Rita Rose Estate - Absolute Auction

Rita Rose Estate – Absolute Auction

Absolute Estate Auction

Saturday, Sept. 27

Beginning at 10:00 a.m.

We have been authorized to sell the following to the highest and best bidder for the Estate of the late Rita Rose.  All Auctions to be held on the site of the individual properties.

10:00 a.m. - 2520 US 27 North, Cynthiana, KY – Conveniently located brick ranch with a full, unfinished basement and an attached two-car garage situate on a lot containing .84 acres.  Nice covered front and back porches, family room and basement fireplaces, electric radiant ceiling heat, plus a gas heater in the basement.  Three bedroom, one and one-half baths, with a large formal living room and an eat-in kitchen.  Beautiful hardwood floors, maple kitchen cabinets, and a partially fenced back yard.  Current assessed value is $151,570.  OPEN HOUSE:  Sunday, Sept. 14  & 21 from 1 to 3 p.m.

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11:00 a.m. – 509 S. Elmarch Avenue, Cynthiana, KY – One and one-half story frame home with vinyl siding and a covered front porch.  Walk-out basement with one-car garage.  The home has a large eat-in kitchen, a spacious family room, a living room, two second floor bedrooms, and a first floor room that could be used as a bedroom.  Large bath/utility room combination.  Great home or rental property, most recently rented for $550. per month.  Lot is app. .15 acre, with a large open back yard.  At the corner of S. Elmarch and Tolliver Lane.  Current assessed value is $53,395.  OPEN HOUSE:  Sunday, Sept. 14 & 21 from 3 to 4 p.m.

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12:00 Noon – 115 W. Pleasant Street, Cynthiana, KY – Great location at the corner of Pleasant Street and Poplar Street, this was the home of Rita’s Hair Design and Barber Shop.  Five rooms, one and one-half baths, plus a reception/seating area at the front.  Central air, metal roof, vinyl siding and more.  Lot is app. .07 acre, per PVA records, with the home having app. 981 sq. ft. in living space.  Current assessed value is $30,000.  OPEN HOUSE:  Sunday, Sept. 14 & 21 from 4 to 5 p.m.

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Terms of Sale:  10% of the Total Purchase Price paid down on the day of the Auction, with the balance due on or before October 27, 2014.  A 6% Buyer’s Premium will be added to the final bid price for each property to determine the Total Purchase Price.  Each home was built prior to 1978 and may contain lead-based paint.  Prospective purchaser shall have the right to conduct a risk assessment for lead-based paint prior to the auction, with the purchaser waiving the right to any post-auction inspection.

Rita Rose Estate     Linda Tillery, Administratrix     Greg K. Puckett, Emmons & Puckett, PLLC – Estate Attorney

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