Executive Home Auction: Gorgeous 5 Bedroom Custom-Built Home | Overland Park, KS
For Sale at Online Auction to the Highest Bidder Over Seller’s Reserve of Only $495,000! Originally Listed at $895k!
Ends: 10/11/18 at 3:00 PM CDT
OPEN HOUSE: SUNDAYS, SEPT. 23RD AND SEPT. 30TH; 2-4PM
12203 W 139th Terrace, Overland Park, KS 66221
MAIN LEVEL: Enjoy gracious one-level living with ample room for formal entertaining and casual living. The spacious owner’s suite is a perfect retreat and is also convenient to laundry, gourmet kitchen and more.
ENTRY: Stamped concrete sidewalk lined with boxwoods leads to an impressive front door with arched leaded glass windows and coordinating sidelights. Grand two-story foyer with slate tile floor, new paint, and sweeping curved staircase featuring elegant custom iron work and newly stained stairs with carpet runner. Stunning center fixture. Lighted art niches. Slate tile floor.
DINING ROOM: Arched entries balanced by stately architectural columns. Freshly painted hand-textured walls with crown molding. Floor-to-ceiling bay windows. Arched lighted recess with built-in buffet. New textured carpeting.
STUDY: Vaulted ceiling. Wall of built-ins featuring triple arched bookcases with crown molding. Double window with arched mullion and wood plantation shutters. Wall sconces and in-wall speakers. French doors from foyer. Textured carpet.
KITCHEN: Newly finished custom cabinetry, granite counters with tumbled tile backsplash. Upgrades include appliance garage, Lazy Susans, hidden trash, under-cabinet lighting and more. Samsung SS side-by-side refrigerator/freezer with in-door dispenser (and dual entry refrigerator doors). Dacor 5-burner gas counter-top range and built-in oven. Striking angled island in contrasting paint/countertop with granite service counter (seats 5+), new pendant lighting, Bosch SS dishwasher, veggie sink, and lots of storage. Sizable L-shaped walk-in pantry. Hardwood floor.
BREAKFAST ROOM: Bayed wall with floor-to-ceiling windows to the south and west. Crown molding. Open to kitchen and hearth room with access to deck. Hardwood floor.
HEARTH ROOM: Marvelous floor-to-ceiling slate fireplace (gas insert) framed by expansive arched insets with built-in cabinetry and media platform. Handsome boxed beam ceiling w/ceiling fan. Triple floor-to-ceiling windows overlooking deck and backyard. Built-in desk/work area. In-wall speakers. Hardwood floor.
POWDER ROOM: Single vanity w/stone counter, Kohler decorative toilet, hand-finished walls, slate tile floor.
MUDROOM/LAUNDRY: Lots of built-in storage, laundry chute and compartment from up-stairs bedroom, full-sized sink, washer & dryer hookups. Direct entry from driveway. Slate tile floor.
MAIN DECK: South facing, overlooking wooded greenspace. Composite flooring with decorative iron railing. Outdoor audio. Access to master suite deck.
MASTER SUITE: Truly a personal retreat. Double-door entry with glass transom. Large sitting area with slider doors to large balcony with stone fireplace/pit (gas) and stamped concrete floor. Main bedroom area features tray ceiling w/lighted ceiling fan, crown molding, large bay windows overlooking backyard, in-wall speakers and cozy corner fireplace with tile surround. New textured carpet.
MASTER BATH: Private toilet room with Toto Washlet heated bidet, window, and cabinets. Jetted tub with hand spray, tile surround and large arched glass brick window and arched ceiling. Dual vanities with center linen storage and media cabinet. Walk-in tiled shower with full body spray, bench and curved glass-brick wall. His and hers walk-in closets with built-ins and automatic lighting. In-ceiling speakers. Tile floor with “Suntouch” warming system.
GARAGES: 3-car garage with lots of natural light, pegboard wall, and plenty of room for storage or work areas. Additional smaller garage for golf cart, equipment, and toys with separate entry from driveway.
UPPER LEVEL: The dramatic curved stair leads to the upper hall where three spacious bedrooms and a large office enjoy fresh paint and lots of natural light.
OFFICE: Large built-in desk and work area with upper cabinets. Perfect for hobby, homework, home office, or additional bedroom. Dual pocket doors. Walk-in attic. Triple windows overlook back yard. Carpet.
BEDROOM 2: Double window with arch transom and window seat flanked by wall of bookcases. Lighted ceiling fan. Walk-in closet with auto lighting and lots of built-in shelving. Carpet. PRIVATE BATH with wide solid surface single vanity, tiled shower/tub combo, tile floor.
BEDROOM 3: Box ceiling with lighted ceiling fan. Triple windows and fixed display shelves. Sitting area with built-in dresser drawers. Walk-in closet with built-ins and auto lighting. Two windows overlook the backyard. Carpet. Access to Hollywood bath with private vanity. Large, walk-in attic for additional storage.
HOLLYWOOD BATH: Large private vanities for bedrooms 3 & 4. Shared toilet and tiled shower. Laundry chute. Tile floor.
BEDROOM 4: Boxed ceiling with lighted ceiling fan. Double window and fixed display shelves. Oversized walk-in closet with auto lighting and walk-in attic access. Carpet. Access to Hollywood bath with large private vanity. Enormous walk-in attic space for additional storage.
LOWER LEVEL: Distinctive curved stairway opens to more entertaining and living spaces with stacked stone and slate tile accents. The large walk-out basement features double fireplace, media and gaming areas with a large bar along with private in-law or guest quarters.
MEDIA AREA: Wall of built-in bookcases and cabinets with Hitachi Ultravision Digital large-screen TV. In-wall speakers. Textured carpet.
GAME/ENTERTAINMENT AREA: Currently configured for billiards and featuring an impressive full-wall fireplace of extra large stone slabs and semi-circular hearth. Wall of windows with plantation shutters. In-wall speakers. (Includes pool table with table lighting.) Textured carpet.
DINING/CONVERSATION AREA: Fireplace with granite tile surround and painted mantel. Large windows with plantation shutters on two walls. Opens to the bar. Carpet.
KITCHEN/BAR: Stone tile countertops with bar seating for 4+. Dual Sanyo under-counter refrigerators, Frigidaire dishwasher, Ceran 2-burner smooth-top cook surface, bar sink. Freshly painted cabinetry with ambient lighting and wine service. Space for full-sized refrigerator. In-ceiling speaker. Slate tile floor.
PATIO/TERRACE: Walk-out to patio with curved stone sidewalk to delightful columned grape arbor, stone terracing, and tree lined backyard with firepit. Follow the path to the bike, walking trails, parks and state-stocked pond. Exterior, state-of-the-art speakers.
HALF-BATH: Antique French-style commode vanity with stone tile counter, inset sink, and wall-mounted fixtures. Slate tile floor.
IN-LAW QUARTERS: Comfortably sized and well-appointed with easy access and full privacy.
BEDROOM/SITTING ROOM: Bay area, windows on two walls, carpet.
BATHROOM: Shower, clawfoot bathtub, floating pedestal sink, glass brick window, bead board wainscoting, tile floor.
CLOSET/LAUNDRY: Large walk-through closet w/built-in shelving and integrated stacked Kenmore W/D and storage access.
KITCHEN: GE gas oven/stove, Frigidaire compact dishwasher, Maytag refrigerator/freezer, granite counters, window. Access to hidden sump pump with battery backup system. Tile floor.
STORAGE & SAFE ROOM: Accessed from main area or in-law quarters. Includes access to media. Safe room is fully encased by structural concrete with steel door access.
- Virtually maintenance-free! Stucco, brick, and stone exterior with composite deck.
- Freshly painted interior (including main floor ceilings!)
- New main floor carpet (master bedroom and formal dining)
- Rheostat lighting throughout main floor.
- Exceptional lot backing to trees and trails, miles of state-maintained trails, creeks, ponds and a private firepit.
- Private in-laws quarters in walk-out basement
- Whole house audio
- Arches, columns, and upgraded millwork throughout
- Bullnose edging and artisan finishes
- Radionics security system
- Irrigation system
- 3-zoned HVAC
- Built in 2002
- 6,703 sq. ft.
- 1-year home warranty included!
This remarkable home has been refreshed and updated to make the most of its spacious light-filled rooms. Extraordinary workmanship is found on all three levels with unexpected features like two fireplaces in the master suite, heated master bath floor, private in-law quarters, three kitchens, whole house audio (inside & out) and so much more! The seller has chosen auction to expedite the sale and set his reserve at only $495,000! (Originally listed at $895,000). Take it all in at an open house event, then log on and bid your price for this luxurious home.
“ONLINE ONLY” REAL ESTATE BIDDING
AUCTION TERMS AND CONDITIONS
Proper and complete online registration is required to bid. All bidders must provide name, address, phone number, and email address to register. A credit card (MC, Visa or Discover) is required to actually place a bid on the property. The credit card will be validated before bidding access is granted, but is not a recognized form of payment of the deposit or purchase price. Should a Winning Bidder fail to complete the contract signing process, the required deposit will be charged to the credit card provided at registration. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Bidders may register prior to, or during the bidding period. At registration bidders are given the option of receiving emails confirming their individual bids and/or when they are outbid.
All bidding in this auction is being conducted online. (If you need assistance placing a bid or prefer to submit a bid in person, please call our office for assistance. 816-781-1134) To place a bid, bidders enter their “maximum” bid and click the “Place Bid” button. Each time that bidder is outbid by another bidder, the system will automatically bid on their behalf at the established bid increments up to their maximum. In the case of an auction with a reserve, if the max bid amount entered is less than the reserve, the system will place the bid at the max amount. Once the system displays that the reserve has been met, then it will advance the bid (by the bid increments) only when the bidder is outbid by another bidder, up to the bidders max. The Auctioneer does not know any bidder’s maximum bid. The system will not advance a bidder’s own bid. Online-only auctions utilize the “Soft Close” feature that automatically extends the bidding time if a bid is received in the last 2 minutes of the published bidding period. The extensions will continue until 2 minutes have lapsed without any bidding activity, at which time the auction is concluded.
A buyer’s premium of ten percent (10%) of the high bid shall be added to that bid and included in the total purchase price to be paid by the successful bidder(s).
Sample calculation — High bid = $50,000
Buyer’s Premium = $ 5,000 (10% of 50,000)
Total purchase price = $55,000
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.
At the conclusion of the auction the Winning Bidder will receive an email and/or phone call confirming his or her winning bid status. In this or a subsequent email the Winning Bidder will receive a link to sign all documents electronically along with wiring instructions for submitting the required earnest money deposit to the named title company. Should the electronic processes described above be unavailable, alternative arrangements will be made. In any event, the contract signing and deposit payment process must be completed by close of business on auction day. A Winning Bidder whose documents and deposit are not received within the required time frame is subject to paying a liquidated damages amount equal to the down payment (charged to the credit card used at registration) and will not be allowed to bid in any future Cates Auction & Realty auction events. Note that property-specific purchase documents are available prior to the auction end date and any professional reviews of such documents should be undertaken PRIOR to bidding. All final bids are subject to Seller’s reserve, unless advertised otherwise. Any property with a high bid exceeding the Seller’s reserve will be declared “sold” by the Auctioneer. In instances where the seller’s reserve was not met in the auction, the signed contract and accompanying deposit will be presented to the Seller for approval, which shall be given or denied in the Seller’s sole discretion within 5 business days. If approval is denied, all documents and the deposit will be returned immediately.
DOWN PAYMENT (DEPOSIT):
The Winning Bidder shall be required to make an earnest money down payment equal to five percent (5%) of the total purchase price. This deposit must be received by wire transfer (or by certified funds), by close of business auction day. Winning Bidders whose documents and deposit are not received within the required timeframe are subject to paying a liquidated damages amount equal to the down payment (charged to the credit card used at registration) and will not be allowed to bid in any future Cates Auction & Realty auction events.
The Winning Bidder shall close within 45 days of the auction date, unless stated differently in the Purchase Agreement.
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.
Cates Auction & Realty Co., Inc. and its representatives are Exclusive Agents of the Seller.
A commission of 3% of the high bid (unless a different percentage is stated in the property’s MLS listing) 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 end date.
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 information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). This property is available for and subject to sale prior to auction.
As exclusive agents for the Seller, the Auctioneer has a fiduciary obligation to present any and all offers to the Seller. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all auction terms and be submitted to the Auctioneer on the Real Estate Sale Contract along with the required deposit. Properly submitted offers will be presented to the Seller, who may accept or reject such offer in their sole and absolute discretion.
We hope you enjoy bidding in the online auction!
I-435 to US 69 South to College Blvd., west to Quivira Rd., south to 139th Terrace to 12203 on the left.