Court-Ordered Sale - Single Family Home
Memphis, TN

Online Auction

Auction/Sale Date and Time

  • Bidding Opens3/25/17 @ 5:25 PM ET
  • Bidding Closes3/28/17 @ 3:00 PM ET

Property Location

1485 Sea Isle Road
Memphis, TN 38117

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  • Tranzon Asset Advisors,Tranzon Asset Strategies
  • Tim Mast CAI AARE
  • Tel: 888-791-7307 ext 84
  • Email:


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Property Number


Property Type

Residential Real Estate -
Single Family


    Ordered by the United States District Court, Central District of California, Southern Division, Case # SACV15-00980 in the matter of Capital Cove Bancorp, LLC; Christopher M. Lee aka Rashid K. Khalfani
    • 2BR, 1BA Single Family Home
    • 969sf on 13,667sf Lot
    • Built in 1953

    Online auction begins closing on 3/28 at 3:00 PM ET

    Please do not disturb occupants

Tranzon Asset Advisors, Edward D. Durnil, TN Auctioneer/Broker #4425


Located in East Memphis north of I-240, between S. Perkins Road and Cherry Road

Terms and Conditions

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Tim Mast CAI AARE at 888-791-7307 ext 84 or  All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the FAQ-Frequently Asked Questions.

Buyers Premium: 10% Buyers Premium based on the high bid.
Closing: 30-Day closing, sold in As-Is condition, no contingencies.
Deposit Amount: 10% deposit with a minimum deposit of $2,000 in guaranteed funds.
Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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Tranzon, LLC was formed to bring together independent, regional companies into a national auction and accelerated marketing group. Tranzon's companies combine the benefits of local market knowledge with national resources. All Tranzon companies are independently owned and operated.




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