FORECLOSURE REAL ESTATE AUCTION BY ORDER OF SECURED PARTY

June 22, 2023

11:30 Eastern

Thursday, June 15 9:00am - 4:00pm

 

Rob Strickland 865.310.3208 or Chuck Fisher 865.310.3204

Event Information

 

UPDATE: REAL ESTATE AUCTION

4533 PAPERMILL DRIVE, KNOXVILLE, TN 37909

The Lender and Borrower have reached an agreement with a 3rd Party to sell the Real Estate which closed today, June 21, 2023. Therefore, there will be NO AUCTION of the Real Estate.

    • Approximately 4,818 sf
    • 1.02 Acre Lot
    • Former Dental & Oral Surgery Office
    • Built in 2019
    • All Utilities Available
    • Ample Parking
    • Excellent West Knoxville Location

Dental Equipment and Furnishings will be auctioned. See Dental Equipment & Furnishings >  

Samuel J. Furrow | TN PBL #26

REAL ESTATE AUCTION TERMS


  • 10% Buyer’s Premium - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due Sale day in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing. CLOSING MUST OCCUR WITHIN 14 DAYS.

BROKER PARTICIPATION


ESTIMATED REAL ESTATE TAXES


              • According to the Knox County Trustee’s Office and the City of Knoxville Finance Office, the annual real estate taxes for the subject property are as follows:
              • 2021 Knox County Delinquent taxes: $13,242.65 and 2022 Knox County Delinquent taxes: $10,484.50 for a total due of $23,727.15
              • 2022 City of Knoxville: $13,916.55
              • BUYER WILL BE RESPONSIBLE FOR ALL DELINQUENT AND CURRENT TAXES.

DIRECTIONS


From Interstate 40 Papermill Drive Exit, Travel East on Papermill Drive approx. 1.1 miles to property on left, directly across from Pond Gap Elementary. LOOK FOR SIGNS!! Get driving directions >      

Organizers

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