|ABSOLUTE AUCTION 5 LOTS|
|Overlook Lane Maysville Kentucky|
|05/11/2019 10:30 AM|
ABSOLUTE ESTATE AUCTION
SAT., MAY 11, 2019, 10:30 AM
5 LOTS, 1.102 acres to 3.251 acres
OVERLOOK LANE, MASON CO., KY
Conveniently located just off KY 9 (the "AA Hwy") in eastern Mason County close to the Lewis County line (Lots 1 and 2 as described herein extend to the "AA" Hwy right of way in rear. NOTE: Lot Numbers used for purposes of the auction do not match the lot numbers shown on subdivision plat), lots range in area from 1.102 acres to 3.251 acres, front on a blacktop road, a road that dead-ends a short distance past the subject property. All lots have access to the following public utilities: City water, electric, and natural gas. All lots are shown on survey prepared by Buffalo Trace Surveying, LLC, Travis A. McGlone PLS # 3919, survey titled MINOR SUBDIVISION PLAT FOR R. R. & CATHERINE STANFIELD PROPERTY (LOTS 1-4) dated 11/9/2018 and recorded in Plat Cabinet 3, Slide 131, Mason County Court Clerk Records.
Lots 1 and 2 (again, these lot numbers do not match the lot numbers as shown on survey plat) are located on the south side of Overlook Lane and will be sold subject to restrictive covenants, requiring that the lots be used for residential purposes (horse and cow operations, as well as garden and crop production will be permitted; swine prohibited), a maximum of one dwelling per lot, will prohibit the placement of singlewide and/or doublewide mobile homes, and require that any home constructed on these two lots shall have a minimum of 1200 sq. ft. living area. All lots are zoned COMMUNITY (C).
LOT # 1 - BARN ON 3.261 ACRES (Barn is a six bent barn, center drive-thru, attached enclosed sheds on either side, with built-in concrete block stripping room), gently rolling cropland acreage, good productive soils, excellent homesite, garden, pasture, cropland.
LOT # 2 - 1.254 ACRES gently rolling lot with excellent soils types well suited to garden and cultivation, excellent home-site.
There are 3 lots located on the north side of Overlook Lane. These lots will not be subject to restrictive covenants (meaning that single-wides and/or doublewides would be permitted).
LOT # 3 - 1.102 ACRES
LOT # 4 - 1.105 ACRES
LOT # 5 - 1.210 ACRES
All lots zoned (C) COMMUNITY. All lots are shown on survey prepared by Buffalo Trace Surveying, LLC, Travis A. McGlone PLS # 3919, survey titled MINOR SUBDIVISION PLAT FOR R. R. & CATHERINE STANFIELD PROPERTY (LOTS 1-4) dated 11/9/2018 and recorded in Plat Cabinet 3, Slide 131, Mason County Court Clerk Records.
Order of Sale: The "Barn Lot" will be sold first. Following the sale of the "barn lot', the remaining lots will be offered "choice" with high bidder permitted to take as many lots or whichever lots they so desire. Lots will not be offered in combination. Terms of purchase are cash to seller, no financing contingencies, no contingencies except for transfer by clear and marketable (for purposes of this transaction, a marketable title shall be an insurable title) with purchaser paying 10 percent of the purchase price immediately following sale with balance in full due on or before June 11, 2019. NO BUYER'S PREMIUM.
PROPERTY BEING SOLD TO SETTLE THE ESTATE OF CATHERINE CLARK STANFIELD,
TOMMY STANFIELD EXECUTOR,
KIRK CLARKE ESTATE ATTORNEY.
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;
Member KENTUCKY AUCTIONEERS ASSOCIATION (KAA) and the 2003 KAA Kentucky State Champion Auctioneer
Equal Housing Opportunity Real Estate Broker & Auctioneer
Property (consisting of 5 lots) is located on both sides of Overlook Lane in eastern Mason County, Kentucky. From Maysville US 68/KY 9 intersection: Take KY 9 east (towards Tollesboro approximately 9 miles and turn left onto KY 1237. Go 1/10th mile and turn left onto Overlook Lane. Property is just ahead, both sides of roadway (Lots 1 and 2 on the south side of Overlook Lane; Lots 3 through 5 located on the north side of Overlook Lane).
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NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.