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AmeriBid LLC to Conduct Auction of Underground Geothermal Energy Saving Home

SAPULPA, Okla., July 9, 2013 (GLOBE NEWSWIRE) -- AmeriBid LLC (www.ameribid.com) announces the auction of an underground geothermal energy saving home on acreage with shop and pond in Sapulpa. "This is the perfect home for the energy conservationist. It is also fantastic for Oklahoma Tornado protection, or someone that wants to be protected from any kind of natural or man-made disaster. And it is amazing how much space and light is in this house. One does not have the perception of being underground with this layout," comments Whitey Mason, Regional Director, Auctioneer and Broker for AmeriBid. "The Courtyard is like an 'outdoor/indoor' living space: a controlled environment without bugs, rain or dust. Add a pit group and a big screen TV, and you have created the ultimate man-cave."

The property will be auctioned on-site at the property: 906 S. Overlook Drive in Sapulpa at 11:00am CDT on Friday, July 26th, 2013. This super energy efficient underground geothermal home is ideal for the green energy conscious and storm conscious. With 8" concrete walls and a massive concrete and earth roof, it is able to withstand an F-5 tornado or the direct hit of a bomb blast. Using the "ship in a bottle" style of construction, architect Jay Swayze of Hereford, TX designed and built the home in 1979 inside a concrete box. The box, or shell, creates a controlled environment that virtually eliminates pollen and dust and maintains heating and cooling costs of a totally electric home to a yearly average of $100 per month. The walls are 8" thick concrete, and the roof is steel bridge beam and 6" concrete, with 4' of earth fill.

This 2,970±sf home includes a large underground Courtyard with a huge overhead skylight that allows natural light to filter in. The home features 3 bedrooms, 2.5 baths, and a 2 car garage. The room layout is such that it could be used as an office or mother-in-law suite. The pristine 4.29± acre parcel has gated access in the front and a custom fence. Located at the back of the property is a nice shop and work area with wide doors and overhead steel beams for heavy lifting.

A 10% Buyer's Premium applies. A 3% Co-Broker participation is offered, subject to Auction Company guidelines. Property inspection dates and times are available on our website. To receive more details and complete terms, please visit www.ameribid.com or call 877.895.7077. You may also contact Whitey Mason at 405.630.8670 or whiteymason@ameribid.com.

Headquartered in Tulsa, Okla., AmeriBid is the premier global real estate auction leader specializing in the sale of commercial and residential real estate, land properties and other assets for lenders, servicers, receivers, bankruptcy attorneys, estates, private owners, investment companies and local, state and federal government agencies.

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CONTACT: Media Contact: Michelle Baker 877.895.7077

Source: AmeriBid