AUCTION ID #: 428924 Bookmark and Share
Louisiana Bogalusa Fixer Rural Home in Small town No reserve 3bd/1ba
Item 428924  
Final Bid: USD $0
Number of Bids: 0
Your Bid Status: Login to view status
Reserve: No Reserve!
Status: Closed
Auction Started: 11-11-09    07:00 PM ET
Auction Closed: 11-24-09    03:00 PM ET
Asset Details
Seller Information
   
Seller Name: econohomes
Rating: Seller Rating - 5 (43)
Location: 712 Okachobee Ave
Bogalusa, LA    70427
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Bid Increment: $500
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $4,900
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
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Item Specifics
 
Residential Properties  
  Address 712 Okachobee Ave
Bogalusa, LA 70427
United States

Asset Description

Econohomes, LLC

5 Star Rated Seller – Bid with Confidence!!!!

 3 Bedroom 1 Bath

Ask about our short term Investor financing

712 Okachobee Ave

Bogalusa LA 70427

Parcel Number  044-0002700

 

Storefront

 

 

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Here is what our Assessor had to say:

 

EXTERIOR DESCRIPTION:
Green home with black trim and black decorative shutters located on large lot covered with thick grass. Tin roof needs repair and/or replacement as some tin panels are missing and/or loose allowing some water to leak in home. Soffits and eves are wooden open fascia needs some repair with replacement of few timber and painting. Exterior composition is wood panel over wood slat board needing repainting that is fixed upon a wood frame constructed home which is in fair condition however some boarding and slat boards needs replaced or reattached to wood frame. Raised wood foundation set a top concrete block is in good condition with some shifting noted inside home. Windows are aluminum frame in fair condition however most needs screens and some have windows broken. There is raised to house level wooden covered front porch with wood flooring in fair condition that needs some minor repair/finishing and painted. Rear of home has covered utility area with dirt ground flooring that needs repair to side wall and roofing to be restored which can be upgraded via pouring concrete slab for flooring with ease.
INTERIOR DESCRIPTION:
Home needs ceiling repair throughout most of home in addition to replacing insulation due to some water damage has preceded this assessment however home has nice layout with entrance foyer and large living room combo with good carpet and wood paneling on walls. Kitchen looks good with intact; wood cabinets, wiring for appliances, gas line for stove, and plumbed double basin stainless steel sink. Bedroom#1 located in rear has good ceiling, good wood flooring and walls, and just needs repaint. Bedroom#2 up front needs ceiling repair and repaint including new carpet or restore wood flooring. Bedroom#3 needs moderate repair with new drywall in sections, ceiling repair, and repainted. Bath has intact and plumbed tub/shower and toilet yet needs repair to cabinets and vanity; in addition to repaint or wallpaper installed along with new tile or linoleum for flooring. Laundry is in rear of home and has nice large space plumbed for washer and dryer that needs painted to finished; flooring and ceiling look good.
MECHANICALS:
Home has intact electrical system with grounded sockets, circuit breaker box and appears functional however was not tested. Plumbing looks intact mostly PVC in home and looks to have been reworked in recent upgrade. Home has gas ceramic heaters in some room providing heat and a wall unit ac noted in wall of bedroom#2. No duct work, HVACs or furnace noted while on site however on could be added with ease in attic.

 

Property Specifics

 

Property Address

712 Okachobee Ave

 

Square Footage

 

 

No. of Bedrooms

3

 

No. of Bathrooms

1

 

Acreage

 

 

Legal Description

   

 

Tax ID No.

 044-0002700

 

Year Built

 

 





















All information derived from third party sources, including but not limited to property assessments, appraisals, and title reports is deemed reliable but not guaranteed.

All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.

Settlement: A 10% non-refundable deposit is due within 48 hours, full payment is due within 10 days. A $295 deed processing fee and recording fee will be charged to the buyer. Deeds will be prepared and transferred by the seller to the Register of Deeds for recording within 180 days of receipt of good funds from buyer. Payment may be made by wire transfer, Moneygram, or certified funds.

Buyer is responsible for all liens and encumbrances.

The Seller offers the Property for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of the Property. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding the Property. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.

General Refund Policy

Buyer acknowledges and verifies that he/she has carried out the necessary due diligence to purchase, as properties are sold "as is". As such, all sales are final, and refunds will not be granted.


Maps & Area Information

Additional Details
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Bid4Assets Real Estate Buyer Responsibilities

Bid4Assets reminds all potential bidders on real estate that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to, a) a satisfactory inspection of the property, and b) the satisfactory completion of a title search.

By placing a bid, you acknowledge that any statements made by the seller pertaining to the condition or market value of the property are subjective, and do not release you from your responsibility to perform a due diligence review.

Settlement Requirements
  • This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
  • Certified/Cashier's Check
  • Wire Transfer
  • Money Order
  •