AUCTION ID #: 357352 Bookmark and Share
Dayton, Ohio - HUGE Single Family Home! - Assessed @60K!-No Reserve!
Item 357352  
Final Bid: USD $0
Number of Bids: 0
Your Bid Status: Login to view status
Reserve: No Reserve!
Status: Closed
Auction Started: 08-13-07    08:00 AM ET
Auction Closed: 08-21-07    10:15 PM ET
Asset Details
Seller Information
   
Seller Name: iverprop
Rating: Seller Rating - 5 (18)
Location: Dayton, OH    45417
View Seller's other items
 
 
Bid Increment: $250
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $14,590
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
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Asset Description

 DAYTONOHIO

 TWO STORY SINGLE FAMILY HOME/LAND INCLUDED

5 BEDROOMS/2 BATHS/1,960 SQFT

AWESOME DAYTON OPPORTUNITY

GREAT RENTAL AREA – ASSESSED AT $60,530.00

REAL ESTATE IS STILL THE NUMBER ONE INVESTMENT VEHICLE AND THE TIME IS NOW TO CASH IN ON THIS MARKET

Up For Auction:

 

Up for sale is 1840 HOME AVENUE. What a find!! SINGLE FAMILY HOME!! Located in Dayton, Ohio. (Check Out the Photos).  This is a great project home with 1,960 square feet of living space in a great investment area! The exterior of the property is Vinyl/Wood Construction. With some updating, this would make a great money maker! This property is currently assessed at $60,530.00 in its current condition! Read the comments from our contact in the area below. This property has great curb appeal and lots of potential. There are 5 Bedrooms and 2 full bathrooms in this property (per our contact in the area). You are bidding on the full purchase price on this incredible deal. An incredible investment option for any investor. This is true ownership. You can use it, trade it, sell it or pass it on to your family. This would be a great addition to any real estate portfolio. This is a great deal. The time to invest in Dayton is now!

 

Here is what our contact in the area had to say about this property:    Large two story located on corner lot with Newer Roof and Vinyl Siding.  Property was previously used as a Duplex but current use is Single Family with a Mother-in-Law Suite.  The house could be easily converted back to a side by side duplex.  Interior has been partially remodeled with new Vinyl Windows.  The lower level has a Living Room with a Fireplace, Dining Room and Kitchen.  The Attached Suite has One Bedroom, Living Room, Eat-In Kitchen and Full Bath.  The upper floor has Four Bedrooms and a Full Bath.  The Kitchen has been partially updated and the  Baths are complete.  The interior needs a thorough cleaning, Kitchen & Bath updating completed, walls painted and carpets replaced where worn.  The exterior is very low maintenance with newer siding and roof. The property has a large back yard that is fenced .  The house is located in a quiet residential neighborhood with easy access to Interstate Highway.  With a little updating and work this property will make a very nice house for the extended family or converted back to a Duplex will make an excellent Investment property.  The property has excellent cash flow potential.    (Any potential purchaser should inspect the home to satisfy any information listed in this ad for themselves. We supply this information with no warranties of any kind).

 

  • Address:    1840 HOME AVENUEDAYTON, OHIO 45417 
  • Tax ID:   R72 08903 0011
  • Lot Size:   47X149(approx) 
  • Year Built:    1895 
  • County Use Code:  Residential
  • Basement:    Yes  
  • Square Feet:   1,960 (Approx.) 
  • House Type:   Single Family  
  • Taxes:   Approx.:  $1,200.00 per year      
  • Utilities:    Phone - City Water/Sewer - Power 
  • Exterior:    Vinyl/Wood Construction 
  • Total Bedrooms:   5 
  • Total Bathrooms:     2

 

All sizes are approximate and were provided to us by the previous owner. Any potential buyer should verify the information to satisfy themselves.

 

Just click an image for enlarged view.

                        

                        

 

ADDITIONAL PHOTOS AND INFORMATION – CLICK HERE

 

About the Seller:

 

Iverson Investments, Inc. is a Nevada Corporation that has been in business since 1999 and has been in good standings with the Nevada Secretary of State since going into business. We have been in the Real Estate market for many years as consultants in the business. Many sellers come and go, but our company has made a point of bringing homes of great value and potential upside to its clients. We are not a here today and gone tomorrow company. We have made a huge investment in our web site and business practice. We have a toll free number you can call and actually talk with someone (800-517-8153). If they can’t answer your question, someone will return your call or drop you an email. Bid with confidence! We are the owner of each and every property we list. We will show you the difference with our company.   

  

Terms: 

 

You are bidding on the FULL PURCHASE PRICE of this great find!!  You will get a Warranty Deed with your purchase and this is not a Tax Sale property.  This is a CASH sale. There will be NO Financing or time for you to apply for a loan. Please have your funds ready before you bid. Upon auction closing, we require an immediate NON-REFUNDABLE deposit of $2,000.00 if you are planning to use escrow for your closing. We can accept your payment in full by Cashiers Check or Bank Wire Transfer. The balance will need to be sent to us in a Cashiers Check or Bank Wire Transfer form within 48 Hours. We must receive your full payment within 48 hours of the auction end time.  Our company will collect all funds and we will have your copies of your deed and paperwork overnight delivery to you within 24-48 hours. Keys will be provided to the home once payment has been made in full. Our office will record your original deed with the County Recorders Office. Very simple transaction.

 

There are no liens or mortgages against this property. It has a free and clear title. You will need to include $349.00 to the winning amount to cover closing costs for this sale. (The fees are Deed Preparation & Recording Fees). You will also need to include 10% of this sale to pay for the Buyers Premium charged by Bid4Assets.

 

BID AMOUNT + 10% OF BID AMOUNT (BUYERS PREMIUM) +$349.00 DEED FEE = TOTAL DUE

 

Escrow Service:

 

Escrow is available to you as a buyer. If you would feel more comfortable using a Title Company for the closing, we can accommodate you. You will be responsible for all fees related to escrow, including title insurance. Typical closings with a Title Company are approximately $750.00 to $1,000.00. Our transaction fee of $349.00 will still apply. You will be given the choice of closing method when you register your property purchase through our site.

 

Legal Stuff:

 

The seller has relied on the previous owner or the county for information related to this property. Any potential purchaser should do his or her own due diligence prior to bidding on this property. We are selling this home AS-IS WITH NO WARRANTIES EXPRESSED OR IMPLIED. Buyer to accept this property in its current as-is condition. There may or may not be possessions left in the home.  We have tried to provide as much information about the property as possible. There is a lot of information on the web, check it out. We do not have any specific list of repairs for this one. Photos of the property have been taken recently. All information is provided with no warranty of any kind.

 

Inspection Information:

 

If you are remotely concerned about the condition of this home, have it inspected. The home is vacant and you are welcome to take a look. This auction is running for a 7 day period and any potential buyer should have plenty of time to research their purchase decision. All inspections for lead based paint should be completed during the progress of the auction. Any potential buyer agrees that they have either inspected the home for lead based paint or waived the opportunity to conduct such an inspection. By bidding on this auction, the buyer agrees that both buyer and seller have mutually agreed upon this auction time frame as their agreed upon time frame to inspect the property for lead based paint or any other hazards and will initial such on the lead based paint disclosure form. A lead based paint disclosure from the seller will be provided during the registration and contract section at the auction end. Statement from the Seller: The seller is unaware of any lead based paint hazards located on or in the property. Nor is the seller in possession of any such documents or inspection records of any lead based paint hazards related to this property.  If you are concerned, you should have a licensed professional do an inspection of the property prior to bidding. More information can be found at this link: www.epa.gov/lead   Here is a link to the pamphlet (Protect Your Family From Lead In Your Home): www.epa.gov/lead/leadpdfe.pdf  We have keys located at the property for easy access in a lock box. We will give you the code to make your inspections. All inspections must be completed prior to the auction ending.

 

Registration Process:

 

At the end of the auction, our site will send you a Win Letter with instructions on how to Register Your Purchase and to make your deposit. There will be a link in the email to take you directly to our site to register your property. Please make sure your email address on file with Bid4Assets is correct and check your email after the auction ends. (Usually within 5-10mins.) Registration of your purchase is a requirement. You will be provided with a Purchase Agreement during this process as well.

 

You may email me with any questions prior to closing of this auction. Our email address is CINDY@IVERSONINVESTMENTS.COM . Please bid with the intentions of closing this property. It is very expensive to list properties for sale and it is only fair to other bidders. Non-Paying bidders will be reported to Bid4Assets.

 

All information including the format, pictures, and text in our listings are all under copyright protection of Iverson Investments, Inc. a Nevada Corporation. There shall be no reproduction of any likeness of our listing in any shape or form with out our written permission.   

 

GOT QUESTIONS?? - CLICK HERE

  

GOOD LUCK!!!

 

Bid with confidence - We are the current owners of this property and every property we list.

 

We can transfer ownership immediately!


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
  •