NOTE: This is an auction. The above mentioned \"For Sale\" price is not an asking price but rather, a SUGGESTED OPENING BID. Vacant Building Lot | Zoned R7 Residential (Multi-Family) District | Outstanding Location | 1/2 Block N. of Owen K. Garriott Rd. & 1 Block E. of Van Buren St. Enid, Garfield Co., OK ONLINE ONLY AUCTION Thursday July 11, 2024 Begins Closing at 2:00 P.M. Physical Address: 501 S. Jackson St., Enid, OK 73701 • Located from the Jct. of US 412 (Owen K. Garriott Rd.) & US 81 (Van Buren), 1 Block E. on US 412 (Owen K. Garriott Rd.) then 1/2 Block N. on Jackson St. OR 1 Block N. on US 81 (Van Buren), then 1 Block E. on Park Ave. • Zoned R7 - Residential District for Medium & High Population Density • The Principal Use can Range from Single-Family to Multi-Family & Garden Apartment Uses • Lot Size - 140 ft. x 157.5' ft. • City Utilities Available • General Description & Permitted Uses can be Viewed on our Website • Property Appears to be Located in Flood Zone AE & may Require Flood Insurance Legal Description: Lots 14-16, both inclusive, Block 13, Weatherly 6th Addition to the City of Enid, Garfield Co., OK Taxes: The 2023 taxes were approx. $111.00. The 2024 taxes will be prorated to the day of closing. Minerals: Do not sell. Possession: is to be given upon payment in full of the purchase price & transfer of title, at closing. Note: Title will transfer by Quit Claim Deed. Registration: All bidders are required to register with valid form of ID and acknowledge and agree to auction terms & conditions. Buyer's Premium: A 10% Buyer's Premium will be added to the high bid at auction to determine the purchase price. Terms: $1,000.00 is to be placed in escrow day of auction with the balance being due on or by August 1, 2024. Title will transfer by Quit Claim Deed. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to acreage, size, condition, etc. prior to auction day. Announcements made day of auction take precedence.
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