Thursday, March 30, 2017 10:00 AM
Cates Auction & Realty Co., Inc.
I-35 to NE Parvin Road, east to NE Russell Rd., right to Garfield Ave., south to 39th Street, west to address on right.
AUCTION TERMS AND CONDITIONS:
Onsite bidder registration will begin one hour before the auction. Online bidder registration is open now. All bidders must provide a valid driver’s license and current address. Online bidders must also provide a credit card to register. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions.
The successful bidder(s) shall be required to make a 5% non-refundable down payment of the total purchase price immediately following the close of bidding. Cash, cashier’s check or personal/business check will be accepted from onsite bidders. Bank wire will also be accepted from online bidders.
Financing is not a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction.
The successful bidder(s) shall execute a purchase agreement immediately following the close of bidding. All final bid prices are subject to Seller approval, unless announced otherwise.
Buyer(s) shall close within 45 days of the auction date. Possession will be delivered at closing subject to any remaining rights of the current tenant(s), if applicable.
EVIDENCE OF TITLE
Seller shall furnish at seller’s expense an Owner’s Policy of Title Insurance in the amount of the total purchase price and shall execute a general warranty deed conveying the real estate to the buyer(s).
REAL ESTATE TAXES & ASSESSMENTS:
2017 taxes are to be prorated as of the closing date.
EASEMENTS AND LEASES:
Sale of said property is subject to any and all easements of record and any and all leases.
Cates Auction & Realty Co., Inc. and its representatives are Exclusive Agents of the Seller.
A buyer's premium of ten percent (10%) shall be added to the high bid and included in the total purchase price to be paid by the successful bidder(s).
A commission will be paid to any properly licensed Broker who registers a successful buyer according to the appropriate Broker Participation Agreement. This form is available from the Auction Company and must be completed and returned no later than 48 hours prior to the auction.
DISCLAIMERS AND ABSENCE OF WARRANTIES
The information in the auction advertising was obtained from sources believed to be accurate, but is subject to verification by all parties relying on it. All sketches and dimensions are approximate. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All bidders are responsible for conducting their own inspections, investigations, inquiries and due diligence concerning the property. The property is being offered on an “AS IS”, “WHERE IS” basis and no warranty or representations, expressed or implied, is made by the Seller or the auction company. All announcements made by the Auctioneer during the auction take precedence over any previously printed material or any other oral statements made. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement. Advertising may contain pictures of wildlife and other items that are for illustrative purposes only. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). The Property is available for and subject to sale prior to auction.
2BR/1+BA home expanded for extra living and storage space. New plumbing and new attic insulation. Newer roof & HVAC. Brick front w/steel siding. Huge (and scenic!) second lot on the north side with newer 2-car heated garage. Bid your price!
OPEN HOUSE: SUNDAYS, 3/12 & 3/19; 2-4PM
2BR/1+BA home expanded for extra living and storage space. New plumbing and new attic insulation. Newer roof & HVAC. Brick front with steel siding. Huge (and scenic!) second lot to the north with newer 2-car heated garage. Bid your price!
Living Room: 21x10 Triple picture window for lots of light, crown molding, partial paneling, hardwood floor, wide arched entry to dining room.
Dining Room: 13x10 Window to rear, crown molding, partial paneling, built in china hutch, newer center light fixture, hardwood floor. Arched entries to living room, bedrooms and utility room.
Utility Room: 10x8 Lots of built-in storage, window to rear, washer dryer hookups, new flooring. (Original kitchen)
Kitchen:10x9 Oak cabinets, Maytag smooth surface range/double oven, dishwasher, window to rear. Opens to utility room and breakfast room.
Breakfast Room: 11x12 Center ceiling fan, triple window to front. Access to basement and garage.
Garage: LiftMaster door opener, newer garage door, walks out to back yard. (One car)
Bedroom 1: 9x12 Windows to front and side, closet, hardwood floor.
Bedroom 2: 9x12 Windows to side and rear, closet, hardwood floor.
Bath: Single pedestal sink, partially tiled walls, full-size shower with hand-held sprayer and dual seats, tile floor.
Basement: Partially finished on one side, built-in storage, single shower.
Detached Garage: 20x25 Insulated, gas heat, electricity, attic, newer doors.
Note: Original house was expanded by adding a garage with attic, allowing the original garage to be converted to a kitchen and spacious breakfast room. The original kitchen was converted to a handy utility/laundry room with lots of storage.
- Arched entries
- Original hardwoods and woodwork
- New attic insulation
- Plumbing replaced (2013)
- Newer roof (2012)
- Newer Trane HVAC (2009)
- Brick front w/steel siding
- Fenced yard - main lot + .5 acre lot to rear
- One-year home warranty
Additional Property Features:
- Additional .5 acre lot with mature trees, fencing, 15’ double gated entry off Euclid Avenue
- Storage shed with electricity. On concrete pad with concrete path from front drive
- Two-car detached garage with newer dual garage doors and gas heat.
- Quiet neighborhood close to I-35 & NKC Hospital
Per the published auction terms, this property is available for sale prior to the auction. To qualify, all pre-auction offers must meet all auction terms and be submitted on the provided Cates Real Estate Sale Contract along with the required deposit. All qualifying offers will be presented to the Seller for a timely response. Please contact our office for assistance if needed.
Disclosure: This property is under continuous video surveillance.