Live Webcast Auction
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Price Realized Confidential
Shipping Not Available
Reserve Not Met
Date(s)
3/8/2017 - 4/7/2017
Bidding Notice:

Place prebids prior to the auction or bid live during the auction.


Information
Lot # 1
Lead 766 Highland Avenue, Lexington, MO 64067
Description
Gorgeous, thoroughly updated 6BR, 6.5BA home with stunning views of the Missouri River. Beautiful rooms & gourmet kitchen with custom finishes. Front and back staircases plus an elevator. Lavish architectural details and warm hardwoods throughout, plus 7 fireplaces and 3-car garage. THE HOME This grand all-brick Antebellum home was built in 1850 and expanded in the 1990s. It holds historic significance involving both the state of Missouri and the Civil War. It blends the best of both worlds with classic historical character and an abundance of modern amenities. Updates include newer electrical and plumbing, windows, updated and zoned HVAC, a gourmet kitchen, as well as an elevator. The main floor flows beautifully and is perfect for entertaining on a grand or intimate scale. Enjoy spacious rooms, large windows, exceptional architectural details and variety of marble flooring and rich hard woods. The upper floor offers six large bedrooms, each with a private bath. Sweeping views of the Missouri River and valley are a unique bonus! MAIN FLOOR ENTRY: A quintessential low stone wall and brick walkway lead to a stately porch with Corinthian columns supporting a dramatic pediment. Classically corbeled eaves complete the facade. A large solid oak door with sidelights and transom windows opens to the center hall. FOYER/CENTER HALL: A dramatic 2-story entry hall with large windows, a wonderful original art niche and marble floors is anchored by an impressive 4-tiered 30-light chandelier with center ceiling medallion and heavy crown molding. The gracefully curved staircase with red runner and copper rods leads to the upper floor. DINING ROOM: Wide entry from the Foyer with custom millwork, deep crown molding with wainscot paneling and 6 inch baseboards. Fireplace with ornate insert and marble hearth and surround is framed by decorative columns supporting the mantelpiece and paneled wall detail above. Dark and rich, well-preserved oak floors. LIVING ROOM: Historical 5-light fixture with center ceiling medallion. Pair of large windows provides natural lighting. Exquisite fireplace with beautiful millwork includes a decorative insert and columned mantel framing a marble surround and hearth. Original dark oak floors. DEN: Semi-private space conveniently located off the breakfast room and separated from the living room by extraordinary 9-panel 8×5 wooden doors. Crown molding, center medallion, 6-inch baseboards, wainscoting. Fireplace with brick surround and carved wood mantel. Original dark oak floors. GOURMET KITCHEN: Custom cherry-stained cabinet designs incorporate raised panel doors, crown moldings, glass-front accent cabinets, and ambient lighting. Gorgeous granite countertops with coordinating backsplash unify the space. Unique angled island with matching suspended cabinets has seating for six plus secondary prep island. High-end appliances include built-in KitchenAid refrigerator with paneled cabinet front, Fisher & Paykel 2-drawer dishwasher, GE Monogram double convection oven with 6-burner gas range with built-in griddle and a coordinating Broan ventilation hood. Built-in desk and sitting area with brick wall gas fireplace (operable) with hearty wood beam mantel and paver brick hearth. Door to side porch. Dark oak floors. BREAKFAST/SUN ROOM: Walls of windows fill this flexible space with natural light. Plenty of room for informal dining, relaxing, and casual entertaining. A Palladian window anchors one end of the room while the other walks out to a brick patio and yard. Three unique light fixtures define the spaces. Marble floors. HALL BATH: Pedestal sink with ornately framed mirror. Toilet with rail support. Extra linen storage. Oak floor. FAMILY ROOM: Generously-sized room with plenty of space for gathering. Large windows on two walls including four-part Palladian window. Handsome wall of built-in book shelves with integrated entertainment center. 2 ceiling fans. Alternate staircase leading to upper floor. Hardwood floor. LAUNDRY ROOM: Full-size sink with ample cabinets, work surfaces and natural light. Wood floor. GARAGE: Three-car garage with pedestrian door, keyless entry and built-in cabinets and storage. UPPER FLOOR MASTER BEDROOM: Elegant master retreat features a floor to ceiling brick fireplace with ornate surround and mantel. Sunken sitting room with wall of windows is the perfect private get-away space for reading or watching a movie. Crown molding with 6-inch baseboards and rich hardwood floors. MASTER BATH: Double vanity with solid surface top and massive framed mirror. Oversized fully tiled walk-in shower with glass door, in-wall storage, corner seating benches and rain effect shower head. Generously sized soaking tub. Heated TOTO toilet “washlet” seat. Walk-in closet has hardwood floors, extensive shelving and built-in cabinetry with raised panel details and brass hardware. Hardwood floors. BEDROOM/BATH 2: Dual windows with western views. Cozy brick fireplace with ornately carved accents. Box ceiling with crown molding and 6-inch baseboards. Elegant 4-light fixture with custom glass and a brass medallion. Private full bathroom with single vanity, make-up counter, shower/tub combo. Walk-in closet. Hardwood floor. BEDROOM/BATH 3: Brick wall fireplace with painted wood mantel, crown molding, 6-inch baseboards, two windows, and wood floors. Private full bathroom with single vanity, ornately framed mirror, make-up counter, shower/tub combo. Walk-in closet. Hardwood floor. BEDROOM/BATH 4: Crown molding, 6-inch baseboards and wood floors. Private full bathroom with single vanity, shower/tub combo. Walk-in closet. Elevator access. Hardwood floor. BEDROOM/BATH 5: Two walls of windows with 2-inch wood blinds afford sweeping views of the Missouri River Valley. 6-inch baseboards and molded trim. Private full bathroom with single vanity and shower. Walk-in closet. Hardwood floor. BEDROOM/BATH 6: 6-inch baseboards and molded trim. Private full bathroom with single vanity and shower. Walk-in closet. Hardwood floor. BASEMENT Partially finished area with bar. Unfinished area for storage, utilities. MORE HOME FEATURES: Elevator (800 lbs capacity) Beautiful historical millwork throughout 7 fireplaces (1 operable – Kitchen) Marble flooring and original oak hardwoods Wired for audio surround Dual zoned HVAC (Trane A/C) Dual hot water heaters GE Monogram stainless steel oven/range Water softener Front and back staircases Remarkable original and restorative craftsmanship ADDITIONAL EXTERIOR FEATURES: Classic Colonial and Greek Revival architecture All brick construction Fenced yard (composite) Large brick patio Brick-trimmed driveway and circular brick entry In-ground 54” basketball goal Irrigation system Security system THE HISTORY This distinctive pre-Civil War estate was built in 1850 and is located in the Highland Avenue Historic District. The Chadwick-Aull house has witnessed travel via the Santa Fe Trail on the east (front) and steam boating up the Missouri river on the west (rear). In 1860, the Elizabeth Aull Seminary School for girls opened its doors and operated in the home until 1902. With sweeping views overlooking the Missouri River valley, this grand home has benefited from continuous care and tasteful modernization over the years. It has been featured in Kansas City Homes and Gardens Magazine. AUCTIONEER’S NOTE The sellers of this marvelous home are moving closer to family and have chosen to expedite the sale of their estate, including the home and many contents, at public auction. Though the last list was $700,000, they have set the auction reserve at only $390,000 and authorized us to publish it. This is an unparalleled opportunity to own a genuinely exceptional property and a rich piece of history at your price. See it for yourself at an open house and then make your pre-auction offer or join us at the auction on Friday, April 7th at 12:00 PM. FAST FACTS: Original home built in 1850 2 story brick Antebellum 7,000 finished sq. ft. (approx.) 6 bedrooms; 6 full baths, 1 half baths 3-car garage Utilities: Forced air gas heating Central electric cooling City water Select contents are selling online – personal property bidding ends 4/9 Open houses: 3/12, 3/19 and 3/26; 2-4PM Live real estate auction: 4/7 at 12PM Seller’s reserve only $390,000! (Last listed at $700,000.) 3 EASY WAYS TO BUY… Buy it now. Call for details about buying the property in advance of the auction. 2. Bid live online. Advance registration required. Bid live onsite. Registration opens at 11am. NEW TO AUCTION? 4 Quick Tips: Research the property and auction terms at www.CatesAuction.com/Lexington. Be sure to download the “Property Information Package.” Attend an open house event to tour the property and talk with auction representatives. Ask questions. Call 816-781-1134 or email Rick@CatesAuction.com. We’re happy to help! Come prepared. You’ll need your driver’s license to bid and your earnest money deposit ready if you are the winning bidder. (Online bidding requires advance registration and valid credit card.) 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.
Name Stunning Historic Home
Auctioneer
Type Live Webcast Auction
Date(s) 3/8/2017 - 4/7/2017
Auction Date/Time Info
Friday, April 7, 2017
Preview Date/Time Sundays, March 12, 19 & 26; 2-4PM
Checkout Date/Time N/A
Location
Buyer Premium 10% of the High Bid
Description
Gorgeous, thoroughly updated 6BR, 6.5BA home with stunning views of MO River. Beautiful rooms & gourmet kitchen w/custom finishes. Front/back staircase plus elevator. Lavish architectural details, warm hardwoods, 7 fireplaces. 3-car garage.
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). 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. 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.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 1,000.00 100.00 USD
1,000.01 - 10,000.00 500.00 USD
10,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% of the High Bid
Payment Terms
See Terms and Conditions.
N/A
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.