AUCTION ID #: 454589 Bookmark and Share
USMS: Austell, GA - 5723 South Gordon Road
Item 454589  
Final Bid: USD $0
Number of Bids: 0
Your Bid Status: Login to view status
Reserve: Not Met
Status: Closed
Auction Started: 08-17-10    08:00 AM ET
Auction Closed: 08-19-10    02:00 PM ET
Asset Details
Seller Information
      
Seller Name: USM
Rating: Not Applicable
Location: 5723 South Gordon Road
Austell, GA    30168
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Bid Increment: $1,100
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $27,000
Auction Type: Regular Auction
Source: Government
Deposit Required: $4,000    
Overtime Period: 5 min
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PROHIBITED PARTIES

The contractor, its employees, and their families and/or persons acting for and/or on behalf of the contractor are prohibited from bidding on any property offered for sale by the United States Government.

In order to avoid a conflict of interest, or the appearance of a conflict of interest, the following classes of persons are prohibited from purchasing, either directly or indirectly, property forfeited to the United States which is to be sold under this contract or any subcontract to this contract.

To view the entire Prohibited Parties Terms please click here.

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Item Specifics
 
Residential Properties  
  Address 5723 South Gordon Road
Austell, GA 30168 4334
United States
  County Cobb
  Lot Size .40 acres
  Number Of Bedrooms 3.00
  Number Of Bathrooms 1.00
  Living Space 1,026.0
  Year Built 1953
  Annual Taxes $1066.00
  Property Condition Good
  Water Public
  Sewer Public
  Heating System FWA
  Cooling System Central Air Conditioning
  Parking Garage
  Occupancy Tenanted
  Display Maps Yes

Asset Description
This Property Has Been Re-listed and The Starting Bid Amount Has Been Lowered

The U.S. Marshals Service offers the following asset for auction:
  • Subject property is located at 5723 South Gordon Road, Austell, Cobb County, Georgia 30168-4334.
  • Assessor’s Parcel Number: 18-0033-012
  • Site area is 0.40 acre +/-.
  • Zoning for this property is R20, Single Family Residential.
  • This property is bounded to the North by GA 278, to the East by GA 139, to the South by I-20 and West by Maxham Road.
  • The subject neighborhood consists of good quality 1, 1.5 and 2 story homes with typical landscaping. All amenities are located within an acceptable range of the subject neighborhood. The property is located about 13 miles WNW of the city center of Atlanta. Subject has good access to shopping and schools. This property is located next to a church.
  • This is a one story detached property which consists of a living room, dining room, kitchen, there (3) bedrooms, one (1) bathroom, a laundry area a partial basement and a two (2) car garage. This property consists of 1026 +/- square feet of gross living area.
  • This property is in good condition. There is dampness in the basement and there is no inside entrance into the basement.
  • There is a tenant currently residing in this property and they are paying a monthly rent of $700.00.

This is pursuant to a Final Order of Forfeiture By Default As To Certain Properties dated August 28th, 2009.

Disclosure: Property was built prior to 1960. A Lead Based inspection and Risk Assessment is currently being performed on this property by a certified and licensed risked assessor. If Lead Based Paint is found it will be abated prior to closing.


Maps & Area Information

Additional Details
For more information about this asset including photos, specs and more (when available), click here.
Bidding Requirements
To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller.

Non-winning bidders' deposits are refunded within (10) ten business days after the close of the auction. This deposit cannot be applied to other auctions.

To find out more about the BidDeposit requirement, click here.
Additional Terms of Service
Sold by the U.S. Marshals Service, which reserves the right to refuse any bid for any reason. Please see the document "General Terms of Sale" found in the due diligence area for further information. Bidders should conduct their own due diligence to determine value.

The assets offered for sale by the United States Marshals Service are either seized by and/or forfeited to the United States under federal forfeiture laws. All Buyers of these assets must understand that the United States, and/or its agencies, agents, officers, employees, and/or assigns (hereinafter referred to as "Seller") has acquired the subject property through seizure and/or forfeiture, and has little or no direct knowledge concerning the title, nature, value, source, authenticity and/or any other aspect or characteristics of these assets.

THEREFORE, the Seller offers these assets 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 these assets. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.

All information derived from third party sources, including but not limited to appraisals, is deemed reliable but not guaranteed.

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

In addition, all Buyers must agree to release and hold harmless the Seller from any and all demands, rights and causes of action, arising from, or to arise from, or by reason of, the Government's seizure, forfeiture, ownership, possession, management, use, sale and/or transfer of these assets.

Settlement Requirements
  • Certified/Cashier's Check
  • The successful bidder has 24 hours following the close of the auction to sign a Purchase Agreement. The successful bidder has 30 calendar days to complete the transaction by certified check to the U.S. Marshals Service. If the successful bidder does not perform, the bidder will forfeit his/her/its BidDeposit to the U.S. Marshals Service. The successful bidder will be required to cover any closing costs.

    For assistance, please contact Bid4Assets’ Customer Service team at service@bid4assets.com or 877-4ASSETS (427-7387).

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