2008 Prospect Avenue, Kansas City, MO 64127
TAX ID NO...29-610-22-25-00-0-00-000
Other Structures... Attached Storage Building & Enclosed Front Porch
Property Condition... Fixer Upper Rehab
Community Amenities include: There is a Neighborhood Preservation Division which helps ensure neighborhoods are improved and stabilized to protect property value. Property is walking distance to 4.75 acres Blues Prospect Park (corner Prospect & 20th St.) which has a historical baseball field that was former grounds of the Kansas City Cowboys of the National League, 10 miles from Worlds of Fun Theme Park, in vicinity of 11 fishing lakes, near many schools, including Attucks Elementary, Central Senior High School, Penn Valley Community College, plus an expansive amount of colleges and universities. 23 miles to KCI airport. In area are 8 lodges. For medical facilities, there's Baptist Medical Center, Children's Mercy Hospital, Veterans Hospital, Kansas City Free Medical Clinic, etc. For rehab repair supplies there's Ace Hardware, Home Depot, Lowe's & Kmart. The city's tap water was rated the cleanest among the 50 largest cities in the U.S. with more fountains than any other city in the world, except Rome.
ASSET DESCRIPTION... WHAT IS UP FOR AUCTION?
Rehab, Sold AS-IS, please fully read prior to bidding! Up for auction is 2008 Prospect Avenue, Kansas City, MO. This is a 4BR/1BA 2-Story BRICK home (total of 12 rooms of area) on 0.07 acres sold AS-IS in its current condition. It is a total REHAB that needs alot of work: kitchen, bath, flooring, walls/ceiling repairs, interior paint, and new door locks. It has been suggested as per the inspector that even though the electrical and plumbing are functional, the house could use new shingles or roofing, but asphalt around chimney area will help to seal any leakage that must be maintained. Any house that is historically old requires that Seller let Buyer know that old houses could possibly contain lead-based paint that used to be used back during such time period, therefore Buyer is aware of such possibility, even though Seller has no knowledge of such a condition. Seller shall not be responcible for any repairs that must be done to the property or for any unforeseen conditions of the property that may come up upon the purchase of the property. Buyer shall be responcible for any repairs that must be done to the property. Seller shall not be liable for any repairs that will be needed as this property is being sold as a FIXER UPPER in need of total rehab. Buyer waives the right to conduct a risk assessment of the property's interior prior to the purchase of the property and after the auction has ended with the understanding that the property is sold AS-IS as a FIXER UPPER in need of total REHABILITATION. When deciding to bid, please factor in that Seller is starting the auction at a minimum bid far less than the original purchase price that Seller had purchased the property for, that the property needs alot of work but based on the size of the property and the market value in the area when rehabilitated that value will be regained, and that the majority of other fixer uppers in the area listed for sale by realtors are listed for much more than what this fixer upper will be selling for. If you do not clearly understand English, DO NOT BID ON THIS AUCTION! Currently, the lawn has been getting maintained with a licensed lawncare service that has been mowing the lawn bi-monthly. If you are interested in fixer uppers that have old world charm and much potential: There are a few trees on the property which sits on 0.07 acres that is also what the Buyer is purchasing, trees that do throw some shade towards the back end of the house when the trees are in bloom. The 0.07 acres land is included in the purchase of the 2,052 sf BRICK home. The home features a stairway, arched interior entryway, enclosed front porch, attached storage unit, central location to airport, shops, near schools, walking distance to baseball's historical Blues Prospect Park, 10 miles to Worlds of Fun Theme Park, in vicinity of 11 fishing lakes, & is located in one of Midwest's largest cities. The tax assessor value of this property in accordance with county records values this property AS-IS at $27,234. The after-repair value would be estimated at $72,404-$80,337 based on current comps in the area which recently sold. This would make an excellent total rehabilitation project for those interested in large homes with old world charm. There are no known liens currently, and all county property taxes have been paid up to date, and therefore the BUYER will receive a SPECIAL WARRANTY DEED to become full OWNER of the property under these conditions. Please DO NOT BID unless you have read this entire description and disclosure. DO NOT BID unless you have every intention to make payment for the purchase of this property via PAYPAL. DO NOT BID if you plan to change the terms of the auction. The auction terms are non-negotiable! If you are the highest bidder at the end of this auction and you bid with no intention to pay, you will be liable for damages. DO NOT BID unless you are fully aware that this property is a FIXER-UPPER in need of total rehab. DO NOT BID unless you have fully done due diligence of the condition of the property prior to bidding, not after the auction is over.
VIP TERMS AND CONDITIONS...
You are NOT bidding on the down payment. You are bidding on the full purchase price, not including Buyer's 10% premium and doc fees. You must add premium & fees when paying via Paypal. This is a CASH SALE, in which there will be no OWNER FINANCE. $1000 earnest deposit is due within 24 hours after the auction has ended by making payment via PAYPAL. The balance of the winning bid, $150 processing fees and to record the DEED, plus 10% of the winning bid for premium dues, must be paid no later than 10 days from after the auction end. Please have your financial arrangements in place via PAYPAL. Upon receiving the total amount of verifiable funds via PAYPAL, SELLER will record a SPECIAL WARRANTY DEED transferring the property to the purchaser via COUNTY RECORDER, and that deed will be sent directly by the County to the BUYER. Think before you bid that you are absolutely sure you plan to purchase the property AS-IS with no representation that the property is anything but a fixer upper. Do not bid if you expect the property to be in move-in condition. Do not bid if you cannot follow the terms of this auction. Do not bid if you have no intention to pay for the property if you become the highest bidder. Do not bid if you did not bother to read everything listed herein. Do not bid if you plan to make excuses after the auction of why you really never intended to pay to begin with despite what the terms of the auction listed herein are. Do not bid unless your only intention is to purchase the property and become the owner of the property. At the end of the auction, Buyer must make payment as per the terms of this auction listed herein. Seller will not call the Buyer prior to receiving full payment, nor will the Seller meet up with the Buyer at the house in person. There are no imaginary terms created with this auction, created only by the Buyer without communication from the Seller in agreement to such terms. Buyer agrees to pay via Paypal. Do not come up with some other method to pay after the auction is over. Payment must be made via Paypal or don't bid to begin with! If you do not understand English clearly and cannot understand what's written herein clearly, don't bid to begin with. Buyer agrees to purchase the property AS-IS as a FIXER-UPPER and agrees to process all documentation via mail, not in person, and that is for Seller's protection and privacy. Emails may be conducted to exchange communication. These terms are clearly written right on this page in these auction terms, not in small print on some hidden page, so make sure you don't say later that you never read this or that Seller did not state this.
INSPECTION OF PROPERTY...
Let me make this perfectly clear... SOLD "AS-IS" "WHERE-IS" with no guarantees or warranties expressed or implied. Bidders are required to personally inspect this property by 3-dimensional online preview or drive-by in person prior to bidding for exterior inspection. DO NOT BID, then inspect after the fact as all due diligence is required prior to bidding. BUYER waives all rights to inspect the interior of the property for any pre-existing conditions that may be unknown by SELLER, and agrees to purchase the property as a REHAB in need of total rehabilitation. Buyer may inspect the exterior by driving by the property, or Buyer may waive such right and inspect by 3-dimensional online preview. For a Virtual Tour please copy and paste this entire link into your Browser to do a 3-dimensional online inspection of the property: http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=2008+Prospect+Avenue,+Kansas+City,+MO++64127&sll=37.0625,-95.677068&sspn=29.910058,59.501953&ie=UTF8&ll=39.089585,-94.552202&spn=0.007145,0.014527&t=h&z=16&iwloc=A&layer=c&cbll=39.087678,-94.55199&panoid=R52cOUt2OiJ7Z-N4Cj7tRw&cbp=12,283.93,,0,5
SETTLEMENT REQUIREMENTS... If you are the highest bidder, make sure you pay the deposit of $1,000 via Paypal to the Seller. Seller will email that information to the Buyer. If Buyer does not pay the deposit within the 24 hours, Buyer gives up all rights to purchase the property, and Seller has every right to immediately relist the property as to not waste Seller's time and efforts. This auction also requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction.) There is also a $150 processing fee of paperwork (including preparation efforts, Satellite Aerial Imageries, Purchase Agreement, Notaries, and processing of Deed). These amounts will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller. Buyer will also be responcible to pay an annual property tax of approximately $410 paid to Jackson County, that amount will be due December 2009, paid by the Buyer directly to the County, such property tax is due annually each year in December.
PAYMENT METHOD... Paypal (This is non-negotiable! Paypal is the Settlement Agent being used to process payment.)
HIGHEST BIDDER PLEASE USE THIS LINK... Prior to the end of the auction the payment link will become active. Within 24 hours of end of Auction, highest bidder must use this link to make payments via Paypal, starting with the $1,000 deposit, and use the link again to pay the remaining balance within 10 days. Copy & paste the entire link in Browser, then follow the instructions on the page to forward to Paypal: http://www.abalance.com/2008ProspectAve-KCMO.htm
Update: Originally the wrong zip code was listed (64683), so the correct zip code was added which is 64127.
Update: Architectural Type of Home: The Edwardian period was from 1901-1910 and the Georgian period was 1910-1936. The house was rebuilt and enlarged 1910, a period of Art Nouveau and Art Deco.