The live auction is this Saturday at the property location, the house will be offered at auction first and personal property afterwards. We will open the bidding with the Internet bid. Live auction begins at 12Noon, Hope you win the bid.
Great buy on Fort Loudon Lake, buy below tax appraisal, his lost is your gain. Get to this home by land, water or by air and start enjoying living in Tennessee on the water. Located in Knoxville, TN on beautiful Ft Loudon Lake with appx. 247 feet of shoreline, on a secluded level lot that has appx. 1.85 acres of land for enjoy living at it's best. This property is adjacent to Ijam’s Nature Park and only minutes from an Island Home Airport, UT Campus and downtown Knoxville. This beautiful custom home has over 4,300 sq.fin. ft. with it's 5 bedroom and 4 full baths with multiple whirlpool tubs and marble tile floor in baths. Master suite on the main level, natural colors throughout, open floor plan , this home is in immaculate condition ready to move into. Extra large kitchen with custom cabinets, walk in pantry, dining area w/ bay window overlooking the lake. Basement area is finished with exercise room/den area, workshop/tool room with tons of storage space. Plus 2 car garage for all the outside toys and equipment. Lots of deck and patio areas for entertaining and enjoying life on the water. Truly a must see, words cannot describe this home. Please check out the photos for a hint of this once in a lifetime opportunity to own a piece of TN living on the lake. This property is secluded and private on a dead end road but easy access to the interstate. You can dock your boat in a protect cove or keep your plane close by at the airport or ride your bike in the park. Enjoy the good life on the water with everything you could ask for in a home.
Personal property will be sold separately after the real estate. Completely rebuilt baby grand piano, dining room table and chairs, living room, bedroom furniture, and lots more. |
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| Ralph | $202,000 |
Wed - Jul 07, 2010 05:48:12 PM
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Auto-Bid
| | Matt | $201,000 |
Wed - Jul 07, 2010 05:48:12 PM
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| | Ralph | $200,000 |
Mon - Jul 05, 2010 10:45:07 AM
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Auto-Bid
| | chris | $200,000 |
Mon - Jul 05, 2010 10:45:07 AM
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| | Ralph | $176,000 |
Mon - Jul 05, 2010 10:44:46 AM
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Auto-Bid
| | chris | $175,000 |
Mon - Jul 05, 2010 10:44:46 AM
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| | Ralph | $155,000 |
Mon - Jul 05, 2010 10:44:20 AM
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Auto-Bid
| | chris | $154,000 |
Mon - Jul 05, 2010 10:44:20 AM
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| | Ralph | $153,000 |
Mon - Jul 05, 2010 10:43:23 AM
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Auto-Bid
| | chris | $152,000 |
Mon - Jul 05, 2010 10:43:23 AM
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| | Ralph | $151,000 |
Mon - Jul 05, 2010 10:43:13 AM
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Auto-Bid
| | chris | $150,000 |
Mon - Jul 05, 2010 10:43:13 AM
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| | Ralph | $141,000 |
Mon - Jul 05, 2010 10:42:55 AM
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Auto-Bid
| | chris | $140,000 |
Mon - Jul 05, 2010 10:42:55 AM
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| | Ralph | $139,000 |
Mon - Jul 05, 2010 10:42:48 AM
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Auto-Bid
| | chris | $138,000 |
Mon - Jul 05, 2010 10:42:48 AM
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| | Ralph | $137,000 |
Mon - Jul 05, 2010 10:42:38 AM
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Auto-Bid
| | chris | $136,000 |
Mon - Jul 05, 2010 10:42:38 AM
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| | Ralph | $135,000 |
Mon - Jul 05, 2010 10:42:30 AM
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Auto-Bid
| | chris | $134,000 |
Mon - Jul 05, 2010 10:42:30 AM
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Question: Couple of questions plz:
1. Has the property ever flooded?
2. Is the house in a flood zone?
3. How high is property to river?
4. Airport noise?
5. Approx insurance costs; taxes?
6. Why on the market?
thanks
Answer: The property, at lease the house location, is far above the flood plain, I will be including an appraisal as soon as it is completed and it will include a flood map. The house is approximant 40 maybe 50 feet above the lake. The airport on the other side of the lake is a small plane airport; they make less noise than a lawn mower. The insures cost would be based on how much you insurance it for and you credit rating, the tax appraisal on the house struckure only is about $300,000.00, the total tax appraisal is $439,000.00 So you can relate that to your insurance agent. The property taxes are $5,295.98 that included city and county see the attached tax card. The owner built this for his son to go to UT, the son was going to live here and so on. Things didn’t work out, so know he wants rid of it.
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Question: what high school district is this?
Answer: School Zones (last updated: 5/27/2009) Details ?
Elementary: DOGWOOD ELEMENTARY
Middle: SOUTH-DOYLE MIDDLE
High: SOUTH-DOYLE HIGH
Please contact Knox County Schools Transportation and Zoning
Department at 594-1550 if you have questions.
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Question: is there a reserve on this property?
Answer: There is not a reserve on this sale. However, the seller has the right to say yes or no to the sale. The property has been empty for over a year and he wants it sold. He know it not going to bring tax appraisal,
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- To bid on our property, you must be of legal age to enter into contract to purchase real estate (18 in most states, 21 in others). If you're in doubt about the legal age to enter into contract in your state, please consult with competent legal counsel before bidding.
- Winning bid is subject to seller approval.
- Buyers Agent commission of 20% of the gross Commission is being paid.
- All bids are placed in US Dollars.
- If you are outbid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire.
- The bidding will be open and everyone will have access to the bid history during the auction.
- As the auction nears the ending time it will auto-extend until bidding is silent for 1 minute.
- If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
- The high bidder will be notified via email after the auction ends.
- Seller reserves the right to postpone or cancel this auction at any time for any reason.
- Sale is “as-is”, "where-is". Seller will not fix anything.
- Within 1 day of auction close, winning bidder will be asked to obtain loan pre-approval or show proof of funds and sign a sales contract at the winning bid amount and based on the terms described here.
- Closing will take place at seller's and winning bidder's agreed upon title company within 30 days of signing the contract.
- When contract is signed, winning bidder will pay 10% buyers premium as earnest money to be held by the Auction company handling the closing.
- Winning bidder may, at their option and expense order a title examination and insurance.
- Seller will include the following personal property in the sale: None
- Seller will exclude the following real property from the sale: None
- Tennessee License number is 2447.
- The final bidding will be live at the property, your bid will be submitted in the normal coarse of bidding, phone bids will be excepted at the live auction. Send us a email or call us if you want a call back. However if no bids come in above you internet bid, you will be the winner and contract will be sent to you.
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This fee is added to the winning bid amount and is paid by the Buyer. High Bid + Buyer Premium = Selling Price. |
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