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GONE! Absolute 10 Acre Country Retreat Auction – Sells Regardless of Price!

Private 10 Acre Estate with Stately 6100 Sq. Ft. Residence (Fixer Upper) Overlooking 4-Acre Picturesque Shared Lake – 100% of Seller Proceeds to Benefit 3 KC Charities!


Conveniently located between Blue Springs & Lee’s Summit, 2 miles north of Lake Lotawana in the Lee’s Summit School District, this property offers close-in country living with all the amenities of the city.  Come & bid your price!

LIVE ON-SITE AUCTION WITH ONLINE BIDDING
Began: 04/24/15 at 1:00 PM CDT
Location: 8604 S. Shrout Road, Grain Valley, MO 64029
INSPECTION
Began: 04/12/15 at 2:00 PM CDT
Ended: 04/12/15 at 4:00 PM CDT
Location: 8604 S. Shrout Road, Grain Valley, MO 64029

INSPECTION
Began: 04/19/15 at 2:00 PM CDT
Ended: 04/19/15 at 4:00 PM CDT
Location: 8604 S. Shrout Road, Grain Valley, MO 64029


 

The Home

 

The stately colonial estate home is in need of updating and structural repairs, but boasts 6100 square feet of above grade finished living area, 5 bedrooms, 7 baths and offers lovely views in every direction.

 

Central to the main level is a stunning 1200 sq. ft, 2-story great room with a vaulted ceiling, a striking floor-to-ceiling stone fireplace, and access to a beautiful portico courtyard. Also on the main level are a formal living room and dining room, large eat-in-kitchen with tiled floors, study with built-in bookcases, and a handy mud room. The master suite includes a sitting room and updated bath with whirlpool tub.

The open upper level overlooks the great room and features a second master or guest suite with full bath and private balcony overlooking the back courtyard. Three additional bedrooms (one with a balcony), 2 full baths, loft area, and a bonus room complete the upper floor.

The spacious finished basement adds even more finished living area. The large recreation room has a full service bar, built-in bookcases, and a brick fireplace. The lower level also offers a summer kitchen, full bath, half bath, cedar closet and lots of additional storage.

The attached three-car garage provides plenty of space for your vehicles as well as storage. The detached two-story outbuilding with garage allows space for another car or truck, lawn equipment and more!

 

The Acreage

This picturesque and private setting features 10 acres m/l of rolling hills with mature trees, tree lined drive, nice landscaping, 4-acre shared, stocked lake and wildlife.

 

The Location

Conveniently located between Blue Springs and Lee’s Summit approx. 2 miles north of Lake Lotawana in unincorporated Jackson County, this property offers close-in country living, all the amenities of the city and Lee’s Summit Schools.

 

Auctioneer’s Note

Don’t miss the opportunity to buy this unique country estate at Auction Prices!  Be sure to view the property at one of the upcoming open houses, read the property information package and associated disclosures, attend the onsite/online auction on April 24th at 1:00 p.m. and bid your price!  We look forward to your participation in the auction.  If you have any questions don’t hesitate to ask.

Sincerely,

Jeffrey D. Cates

President & Chief Auctioneer

 

Property Features:

6100 sq. ft. finished above grade

5 Bedrooms, 7 Baths

1200 sq. ft. great room

Finished basement

New Corning 25 year roof (est. 2007)

New guttering (est. 2007)

New carpet (est. 2007)

Pella windows with internal blinds

Zoned HVAC

Central vacuum

Security system

10 Acres m/l

Outbuilding

4-Acre shared lake m/l

 

100% of Seller Proceeds to Benefit 3 Local Charities!

Camp Quality
Camp Quality is a summer camping experience and year-round support program for children with cancer.
http://www.campqualityusa.org/nwmo/
 

 

Raytown Educational Foundation
Established in 1992, the Raytown Educational Foundation is an independent nonprofit organization providing grants, scholarships, programs and recognition to students and staff in Raytown Quality Schools.
http://www.raytowneducationalfoundation.org/ 

 

Midwest Animal ResQ
A federal non-profit located in the greater Kansas City area, dedicated to saving as many companion animals as possible, whether they are abandoned, or at risk of being euthanized in City and Rural Shelters.
http://midwestanimalresq.org/ 

AUCTION TERMS AND CONDITIONS:

 

REGISTRATION:

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.

 

DOWN PAYMENT:

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:

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.

 

CONTRACT SIGNING:

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.

 

CLOSING:

Buyer(s) shall close within 30 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:

2015 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.

 

AGENCY:

Cates Auction & Realty Co., Inc. and its representatives are Exclusive Agents of the Seller.

 

BUYER’S PREMIUM:

A buyer’s premium of eight percent (8%) shall be added to the high bid and included in the total purchase price to be paid by the successful bidder(s).

 

BROKER PARTICIPATION:

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.

 

Video: Absolute 10 Acre Country Retreat Auction

From I-70:  Take Adams Dairy Pkwy south 4.5 miles to Shrout Rd., continue south 1/4 mile to address. From I-470: Take Colbern Rd. east 7 miles to Shrout Rd., then north 1 mile to address.  From 50 Hwy:  Take MO-7 north 6 miles to Colbern Rd., east 1 mile to Shrout Rd., then north 1 mile to address.

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We are Kansas City's oldest and most experienced real estate auction company specializing in accelerated real estate sales in Missouri and Kansas, including Overland Park, Lenexa, Shawnee, Leawood, Kansas City, Lee's Summit, Olathe, Blue Springs, Independence, Liberty, Kearney, Parkville, Smithville, Gladstone, Clay County, Platte County, Jackson County, Johnson County, Wyandotte County, Leavenworth County, Cass County, Lake of the Ozarks, Lake Ozark, Sunrise Beach, Osage Beach, Four Seasons, Shawnee Bend, Miller County, Camden County, and around the Midwest. Kansas City auctioneers with regional expertise!