Live Webcast Auction
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Price Realized Confidential
Shipping Not Available
Reserve Not Met
Date(s)
6/20/2017 - 7/28/2017
Bidding Notice:

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


Information
Lot # 1
Lead 516 W. Franklin St., Liberty, MO 64068
Description
Restored 3-Story Historic Home, 3-Car Carriage House, 1/3 Acre Lot This 3-story Prairie Shirtwaist was restored to it's orginal grandeur in recent years and features updated zoned HVAC, wiring, plumbing, renovated kitchen and baths, custom cabinets, granite tops, large rooms, front/back staircases, Butler’s pantry, arched doorway, built-ins, wood floors, 3-car carriage house, landscaped 1/3 acre treed lot and is located near the Liberty square in the coveted historic district. MAIN FLOOR LARGE VERANDA: 46x10; arched pediment, low brick walls with limestone caps, tile/concrete, 17’ covered portico ENTRY: 14x11; hardwood floors, crown molding, 10” baseboards, vintage light fixture, blinds, arched doorway to dining room LIVING ROOM: 16x16; hardwood floors, crown molding, 10” baseboards, wood burning fireplace with tile hearth/brick trim, mantle, built-in bookshelves, flat screen TV mount above fireplace DINING ROOM: 17x11; hardwood floors, crown molding, 10” baseboards, two built-in corner china cupboards, arched doorway, pocket door, window treatments SUN ROOM: 15x9; tile, knotty pine, walls of windows, blinds, heated/cooled KITCHEN: 11x9, hardwood floors, custom cabinets, granite countertop, Whirlpool Accubake stainless smooth top range, KitchenAid Superba stainless french door refrigerator with ice/water, Maytag Quiet Series 200 stainless dishwasher, stainless sink, disposal BUTLER’S PANTRY: 9x6; hardwood floors, custom cabinets, granite counter top, stainless sink, Magic Chef stainless microwave, pantry POWDER ROOM/HALF BATH: 7x4; tile floor, pedestal lavatory, blinds SECOND FLOOR MASTER BEDROOM: 14x13; carpet, crown molding, 10” baseboards, ceiling fan, blinds, closet MASTER BATH: 12X10; vintage washstand with granite top, tiled shower, 10” baseboards, cedar closet BEDROOM 2: 14x11; carpet, crown molding, 10” baseboards, walk-in closet, blinds, ceiling fan FULL BATH: 8x8; tile, vanity, tub/shower, blinds BEDROOM 3: 13x12; carpet, crown molding, 10” baseboards, walk-in closing blinds, ceiling fan THIRD FLOOR BEDROOM FOUR/STUDIO/OFFICE: Over 700 sq. ft. of finished living area perfect for bedroom, studio, office, play room, etc. with pine wood floor, 10” baseboards, 3 dormer areas, window seat, track lighting, blinds BASEMENT FULL BASEMENT: stone/brick, walk-up, lots of storage, suspended slab storm/wine cellar, suspended slab coal room/storage room; Bryant Plus 90 Hi-efficiency gas furnace with air cleaner and humidifier, wood burning backup furnace, Whirlpool hot water heater CARRIAGE HOUSE 3-CAR CARRIAGE HOUSE: 22X38; stone/wood frame, 2 garage bays with electric openers, 1 bay with carriage door, loft ESTATE LOT ONE-THIRD ACRE LOT: 70X210, large mature trees, nicely landscaped beds with fresh mulch, fenced backyard with partial privacy, two entrances with 70’ frontage on Franklin and 70’ frontage on College HOME FEATURES • Restored 3-Story Century home (1908) • 4 bedroom, 2.5 baths • 3-car carriage house • 1/3 Acre lot with mature trees • Updated zoned HVAC, wiring, plumbing • Renovated kitchen and baths • Original trim, moldings, wood floors • Pocket door, arched doorway • Front and back staircases • Full basement, fenced yard • One year home warranty THE HISTORY 516 W. Franklin is a nice example of the eclecticism of domestic suburban architecture. Built by James Costello, owner of a local lumber mill in 1908. It was later the home of Dr. Glenn Hendren, a prominent Liberty Physician during the 1940’s-1960’s. The Dougherty-Prospect Historic District was listed on the National Register of Historic Places in 2001. This district contains some of the community’s best examples of the popular style from the early twentieth century. CHAPTER 353 PROPERTY TAX ABATEMENT This property is located within a Chapter 353 Property Tax Abatement District and may qualify for partial tax abatement in return for the owner making improvements to the property. AUCTIONEER’S NOTE Every auction represents potential for buyers, but this restored 3-story historic home is truly a unique opportunity. The seller of this lovely home has moved and has chosen auction to facilitate a timely sale. Tour the property at one of the open house events on Sunday, July 9th or July 16th from 2-4 pm. A Cates representative will be onsite to answer questions. Make a pre-auction offer or join us for the onsite/ online auction on Friday, July 28, at 10:00 a.m. if not sold prior. 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 at 9am.
Name Restored 3-Story Historic Home in Liberty, MO
Auctioneer
Type Live Webcast Auction
Date(s) 6/20/2017 - 7/28/2017
Auction Date/Time Info
Friday, July 28, 2017 at 10:00AM
Preview Date/Time Sundays, 7/9 & 7/16; 2-4PM
Checkout Date/Time N/A
Location
Buyer Premium 10% of the High Bid
Description
3-story Prairie Shirtwaist restored to it's orginal grandeur in recent years w/updated zoned HVAC, wiring, plumbing, renovated kitchen & baths, custom cabinets & granite, f/b staircases, 3-car carriage house, 1/3 acre treed lot & more! This historic 4 bedroom home offers large rooms, Butler's panry, arched doorway, built-ins, wood floors, full basement & is located near the Liberty square in the coveted historic district. Don't miss this opportunity to Bid Your Price!
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 30 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.