AUCTION ID #: 429383 Bookmark and Share
Great Investment!!! Portsmouth, VA 3/1 perfect for Fix/Rent
Item 429383  
Final Bid: USD $0
Number of Bids: 0
Your Bid Status: Login to view status
Reserve: No Reserve!
Status: Closed
Auction Started: 11-18-09    10:30 AM ET
Auction Closed: 12-02-09    03:00 PM ET
Asset Details
Seller Information
   
Seller Name: econohomes
Rating: Seller Rating - 5 (43)
Location: 1200 Fayette
Portsmouth, VA    23704
View Seller's other items
 
 
Bid Increment: $150
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $38,900
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
Page Views:
Bidding has Closed
Add to My B4A | Need Help?
Asset Information Additional Details Your Bid History


Item Specifics
 
Residential Properties  
  Address 1200 Fayette
Portsmouth, VA 23704
United States

Asset Description

Econohomes, LLC

 

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

 

3 Bed / 1  Bath

Ask about our short term Investor financing

 

1200 Fayette  Portsmouth, VA

 

Contact Portsmouth City  to verify information

 

Parcel Number 0087-1260

 

Storefront

 

 

Visit the Econohomes Storefront to view all of our incredible investment opportunities. Absolute Auctions and Low Minimum Bids with NO RESERVE on properties across the country. New Auctions added daily!

 

 

Here is what our Assessor had to say:

 

 

Exterior:
Home sits on a corner lot and has beige colored vinyl siding that is in great shape.  The roof as overlapping tiles and they are in fair condition, there is some leaking in the kitchen area.  The homes foundation is brick and its in great condition with no shifting.  The home has a nice patio/porch on the front of the home that is covered. The house has a concrete driveway that is in fair condition.  The yard is nice in both front and back and has been landscaped.  

Interior:
The living room is medium sized and carpeted, there is a non-working fireplace in this room as well as a ceiling fan.    The kitchen has linoleum flooring in good shape; a sink, stove, oven, refrigerator and cabinets are present.  The kitchen does have some water damage due to a small roof leak.  The bathroom looks great and includes the sink, tub and toilet.  The master bedroom is carpeted and has white walls and ceilings all in good shape.  The second bedroom is similar to the master with carpeted floors and white walls and ceilings; the wall cover for the sewage line has been removed in this room.  The third room is also carpeted and has white walls and ceilings.  The home is central air and heating but the compressor/condenser is missing outside.  The home does include a Hot Water Heater.

Mechanics:
Hot Water Heater



 

 

Property Specifics

 

 

Property Address

1200 Fayette  Portsmouth  VA

 

 

Square Footage

 814

 

 

No. of Bedrooms

3

 

 

No. of Bathrooms

1

 

 

Acreage

 

 

 

Legal Description

PTS 137 138 139 BLK W FAYETTE

 

 

Tax ID No.

0087-1260

 

 

Year Built

1912

 

Valuation

 

We ordered 2 proprietary AVM's as of 10/02/09.

 

AVM #1

Unavailable

 

AVM # 2

Unavailable

 

Zestimate

 

  •   Sold: $125,000
  • Zestimate: $98,500

 

***The values calculated using various models and techniques proprietary. This report does not constitute an appraisal and has not been prepared by a certified or licensed appraiser. Values are dependant on the correctness of any data supplied by the user.
























Disclaimer

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 $350 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
For more information about this asset including photos, specs and more (when available), click here.


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
  •