Luxury Condominium Auction: Extraordinary 3 Bedroom Residence in “The Walnuts” | Kansas City, MO
Ended: 10/11/17 at 3:00 PM CDT
Shown by appointment to qualified buyers.
5049 Wornall Road, #4EF, Kansas City, MO 64112 (The Walnuts)
THE HOME – A Room-by-Room Tour
THE WEST WING – Living Areas
Foyer and Entry Hall: The elevator opens to a private foyer with tile floor, painted paneled walls with art lighting, and gorgeous acanthus leaf crown molding. Double doors lead to the angled entry hall which continues the classical original moldings and incorporates an arched entry, crystal/brass ceiling fixtures, ornate swan brass wall sconces, wood parquet flooring, and a coat closet. The entry hall connects the two wings of the home via the living room and the family room.
Formal Living Room (26×17): The centerpiece of the home, this grand space is defined by painted library paneling with extraordinary ornate crown molding and is anchored by a gas fireplace with marble surround. The signature deep bay sitting area which graces many of the best homes at The Walnuts features leaded glass windows overlooking the front park. Custom draperies with crewel work and tassel trim frame all the windows in the stately room which also offers built-in audio and art lighting. Dark stained oak floor.
Study/Library: Two walls feature large windows framed with custom tapestry print draperies and include views of the private English gardens. The other two walls are filled with built-in bookcases and cabinets. Marvelous crown moldings tie it all together. A perfect space for work or casual conversation. Dark stained oak floor.
Formal Dining Room: In the tradition of fine living and entertaining, the walls of the spacious dining room are treated with insets of tapestry style wallpaper and library paneling. Large deep-set windows overlook the English garden and grounds. A stunning crystal chandelier anchors the room which features magnificent crown moldings with dentil details and ornate door trim. Built-in audio and art lighting complete the experience. Dark stained oak floor.
Kitchen: Renovated to incorporate the best features of new home kitchens! A glazed tin ceiling with wonderful 3-globe fixture preside over a multi-functional island with cherry stain, granite top, cabinets, open shelving, Sharp microwave oven drawer and seating for three. Stainless steel Jenn-Air appliances include dual wall ovens with touch screen controls, refrigerator with French doors and freezer drawer, and 5-burner gas cooktop with downdraft exhaust. The flat-panel cabinets are painted with a light glaze and feature self-closing drawers, beautiful “White Spring” granite counters and a horizontal glass tile backsplash. A double window with scenic views sits atop a divided-basin composite sink. An expansive sideboard-style cabinet with contrasting granite, bead board detailing and glass front cabinets adds excellent storage along with a full walk-in pantry. As an added bonus, a corner banquette style built-in seating area with a striking 8-globe Murano glass chandelier is the perfect place for coffee or an informal meal. The heated “floating” floor is 3.5” Princeton Maple.
Laundry Room & Butler Pantry: Lots of natural light flows from the windows overlooking the front park. Interesting built-in cabinets have leaded glass fronts and granite counters. Laundry area includes a cleaning cabinet along with Maytag heavy duty washer and dryer. Princeton Maple floor.
Service Hallway: This back hallway connects the kitchen to the laundry room and the residential hallway. It has access to the service elevator and the stairway.
THE EAST WING – Residential Areas
Powder Room: Interesting angled walls, vanity seating area with triple mirrors, single fluted pedestal sink, curved cove ceiling, window with granite sill overlooks front park. Lovely vintage brass and painted flower chandelier. Tile floor. Off the entry hall.
Family Room(s): Flexible room with two distinctive spaces and a wide variety of potential uses.
Full wall of built-in bookcases and cabinets. Windows with custom plantation shutters and blinds overlook the front park. A large bay area features leaded glass window panes. Exquisite classical crown molding with coordinating wall moldings tie the spaces together. The walk-in closet and adjacent bath would also allow a guest suite configuration. Berber carpet and dark stained oak floor.
Full Bath: Tiled shower/tub combo, single vanity with granite counter, dual wall sconces, tile floor and partially tiled walls. Just off the family room.
Master Bedroom: Entry to the room is graced with a unique built-in curved bookcase with original wood detailing. The serene space has a fireplace with marble surround, elegant crown moldings with coordinated wall moldings and inset wallpaper detail, in-ceiling audio and a unique vintage center light fixture with crystal petaled flowers forming a delicate globe. Large windows offer views to the north and east and south. Dark stained oak floor.
Master Bath & Closet: Reconfigured and renovated with cherry cabinetry with numerous storage options, double vanity, “River Spring” granite counters, vertical tile backsplashes and crystal pulls. Individual oval mirrors have additional sconce lighting. Comforts include delightful heated tile floors, heated towel racks, and a cove ceiling with built-in audio. The expansive walk-in shower has a solid surface floor, custom tiled walls, and rain feature shower head. The spacious master closet has built-in cabinetry and extra access to the residential hall.
Bedroom 2: Large windows with views to the north and east. Three closets offer extra storage space. Triple globe center fixture, built-in audio and dramatic crown molding. Dark stained oak floor. Full Bath: Shower/tub combo with arched tile feature, single pedestal sink, dual brass & crystal wall sconces, medicine cabinet mirror, window overlooking the park, and extra linen storage. Tiled floor and partially tiled walls.
Bedroom 3: Two large windows overlooking the grounds, built-in audio, lovely crown molding, crystal center fixture. The walk-in closet has built-in shelves, drawers, and cabinets. Dark stained oak floor. Bath: Granite-topped single vanity, tile floor.
Residential Hallway: This hall gives private access to the bedrooms as well as the family room, service hallway, and entry hall. It includes the media closet and a unique double arched door silver storage closet with felt lining. Crown molding and dark-stained oak floor.
- Extraordinary original architectural crown moldings and millwork
- Exquisite custom window treatments
- Fully renovated kitchen
- Updated baths and renovated master bath
- Combination of lead-paned bay windows and double hung windows with mullioned uppers
- Refinished dark-stained oak hardwood floors
- Heated floors in kitchen and master bath
- Dual zoned HVAC
- “Control4” whole-house audio system with wireless touchpad controllers, two Gallo TR-1 with a Class 2 200 watt amplifier and integral bass equalizer
- Entire floor with views in every direction – 3 bedrooms, 3 full baths, 2 half baths
- Approximately 4,090 sq. ft.
- Updated and renovated in the last six years (nearly $300,000 invested)
- Shown by appointment to qualified buyers
- Pre-auction offer option available
- One-year warranty included
- Online bidding ends October 11th
“THE WALNUTS” LIFESTYLE
For more than 85 years, The Walnuts has been the bedrock of the finest condominium-style living in the Midwest. Never prey to fashion or trend, the three stately buildings preside over a private 10-acre estate comprised of a lush treed park to the south and a perfectly manicured English garden to the north.
The timeless Jacobean architecture blends brick and stone into parapet walls, corbeled oriel windows, terraces and balconies. Tudor and Elizabethan influences are seen in the stone masonry, diamond-patterned brick work, heavy mullioned windows and handsome arched entrances.
Owners at The Walnuts experience a lifestyle to match the signature architecture and beautiful grounds. The doorman and staff assist with groceries and hand deliver packages, mail, laundry and dry cleaning. Valet parking complements the attended and heated parking garage complete with a car wash.
In addition to the park and gardens, other common spaces include exquisitely appointed card room and board room.
The Walnuts is adjacent to Loose Park, one of Kansas City’s finest park amenities. It is within walking distance of the iconic Country Club Plaza with a plethora of upscale shopping, dining and entertainment options. It is just minutes from cultural destinations including The Nelson-Atkins Museum of Art, The Kemper Museum of Contemporary Art, The Kansas City Repertory Theatre, and The Kauffman Center for the Performing Arts.
SERVICES and AMENITIES at The Walnuts
- Valet parking
- 10-acre private grounds including landscaped front park and formal English gardens
- Heated and attended underground parking – with interior access
- Onsite car wash
- Daily individual trash collection
- Hand-delivery of packages, mail/newspapers, and laundry/dry cleaning
- Two elevators to your residence
- Fitness room
- Easy guest parking
- Exterior window washing twice yearly
- Additional storage rooms
- Stately common areas including board room and card room
Schedule Your Private Tour
It is virtually impossible to fully and accurately portray a home of this significance in words and pictures. To truly appreciate it, you must see it for yourself. Experience the character, examine the details, absorb each of the unique spaces, take in the views, and visualize the lifestyle.
If you’re a qualified buyer with an interest in owning this property, we want to show it to you! Call our office to arrange your private tour. Feel free to bring your decorators and advisors. Then simply log on and place your bid! (Or we will gladly present your qualifying pre-auction offer if you prefer.)
Summary of Recent Improvements
This grand residence has been carefully renovated to retain the grandeur and elegance of the original design, while integrating features and conveniences for modern living. Over the last six years the owners have invested nearly $300,000 in improvements. In addition to professional painting, wallpapering and custom window treatments throughout, the floors were refinished, exposed piping was upgraded to copper, all outlets and wall switches were replaced, and hardware was stripped and polished. Additional highlights include:
Kitchen (approx. $70,000): Full renovation including cabinetry with granite counters, high-end appliances, heated floor, tin ceiling, lighting and more.
Master Bath & Closet (approx. $10,000): Reconfiguring and expansion including new cabinetry with granite counters, expanded custom-tiled shower with rain feature, heated tiled floor, lighting, heated towel racks.
Taxes & HOA
2016 taxes $11,141. 2016 HOA = $2,965/month. Parking spaces available at $90/month. Remaining portion of roof assessment ($8,916) due September, 2018.
Every so often an opportunity comes along which is like none other. This is one of those times. When you log on and place your bid for this remarkable residence, you are bidding on the opportunity to own one of Kansas City’s finest homes, steeped in history, exuding architectural significance, and affording a lifestyle unique to The Walnuts residents. Our sellers have downsized and are excited to know this spectacular home will soon see the opening of a new chapter of ownership. Schedule your private viewing and let our staff know how we can help you!
2 Ways to Buy!
- Make an offer in advance. Call 816.781.1134 for details. Subject to all auction terms.
- Bid online. Online registration required. You may place individual bids or opt for the system to place bids for you up to your pre-determined maximum. Bidding ends October 11th.
Note: Condominium Resale Certificate is available on request to qualified buyers.
“ONLINE ONLY” REAL ESTATE BIDDING
AUCTION TERMS AND CONDITIONS
Proper and complete online registration is required to bid. All bidders must provide name, address, phone number, and email address to register. A credit card (MC, Visa or Discover) is required to actually place a bid on the property. The credit card will be validated before bidding access is granted, but is not a recognized form of payment of the deposit or purchase price. Should a Winning Bidder fail to complete the contract signing process, the required deposit will be charged to the credit card provided at registration. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Bidders may register prior to, or during the bidding period. At registration bidders are given the option of receiving emails confirming their individual bids and/or when they are outbid.
All bidding in this auction is being conducted online. (If you need assistance placing a bid or prefer to submit a bid in person, please call our office for assistance. 816-781-1134) To place a bid, bidders enter their “maximum” bid and click the “Place Bid” button. Each time that bidder is outbid by another bidder, the system will automatically bid on their behalf at the established bid increments up to their maximum. In the case of an auction with a reserve, if the max bid amount entered is less than the reserve, the system will place the bid at the max amount. Once the system displays that the reserve has been met, then it will advance the bid (by the bid increments) only when the bidder is outbid by another bidder, up to the bidders max. The Auctioneer does not know any bidder’s maximum bid. The system will not advance a bidder’s own bid. Online-only auctions utilize the “Soft Close” feature that automatically extends the bidding time if a bid is received in the last 2 minutes of the published bidding period. The extensions will continue until 2 minutes have lapsed without any bidding activity, at which time the auction is concluded.
A buyer’s premium of ten percent (10%) of the high bid shall be added to that bid and included in the total purchase price to be paid by the successful bidder(s).
Sample calculation — High bid = $50,000
Buyer’s Premium = $ 5,000 (10% of 50,000)
Total purchase price = $55,000
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.
At the conclusion of the auction the Winning Bidder will receive an email and/or phone call confirming his or her winning bid status. In this or a subsequent email the Winning Bidder will receive a link to sign all documents electronically along with wiring instructions for submitting the required earnest money deposit to the named title company.
Should the electronic processes described above be unavailable, alternative arrangements will be made. In any event, the contract signing and deposit payment process must be completed by noon on the day following the auction conclusion. A Winning Bidder whose documents and deposit are not received within the required timeframe is subject to paying a liquidated damages amount equal to the down payment (charged to the credit card used at registration) and will not be allowed to bid in any future Cates Auction & Realty auction events. Note that property-specific purchase documents are available prior to the auction end date and any professional reviews of such documents should be undertaken PRIOR to bidding. All final bids are subject to Seller’s reserve, unless advertised otherwise. Any property with a high bid exceeding the Seller’s reserve will be declared “sold” by the Auctioneer. In instances where the seller’s reserve was not met in the auction, the signed contract and accompanying deposit will be presented to the Seller for approval, which shall be given or denied in the Seller’s sole discretion within 5 business days. If approval is denied, all documents and the deposit will be returned immediately.
DOWN PAYMENT (DEPOSIT):
The Winning Bidder shall be required to make an earnest money down payment equal to 5% of the total purchase price. This deposit must be received by wire transfer (or by certified funds), by close of business the day following the bidder being declared the Winning Bidder. Winning Bidders whose documents and deposit are not received within the required timeframe are subject to paying a liquidated damages amount equal to the down payment (charged to the credit card used at registration) and will not be allowed to bid in any future Cates Auction & Realty auction events.
The Winning Bidder shall close within 45 days of the auction date, unless stated differently in the Purchase Agreement.
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 commission of 3% of the high bid (unless a different percentage is stated in the property’s MLS listing) 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 end date.
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 information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). This property is available for and subject to sale prior to auction. Final sale is subject to approval by The Walnuts Board.
As exclusive agents for the Seller, the Auctioneer has a fiduciary obligation to present any and all offers to the Seller. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all auction terms and be submitted to the Auctioneer on the Real Estate Sale Contract along with the required deposit. Properly submitted offers will be presented to the Seller, who may accept or reject such offer in their sole and absolute discretion.
We hope you enjoy bidding in the online auction!