November 21, 2019 - 1301 Ridgemoor Trail, Bull Valley, IL 60098 - Online Real Estate Auction

November 21, 2019 - 1301 Ridgemoor Trail, Bull Valley, IL 60098 - Online Real Estate Auction

Build your net worth with this 5BR, 8BA, 10,000+SF home. It boasts impressive craftsmanship & functional luxury in Bull Valley, IL.

  •   Oct 17 @ 8:00PM CDT (Start)
  •   Nov 21 @ 7:07PM CST (End)
  •   Add to Calendar
ONLINE REAL ESTATE AUCTION
ONLINE REAL ESTATE AUCTION
1301 Ridgemoor Trail, Bull Valley, IL 60098

The home’s interior begins with an entrance through custom doors with leaded glass windows into an inviting open foyer. From there you can enjoy the open, appealing, and comfortable living spaces…from the sizable living room with grand arched windows to a welcoming family room with fireplace and wet bar. Coffered ceilings, 2-inch-thick solid arched cherry doors, and custom carpets throughout the house start to speak to the quality of craftsmanship and detail put into every area of this home. The home includes a standout office with paneled mahogany walls, a spectacular custom chef’s kitchen, and Fine Art lighting fixtures are featured throughout the home. Hand painted wall murals and arched dome ceiling adorn the formal dining room. Stop by the wine cellar on your way to the home theater and media room …enjoy one of the outside fireplaces while listening to the sounds of nature…or exercise in the spacious fitness room to begin your escape from the doldrums of daily life. This is 10,000+ square feet of home to live and work in…not just reside in.

There are five bedrooms (all suites) with plenty of custom closet space and eight baths in all; including an expansive guest suite on the upper level that allows for extended visits. The property boasts a custom outside kitchen area next to the flowing, yet tranquil, waterfall with pond feature off the backside patio. There is a four-car attached garage, and below it, similar square footage to handle all your storage needs. The grounds extend to numerous acres of prairie and forest, all part of a conservatory to ensure a lifetime of uninterrupted natural views.


Aerial Video: https://youtu.be/C7Tm4k0yNdI

3D Virtual Tour:  https://my.matterport.com/show/?m=VMdZRzSNSN9

Floor Plans for All 3 Levels:  See PDF in documents.

Surveys: See PDFs in documents.

Inground Irrigation Zone Map: See PDF in documents.

Landscape Plan: See PDF in documents.

 
Astro Zoom Video: https://youtu.be/kbo-uTbHPh8

Wire Transfer Instructions: See PDF in documents.

PREVIEWS:
Saturday, November 2, 2019 from 1:00pm - 2:00pm
Sunday, November 10, 2019 from 1:00pm - 2:00pm
Saturday, November 16, 2019 from 1:00pm - 2:00pm

AUCTION END DATE:
Thursday, November 21, 2019
(auction starts to close at 7:07 P.M.)

Pre-Auction Offers Considered (you could be in this home by the holidays)

This property located in the Sanctuary of Bull Valley is part of an amazing 300-acre development featuring unique homesites in a conservation community surrounded by prairies and forest. This property has the best views in the whole development. Proximity to the charming City of Woodstock, Illinois, means homeowners benefit from excellent schools, shopping and amenities as well as city sewer and water.

Please visit sanctuaryofbv.com for an overview of this community and the covenants and guidelines designed to maintain and protect its homeowners and natural beauty. Homeowner association fees for 2019 were $1,340.00 and are paid.


Please see the Terms and Conditions of this auction for the complete details regarding it.  This is an ONLINE public auction and is NOT a foreclosure auction. Title is guaranteed to be free and clear from all liens and encumbrances. This auction has a $250,000 opening bid – each bidder must place a $50,000 deposit (sent by wire transfer only) with Beloit Auction & Realty at least 72 hours before the start of the auction and must register on our online bidding platform in order to bid (approval to bid will be granted once we have verified the deposit). This deposit will be placed in our trust account and becomes the non-refundable earnest money deposit for the winning bidder of the auction. Balance due at closing within 30 days (certified funds, cash, or financed through lender). All other bidders will be refunded/sent their deposit back by wire transfer the next day (the day after the auction ends). Each bidder is assigned a unique bidder number. In consideration of being allowed to participate in this auction, bidder agrees that all bids he or she submits are irrevocable and binding. Pre-auction offers will be considered (auction is subject to prior sale).  

Property Features:
* French Country Chateau style home surrounded by prairie and woods in a unique conservation community
* Nearby to the City of Woodstock & Metra train station
* 10,000+ square feet of living space
* 5 bedrooms (all are suites) / 8 baths
* 1.38 acres
* 4 car attached and heated garage
* Spectacular chef's kitchen with Wolf range & double oven, pot filler faucet, Subzero refrigerator, custom kitchen island, and granite counter tops
* 10-foot ceilings
* Wine Cellar
* Radiant heated floors in all bathrooms, all lower level floors (except the Wine Cellar), and the garage
* Tiled slate roof with copper gutters and downspouts
* Expansive guest suite on upper level
* Custom carpets throughout the home included
* All appliances, electronics, and artwork remaining in the house are included
* 2 indoor fireplaces and 2 outdoor fireplaces
* Home theater and media room includes AV equipment
* Fitness room with interlocking floor mats and Bowflex Revolution Home Gym
* Lower level with walkouts
* Professionally landscaped with inground irrigation & lighting
* Natural light throughout the home
* Brick paver driveway
* Professional landscaping includes various trees, shrubs, and perennials
* Central vacuum system
* Utility room houses water softeners, reverse osmosis, dehumidifier, fresh air intake ventilation, and radiant heat systems
* Intercom system
* Security system
* Invisible Fence (pet boundary system)
* 2018 taxes - $28,613

 

Floor plans - 1301 ridgemoor trail, bull valley, il

Floor Plans - 1301 Ridgemoor Trail, Bull Valley, IL

Plat of survey 3-13-2006

Plat of Survey 3-13-2006

Plat of amendment for deed restricted open space 6-26-2007

Plat of Amendment for Deed Restricted Open Space 6-26-2007

Irrigation zone map

Irrigation Zone Map

Landscape plan

Landscape Plan

1301 ridgemoor trail, bull valley - buyers addendum a - terms and conditions

Buyer's Addendum A - Terms and Conditions for 1301 Ridgemoor Trail, Bull Valley, IL

Beloit auction - 1301 ridgemoor trail, bull valley wire transfer information

Wire Transfer Instructions from Beloit Auction - 1301 Ridgemoor Trail, Bull Valley, IL
ADDENDUM A - TERMS & CONDITIONS AGREEMENT FOR REAL ESTATE AUCTION
  1. This is an ONLINE public auction and is NOT a foreclosure auction. Title is guaranteed to be free and clear from all liens and encumbrances. This auction has a $250,000 opening bid – each bidder must place a $50,000 deposit (sent by wire transfer only) with Beloit Auction & Realty at least 72 hours before the start of the auction and must register on our online bidding platform in order to bid (approval to bid will be granted once we have verified the deposit). This deposit will be placed in our trust account and becomes the non-refundable earnest money deposit for the winning bidder of the auction. Balance due at closing within 30 days (certified funds, cash, or financed through lender). All other bidders will be refunded/sent their deposit back by wire transfer the next day (the day after the auction ends). Each bidder is assigned a unique bidder number. In consideration of being allowed to participate in this auction, bidder agrees that all bids he or she submits are irrevocable and binding.
  2. Pre-auction offers will be considered (auction is subject to prior sale).
  3. Disclaimer & Absence of Warranties: All properties are sold “AS IS, WHERE IS’ with no financing, inspection or other contingencies to sale. No warranty or representation either expressed or implied, concerning the property is made by the Seller or the Auction Company. All information contained in this information packet and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. All sketches and dimensions in any brochure or marketing are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company.
  4. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. All decisions of the Auction Company are final. Any dispute between the Auction Company/Auctioneer and buyers will be dealt with through arbitration in Rock County, Wisconsin. By bidding on the property at auction, buyer agrees to all terms and conditions set forth as well as those set at the beginning of the auction.
  5. This is a Buyer’s Fee Auction. A buyer’s fee of 10% plus the high bid shall equal the total purchase price. This Auction has a minimum opening bid of $250,000.
  6. The successful bidder will be required to sign an Offer to Purchase Agreement, Illinois Residential Real Property Disclosure Report, and this document, Addendum A – Terms & Conditions Agreement for Real Estate Auction, by 2:00 p.m. on Friday, November 22, 2019.
  7. The winning bidder’s $50,000 deposit becomes the non-refundable earnest money deposit towards the purchase of this property and will be applied to the purchase price at time of closing. Buyer agrees to close with the balance of the purchase price due and payable at closing on or before Monday, December 23, 2019. Closing will be conducted near the property at a Chicago Title Insurance Company office.
  8. Changes, corrections, and new additions: please check our website and the auction you are interested in prior to the scheduled auction time to inspect any changes, corrections, or additions to the property photos and information.
  9. Seller to provide title insurance. Buyer acknowledges that buyer is responsible for any and all closing costs pertaining to the buyer’s side of the HUD Settlement Statement (Closing Statement), these costs may include, but are not limited to, the recording of closing documents, mortgage closing costs, and the balance of the sale between buyer and seller.
  10. Agency: Beloit Auction & Realty Inc. represents the Seller(s) only and does not inspect properties on bidder’s behalf. Potential buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction.
  11. Buyer’s Agency Agreement: All bidders are responsible to notify auctioneers of any potential buyer’s agency agreement(s) in place before registration and bidding on the auction at least 72 hours prior to the start time of the auction.
  12. Although not required, if a buyer chooses to work with a real estate broker/agent, that broker/agent must complete the "Broker/Agent Co-Broker Acknowledgement Form." Find this form at: https://www.beloitauction.com/learn/brokers-agents/ A cooperating firm commission is contingent upon, and will ONLY be paid to the broker/agent if the broker/agent attended the first property showing their bidder/buyer attended and registered their name alongside of their bidder/buyer on the sign-in sheet, the online “Broker/Agent Co-Broke Acknowledgment Form” is completed online and received by the auction company at least 72 hours prior to the start time of the auction, and if the real estate broker/agent's bidder/buyer has placed at least one bid 72 hours prior to the start time of the auction, no exceptions.
  13. If a bidder is the winning Buyer and refuses or fails to complete the transaction for ANY reason (including, but not limited to, remitting the total purchase amount), Buyer shall relinquish ANY right to complete the transaction and shall have no rights or interest in the property, as well as forfeit all deposit monies as liquidated damages to Seller. PLEASE BE ADVISED: Various state statutes give Seller the right to pursue legal action against bidders who refuse to complete transactions. This may include (but is not limited to) suit to compel completion of the sale, and/or criminal charges of fraud or other intentional act.
  14. Beloit Auction & Realty cannot, and will not, be held responsible for any interruption in Internet, website, or online auction bidding platform service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of our website or online auction bidding platform service. You are advised to bid early instead of waiting until the auction starts to close to ensure your bid is taken. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. Beloit Auction & Realty, in its sole discretion, may void any sale, temporarily suspend bidding, and re-sell any item(s)/lot(s) that were affected by any malfunction. The decision of Beloit Auction & Realty is final.
  15. Bidder agrees to the above terms and conditions of the auction prior to bidding on the auction. These terms and conditions are made part of the offer to purchase.