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GONE! Absolute Land Auction: 20 Acres in Two Tracts | Kansas City North

Two Tracts for Sale at Auction! Tract 1: 16 acres w/house. Tract 2: 4 acres with future commercial possibilities. No reserve!


No minimum bid! Build, develop, or just enjoy. Tract 1 was last listed at $500k with a 3BR home and barn. Selling regardless of price! Parcels located at SW corner of 152 HWY and Maple Woods Parkway. 

LIVE ON-SITE AUCTION WITH ONLINE BIDDING
Began: 10/28/16 at 10:00 AM CDT
Location: 1700 NE 88th Street, Kansas City, MO 64155

INSPECTIONS: SUNDAYS, OCTOBER 16TH & 23RD; 2-4PM

 

No minimum bid! Build, develop, or just enjoy. Tract 1 was last listed at $500k with a 3BR home and barn. Selling regardless of price! Parcels located at SW corner of 152 HWY and Maple Woods Parkway. No reserve.

TRACT 1

16.77 +/- Acres

3BR, 2BA Home

THE LAND

Conveniently located just off 152 HWY and Maplewoods Parkway, this attractive piece of land is perfect for a wide variety of uses. Zoned Residential/Multi-family, it’s ideal for standard single family development, niche residential, townhomes, apartments, etc. Alternatively, buy and hold (rent the existing home in the meantime) build your dream home, or just enjoy the acreage. No minimum bid, no reserve.

THE HOME

This raised ranch home has 3 bedroom, 2 bath and was built in 1935. The property has been used as a rental for nearly 20 years (vacated Sept., 2016). Vinyl siding, large deck with pergola. The home is approximately 1,214 sf. 

 

HOME DETAILS  

Architecture:  Traditional

Plan:  Raised Ranch

Exterior:  Vinyl Siding

Year Built:  1935

Living Area:  1,214 sq. ft. (per county assessor)

Bedrooms:  3

Bath:  2

Other Rooms:  Kitchen, Living room, basement

Flooring:  Carpet, Vinyl

Heating:  Gas

Cooling:  Central electric

Hot water heater:  Gas

Roof:  Composition

Basement: Cinder block

Water source:  City

Sewer source:  City

School District:  NKC

Acres: 16.77 +/-

Taxes: $2,320.83

Parcel ID: 13312000900100

Zoned: Multi-Family/Residential

Legal Description:

BEG SL SEC/WL MAPLEWOODS PKWY W TO EL N HIGHLAND AVE, N20, W50, N TO SL ROW, SELY ALNG ROW TO POB

 

TRACT 2

4.57 +/- Acres

Zoned Residential (Commercial potential)

 

THE LAND

The 4.57 acre tract borders Maplewoods Parkway to the east of tract 1. Just S. of 152 Hwy. Great development potential or investment. This busy and highly trafficked location, if rezoned to commercial could be a successful convenient store, strip center, offices, professional services, etc. Utilities available. Zoned residential.

Lot Size:  4.57 Acres +/-

Road Surface:  Asphalt

Utilities:  Available

2015 Taxes:  $86.60

Parcel ID: 13312000900300

Legal Desc:  BEG SL SEC & EL MAPLEWOODS PKWY, NWLY883.72, NE305.61, SELY ALNG WL 152 HWY 675, S TO SL SEC, W TO POB

 

3 EASY WAYS TO BUY…

  1. Buy it now. Call for details about buying the property in advance of the auction.
  2. Bid live online. Advance registration required.
  3. Bid live onsite. Registration opens one hour before the action.

 

Sells to the highest bidder, regardless of price!

 

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.

 

 

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 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).

SURVEY

Seller shall provide a survey for any tract where there is no existing legal description.  Any need for a new survey shall be determined solely by the Seller. The type of survey performed shall be at the seller’s option and sufficient for providing a legal description for title insurance.  Purchase prices shall be adjusted to reflect any differences between advertised and surveyed acres.

REAL ESTATE TAXES & ASSESSMENTS:

2016 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 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).

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.

NOTE: Abandoned personal property remains with the real estate.

Video: Absolute Land Auction

152 HWY to Maple Woods Parkway, south to Barry Rd., west to North Highland, north to 1700 on right.

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