AUCTION ID #: 429442 Bookmark and Share
Great Investment!! Speedwell, TN Fix N Flip! Zillo Assessed at $30k
Item 429442  
Final Bid: USD $0
Number of Bids: 0
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Reserve: No Reserve!
Status: Closed
Auction Started: 11-18-09    07:00 PM ET
Auction Closed: 12-02-09    03:00 PM ET
Asset Details
Seller Information
   
Seller Name: econohomes
Rating: Seller Rating - 5 (43)
Location: 243 STRAIGHT BRANCH RD
speedwell, TN    37870
View Seller's other items
 
 
Bid Increment: $150
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $8,500
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 243 STRAIGHT BRANCH RD
speedwell, TN 37870
United States

Asset Description

Econohomes, LLC

 
5 Star Rated Seller – Bid with Confidence!!!!
4 Bed / 1  Bath
243 Straight Branch Rd  Speedwell, TN  37870
Contact Union County to verify information
Parcel Number 05-003-003-026.0-4-00  
 
Storefront
 
 
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Here is what our Assessor had to say:
 
Exterior:
Single story cabin style home with gray vinyl siding in fair condition. The home sits on a large slope, the driveway is rock and very steep. There is no true front or back yard; the home is built around the existing trees and foliage. There is a covered front patio/porch in fair condition. The roof ahs asphalt shingle and it appears to have some minor leaks on the inside of the home. The foundation is solid and there are no signs of shifting in this home. There is a full garage in the back that at one time was in the process of having an apartment on the top floor. The garage is wood and the upstairs is unfinished.
Interior:
Please note this home has some damage to the interior, large amounts of garbage was found and removed form the house. There are some minor leaks in the home and all of the appliances are in poor shape or removed. The home has a carpeted living area that is large, carpet will need to be replaced, walls are green with white trim, room is in fair condition. The kitchen is in poor condition and includes only cabinets, no sink. There are four bedrooms, the first has hardwood floors and blue walls, room is in fair condition, the second room has some water leaks present and carpet in poor condition and a small window. The third bedroom has torn carpet and blue walls, the final bedroom has blue walls, and carpet is in poor shape and closet space. The bathroom has wood flooring and includes a toilet, tub and sink, all in working order. There was a Hot Water Heater found in poor condition. No other mechanics were found.

Mechanics:
Hot Water Tank needs repair.
 
Property Specifics
 
Property Address
243 STRAIGHT BRANCH RD  
SPEEDWELL,  TN  37870
 
Square Footage
1700
 
No. of Bedrooms
4
 
No. of Bathrooms
1
 
Acreage
0.3455
 
Legal Description
FLEMINGS 2ND NORTH PARK ADD L22
 
Tax ID No.
05-003 - -003 -026.0-4- 00
 
Year Built
 1989

























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 four to six weeks of receipt of good funds from buyer. Payment may be made by wire transfer, Moneygram, certified funds, or Paypal. Buyer will be charged for transaction fees associated with Paypal.
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.


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
  •