16055 NW 120th Street, Platte City, MO 64079 | Live and Online Auctions on HiBid.com

Lot #	1
Lead	16055 NW 120th Street, Platte City, MO 64079
Description	Pictures coming soon! Gallery online at CatesAuction.com This beautiful, close in 65-acre estate on paved road features scenic hill-top views, rolling hills, hardwood timber, fenced and cross fenced pastures, custom-built, all brick 4 bedroom true ranch home with finished walkout basement, oversized 2-car garage, 60×60 metal outbuilding and much more! THE LOCATION Conveniently located just north of Kansas City International Airport and west of I-435 in unincorporated Platte County, Missouri, this close in acreage offers peaceful country living with city amenities just minutes away. The property is also within the Platte County R-III School District. THE HOME This custom-built, all brick, 4 bedroom, 3 bath true ranch home offers a total of 3752 sq. ft. of finished living area including the main floor and finished walk-out lower level. The main floor features custom finishes, warm colors, moldings, trey and vaulted ceilings, 3 bedrooms, 2 full baths, living room with fireplace, den with French doors, dining room, kitchen with stainless steel appliances, refinished hardwood floors and casual dining area, first floor master suite, laundry, recent stamped concrete patio, oversized 2-car attached garage and more. The finished walkout basement features a large open recreation/family room with stone wood-burning fireplace, exercise room, 4th bedroom, full bath, storm shelter, storage room and mechanical/storage room with alarm system, water softener, newer Trane heat pump and two 75 gal. Marathon hot water heaters and more! THE OUTBUILDING The 60×60 metal outbuilding includes a 40×40 heated garage/shop with a/c, water, 200 amp electrical service, nice lighting, concrete floor, attached 20’ lean-to for covered storage, 20×60 barn addition with drive through access and more! THE LAND This gorgeous, wooded and rolling 65-acre country estate is both private and picturesque, is situated on a paved road in unincorporated Platte County and offers close-in country living only minutes to city amenities. The property features hill-top scenic views, rolling hills, hardwood timber, 3 separate fenced and cross fenced pastures with heated waterers, white vinyl fencing, cell tower, civil war cemetery, wildlife and more! Bring the horses, livestock, 4-wheelers, dogs and kids and enjoy your perfect and peaceful country retreat close to the city. AUCTIONEER’S NOTE As Kevin and Marsha Christian have built a new home and are moving, we have been selected to sell their wonderful estate property to the highest bidder with No Reserve at public auction. Be sure to tour the property at one of three scheduled open houses, read the property information package, ask questions, get your finances in order and be prepared to bid online or onsite. Bidding will be open online through the auction date and you can also choose to bid live online or live onsite in the auction on May 18 at 1:00 pm. Cates representatives will be onsite for tours and available for questions at the open houses on Sunday April 29, May 6 and May 13 from 2:00 to 4:00 pm. Don’t miss this unique opportunity to bid your price. We look forward to your participation in the auction. FAST FACTS: 65 acres m/l All brick true ranch home 3752 sq. ft. total finished living area 2,252 sq. ft. finished living area above grade 1500 sq. ft. finished living area lower level 4 bedrooms, 3 full baths 2-car attached garage 60×60 metal outbuilding with lean-to True one-level living 1-year home warranty included No reserve auction Open houses: Sundays, April 29, May 6, May 13, 2-4 pm Live/online auction: May 18, 2018, 1:00 pm Online bidding open now through the auction date Unincorporated Platte County, Missouri Platte County R-III School District 2017 Real estate taxes $2,953 NEW TO AUCTION? 5 Quick Tips: Research the property and auction terms at www.CatesAuction.com. 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 jeff@CatesAuction.com. We’re happy to help! Bid online. For your convenience online bidding is open and you can bid online at any time day or night in almost any location with an internet connection. Bid live. For your convenience, you can also bid onsite or online during the live auction event. Be prepared to bid and win by registering for the auction, having your finances in order and your earnest money deposit ready. Please call us with any questions.

Auction Information

Name	Private & Picturesque 65-Acre Country Estate
Auctioneer	Cates Auction & Realty Co., Inc.
Type	Live Webcast Auction
Date(s)	4/12/2018 - 5/18/2018
Auction Date/Time Info	Friday, May 18, 2018 at 1:00PM
Preview Date/Time	Sundays, April 29, May 6, & May 13; 2-4PM
Checkout Date/Time	N/A
Location	16055 NW 120th Street Platte City, MO 64079
Buyer Premium	10% of the High Bid
Description	Beautiful, close-in 65-acre estate on paved road w/scenic hill-top views, rolling hills, hardwood timber, fenced & cross fenced pastures, 4 bedroom all brick ranch home, finished w/o basement, 2-car gar., 60x60 metal outbuilding, etc. 65-Acres m/l located just north of KCI & west of I-435 in Platte County, this close-in country estate on paved road offers great highway access, is minutes to shopping, restaurants, hospitals, downtown KC, etc. Bid Your Price Today!

Terms and Conditions

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. Pre Approval Letter is required. 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: 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. 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.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 9,999,999.99	1,000.00 USD

Payment Information

Currency	USD
Buyer Premium	10% of the High Bid
Payment Terms	See Terms and Conditions.

Shipping / Pick Up

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.

Lot # : 1 - 16055 NW 120th Street, Platte City, MO 64079