Auction Opportunity: 25.44 +/- Acres and a Beautiful Brick Home in St. Francois County, Missouri
Don't miss this rare opportunity to own a piece of Farmington's finest real estate! This sprawling 25.44+/- acre property at 5221 Westmeyer Road, Farmington, MO 63640 is a true oasis, offering the perfect blend of rural tranquility and modern luxury.
Property Highlights:
- Expansive 25.44+/- acre lot
- Stunning 2,863 sq ft home built in 1995, extensively updated
- 3 bedrooms and 2 full bathrooms
- Prime Westmeyer Road location
- Annual property taxes: $2,600.43
The crown jewel of this estate is the meticulously crafted and recently updated 2,863 sq ft home, built in 1995. This spacious residence features 3 comfortable bedrooms and 2 full bathrooms upstairs and 2 large bedrooms and a full bathroom downstairs, providing ample space for family living or entertaining guests.
Recent Updates:
- New roof and siding installed in 2017
- Sewer system brought up to code in 2018
- New water softener, filtration system, and water heater in 2019
- Upstairs completely repainted in 2021
- Extensive basement renovations (2020-2023) including new flooring, doors, remodeled full bathroom, and new ceiling tiles
- New windows and doors installed in 2023
- Master bathroom completely remodeled in 2023
These substantial improvements ensure that the home is not only beautiful but also efficient and up-to-date, saving you time and money on future renovations.
The surrounding acreage offers endless possibilities for outdoor enthusiasts, hobby farmers, or those seeking to build a family compound. With a generous lot size of 25.44+/- acres, there's plenty of room to expand, create gardens, or simply enjoy the natural beauty of the Farmington countryside.
This exceptional property presents a unique chance to create your own legacy in one of Farmington's most desirable areas. Whether you're looking for a move-in ready family home, a peaceful retreat or a long-term investment, this Westmeyer Road oasis checks all the boxes.
Flexible Purchase Options: This exceptional property is being offered in 5 distinct tracts, providing unparalleled flexibility for potential buyers. You have the opportunity to bid on the entire 25.44+/- acre estate as one unit, or any combination of the 5 offered tracts. This unique format allows you to tailor your purchase to your specific needs and vision, whether you're interested in the stunning home with a smaller parcel of land, multiple acres for development, or the entire estate. Each tract will be clearly defined and priced separately, giving you the freedom to create your ideal property package.
Tract Details:
Tract 1: Approx. 3+/- acres with a 2,863 sq ft Home
Tract 2: Approx. 6.45 +/- acres of mostly pasture with some trees
Tract 3: Approx. 8.21 +/- acres with a pond and barn
Tract 4: Approx. 4.78 +/- acres of pasture- Direct access to Westmeyer Rd
Tract 5: Approx. 3 +/- acres of pature-Direct access to Westmeyer Rd
Ingress & Egress Easement: Tract 2 to allow Ingress & egress access to Tract 1 and Tract 3. Easement is to be shared with owner(s) of tracts 1, 2, and 3.
Bidding Process: Individual tract bidding is now open. Combination bidding will commence at 8:00 AM on August 23rd, 2024.
Property Previews: Interested parties can preview the property and home on Friday, August 9th, from 5:00-7:30 PM and Saturday, August 24th, from 10:00 AM to 1:00 PM.
Online Bidding: Online bidding is open now at westcentralauctionco.com and will remain open until 12:00 PM on Friday, August 30th, 2024.
Auction Features:
Staggered Ending: Our system will close a limited number of lots at a time to ensure a smooth bidding process.
Extended Bidding: Bidding will extend for three to five minutes if a bid is placed within the last three minutes of the auction.
Don't let this once-in-a-lifetime opportunity slip away. Register now to bid on your piece of Farmington paradise!
For more information or to schedule a viewing, contact J.T Morgan @ 573-330-9754
*All information contained within has been gained from sources considered to be reliable. However, bidders are invited to inspect the property and make their own investigations with respect thereto. This sale is subject to all easements, covenants, leases, and restrictions of record. All sales are presumed to be made by the individual judgment of the purchaser. All property is sold on an “As is- Where is” basis with no warranties or guarantees, expressed or implied. All map boundaries are approximate, and photographs used may or may not depict the actual property.
**A Survey will be conducted only if the property is sold in multiple tracts. If purchased as a whole, all tracts together 25.44 +/-ac, the property will not be surveyed.
PROPERTY IS OFFERED UNDER THE SPECIFIC TERMS PROVIDED. PLEASE READ AND REVIEW THE TERMS THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY. IF YOU HAVE NOT READ AND REVIEWED THE TERMS FOR SALE OF REAL ESTATE, DO NOT BID.
AUCTION END TIMES: West Central Auction Company Online Auctions are timed events, and all bidding will close at specified time West Central Auction Company, Online Auctions also have an auto extend feature. Any bid placed in the final 5 minutes of an auction; the auction ending will be automatically extended 5 minutes from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:04. The auto extend feature remains active until no further bids are received within a 5-minute time frame.
ORDER OF SALE: Offering - The real estate will be offered in 5 tracts, as a whole or any combination by the dollar. Bid price + 10% Buyer's Premium = Contract price.
RESTRICTIONS: Subject only to all City of Farmington, St. Francois County and State of Missouri laws, ordinances and regulations. Also selling to all easements of record. Seller is placing no restrictions on the property. The owner does warrant that they have good merchantable title to the real estate and that they will convey the same with a warranty deed, free from all encumbrances, liens or judgments at the time of closing.
AUCTION CONTRACT: Please note that the Auction Contract you will execute within 24 hours of the close of the auction will be drawn up based on the manner in which you bid. You will be closing on property on which you are the successful bidder in the final manner in which you bid at the auction.
WEST CENTRAL AUCTION CO. INVOLVEMENT IN THIS CONTRACT: The seller and buyer hereby agree that West Central Auction Co. is a part of this contract and shall receive compensation as stated in agreement hereto or as stated in listing agreement hereby made a part of.
SPECIAL NOTES: All property is being sold As Is, Where Is with no warranty written or implied by West Central Auction Co. or by the sellers.
SPECIAL INSTRUCTIONS: Any special instructions must be written on sales contract today.
CLOSING COST: Seller will prepare a warranty deed. Seller agrees to furnish at Sellers expense an Owner's Policy of Title Insurance in the amount of the purchase price. Seller and Buyer shall pay their share of the costs of closing.
CLOSING LOCATION/AGENT: Closing agent/location will be provided no later than ten (10) days after the auction date.
TAXES: Taxes will be prorated to the day of closing.
BUYER'S PREMIUM: A 10% Buyer's Premium will be added to your final bid to equal the contract price.
Successful bidder not executing and returning the contract with earnest money deposit within 24 hours of the conclusion of the auction will be considered in default. In the event a winning bidder fails to submit the signed Contract for Sale of Real Estate and 10% of High Bid Price in earnest money deposit, the winning bidder will be charged a penalty fee of $2,500.00 on the credit card provided at auction registration. Additional default remedies are reserved by West Central Auction Company and the Seller as provided in the Auction Terms and Conditions and the Contract for Sale of Real Estate. West Central Auction Company reserves the right to sell to the second-highest bidder in the event the successful high bidder does not comply with the terms of the sale.
LIQUIDATED DAMAGES: If buyer chooses not to close within stated time herein and no written extension has been granted by the seller, the buyer will forfeit all the deposit. If such action occurs, West Central Auction Co. hereby has the right to disperse the deposit as stated in the listing agreement and the buyer has no claims to such money or property being sold. Liquidated damages are to cover cost of auction, cost incurred by seller, labor cost and additional cost of auction as not defined in this agreement.
POSSESSION: Purchaser shall receive possession of property at closing.
CONFIRMATION: Selling subject to owner's confirmation.
All information published, announced or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the seller or the auctioneers. Personal on-site inspection of all property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer or deposit money after its opening tender. This includes but is not limited to public information such as easements, restrictions, zoning, right-of-ways, or any other information that can be obtained as public record in the St. Francois County Court House and the City of Farmington concerning subject properties
West Central Auction Co. is the agent of the seller, and their fiduciary duties of loyalty and faithfulness are owed to their client (the seller).
SERVER OR SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software or any other online auction-related technologies, West Central Auction Company, reserve the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor WEST CENTRAL AUCTION COMPANY SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by West Central Auction Company.