Auction Date
05/23/2023 6:00pm
Property Information
TOTAL SOLD: $405,600
| Tract(s): 1+2 | @ $405,600 | ($5,408/acre) |
• Meticulously Maintained Home & Land
• 2020 Solitaire Home – 1,568 Sq. Ft.
• 3 Bedroom, 2 Bath with Front & Back Porch
• 30ft x 40ft Insulated Shop with 15ft Open Bay Storage
• Routine Prescribed Burning on Land
• SPRING FED CREEK!
• Excellent Blend of Pasture and Wildlife Habitat
• Multiple Ponds
Occasionally you step foot on a property that you can immediately tell has been a centerpiece of care for a Seller and 18300 Frontier Rd is certainly one of those properties. The owner has done a fantastic job maintaining this property and is ready to sell to the next steward of the land. Consistent prescribed burning and land management has been a priority for the current owner and we are excited to offer this beautiful property to the market. The property will be offered in 2 tracts, with a 6+/- acres parcel including the like new 2020 Solitaire with a gorgeous covered front porch overlooking the property. The balance of the land will be offered in a 69+/- acre parcel consisting of lush pasture, a spring fed creek, multiple ponds and big timber. A balance which provides excellent wildlife habitat and livestock opportunities alike. If you are looking for a property this size in the Lake McMurtry area don’t overlook this one!
Property Locations
18300 Frontier Rd, Perry, OK 73077
Open House / Inspection Dates
Thursday, May 4th from 5-7pm
Saturday, May 13th from 9-11am
Monday, May 22nd from 5-7pm
Auction Location
Auction Held On-Site
18300 Frontier Rd, Perry, OK 73077
Tract Descriptions
Tract 1: 5.7± ac which include the beautiful homesite and all the improvements. 2020 Solitaire Home which is 1,568 Sq. Ft, 3 Bd, 2ba, open concept with a gorgeous view from the large front porch. Also included are a 30ft x 40ft insulated shop with concrete floors and a 15ft open storage bay on the west side.
Tract 2: 69± ac combining open pasture, a spring fed creek, multiple ponds and dense timber to create an excellent combination of wildlife habitat and grazing potential.
Interactive Map
Maps
TRACT MAP
Terms
PROCEDURE: Tracts 1 and 2 will be offered in individual tracts or as a total unit. There will be open bidding on all tracts and combinations during the auctions as determined by the Auctioneer. Bids on individual tracts and the whole property may compete. The property will be sold in the manner resulting in the highest total sale price.
BUYER‘S PREMIUM: The contract purchase price will include a Buyer’s Premium equal to 4% of the bid amount.
DOWN PAYMENT: 10% of the total contract purchase price will be due as a down payment on the day of auction, with the balance due in cash at closing. The down payment may be made in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. The auction bids are subject to the acceptance or rejection by the Seller.
DEED: Seller shall be obligated only to convey a merchantable title by Special Warranty Deed.
EVIDENCE OF TITLE: Seller agrees to make available to bidder a preliminary title insurance commitment to review prior to auction. The cost of title insurance, if the buyer(s) elects to purchase the title insurance policy, will be the responsibility of the buyer(s). Seller agrees to provide merchantable title to the property subject to matters of record, general conditions of title, and similar related matters. All tracts sold “AS–IS“.
CLOSING: The closing shall take place 45 days after the auction or as soon thereafter as applicable closing documents are completed by Seller.
POSSESSION: Possession shall be at closing.
REAL ESTATE TAXES: Real Estate taxes shall be prorated to the date of closing.
MINERALS: Seller specifically excepts and reserves all minerals, including without limitation, oil, gas, coal, coalbed methane, and all other hydrocarbons, lignite, and all metallic minerals, etc., if any, associated with the referenced real estate, and the term “Property†shall not include any mineral rights.
ACREAGE AND TRACTS: All acreages, dimensions and square footages are approximate and have been estimated based on current legal descriptions, property tax records and/or aerial photos. Any corrections, additions, or deletions will be made known prior to the auction.
AGENCY: Schrader Real Estate and Auction Company, Inc. and their representatives are exclusive agents of the Seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure 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. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the Auctioneer are final. ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. NEW DATE, CORRECTIONS AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes or additions to the property information.