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Owasso Ridge 95 +/- Acres Aug. 14 2PM

Time of Sale
2:00pm Friday
August 14th
 
Opening Bid:
 Parcel 1-$25,000
 Parcels 2-11- $2500 / acre. 
 Sell Buyers Choice
  
Open
Sundays July 26th, August 2nd, and 9th.  From 1-4 pm 
 
Directions:
From Highway 75 and 76th ST. N: Go East 2 miles.  Property is 1/4 mile North.
 
From Highway 169 and 76th ST. N: Go West 1 mile.  Property is on North side of road.
  
Order Of Sale
The auction will be held on site, with Registration (driver's license required) beginning 1 hour prior to sale time.  The auction will begin promplty.  Parcel 1 sells, then parcels 2-11 sell buyer's choice.
  
Contact:
Stacy Lee
918-906-0016
  

 

Description

The family has owned this property since 1920.   Selling surface and mineral rights.   This will be a once in a lifetime opportunity to own this very desirable tract.

Parcel 1: 2000 +/- sq. ft, 3BR, 2BA, brick home with attached garage on 2+ acres.   Built in 1968 with all hand picked lumber out of Arkansas.   Rural Water.   Currently on natural gas from well on property,   ONG tap available.   Septic.

Parcel 2:   8+/- acres on hilltop w/ great views of the Tulsa skyline.   Tract also has frontage on Memorial.

Parcel 3:   5+ acres on corner of Memorial and 80th St N.

Parcel 4:   10+/- acres with frontage on Memorial and a large pond.

Parcel 5:   6+/- acres on top of the hill with beautiful views.

Parcel 6:   7.5+/- acres on hilltop with great views.

Parcel 7:   21+/- acres with active/producing gas well.

Parcel 8:   8+/- acres with unique building spot and ponds.

Parcel 9: 7.5+/- acres with frontage on 76th St N.   Platted with covenants restrictions.

Parcel 10:   7.5+/- acres of hilltop with pond.   Nice views of the Tulsa skyline.

Parcel 11:   12.5 acres on the crest of the hill.   Old homesite, some utilites still present.
Disclosures:
  • Tulsa County
  • Owasso School District
  • A $600 survey fee will apply to each parcel.
  • There will be a 5% buyer's fee applied to each final bid.
  • Rapid Close available.
  • Selling surface and mineral rights.  No mineral search has been performed.  An active gas well is present on parcel 7.  This well currently furnishes gas to the home sites on parcels 1 and 11, and another home not located on the property.  The gas service to these three locations will be terminated within 12 months of the date of closing at the expense of the new owners of parcels 1 and 11 and the adjacent land owner.  ONG taps are available.
  • An ONG pipeline is present along the East boundary of parcel 9 and along the North boundary of parcels 1, 2, 3, 10, and 11.
  • Parcel 1 currently has a Washington County Rural Water District #3 water tap that will transfer with the home.  Additional taps are available and cost $1500 each.  A 2" line is present on the South side of E 80th St. N . A 3" and 12" water line are present along the West side of Memorial.
  • Parcel 9 is part of the platted Kauffman View Estates Subdivision.  Covenants and Restrictions of Kauffman View Estate:  Minimum house size is 1300 sq.ft., Brick exterior of home required.  No more than one animal per acre.
  • City of Owasso sanitary sewer is available for parcel 9.  The permit cost is estimated at $400.  A 10' utility easement exists along the West boundary of Parcel 9.
  • A FAA beacon is present on Parcel 10.  It produces an annual payment to the land owner of $1,000.
  • The home on Parcel 1 currently rents for $600 per month on a month to month basis.
  • Property sells subject to all easements of record for utilities, pipelines, etc.

 

Auction Results

This property sold  for $856,775.00.
 

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