Auction  Details

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Auction Dates

Starts: Sat, Jun 16, 2018 10:00AM

Description

ABSOLUTE REAL ESTATE AUCTION
ATTENTION INVESTORS!

4 RENTAL HOMES, 1 DUPLEX, & 1 BUILDING LOT!
6 TOTAL PROPERTIES ALL IN MAYFIELD, KY 42066

PROPERTIES TO BE OFFERED SEPARATE OR COMBINED BY BIDDER’S CHOICE

Important Note: Auction to be held offsite @ The Mayfield Plaza 1102 Paris Rd. Mayfield, Ky. 42066 beside Plaza Tire & Princess Theaters


Properties:
  • 3 bedroom home @ 210 N. 5th St. Open House 6/12 4:00 to 4:30 P.M.
  • Duplex new construction (unfinished) @ 214 A & B N. 5th St. Open House 6/12 4:00 to 4:30 P.M.
  • Renovated single bedroom home @ 214 ½ N. 5th St. Open House 6/12 4:00 to 4:30 P.M.
  • Vacant building lot +/- 78’ x +/- 152’ @ 215 N. 5th St. Open House 6/12 4:00 to 4:30 P.M.
  • 5/6 bedroom home w/detached garage @ 332 West Water St. Open House 6/12 4:45 to 5:15 P.M.
  • 2 bedroom home @ 604 W. Lee St. Open House 6/12 5:30 to 6:00 P.M.


When: Saturday, June 16, 2018 @ 10 A.M.
Where: The Mayfield Plaza 1102 Paris Road Mayfield, Ky. 42066
Directions: From Graves County Courthouse east on East Broadway 0.1 mile turning left onto N. 5th St. continue 0.1 mile arriving at the 4 properties on 5th St. on both sides of the road. Next, starting from Graves County courthouse travel west on East Broadway 0.4 miles turning right on N. 12th St. Continue 0.4 miles turning left on W. Lee St. arriving at 604 W. Lee St. (The 5th property) on left. Lastly, starting from Graves county Courthouse travel west on East Broadway 0.1 mile turning left on S. 8th St. and continue 0.2 miles. Turn right on W. Water St. and continue 0.1 mile arriving at 332 W. Water St. (The 6th property) on left.




Real Estate:

210 N. 5th St., Mayfield, KY 42066: multi-level 3 Bedroom, 2 Bath home with
+/-1,681 sq. ft. of living & +/- 1,203 in basement

Interior Overview: Laminate, tile, & hardwood flooring w/drywall, plaster, wainscoting, crown molding, & baseboards throughout. Kitchen: +/- 12’3” x +/- 12’6” w/laminate flooring, wainscoting, baseboards w/shoe molding, maple cabinets, double stainless-steel sink, Frigidaire refrigerator, Hot Point electric stove, ceiling tile, & ceiling fan w/light. Bathroom #1: +/- 15’ x +/- 7’ w/tiled floor, vanity, tub w/shower, toilet, washer & dryer hookups. Formal Dining Room: +/- 12’2” x +/- 12’4” w/hardwood flooring, baseboards w/shoe molding, double hung windows, plaster walls, crown molding, & ceiling tiles. Living Room: +/- 15’3” x +/- 13’10” w/hardwood flooring, baseboards w/shoe molding, plaster walls, ceiling tile, ceiling fan w/light, wood burning fireplace w/wood mantle, brick hearth, & brick surround. Sitting Room: +/- 11’2” x +/-12’4” w/hardwood flooring, baseboards w/shoe molding, paneled & plaster walls, crown molding, & ceiling tile. Bedroom #1: +/- 14’1” x +/- 10’11” w/hardwood flooring, baseboards w/shoe molding, ceiling tile, paneled & plaster walls.
Upstairs: Bedroom #2: +/- 14’11” x +/- 13’6” w/hardwood flooring, numerous windows, paneling, ceiling tile, crown molding, & baseboards. Bathroom #2: +/- 5’ x +- 6’ w/vinyl flooring, vanity w/marble top, medicine cabinet w/mirror, tub, toilet, wainscoting, crown molding, & baseboards. Hall: +/- 10’3” x +/- 7’7” w/hardwood flooring, stucco walls, double window, ceiling tile, & baseboards. Bedroom #3: +/- 14’11” x +/- 12’4” w/ hardwood flooring, numerous windows, closet w/shelves & mirror, white brick fireplace, bookcase w/glass doors, stucco walls, ceiling tile, crown molding, & baseboards.

Utilities: Goodman 4-ton gas pack, natural gas, Mayfield electric/water & sewer

Note: 214 A & B (Duplex) & 214 ½ (Home) North 5th St., Mayfield, KY 42066 are both on the same lot and will be sold together
214A & B North 5th St., Mayfield KY 42066: New construction (unfinished) duplex with +/- 1,536 total living with +/- 137 sq. ft. covered front porch featuring identical 2 Bedrooms, 1 Bath living on each side. Lot size +/- 82 ½’ x +/- 198’

Interior Overview: Concrete slab floor with block foundation, engineered trusses,
majority of the heat & air duct, refrigerant lines, electrical & plumbing has been
installed including fiberglass tub & shower enclosures.

Exterior Overview: 4” Dutch lap vinyl siding & soffit, vinyl double hung windows,
dimensional shingles, large covered front porch on concrete slab.

214 ½ North 5th St., Mayfield, KY 42066: Renovated single bedroom home with
+/- 615 sq. ft. of living with +/- 35sq. ft. covered front porch. Lot size (See duplex description above)

Interior Overview: Carpet & vinyl flooring, drywall, & textured ceilings throughout. Living Room: +/- 19’3” x +/- 11’ w/carpeted flooring, drywall, textured ceiling, & ceiling fan w/light. Bedroom #1: +/- 13’2” x +/- 9’6” w/carpeted flooring, drywall, textured ceiling, & ceiling fan w/light. Kitchen/Laundry: +/- 13’ x +/- 9’6” w/ vinyl flooring, Tappan electric stove, Frigidaire refrigerator, maple cabinets, laminate bar, fluorescent overhead light, washer & dryer hookups. Bathroom: +/- 5’ x +/- 7’2” w/pedestal vanity, tub, & shower. 100 amp electrical service with circuit breakers.

Exterior Overview: Vinyl siding & soffits coupled with dimensional shingles.

Utilities: 100 Amp breaker panel, heat pump, Mayfield electric/water & sewer


215 North 5th St., Mayfield, KY, 42066: Vacant building lot +/- 78.5’ x +/- 152’
ready for home or multi-family dwelling. Lot size +/- 78 ½’ x +/- 152’

332 West Water St., Mayfield, KY 42066: multi-level 5/6 Bedroom, 1 ½ Bath home with +/- 1,823 sq. ft. of living, +/- 155 sq. ft. of covered porch &
+/- 24’ x +/- 24’ detached garage. Lot size +/- 69’ x +/- 139’

Interior Overview: Carpet & vinyl flooring w/drywall & paneling throughout. Bedroom #1: +/- 14’3” x +/- 17’8” w/carpeted flooring, walk-in closet, wood windows, drywall, & ceiling fan. Bedroom #2: +/- 16’9” x +/- 11’6” w/carpeted flooring, closet, & ceiling fan w/light. Bedroom #3: +/- 11’2” x +/- 11’4” w/carpeted flooring, paneling, & ceiling fan w/light. Full Bath: +/- 5’ x +/- 6’ w/vinyl flooring, vanity, & cast iron tub w/enclosure. Bedroom #4: +/- 9’ x +/- 9’3” w/carpeted flooring, closet, & ceiling light. Utility Room/Half Bath: +/- 15’ x +/- 9’5” w/vinyl flooring, washer & dryer hookups, shower, & toilet. Kitchen: +/- 12’3”x +/- 21’8” w/painted paneling, cabinets, Maytag electric stove, & Estate side-by-side refrigerator. Living Room: +/- 14’4” x +/- 15’3” w/floating laminate flooring, & closet.
Upstairs: Bedroom #5: +/- 11’6” x +/- 14’8” w/walk-in closet. Bedroom #6: +/- 9’6” x +/- 14’8”

Partial Basement: +/- 12’9” x +/- 16’6” w/40-gallon gas water heater & aquifer water filter system by Conklin Company serial #4676 model #036400

Detached Garage: Post construction consisting of +/- 24’ x +/- 24’ w/+/- 9’10” ceiling, concrete floor, 12’ x 9’6” overhead door, electrical present, & walk-in entry.

Utilities: Mayfield electric/water, central HVAC w/natural gas heat, sewer, 100 amp service


604 West Lee St., Mayfield, KY 42066: 2 Bedroom, 1 Bath home with +/- 856 sq. ft. under roof. Lot size +/- 47’ x +/- 79’

Interior Overview: Hardwood & tiled flooring w/drywall throughout. Living Room: +/- 13’6” x +/- 13’6” w/hardwood flooring, drywall, textured ceiling, & ceiling fan w/light. Bedroom #1: +/- 11’9” x +/- 13’6” w/closet. Bathroom: +/- 8’x +/- 7’ w/tiled flooring, vanity, tub, shower, & toilet. Kitchen/Laundry: +/- 13’4” x +/- 8’3” w/hardwood flooring, maple cabinets, Frigidaire refrigerator, GE Spectra smooth-top range, Maytag dishwasher, & washer & dryer hookups. Bedroom #2: +/- 13’6” x +/- 9’5” w/hardwood flooring & exit door to walk-out deck.

Exterior Overview: 4” Dutch lap siding, vinyl windows & soffit

Utilities: 100 Amp electrical box, Goodman gas pack serial #132407OM41AC, natural gas, city sewer & Mayfield electric/water


Terms of Auction:

Real Estate: 20% good faith deposit on single home or single lot purchases, 15% good faith deposit on combinations of 2 or more property purchases 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 times are listed above or between the hours of 8:00 A.M.-9:30 A.M. on day of auction with auction starting at 10:00 A.M. @ The Mayfield Plaza 1102 Paris Rd. Mayfield, Ky. 42066 beside Plaza Tire & Princess Theaters.

Procedure: Initial procedure determined by auctioneer.

Title: Fee Simple Absolute title delivered.

Deed: Seller will provide a 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. Errors and/or omissions insurance are assumed by the seller or the auction company. 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 announcements made day of sale take precedence over printed material or any other oral statements made. 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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