AUCTION: February 20, 2020

Charming 4 bedroom, 2 bath home ideal for first-time homebuyers or real estate investors. Single-family residence located 5-blocks from Richard Kane Elementary School and Bartlesville High School.

Auction Overview

AUCTION DATE & TIME:
 Feb 20th at Noon

AUCTION LOCATION:
 On-site, 1328 S Johnstone Ave, Bartlesville, OK

INSPECTIONS:
 2-4pm Sunday, Feb 16th

BUYER-BROKER:
 3% Commission

BROCHURE
BROKER REFERRAL FORM

LICENSE INFO:  OK RE Lic# 159708 Ronn Cunningham | Cunningham Johnson Auctions LLC

PROPERTY DETAILS

Charming 4BR, 2BA combination frame and stone bungalow with dining room, breakfast nook, utility room and detached garage ideal for first-time homebuyers or real estate investors.

Located in established Grandview neighborhood, approximately 5-blocks from both Bartlesville high-school and Richard Kane Elementary. Built in 1951, this two-story home with a detached one-car garage, covered front porch and side porch. Home is centrally located in Bartlesville in a well-kept established neighborhood only a few blocks to schools, shopping, restaurants, medical facilities and entertainment.

Kitchen includes electric stove/oven, dishwasher and sink with disposal. Breakfast nook with built-in booth. Dining room has original wood floors, living room features a gas stone fireplace. Three bedrooms and one bathroom with tub/shower combo, roomy utility room and storage room located downstairs. Fourth bedroom and full bathroom located upstairs.

  • Comp roof
  • Fenced back yard with dog run
  • Exterior of home is vinyl siding with native rock surround
  • Central Heat/Air
  • Bartlesville Public Schools
  • Taxes: $872. (2019)
  • Water: City of Bartlesville
  • Electric: AEP/PSO
  • Sewer: City
  • Gas: ONG

PICTURES

Map & boundary illustrations are approximate – refer to survey.
Property pictures may show multiple parcels and/or property not included in the auction.

MAPS

All map & boundary illustrations are approximate – refer to survey.

DISCLOSURES

DISCLOSURES:

  • 3% Buyers premium applies. Buyer’s premium is an additional fee (3% of the high bid amount) paid by the high-bidder.
  • All parcels subject to any existing recorded easements.
  • Locations of parcel signs, maps, and picture illustrations are for reference only. Refer to survey for boundaries if available and/or legal descriptions. Fence lines may not follow property boundaries per survey.
  • If property divides, all abstracts covering any individual parcel will be placed on deposit with said title company to be held for the use of any and all future buyers. Buyers are responsible for the cost of supplemental abstract(s).

TERMS & CONDITIONS:

  • All properties are being sold ‘as is, where is’ and are not subject to financing, inspections or any other contingencies.
    CJ Auctions represents the seller only.
  • The high bidder must make a 10% (Min $5,000) non-refundable deposit on sale day (cash, personal or cashier checks)
  • Buyer will receive deed and title insurance.
  • Buyer will pay for (but not limited to) the closing fee & title policy. Taxes will be prorated through date of closing.
  • Balance and closing costs are due 30 days from seller acceptance.
  • Contact CJ Auctions for title commitment and copy of easements.
  • All bidders must register with CJ Auctions prior to bidding (registration is held 1-hour prior to auction) and provide a driver’s license or government-issued identification.
  • Absentee bidders must pre-register and qualify through CJ Auctions 48 hours prior to sale day.
  • All persons inspecting the property, attending an open house or auction do so at their own risk and shall not hold CJ Auctions or their agents liable for damages to their person or property.
  • ONLINE BIDDING: Individuals must wire 10% of opening bid amount (minimum $10,000) 48 hours prior to auction to be fully authorized to bid online. Contact CJ Auctions at 918 550 8118 for detailed wiring instructions.
  • Sale is subject to seller confirmation.

LICENSE INFO: OK RE Lic# 159708 Ronn Cunningham | Cunningham Johnson Auctions LLC

SALE METHOD

SALE METHOD: By the dollar.

How auction ‘By the dollar’ works:

  • ‘By the dollar’ is the auction method most often used when a single property or land parcel is being auctioned.
  • The auctioneer starts the bidding at an amount below the expected sale price or at a pre-determined minimum bid amount.
  • When selling land parcels by the acre, high bid is multiplied by the number of acres in the parcel.
  • Bidding continues until bidders stop increasing thier bid offers.
  • Auctioneer typically annouces ‘Going once, going twice’ before declaring ‘sold’ to the high-bidder.