Auction Information
Auctioneer Craig A. Stanfield Real Estate & Auction Services 606-301-3350
Auction Date Sep 14 Auction
Location
928 East Second Street
Maysville, KY
Time 10:30AM
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AUCTION * AUCTION * AUCTION


SAT. SEPT. 14, 2019 10:30 AM


928 EAST SECOND STREET,


 MAYSVILLE, KY 41056

     I have been authorized by Kenneth L. Barbour and Regina N. Barbour, Co-Trustees of The Barbour Family Trust U/A/D September 19, 2018 to offer for sale at Public Auction on Sat., Sept. 14, 2019, beginning at 10:30 AM this home located at 928 East Second Street, Maysville, Mason County, Kentucky 41056. Auction to take place at the premises.

     The home consists of a 2 story frame structure offering 3 bdrms. (two upper level bdrms., one main level bdrm.) and 2 baths (one bath each floor), with a living room and kitchen, with a small back porch room. A small sitting room (suited for use as a nursery, game, or toy room, or even as a small office) in the upper level. There is an stairway accessible attic of sufficient height to permit use as a bonus room. The gas furnace and hot water heater are situated in a small one room basement. The main level is served with CH/CA (as is the upper level bath; however the remainder of the upper level is not provided with CH/CA). The home has nice woodwork, pocket doors, impressive fireplace with mirror on the main level, a second nice fireplace in the upper level as well. The upper level bath has a clawfoot tub. There is an inviting covered porch in the front of the home, and a covered deck in the rear. The lot extends from East Second Street to Williams Street in the rear, providing for a rear yard, a storage building, a small shop building (with concrete floor, electrified), and a two car carport offering off-street parking. Deed indicates that lot is 33 feet in width, 156 feet in depth. The rear yard is fenced (stone fence along a portion of one boundary, chain-link fencing along the remainder).

     OWNER: The Barbour Family Trust U/A/D Sept. 19, 2018, Kenneth L. Barbour and Regina N. Barbour Co-Trustees.

     NOTE: The sellers have authorized the sale of this property at PUBLIC AUCTION, with reserve or subject to owner confirmation. HOWEVER the sellers have authorized me to disclose their reserve in advertising. The minimum acceptable bid to purchase the property is $30,000. Provided bidding at auction meets or exceeds the minimum acceptable bid, the property will be sold to the highest and best bidder who's bidder exceeds $30,000. This is a lot of home for $30,000 and has lots of nice details (woodwork, pocket doors, staircase, mantles, not to mention off-street parking, carport, shop and storage building) and while it is not perfect, can make for a fine home.

PROPERTY DESCRIPTION AND LEGAL DESCRIPTION; 928 EAST SECOND STREET, MAYSVILLE, MASON CO., KY 41056

BARBOUR FAMILY TRUST U/D/A SEPTEMBER 18, 2018, CO-TRUSTEES KENNETH L. BARBOUR AND REGINA M. BARBOUR

     REAL ESTATE: Being the same property conveyed to Kenneth L. Barbour and Regina M. Barbour as Co-Trustees of the Barbour Family Trust U/A/D September 19, 2018 by deed of Kenneth L. Barbour and Regina M. Barbour by deed dated the 22nd day of December, 2018, said deed recorded in Deed Book 366 page 550 Mason County Court Clerk Records.

     LEGAL DESCRIPTION - The subject property is further described as follows (legal description from deed referenced above): All that certain lot or parcel of ground lying and being in the Town of Woodville, now part of the South Ward of the City of Maysville, Kentucky and said lot is known and designated on the Plat of Woodville as Lot No. 7 (Seven). Said lot is of record in the Mason County Court Clerk's Office. Said lot has a two story frame home dwelling and other improvements. Same fronting 33' on Second Street and running back 156 feet to Williams Street.

     TERMS & CONDITIONS: The Property is to be Sold upon the following Terms/ Conditions: TERMS OF PURCHASE, REAL ESTATE: Property sold at PUBLIC AUCTION (with reserve, subject to seller confirmation, not an Absolute Auction). NOTE: Sellers have authorized the agent to disclose the reserve in advertising. The reserve shall be the sum of $30,000. Provided that the bid is at least $30,000, the property shall be sold to the highest and best bidder who's offer exceeds $30,000. Purchaser(s) of real estate to place a NON-REFUNDABLE deposit (cash or good check) equal to 10 percent of the total purchase price with contract immediately following sale, with balance due in full with deed at closing on or before the 14 day of October, 2019. Terms of purchase are Cash to Seller: NO CONTINGENCIES OF ANY KIND PERMITTED. Possession with deed at closing. Sellers to maintain insurance on the property through date of closing (including liability as agent/auctioneer is not responsible for accidents); however successful purchaser will have an inherent and thus an insurable interest in the property as of date of sale and is encouraged to obtain insurance immediately upon sale as purchaser will assume risk of loss from under-insurance, lack of insurance, or in the event or case of fire or other disaster. Year 2019 real estate taxes to be payable by the purchaser (NO PRORATION), however any prior years taxes not current and paid shall be payable by the seller. Prospective purchasers are encouraged and advised to inspect the property thoroughly prior to sale as REAL ESTATE SOLD “AS IS” WITHOUT WARRANTY WHATSOEVER -- INCLUDING WITH REGARD TO FITNESS/ MERCHANTABILITY/MARKETABILITY/ DESIRABILITY FOR ANY USE, EITHER EXPRESSED OR IMPLIED. Purchased subject to zoning, right of ways for streets and utilities, local ordinances and restrictions. Further the property shall be purchased by the existing legal description(s), by the boundary and ot by the acre, subject to any facts that may be disclosed by an accurate survey --- however sellers are not responsible for providing for any surveys of the subject property. The home on the subject property was constructed prior to 1978. Therefore Lead-Based could potentially be in evidence. Purchasers concerned about the possible presence of lead-based paint are encouraged to arrange and conduct --- at the prospective purchaser’s sole expense --- any inspections for the presence of Lead-Based Paint they so desire prior to purchase, as purchaser will be required to waive the rights to any contingency relative to any future testing or presence of Lead-Based Paint as a condition of purchase. Purchasers must have performed any and all due diligence inspections of the property prior to purchase, at purchaser’s sole expense --- including but not limited to: Whole House Inspection, Wood-Boring Insect Inspection, Radon Gas Inspection, Lead-Based Paint Presence, Phase I/II/III environmental hazard reports/ surveys, property surveys, appraisal, etc. --- as purchaser will not be permitted any contingencies for any type of testing or results thereof determined after the auction. Contact agent/ auctioneer prior to the auction to arrange inspection/testing. Announcements made date of sale take precedence over printed matter. Payment of down payment for real estate required to be paid to the agent/auctioneer immediately upon conclusion of sale, at SALE SITE, NO EXCEPTIONS. NOTE: Any returned checks shall be subject to a $50 returned check fee (plus expenses of collection), a 10 percent penalty, shall be subject to interest and other expenses to the limit the law permits, and checks will be turned over for prosecution. The AGENT/ AUCTIONEER, as well as staff or employees of agent/ auctioneer, reserves the right to bid on any property sold, however subject to the same terms and conditions as that of any other bidder. NO BUYER’S PREMIUM!

     For terms and conditions, additional photos, aerials, location mapping, directions, surveys, and other information, see our online advertising:

www.auctionzip.com/auctioneer/castanfield

or

www.stanfieldproperty.com

NO BUYERS PREMIUM!!!

Auction Conducted by

CRAIG A. STANFIELD REAL ESTATE & AUCTION

SERVICES

Craig A. Stanfield Real Estate Broker & Auctioneer

2126 W. KY 10, Tollesboro, KY 41189

Phone (606) 301-3350; E-mail: info@stanfieldproperty.com

Websites: www.stanfieldproperty.com

or

www.auctionzip.com/auctioneer/castanfield

EQUAL HOUSING OPPORTUNITY REAL ESTATE BROKER

& AUCTIONEER





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