Lot # : 1 - Multiple Structures Located on 5± Acres

Live Webcast Auction
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High Bid: 22,500.00 USD
10 Bids
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Woodward, OK 73801
Date(s)
6/27/2024 - 7/17/2024
AUCTIONEER INFORMATION
Catalog
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Bidding Notice:

ON-LINE REGISTRATION MUST BE COMPLETE AT LEAST 24 HOURS PRIOR TO SALE DAY. Smith & Company Auction & Realty, Inc. is not responsible for any errors in bids, omissions of bids, or failure to execute bids and shall have no liability to any bidder for any technical or other failure associated with the internet.

Auction Notice:

This is a simulcast auction. All bidding will take place live and online. Auction will be held on-site at the Primary Residence located at 1161 State Highway 34C in Woodward, OK. Please note, there is NOT a Buyer's Premium Fee on any real estate purchases made. 0% is added to the hammer price.

Information
Lot # 1
Group - Category Real Estate - Residential
Lead Multiple Structures Located on 5± Acres
Description
Selling multiple structures located on 5± acres in Frontier Estates with the potential to become income producing. Lots of shade trees in a quiet area provide country style living with the convenience of being only minutes from town. Don’t miss this opportunity! #1 – PRIMARY RESIDENCE located in CANADIAN SPRINGS ADDTN Located at the entrance of the property, this 3 Bedroom, 2 Bathroom modular home is in very good condition. It boasts lots of kitchen cabinets and a large master bedroom suite. The home is on city water and has central heat and air. #2 – Complex H A 2-story complex that includes four apartments that are 2 bedroom, 1 bath with central heat and air. The units are all electric and are on city water. This complex has 2 septic tanks and the electric is underground. #3 – Complex I Includes three apartments that are 1 bedroom, 1 bath with central heat and air. The units are all electric and are on city water. This complex has a septic tank, the electric is underground, and there is a rocked parking area. #4 – Complex J This complex includes 3 apartments under one roof. Two of the units are 2 bedrooms, 1 bath and 1 unit is a 3 bedroom, 1 bath. All units have newer central heat and air, on city water, and is all electric. #5 – White House This 3 bedroom, 1 bath unit includes a kitchen and dining area and also has washer/dryer hook-ups. It has central heat and air, on city water, and is all electric. #6 – Formerly Mama Mias Restaurant This building is in a pretty setting with lots of shade trees and a large rocked parking area. This property could be a home or serve as a business building. #7 – Building B This 1 bedroom, 1 bath apartment is all electric and on city water. A window unit is used for heat and air. This building shares a septic tank with Building A. #8 – Building A This 1 bedroom, 1 bath apartment includes a loft. It is all electric and on city water. A window unit is used for heat and air. This building shares a septic tank with Building B. #9 – Storage Building This is a nice storage building with a concrete floor. #10 – Tan House This structure is an older 3 bedroom home that is currently used for tool and equipment storage.
Name Kornele Real Estate Auction
Auctioneer
Smith & Co. Auction & Realty, Inc.
Type Live Webcast Auction
Date(s) 6/27/2024 - 7/17/2024
Auction Date/Time Info
This will be a Simulcast Auction with Both Live & On-Line Bidding. Auction will be held on-site at the Primary Residence.
Preview Date/Time For more information or to see this property contact Ira Smith at 580-334-6001 or email ira@smithcoauctions.com.
Checkout Date/Time 10% of purchase price will be escrowed on sale day with the balance due upon proof of marketable title.
Location
1161 State Highway 34C
Woodward, OK 73801
Buyer Premium 0% is added to the hammer price.
Description
Selling multiple structures located on 5± acres in Frontier Estates with the potential to become income producing. Lots of shade trees in a quiet area provide country style living with the convenience of being only minutes from town. Don’t miss this opportunity! #1 – PRIMARY RESIDENCE located in CANADIAN SPRINGS ADDTN Located at the entrance of the property, this 3 Bedroom, 2 Bathroom modular home is in very good condition. It boasts lots of kitchen cabinets and a large master bedroom suite. The home is on city water and has central heat and air. #2 – Complex H A 2-story complex that includes four apartments that are 2 bedroom, 1 bath with central heat and air. The units are all electric and are on city water. This complex has 2 septic tanks and the electric is underground. #3 – Complex I Includes three apartments that are 1 bedroom, 1 bath with central heat and air. The units are all electric and are on city water. This complex has a septic tank, the electric is underground, and there is a rocked parking area. #4 – Complex J This complex includes 3 apartments under one roof. Two of the units are 2 bedrooms, 1 bath and 1 unit is a 3 bedroom, 1 bath. All units have newer central heat and air, on city water, and is all electric. #5 – White House This 3 bedroom, 1 bath unit includes a kitchen and dining area and also has washer/dryer hook-ups. It has central heat and air, on city water, and is all electric. #6 – Formerly Mama Mias Restaurant This building is in a pretty setting with lots of shade trees and a large rocked parking area. This property could be a home or serve as a business building. #7 – Building B This 1 bedroom, 1 bath apartment is all electric and on city water. A window unit is used for heat and air. This building shares a septic tank with Building A. #8 – Building A This 1 bedroom, 1 bath apartment includes a loft. It is all electric and on city water. A window unit is used for heat and air. This building shares a septic tank with Building B. #9 – Storage Building This is a nice storage building with a concrete floor. #10 – Tan House This structure is an older 3 bedroom home that is currently used for tool and equipment storage.
Buyers attending this auction will be required to provide a valid photo ID. By registering, bidder agrees to all terms and conditions as set forth by Smith & Company Auction & Realty, Inc. Buyer will be required to sign contract and place 10% of the purchase price in escrow on sale day, with balance due upon proof of marketable title. Seller will provide a current abstract and warranty deed. Taxes will be prorated to the day of closing. Possession upon closing. Property is selling in its present condition with no warranties expressed or implied. All information given comes from resources we believe to be reliable but in no way is guaranteed. Announcements made sale day supersede all prior advertising. Buyers should arrange financing and satisfy themselves with size, location, boundaries, etc. prior to sale day. Sellers are reserving all oil, gas, and other mineral rights. Online Bidders may bid via our website at smithcoauctions.com. Smith & Company Auction & Realty, Inc. is not responsible for any errors in bids, omissions of bids, or failure to execute bids and shall have no liability to any bidder for any technical or other failure associated with the internet. On-line Buyer’s will be required to wire-transfer 10% of the purchase price to place in escrow on sale day. ON-LINE REGISTRATION MUST BE COMPLETE AT LEAST 24 HOURS PRIOR TO SALE DAY.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 0% is added to the hammer price.
Payment Terms
Buyer will be required to place 10% of the purchase price in escrow on sale day, with balance due upon proof of marketable title. On-line Buyer’s will be required to wire-transfer 10% of the purchase price to place in escrow on sale day.
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