Auction  Details

Proven Trust

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Auction Dates

Starts: Sat, Sep 7, 2019 10:00AM

Description

AUCTION

MAJESTIC GEORGIAN-STYLE HOME!

OUTSTANDING PADUCAH, KY WEST END LOCATION!
EXCITING OPPORTUNITY! BEAUTIFUL HOME FOR AUCTION!
ATTENTION HOMEBUYERS ~ THIS IS A MUST-ATTEND EVENT!

OPEN HOUSE TUESDAY, AUGUST 27TH 5-7 P.M.
AUCTIONEER WILL BE ON SITE TO ANSWER QUESTIONS


Go to the following link for video tour of home and property:  https://youtu.be/-lHF05xD3yo


Highlights include:

Many features true to circa 1925
Beautiful hardwood floors
Spacious rooms with high ceilings
Wide attractive moldings
Built-in sauna in master bath
Brick exterior
Long lasting slate roof
Attractive landscaping with lawn irrigation
Guest home
Basketball court
Close proximity to both hospitals, & much, much more!
Across from Clark Elementary


Also Selling: Furniture, Appliances, Kitchenware, Home Décor,
Lawn/Garden, etc.

When: Auction held Saturday, September 7, 2019 @ 10 A.M.
Where: 103 Sycamore Drive, Paducah, KY 42001

Auction held on site rain or shine.


Directions: Starting @ I-24 Exit 4 KY Oaks Mall exit, take Hinkleville Road/US Hwy 60 east +/- 0.3 miles turning right onto Freidman Lane. Continue +/- 1.2 miles turning right onto Pines Road. Continue +/- 0.3 miles turning left onto Buckner Lane. Proceed on Buckner Lane +/- 1.1 miles arriving at Sycamore Drive intersection across from Immanuel Baptist Church. Home is on the corner of Buckner Ln. & Sycamore Dr. Signs posted.

Real Estate: Consider this gorgeous multi-level 3 BR, 3 ½ Bath brick home w/detached garage & guest home. This stately, Georgian-style home was built in 1925 & still carefully echoes many true to era details w/appropriate modern updates merely accenting its beauty & prestige. Boasting a true step back into time & +/- 4,101 total sq. ft. with a breakdown as follows: +/- 3,181 sq. ft. of living space on the first & second floors & +/- 920 sq. ft. (partially finished) on the 3rd floor. There is plenty of available space for additional bedrooms on the 3rd floor level.


Exterior Overview: Asphalt driveway lined w/mature trees & well-manicured shrubbery wraps around the home providing entrance from both Buckner Lane & Sycamore Drive. Brick paver sidewalk leads from Sycamore Drive to brick steps w/wrought iron railing & continues to the covered front entry. The front entry is adorned w/vintage columns, ornate woodwork, & illuminated overhead glass & door surrounds, all accented by a large hanging chandelier. True to Georgian style symmetrical architecture, this brick home features multiple canopied entrances, decorative concrete headers above each double-hung sash window accented by decorative shutters & 5 dormers complete w/eye-catching pediments adorn the classic Hip roof w/slate shingles. The back of property is equally impressive boasting 2 levels of courtyard nestled among mature shade trees & overlooking a gardener’s dream. The grounds are a beautiful collage of bamboo, oak, magnolia, & dogwood trees complimented by attractive shrubbery & accented by poured concrete curbs, pea gravel, stone edging, & brick pavers. An inviting guest home is nestled among the shade trees behind the home w/the Detached Garage & a basketball court nearby.

Guest Home: +/- 29’3” x +/- 18’10” w/dark musket brown stamped wood grain aluminum siding, 2 entrances, 9 double-hung windows for abundant light, asphalt composite shingled roof, & pea gravel courtyard.

Detached Garage: +/- 30’1” x +/- 20’6” w/brick exterior, 2- 8’ x 7’ overhead doors, 6’ double ingress/egress doors, electric & water services, plenty of receptacles (including 2 GFCI), fluorescent lighting, hip roof w/asphalt composite shingles, & covered potting area on one side.

Basketball Court: +/- 19’ x +/- 12’ x +/- 30’ poured concrete court w/basketball goal

Interior Overview:

Main Home: Gorgeous stained hardwood, carpet, tile, & linoleum flooring w/9’ textured drywall ceilings, 12” crown molding, plaster walls, plentiful large windows, large chair railing & baseboards, true to era floor registers & shaded wall lanterns, wall-mount radiators, hardwood covered staircase w/wooden banisters, ornate woodwork, & decorative newel posts adorned w/beautiful finials. Also true to era, storage nooks abound but perhaps the most desired feature of all is located in the kitchen, the still operational, original 1926 Frigidaire built-in refrigerator w/wooden doors by General Motors!
Main Floor: Foyer: +/- 9’ x +/- 13’ w/gorgeous stained hardwood flooring, 9’ drywall ceiling, textured walls, & Half Bath w/sink & toilet. Family Room: +/- 24’ x +/-16’2” w/9’ textured ceilings, large windows, 12” crown molding, large chair rail & baseboard molding, masonry fireplace w/tile hearth & ornate wooden mantel & surround, candelabra accent lighting, & 4 sets of French doors providing access to: Foyer, Back Courtyard (2 sets), & Sunroom. Sunroom: +/- 11’5” x +/- 16’ w/tile flooring, textured walls & ceiling, numerous windows for natural light, Amana heat pump, & exterior door. Formal Dining: +/- 16’6” x +/- 16’4” w/hardwood flooring, large crown molding, chair rail, baseboard molding, large windows, candelabra accent lighting, & plenty of space for entertaining. Kitchen: +/- 16’5” x +/- 11’ w/sheet goods tile flooring, 9’ ceilings, two entrances, large pantry, prep station, black appliances: Amana refrigerator, Frigidaire built-in oven, Samsung built-in microwave, & Kenmore 5-burner gas cooktop w/exhaust vent, plentiful kitchen cabinets & countertop space, double-bowl stainless sink w/KitchenAid instant hot water, garbage disposal, ceiling track lighting, & the original built-in Frigidaire refrigerator. Laundry Room: +/- 6’4” x +/- 10’6” w/concrete floor & walls, 200 Amp panel box w/breakers, 100 Amp service panel, & Murphy ironing board, cleaning closet with sink.

2nd Floor: Note: All Bedrooms Contain Full Baths
Master Bedroom #1: +/- 16’4” x +/- 24’ w/hardwood flooring, drywall ceiling, plaster walls, crown molding, baseboards, gas log fireplace, radiator heat, 110V window air conditioner, 4 windows, & ceiling fan w/light. Master Walk-In Closet: +/- 11’3” x +/- 16’ w/carpeted flooring, drywall ceiling & walls, baseboards, his & her storage for clothing, & ceiling fan w/light. Master Bathroom #1: +/- 7’ x +/- 9’ w/carpeted flooring, tiled ceiling, wallpaper, tub w/shower, sink w/vanity, toilet, radiator heat, & 3’x 6’ cedar-lined Metos sauna. Bedroom #2: +/- 11’ x +/- 16’6” w/carpeted flooring, 9’ drywall ceiling, plaster walls, crown molding, baseboards, 2 windows, heat register, 110V window air conditioner, & ceiling fan w/light. Bathroom #2: +/- 6’ x +/- 6’3” w/linoleum flooring, drywall ceiling, plaster walls, tub w/shower, sink, toilet, & radiator heat. Bedroom #3: +/- 15’ x +/- 13’ w/carpeted flooring, drywall ceiling, plaster walls, crown molding, baseboards, built-in entertainment center, 110V window air conditioner, radiator heat, 3 windows, & ceiling fan w/light. Bathroom #3: +/- 7’ x +/- 7’ w/linoleum flooring, drywall ceiling, plaster walls, tub w/shower, sink, & toilet.

3rd Floor: Note: Additional Bedrooms Can Be Added on This level
Attic Storage: +/- 14’ x +/- 40’ w/wood floor, drywall ceiling & walls, & 4’ exhaust fan. Center Room: +/- 15’ x +/- 24’ w/carpeted flooring, drywall ceiling & walls, built-in chifforobe, & +/- 5’ x +/- 11’ cedar-lined closet.

Utilities: Boiler heat, York outside air conditioner unit, Paducah Power, Paducah Water & Sewer

Guest Home: Linoleum & carpeted flooring w/painted wood & drywall ceilings & walls throughout. Foyer: +/- 5’5” x +/- 5’2” w/linoleum flooring. Bedroom: +/- 11’10” x +/- 10’ w/linoleum flooring. Bathroom: +/- 5’5” x +/- 5’ w/linoleum flooring, tub w/shower, sink w/vanity, & toilet. Eat-In Kitchen: +/- 12’3” x +/- 10’ w/linoleum flooring, cast iron functional sink, apartment refrigerator, upper & lower cabinetry unit w/small food prep counter & dining area. Multi-Purpose Room: +/- 7’4” x +/- 5’10” w/linoleum flooring. Mud Room: +/- 7’3” x +/- 8’3” w/carpeted flooring, painted wood walls, and ample storage.

Utilities: 100 Amp service, baseboard heat, & window air conditioner unit

HISTORICAL TAX CREDITS AVAILABLE
What is a Historical Tax Credit?

Federal tax credit provides for a dollar-for-dollar reduction of federal income tax liability.

Kentucky tax credit is received as an allocation back in the form of a check at the end of your project!

The dollar value is calculated as a percentage of the qualified rehabilitation expenditures incurred during the course of the project.

The rehabilitation work must be done according to the Secretary of the Interior's Standards for Rehabilitation that ensure the historic character of the building has been preserved.


Historical Facts:
Famous American author and poet Irvin S. Cobb, was a frequent player in poker games held in the guest home.
The ladies who founded the Dogwood Trail did so in a series of meetings held here.
One of the first electric refrigerator models built by Frigidaire can be found inside this home & is still in working condition.
Located at the front of the house are Rhododendrons. Revenue agents dug these up after raiding a moonshine still in Eastern Kentucky.
This land was once referred to as Wallace Park. According to & quoting the “Local & Family History” internet site Wallace Park marked the outskirts of the Paducah city limits; it was quite literally the end of the line. For a nickel, you could ride the rail car from the foot of Broadway to its culmination at the park and then turn around and come back again.
For additional information on Wallace Park go to
https://mclib.net/blogs/history/?tag=wallace-park.
Architect Max Maer, from St. Louis, MO designed & supervised the construction project.
This is one of only 2 homes that existed in this demographic area in 1925. This area was outside of the city limits and it was referred to as country living.

Past improvements made by the current owner:
  1. Microwave oven
  2. Unico AC installed
  3. AC unit on main level
  4. Honeywell HVAC thermostat
  5. Updated kitchen including: cabinets, flooring, refrigerator
  6. Re-covered exterior awnings
  7. Seal coat on exterior concrete
  8. HVAC furnace
  9. Fence
  10. Concord alarm system
  11. Carpeting on stairs
  12. Samsung AC unit installed up stairs
  13. Exterior termite defense system
Personal Property

Furniture: Twin beds w/headboard & frame (2), black vinyl chairs (2), table lamp, wooden bedside vanity, 4-drawer wooden chest, wooden bathroom cabinet, wooden cabinet, round wooden table, wooden display cabinet w/glass front, wooden stool, wooden wardrobe, wooden jewelry cabinet

Appliances: Maytag Centennial washer & dryer, Frigidaire apartment refrigerator, Avanti wine refrigerator, Panasonic microwave, Kenmore dehumidifier, Braun blender, Gevalia coffee maker, & assorted small appliances

Kitchenware: Plates, utensils, dishes, & serving trays.

Home Décor: Wooden cuckoo clock, wall hangings, hurricane lamp, wooden 3 shelf rack/floor lamp combo

Electronics: Sanyo TV, Sharp VCR

Lawn & Garden: Assorted sprayers, large pots, wooden potting bench, stepping stones, pavers

Misc.: 5’ aluminum ladder, shell figurines, figurines from Italy…and more!


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. In addition to the open house on August 27 from 5:00-7:00 P.M., showings are by appointment, or between the hours of 8:00-10:00 A.M. on day of auction.

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.

Personal Property: Cash, credit card or check day of sale with proper ID. 10% buyer premium added to final bid. Kentucky sales tax will apply as required unless tax exempt.

Auctioneer’s Note: Auction held on site, rain or shine. Purchasers will have the following business day (Monday) to remove merchandise, if necessary. 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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