Result: 1 of 1
Type Online-Only Auction
Bid History 12 Bids
High Bid 181,000.00 USD
Time Left
15d 2h 1m
Soft Close

Auctioneer Cates Auction & Realty Co., Inc.
Location Lee's Summit, MO 64081
Date(s) 3/8/2018
Contact for Details

Lot # 1
Group - Category Real Estate - Residential Homes
Lead 1205 SW Creekside Drive, Lee's Summit, MO 64081
Description
Entry: Front door with leaded glass, sidelights, and large transom window. High ceiling, plant ledge, coat closet. Tile floor. Great Room: 19x15. 30 ft. cathedral ceiling with center beam, lighted ceiling fan, gas fireplace with tile surround and wood mantel flanked by arched windows. Access to dining room, entry, basement, kitchen, and bedroom hallway. Carpet. Dining room: 11x13. Octagonal raised ceiling detail with center 10-light brass chandelier and crown molding. Large niche for China hutch. Wet bar with pass through to breakfast room. Open to great room and kitchen. Carpet. Kitchen: 13x11. Corner sink with dual windows, tile backsplash, white appliances. Newer tile floor (12x24). Counter seating for two. Open to laundry room, breakfast room and dining room. Breakfast Room: 11x12. Large wall of bay windows with sliding door to deck. Double pantry, center lighted ceiling fan, wet bar pass-through to dining room. Newer tile floor (12x24). Open to kitchen and great room. Laundry: Window, cabinets, newer tile floor. Accessed from garage and kitchen. Powder Room: Single vanity and toilet. Between laundry room and kitchen (via pocket door). Newer tile floor. Master Bedroom: 15x14. Double boxed ceiling, two windows facing back yard. Pocket door to master bath and hallway. Carpet. Master bath. 12-foot ceiling. Pocket door to bedroom. Tall single vanity, bathtub below large glass brick window. Walk-in shower. Large walk-in closet with pocket door and attic access. Linoleum flooring. Bedroom 2: 12x10. 12-foot cathedral ceiling with center lighted fan. Double windows with large arched window facing west, closet. Carpet. Bedroom 3: 13 x 11. Double windows facing west, center lighted ceiling fan, closet. Carpet. Hall Bath. Single vanity with cultured marble top, toilet, shower/tub combo, linoleum flooring. Garage: Two-car with Chamberlain Liftmaster Professional overhead door. Space for storage or work area. Deck: 15x9. Overlooks lovely backyard with natural tree line. Access from breakfast room sliding door. Walks down to patio and yard. Lower Level: Sprawling unfinished walk-out basement with sliding glass door to patio and single overhead door with Genie Pro lift. Tons of storage and opportunities for finishing with additional bedrooms and living spaces. Toilet and stubbed for bathroom. FEATURES: • Newer HVAC w/Lennox digital thermostat • Newer hot water heater • Handsome brick and stucco front w/stone accents • Attic fan • Well-designed ranch plan with spacious rooms • Accessible features throughout • Huge walkout basement with overhead door • Large yard with rear tree line • Walking distance to park and pool • HOA paid through 2018 • 1-year home warranty included • No reserve! Sells to highest bidder!
Name No Reserve Estate Auction: Ranch Home in The Crossings
Auctioneer Cates Auction & Realty Co., Inc.
Type Online-Only Auction
Date(s) 3/8/2018
Thursday, 3/8/18 at 3:00PM
Preview Date/Time Sundays, 2/18, 2/25/18 & 3/4/18; 2-4PM
Checkout Date/Time N/A
Location 1205 SW Creekside Drive
Lee's Summit, MO 64081
Buyer Premium 10% of the High Bid
Description
Solid Home in "The Crossings" For Sale to the Highest Online Bidder! One level living! Open, accessible ranch plan with high ceilings & lots of natural light. 3BR/3BA on main level. Huge unfinished W/O basement for more bedrooms & living spaces. Nice lot in great area. No minimum bid! Some updating needed.
"ONLINE ONLY" REAL ESTATE BIDDING AUCTION TERMS AND CONDITIONS REGISTRATION: 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. BIDDING ONLINE: 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. BUYER'S PREMIUM: 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: 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: 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 five percent (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. CLOSING: 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: 2018 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. BROKER PARTICIPATION: 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. PRE-AUCTION SALES: 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!
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% of the High Bid
Payment Terms
See Terms and Conditions.