GONE! No Reserve Auction: 3 Acres in the Village of Oaks/Oakwood | Kansas City MO
Location: 400 NE Englewood Road, Kansas City, MO 64118
The seller of this property has accepted a pre-auction offer and the property has sold. (See auction terms regarding pre-auction offers.) The open houses have been cancelled. Thank you for your interest in this property.
Auction conducted for the Marcia Lloyd Trust.
Beautiful 3 Acre Setting in the Village of Oaks/Oakwood
This 3 acre setting features rolling hills, mature trees and a charming 1930’s, 4 bedroom, 1.5 story home with red tile roof that needs rehab. A unique opportunity to build your dream home on 3 acres or renovate the existing home in the coveted Village of Oaks/Oakwood.
Conveniently located at the NE corner of N. Oak and Englewood Rd. within the North Kansas City School District, this property is close to restaurants, shopping, entertainment, hospitals, etc. and offers easy highway access while also providing the small town feel of a village community and no earnings tax.
This charming 1930’s 1.5 story home is in need of renovation, but could be brought back to the elegance of it’s time or raised for the building of a new home. The existing home features a red tile roof, brick/stucco exterior, original trim and moldings, mahogany doors, hardwood floors, built-in corner china cabinets, sideboard and wall safe, 4 bedrooms, 2 baths, 2 car garage, basement, 2 walk-in attics, covered patio and more!
The 3 Acres
This beautiful 3.16 acre tract consists of 5 lots and features rolling hills, mature trees and room to enjoy the outdoors while having the benefit of city living. Nestle your new dream home back in the trees or renovate the charming 1930’s home back to it’s original grandeur.
Don’t miss the opportunity to bid your price on this unique 3 acre tract in the Village of Oaks/Oakwood! Be sure to tour the property, read the property information package and associated disclosures. You can make an offer in advance of the auction or bid your price in the live onsite/online auction on June 24. We look forward to your participation. If you have any questions please don’t hesitate to call or email us.
3-EASY WAYS TO BUY!
1. BUY IT NOW
Can’t wait for the auction? Call for details about buying a property in advance of the auction.
2. BID LIVE ONLINE
Advance registration required.
3. BID LIVE ONSITE
Attend the auction in person on auction day.
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.
AUCTION TERMS AND CONDITIONS:
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.
The successful bidder(s) shall be required to make a 10% 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 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.
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.
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:
2016 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 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).
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.
At closing a deed restriction will be recorded limiting the use of the property to residential.
Video: 3 Acres in Village of Oaks
I-29 to N. Oak Trfwy, north to Englewood Rd. – on NE corner.