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Auction Dates

Starts: Sat, Aug 10, 2024 10:00AM

Description

ABSOLUTE AUCTION
REAL ESTATE AUCTION * 3-HOMES!

ATTRACTIVE INVESTMENT PROPERTIES
ATTN: INVESTORS & HOMEBUYERS * $2,800.00 PER MONTH!

ALL THREE HOMES WILL BE OFFERED
SEPARATE OR COMBINED!


When: Saturday August 10th, 2024 @ 10 AM

Where: Auction held at St. Paul Lutheran Church Gymnasium located at 211 S. 21st St. Paducah, KY 42003

Subject Property Addresses:
  • Property #1: 1409 H.C. Mathis Dr. Paducah, KY 42003
    • Rent Income: $1,100.00 Recently vacated
  • Property #2: 334 Hays Ave. Paducah, KY 42003
    • Rent Income: $1,000.00 Occupied month to month
  • Property #3: 1922 Broad St. Paducah, KY 42003
    • Rent Income: $700.00 Occupied month to month

Open House Previews of Properties:
  • Saturday August 3rd, 2024
    • 10:00 A.M. – 12:00 Noon
  • Saturday August 10th, 2024 - Day of Auction
    • 8:00 A.M. – 10:00 A.M. with auction starting at 10:00 A.M.

Auctioneer’s note: All three homes with attached fixtures & appliances transfer to new owner/s except for washers & dryers (tenant owned). Any and all personal property in the foreground of images are the sole property of the tenants and is not for sale.

Directions to St. Paul Lutheran Church: Starting from Western Baptist Hospital customer parking lot take KY Ave. east +/- 0.3 miles past Paducah Tilghman High School turning right onto South 21st St. Your destination will be on the right. Signs posted.
Broker co-op with Shea McGuire of Century 21.
REAL ESTATE DESCRIPTIONS:
Property #1: 1409 H.C. Mathis Dr.
Directions to 1409 H.C. Mathis Dr.: Starting from Western Baptist Hospital customer parking lot turn right traveling east onto Washington St. +/- 0.3 miles. Turn right onto S. 28th St. Take S. 28th St. +/- 0.2 miles continuing onto Joe Clifton Drive +/- 0.5 miles. Turn right onto H.C. Mathis Drive & proceed +/- 0.7 miles, your destination will be on the left. Signs posted.

Home Exterior Grounds: +/-100’ x +/-163’ lot size with all utilities available, including water, sewer, and gas. Concrete driveway, sidewalk, and front porch. Mature shade trees, trimmed hedges, wood deck behind home, small fenced in yard for a garden, children, and/or pets.

Home Exterior Overview: Home exterior is a combination of brick and vinyl siding soffit. The front porch consists of concrete slab with covered entry, supported by four fluted aluminum column posts. Roof is long lasting corrugated metal.

Home Interior Overview: +/- 2,277 total sq. ft. under roof, breakdown as follows +/- 2,146 sq. ft. in home, with +/- 131 sq. ft. under porch. 4-bedroom 1.5 bath home with drywall throughout, 8’ ceiling height, carpeting, laminate, and parquet flooring.

Garage Exterior/Interior: +/- 731 sq. ft. under roof. Drive-thru design with two overhead doors. +/-16’ x +/- 7’ raised panel overhead door in front with opener and +/-12’ x +/-7’ raised panel overhead door in rear of garage that leads to alley. Other amenities include 200-amp service, interior walls and ceiling covered with ½ OSB sheathing, one man door, several electrical receptacles, vinyl siding exterior, metal corrugated sheathing on the roof.

Home Interior: Living Room: +/- 21’ x +/- 13’ 4” with three windows, and a ceiling fan. Bedroom #1 with ½ Bath: +/- 17’ 5” x +/- 13’ 6” with ½ bath, two clothes closets, and a ceiling fan. Bedroom #2: +/- 14’ x +/- 9 with one window, clothes closet, and ceiling light. Bedroom #3: +/- 14’ x +/- 9’ with four windows, one clothes closet, and ceiling light. Bedroom #4: 13’ x 13’ with four windows, walk-in clothes closet, and ceiling light. Bathroom: +/- 13’ 6” x +/- 5’ with upgraded fiberglass tub/shower enclosure, commode, and vanity with marble top. Other amenities include a medicine cabinet and built-in linen shelving. Kitchen: +/- 17’ 5” x +/- 13’ 6” large kitchen with plenty of upper and lower kitchen cabinets. Cabinets are white in color with raised panel doors. Over +/- 15’ of countertop prep space with large +/-5’ x +/-2’ 6” island with butcher block style countertop. Other amenities include a Whirlpool stainless steel refrigerator, white Whirlpool gas stove, double-bay stainless steel sink, pantry, window over the sink, and fluorescent lighting. Formal Dining Room: +/-16’ x +/-13’ with masonry fireplace with gas insert, hanging chandelier, and one window. Family Room: +/-19’ 7” x +/-8’ 10” with one window and ceiling light.

Utilities/Utility Room: +/-13’ x +/-5’ 6” upgraded AO Smith 40-gallon gas hot water heater, upgraded central HVAC with York gas fired furnace (air handler) with AHRI compressor unit outside, washer and dryer hookup with vent, 200-amp circuit breaker service panel.


Property #2: 334 Hays Ave.

Directions to 334 Hays Ave.: Starting from Western Baptist Hospital customer parking lot continue west +/- 0.3 miles on South 25th St. Turn left onto US-60 E/US-62 E/Jackson St. Take US-60 E/US-62 E/Jackson St +/- 1.9 miles. Turn left onto Broad St. Take Broad St. +/- 0.5 miles. Turn right onto Bridge St. Take Bridge St. +/- 0.5 miles. Turn left onto Hays Ave. Take Hays Ave. +/- 0.1 miles. Turn left onto Sowell Ave. Take Sowell Ave. +/- 95 ft. Turn right onto Hays Ave. and your destination will be on the right.

Home Exterior Grounds: +/- 40 x +/- 170’ lot size with a small front and side yards with adequately sized backyard, large enough for gathering, children, and/or pets to play. Lawn care is easy to maintain on this property. Curb side parking. All utilities available, including water, sewer, and gas.

Home Exterior Overview: Block foundation with good clearance and easy access in the back. Home exterior consists of vinyl siding, soffit, and gables with long lasting metal roof, gutters with downspouts, covered front porch. Most windows are vinyl composite, white in color. Central HVAC with high efficiency compressor in the back of the house.

Home Interior Overview: +/- 1,782 total sq. ft. under roof, breakdown as follows +/- 1,584 sq. ft. in home, with +/- 198 sq. ft. under porch. 3 bedrooms, 3 baths, 2 kitchens, 8’ ceilings, drywall throughout, engineered laminate flooring, tall baseboards, standard door and window casings.
*Attention: Duplex potential, used as a single-family dwelling.

Home Interior: Living Room: +/-17’ 6’ x +/-15’ with entry door, two windows, ceiling light, and smoke alarms. Kitchen #1 (Eat-In): +/-15’ 6” x +/-14’ with upper and lower cabinets, stainless steel double-bay sink, stainless steel Whirlpool side by side refrigerator, stainless steel gas stove, and ceiling light. Kitchen #2 (Used as a Mudroom/Utility Room): +/-15’ x +/-9’ with upper and lower kitchen cabinets, stainless steel double-bay sink, one window, ceiling fan with light, entry door, washer and dryer hook-up. *Note: Space is available to add refrigerator and stove. Master Bedroom #1: +/-19’ 9” x +/-16’ with two windows, clothes closet, and ceiling lights. Master Bathroom #1: Shower with oval frosted glass, vanity with marble top, medicine cabinet, commode, wall sconce light, light bar over the sink, and linen closet. Bedroom #2: +/-12’ x +/-10’ 9” with one window and clothes closet. Bathroom #2: +/-8’ x +/-5’ with tub and shower enclosure, vanity with marble top, medicine cabinet with light bar, ceiling light with exhaust vent, and commode. Bedroom #3: +/-10’ 6” x +/-9’ 6” with one window, clothes closet, and ceiling light. Bathroom #3: +/-8’ x +/-15’ with shower, vanity with marble top, medicine cabinet, commode, linen closet, and ceiling light.

Utilities: All utilities available, including water, sewer, and gas. Upgraded Weather King gas fired furnace/air handler, Whirlpool 40-gallon gas hot water heater, and electrical panel with circuit breakers.

Property #3: 1922 Broad St.

Directions to 1922 Broad St.: Starting from Western Baptist Hospital customer parking lot continue west +/- 0.3 miles on South 25th St. Turn left onto US-60 E/US-62 E/Jackson St. Take US-60 E/US-62 E/Jackson St +/- 1.9 miles. Turn left onto Broad St. Take Broad St. 0.5 miles your destination will be on your right.

Home Exterior Grounds: +/- 43’ x +/-125 lot size with curbside parking in front with concrete sidewalk leading from curb to front porch of home. Small yard, easy to maintain. Additional parking at the rear of the property.

Home Exterior Overview: Home exterior consists of vinyl siding, clay and white color combination. Poured concrete cellar with brick foundation. Roof consists of 3-tab asphalt/fiberglass composite shingles. HVAC furnace/air handler. Two porches, one concrete porch in the front, with wrought iron handrailing and one concrete porch in the back, with wood handrailing.

Home Interior Overview: +/-1,225 total sq. ft. under roof, breakdown as follows +/- 1,155 sq. ft. in home, with +/- 70 sq. ft. under the porch. 2 bedrooms, 1 bathroom, 8’ ceilings suspended tile, drywall on walls, carpeting, engineered laminate flooring, linoleum, wide trim moldings throughout, vinyl replacement windows.

Home Interior: Living Room: +/-15’ x +/-13’ 5” with three windows and ceiling light. Kitchen (Eat-In): +/-15’ 2” x +/-12’ 9” with two windows, upper and lower cabinets, stainless steel double-bay sink, GE white refrigerator, and Whirlpool gas stove. Bedroom #1: +/-15’ x +/-11’ 3” with two windows, clothes closet, and ceiling light. Bedroom #2: +/-12’ 9” x +/-9’ 6” with two windows, clothes closet, and ceiling light. Bathroom: +/-10’ x +/-5’ with one window, tub/shower enclosure, upgraded vanity with marble top, framed mirror, commode, and ceiling light. Mudroom: +/-10’ x +/-7’ 5” with one window, entry door, and ceiling light.

Utilities/Utility Room: Envirotemp 40-gallon gas hot water heater, washer and dryer hook-up, and electrical panel with circuit breakers.


Terms of Auction:
Real Estate: 15% good faith deposit due day of sale. Balance due in 45 days. 10% buyer premium added to final bid and included in the total contract price.
Open House Previews of Homes: Showings on August 3rd, 2024, between the hours of 10:00 A.M.-12:00 Noon, and day of auction between the hours of 8:00 A.M.-10:00 A.M. with auction starting at 10:00 A.M.
Procedure: Initial procedure determined by auctioneer.
Title: Fee Simple Absolute title delivered.
Deed: Seller will provide a General Warranty Deed.
Purchase Agreement: Successful bidder/s will enter into a purchase agreement contract immediately upon conclusion of the auction.
Possession: Possession given at closing.
Restrictions: Any recorded restrictions (if any) and zoning regulations apply.
Easements: Sale of property is subject to any and all easements of record.
Absence of Warranties & Disclaimers: All information contained herein, and all related materials, are subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on AS IS, WHERE IS basis, no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own inspections, verifications, investigations, inquiries, and due diligence concerning the property. The information contained herein is subject to verification by all parties relying on it. There is no liability for its accuracy. Conduct of the auction and increments of bidding are at the discretion of the auctioneer. The sellers and selling agents reserve the right to preclude any person from bidding if there is any question regarding the person’s credentials, fitness, etc. All decisions of the auctioneer are final.
Auctioneer’s Note: Auction held on site rain, or shine. Any additional terms & announcements made on the day of sale take precedence over printed material or any other oral statements made prior to sale. Auction company or owner is not responsible for accidents.
New Information, Corrections & Changes: Please check for updated information prior to scheduled auction time for changes, corrections, or additions to the herein described property information.

 

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