Real Estate Auction: Spacious 4 Bedroom Home | Kansas City, KS
Ends: 01/31/19 at 12:30 PM CST
OPEN HOUSE: SUNDAYS, JAN. 13TH & 20TH; 2-4PM
8533 Spring Avenue, Kansas City, KS 66109
Real Estate Auction: Spacious 4 Bedroom Home | Kansas City, KS
Lovely Home on Wooded Lot For Sale at Auction!
High ceilings, wooded views, and lots of natural light make this open-plan 4BR/3.5BA home a special find. Plus extra features like hardwoods, walk-ins, two master showers, and a finished walk-out basement! In a quiet cul-de-sac. Custom built in 2002.
Entry: Front door with sidelights and glass storm door, topped with arched window. Impressive 16-foot ceiling with brushed silver light fixture. Coat closet. Hardwood floor.
Dining Room: Dramatic 19-foot ceiling with elegant brushed silver 2-tier chandelier. Huge second-story window has easy pull string blinds. Arched entries from front hall and kitchen (removable columns). Hardwood floor.
Kitchen: Raised panel oak cabinetry with coordinating counter trim and slate tile backsplash. Cabinets feature brushed silver hardware, double lazy Susans, pantry storage, microwave niche and corner display shelves. Three-sided service counter with seating for 5+. Window over sink looks out to woods. All black appliances include Jenn-Aire stove with self-cleaning convection oven and downdraft vent. (Stove converts to grill.) GE side-by-side refrigerator/freezer with door dispenser and controls. GE Nautilus dishwasher. Open to dining room, breakfast area, great room. Access to garage and half bath/laundry. Tile floor.
Breakfast Area: 3-light brushed silver center fixture. Sliding door with wooded views and access to deck. Basement access. Tile floor.
Half Bath & Laundry: Single vanity and octagonal window. Separate laundry room with cabinets.
Great Room: Expansive 23×16 room with windows to front and triple floor-to-ceiling windows overlooking rear woods. Handsome gas-start wood-burning fireplace (never used) with tile surround and oak mantel, hearth, and trim. Lighted ceiling fan with brushed silver details. Arched entries to front hall and breakfast/kitchen (removable columns). Hardwood floor.
Deck: 10×12 overlooking backyard and woods. Steps to lower patio.
Garage: 2-car with dual lifts, storage hooks, and attic access.
Hallway: Overlooks entry hall and dining room. Built-in arched art/shelving niche. Hardwood floor.
Master Bedroom: Tray ceiling with oak trim, ambient lighting and center lighted fan. Large double window overlooking woods. Spacious walk-in closet with built-in shelving, hanging space, and shoe storage. Hardwood floor.
Master Bath: Single vanity with additional makeup/desk area. Brushed silver hardware. Window overlooking woods. Built-ins with cabinets and drawers. Show/tub combo PLUS additional full-sized shower with seat. Private toilet. Tile floor.
Bedroom 2: Interesting angled wall. Large double windows overlooking woods. Lighted ceiling fan. Double-door closet. Hardwood floor.
Bedroom 3: Cathedral ceiling with lighted fan. Double arch-topped windows. Extra wide double-door closet. Hardwood floor.
Hall Bath: Wide single vanity with additional linen cabinet storage. Tub/shower combo with glass doors. Window overlooking woods. Tile floor.
Family Room: Display shelf along one wall. Double windows to backyard. Storage closet/mechanical room. New carpet.
Game Area: Sliding doors to covered patio and backyard. Storage closet under stairs. Laminate wood-look flooring.
Bedroom 4: Double window to backyard. Walk-in closet. Separate mechanical closet. Laminate tile flooring.
Full Bath: Single vanity, shower/tub combo.
Storage: 9×12 open storage room.
- One-owner home
- Open plan with loads of natural light throughout
- Removable decorative columns
- Raised panel doors
- Brushed silver hardware and fixtures
- New hot water heater (May, 2018)
- Finished walkout basement
- Security system
- Private cul-de-sac lot in Lakewood Hills
- Grassy backyard with beautiful woods
- Minutes to The Legends, parks, the Speedway and more
- Taxes: $4,051
- Year built: 2002
- 1-year home warranty included!
“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 the greater of $2,500 or 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 close of business on auction day. A Winning Bidder whose documents and deposit are not received within the required time frame 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 five percent (5%) of the total purchase price. This deposit must be received by wire transfer (or by certified funds), by close of business auction day. 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 30 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:
2019 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.
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!
Video: Spacious 4 Bedroom Home
From I-435, east on KS-5/Leavenworth Rd. OR from I-635, west on KS-5/Leavenworth Rd. Turn south on N 85th St., right as 85th becomes Spring St., to 8533.