AUCTION ID #: 429048 Bookmark and Share
MEMPHIS, TN: 3/2~ Very Nice Investment OR Primary Home! No Reserve!
Item 429048  
Final Bid: USD $0
Number of Bids: 0
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Reserve: No Reserve!
Status: Closed
Auction Started: 11-12-09    07:00 PM ET
Auction Closed: 11-25-09    03:00 PM ET
Asset Details
Seller Information
   
Seller Name: econohomes
Rating: Seller Rating - 5 (43)
Location: 2846 Hale Ave
Memphis, TN    38112
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Bid Increment: $500
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $15,900
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 2846 Hale Ave
Memphis, TN 38112
United States

Asset Description

Econohomes, LLC
5 Star Rated Seller – Bid with Confidence!!!!
3 Bed 2 Bath
2846 Hale Ave, Memphis, TN 38112
Contact Shelby County to verify information
Parcel Number 037-016- - -00028
 
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Here is what our Assessor had to say:

Exterior:
Home is gray and white aluminum siding that is in excellent condition. The home sits on a nice concrete slab, little to no shifting. Yard will need some work but is in nice shape. House is surrounded by a white picket fence. There is a covered concrete porch that is in great shape. The roofing is 3-tab asphalt shingle with only one minor leak. Home has a simple grass drive way to the right.


Interior:
Home appears to have been a duplex or multi-family, there are two separate doors on the front of the home. The living area is a of moderate size and has linoleum flooring and gray walls and white ceilings, the room is in nice shape. The kitchen has linoleum floors and includes a sink and cabinets. There are three bedrooms, the master is large with gray walls and white ceilings, and it also includes a closet with shelving. The second and third bedrooms are the same size and have linoleum flooring and closets with shelves. There are two bathrooms, the master bed has its own and it includes the tub and sink, no toilet was found. The common bath includes all appliances, tub, toilet and shower. The home has a space heater in the living area, there was also a new hot water tank found in the kitchen.

Mechanics:
Hot Water Tank and Space Heaters/Gas

Property Specifics
Property Address
2846 Hale Ave, Memphis, TN 38112
Square Footage
 1133
No. of Bedrooms
3
No. of Bathrooms
2
Acreage
 
Legal Description
NS HALE
Tax ID No.
037-016- - -00028
Year Built
1910













Maps & Area Information

Additional Details
For more information about this asset including photos, specs and more (when available), click here.


PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

Bid4Assets reminds all potential real estate bidders 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 b) completion of a title search c.) investigating back property taxes and D.) other - liens and encumbrances such as unpaid utility bills.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.

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
  •