SOLD! No Reserve Lake Home Auction | Lake of the Ozarks | MM46 Sunset Shores |Climax Springs, MO
Ended: 12/19/19 at 12:30 PM CST
OPEN HOUSE: SATURDAYS, DEC. 7TH & 14TH; 11AM-1PM
213 Riverside Drive, Climax Springs, MO 65324
This fully-furnished, 4 bedroom, 3 bath true ranch on 1.7 acres with 80 ft. of lakefront on a deep water cove and gorgeous lake views offers all the amenities of lakefront living without the price! Featuring 2 master suites, over 2100 sq. ft. of finished living area, 740 sf wrap-around terrazzo patio, matching paved driveway, 30×50 Krantz-built dock, 28×42 detached 3-car garage/shop, 2-car attached garage, large iron-fenced yard perfect for the kids/dogs, this property has it all!
2nd tier homes in Sunset Shores also include a slip in the community dock. This one is 12×30 with a 4400 Lb. hoist. Sunset Shores also has a large well-equipped community pavilion for gatherings. (See info on this home’s private dock below).
Selling with no reserve to the highest bidder regardless of price, this property has never been offered before, so don’t miss this opportunity to make an offer now or bid your price in the auction.
FAST FACTS & FEATURES
● Fully furnished, 4 bedroom, 3 bath true ranch home
● Situated on 1.7 acres (4 parcels)
● 80 ft. of lake front
● 2,132 sq. ft. +/- finished living area
● Gorgeous lake views
● 2-car attached garage
● 28×42 3-car detached garage/shop, 2-12’, 1-10’ overhead doors, built in 2008
● 740 sq. ft. Terrazzo wraparound patio
● Matching concrete driveway
● Iron fenced yard for kids/pets
● 30×50 Krantz-built dock, 2 slips, 6600 lbs. hoist, furnished outdoor living area, built in 2017
● 12×30 slip at community dock with 4400 lbs. hoist
● Community Pavilion for family/neighborhood gatherings
● 46 MM, Sunset Shores subdivision
● 2019 real estate taxes: $1527.60
● Open houses: Saturday, December 7th & 14th; 11:00-1:00 pm
● Online bidding ends: December 19th, 12:30 pm
About Lake of the Ozarks… Recognized for its natural beauty and miles of privately owned shoreline, the Lake of the Ozarks is known as the Midwest’s premier lake resort destination. It offers world-class boating, skiing, fishing, shopping, and dining opportunities. Top-notch golf courses, parks, and other recreational activities add to its universal appeal.
About Sunset Shores… Off Highway 7 in the northwest quadrant of the Lake, Sunset Shores features paved roads, spacious lakefront lots with well-maintained homes and wonderful mature trees. Here the Lake’s calm waters stretch half a mile between shores. This home is perfectly situated for maximum views, enjoyment of the lake lifestyle, plus it offers easy access to all the Lake’s amenities (on the water and off), without all the noise and congestion. Just relax!
Home Furnishings Included: The seller is offering this home fully furnished. The Honda Pioneer UTV and Yamaha 1200 SUV PWC’s/Waverunners will sell separately online.
• Parcel 1 (homesite): 006+06-3.0-05.1-000.0-002-064.000, .575 acres,
- The Home: Year Built 1986
- 2019 taxes: $989.24
• Parcel 2: 006+06-3.0-05.1-000.0-002-063.000, .319 acres
- 2019 Taxes: $36.84
• Parcel 3: (garage/shop site): 006+06-3.0-05.1-000.0-002-062.009, .432 acres
- Garage/Shop: Year Built 2008
- 2019 Taxes: $149.40
• Parcel 4 (waterfront w/ Dock): 006+06-3.0-05.1-000.0-002-073.000, .386 acres
- The Dock: Year Built 2017 by Krantz
- 2 slips; 12×24; one 6600lb boat hoist, two PWC pads
- Outdoor living area
- Concrete deck
- 8 feet further from shore to allow year-round boat access
- 80 ft water front
- Concrete patio on shore
- 2019 Taxes: $352.12
• TOTAL 2019 TAXES: $1,527.60
• Replacement windows
• Home and detached garage metered separately
• 200 amp electrical service
• New Maytag Commercial Technology HE washer and dryer
• GE, Kenmore and KitchenAid appliances
• American Standard furnace and Heritage 15 A/C
• AO Smith Energy Saver 50 gal HWH
• Aqua Hero water softener
“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: No Reserve Lake Home | Lake of the Ozarks
MO Hwy 7 to Lake Rd. 7-13 (Bollinger Creek Rd.), North 5 miles to Sunset Shores Ln. (Lake Rd 7-13M), north to address on left.