Property Information Packet
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1 Property Information Packet 709, 711, 713, 715 S. Ellis Wichita, KS AUCTION THURSDAY, MARCH 28TH at 6:00 PM Copyright 2012 McCurdy Auction, LLC 519 N. Oliver Wichita, Kansas Phone Fax
2 Table of Contents PROPERTY DETAIL PAGE SELLERS DISCLOSURE LEAD-BASED PAINT DISCLOSURE WATER WELL ORDINANCE AVERAGE UTILITIES ZONING MAP FLOOD ZONE MAP AERIAL PLAT MAP GUIDE TO AUCTION COSTS This Property is selling in its present condition and is accepted by the buyer(s) without any expressed or implied warranties or representations from the seller(s) or his(her) agent(s). It is incumbent upon the buyer(s) to exercise his(her) own due diligence prior to bidding on this property. It is the responsibility of the prospective purchaser(s) to have any and all inspections completed prior to the auction day including, but not limited to, roof, structure, termite, environmental, groundwater, flood designation, presence of lead-based paint and/or lead-based paint hazards, presence of mold, presence of asbestos, electrical, mechanical, plumbing and any other desired inspections, if any. Information given is from sources deemed reliable but NOT guaranteed by the seller(s) or the Realtor(s) /Auctioneer(s). Announcements made the day of the auction shall take precedence over anything previously stated or printed. There will be a 10% Buyers Premium added to the high bid price to arrive at the final contract price. 2
3 Multi-Family Agent Full Report Page 1 of 2 3/6/2013 Click photo to enlarge or view multi-photos. MLS#: m VT: N Sale/Rent: S Status: Active Style: Side By Side Type: Four to Sixplex Approx. Age: Years Address: 709 S Ellis Basement: None WICHITA, KS Existing Financing: None County: Sedgwick Owner Financing: No Area: 501 TFLA/Src: 2,522/CourtHse Subdivision: # of Units: 4 (Auction) Original Price: $0 Class: Multi-Family # 2 Bedrooms Units: Elem. School: Linwood # 1 Bedrooms Units: 4 Middle School: Mead Year Built: 1940 High School: East Lot Size: LotSize/SQFT: 9100 Auction?: Y General Info Internet Display: Y Address Display: Y Comment Display: Y Valuation Display: Y Legal: Lots Exc S 10 Ft Lot 16 Robertson's 7th Add. Directions: HWY 54/400 & Hydraulic St. - South on Hydraulic to E. Indianapolis St. West on Indianapolis to home. Features Exterior Construction: All Brick # of Stories: One Roof: Composition Floors: Carpet Basement Use: None Basement Finish/Unit: None Heating: Floor Furnace, Wall Furnace/Baseboard Cooling: None Utilities: Natural Gas, Public, Sewer Terms of Tenancy: Month to Month, 6 Months to 1 Year Ownership: Individual Possession: Tenant Rights Proposed Financing: Cash Parking: Street Parking Appliances: Over/Range, Refrigerator Flood Insurance: Unknown Documents on File: Documents Online, Sellers Prop. Disclosure, Other/See Remarks Tenant Paid: Electric, Gas Owner Paid: Lawn Maintenance, Trash, Water/Sewer Taxes & Financing Assumable: N General Taxes: $ General Tax Year: 2012 Yearly Specials: $22.80 Total Specials: $0.00 Gross Income $895 Yearly HOA Dues: HOA Initiation Fee: Earnest Money: SECURITY FIRST TITLE Auction?: Auction Location: 1-Open for Preview?: 2-Open for Preview?: 3-Open for Preview?: Broker Registration Req.?: Earnest Money?: Terms of Sale: Personal Property: Y Auction Info Type of Auction Sale: 170 W DEWEY, WICHITA Y Y Y Absolute 1-Open/Preview 03/24/2013 Date: 2-Open/Preview Date: 3-Open/Preview Date: Broker 5PM PRIOR Registartion BUSINESS Deadline: DAY Earnest amount 3500 %/$: Comments Method of Auction: Live Only Auction Offering: Real Estate Only Auction Date: 03/28/2013 Auction 6:00 PM Start Time: 1-Open 1:00 PM Start Time: 1-Open 5:00 PM End Time: 2-Open 2-Open Start Time: End Time: 3-Open 3-Open Start Time: End Time: Buyer Premium?: Y Premium Amount: Public Remarks: THIS PROPERTY SELLING IN A MULTI-PROPERTY AUCTION CONDUCTED OFF-SITE AT THE WICHITA AREA ASSOCIATION OF REALTORS BUILDING, 170 W. DEWEY, WICHITA, KS (Just east of Gander Mountain in Waterwalk in Downtown Wichita). THIS PROPERTY IS SELLING ABSOLUTE WITH NO MINIMUM AND NO RESERVE!!! All brick 4-Plex with income potential! Monthly rental amounts on the 1 Bedroom Units are as follows: Unit #709 is $300/mo, Unit #713 is $295/mo, and Unit #715 is $300/mo. Unit #711 is vacant and has been completely remodeled in 2013 (new carpet and textured walls.) All other units have tenants. Roof replaced approximately 3 years ago. Floor furnaces have had maintained every year. Exterior trim recently repainted. All units have a utility room with washer & dryer hookups. This property is selling in its present condition and is accepted by the buyer(s) without any expressed or implied warranties or representations from the seller(s) or his(her) agent(s). It is incumbent upon the buyer(s) to exercise his(her) own due diligence prior to bidding on this property. It is the responsibility of the prospective purchaser(s) to have any and all inspections completed prior to the auction day including, but not limited to, roof, structure, termite, wood destroying insects, environmental, groundwater, flood designation, presence of lead-based paint and/or lead-based 10%
4 Multi-Family Agent Full Report Page 2 of 2 3/6/2013 paint hazards, presence of mold, presence of asbestos, presence of radon, electrical, mechanical, plumbing and any other desired inspections, if any. Information given is from sources deemed reliable but NOT guaranteed by the seller(s) or the Realtor(s) / Auctioneer(s). Announcements made the day of the auction shall take precedence over anything previously stated or printed. There will be a 10% Buyers Premium (minimum $1000) added to the high bid price to arrive at the final contract price. This property will be open for previewing one hour prior to the real estate auction or by scheduled appointment. The earnest money amount due at the auction from the high bidder is $3,500. MLS#: Information deemed reliable but not guaranteed--copyright: 2013 by the South Central Kansas MLS, Inc. Prepared by Melissa R. Mosher of McCurdy Auction, LLC on 3/6/2013 1:59:38 PM
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14 Average Utilities Address: Company Amount/month Electric: Water & Sewer: Gas: * Information given is from sources deemed reliable but NOT guaranteed by the Sellers or the Realtors /Auctioneers.
15 709 S. Ellis Ave., Wichita, KS Zoning-B/Multi-Family Printed: 1/30/2013 2:17:39 PM Powered By GeoSmart ft
16 709 S. Ellis Ave., Wichita, KS Flood Zone-X Protected by Levee Printed: 1/30/2013 2:15:45 PM Powered By GeoSmart ft
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19 Guide to Auction Costs THE SELLER CAN GENERALLY EXPECT TO PAY... Half Owners Title Insurance Premium Half of the Closing Fee Real Estate Commission (If Applicable) Advertising Costs Payoff of Loans, Including Accured Interest, Statement Fees, Reconveyance Fees and Any Prepayment Any Judgements, Tax Liens, Etc. Against The Seller Recording Charges Required to Convey Clear Title Any Unpaid Taxes and Tax Proation for the Current Year Any Unpaid Homeowner Association Dues Rent Deposits and Prorated Rents (If Applicable) THE BUYER CAN GENERALLY EXPECT TO PAY... 10% Buyer s Premium (If Applicable) Half Owners Title Insurance Premium Half of the Closing Fee Lender s Title Policy Premiums (If Obtaining Financing) Document Preparation (If Applicable) Notary Fees (If Applicable) Recording Charges For All Documents in Buyer s Name Home Owners Association Transfer/Set Up Fee (If Applicable) All New Loan Charges (If Obtaining Financing) Homeownere s Insurance Premium for First Year All Pre-Paid Deposites for Taxes, Insurance, Pmi, Etc. (If Applicable) 519 N. Oliver, Wichita, Kansas (316) (800)
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