AUCTION ID #: 389985 Bookmark and Share
Absolute Auction-Single Family Home Akron, Ohio Zillow estimate $68k
Item 389985  
Final Bid: USD $5,500
Number of Bids: 17
Your Bid Status: Login to view status
Reserve: No Reserve!
Status: Closed
Auction Started: 08-13-08    12:00 AM ET
Auction Closed: 08-20-08    03:17 PM ET
Asset Details
Seller Information
   
Seller Name: Lwbr2000
Rating: Seller Rating - 2.5 (3)
Location: 575 Easter Avenue
Akron, OH    44307
View Seller's other items
 
 
Bid Increment: $250
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $1
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 2.5%
Page Views:
Bidding has Closed
Add to My B4A Watch List | Need Help?
Asset Information Additional Details Your Bid History


Item Specifics
 
Residential Properties  
  Address 575 Easter Avenue OH
  Lot Size 20 1 3, 1 LT, 17 Tillery
  Number Of Bedrooms 3.00
  Number Of Bathrooms 1.00
  Living Space 0.0
  Year Built
  Annual Taxes $1637.00
  Amenities Fair
  Property Condition Full
  Property Condition Wood
  Water Yes
  Sewer Yes
  Heating System Central

Asset Description

For 20 more Absolute Auctions and many other great deals, be sure to visit the LWBR Storefront:

http://www.bid4assets.com/storefront/?sfid=435

 

This is an absolute auction; high bidder takes it all, no reserve. 

We have a mortgage portfolio that we are liquidating.  We have many houses all over the country up for absolute auction; see our other properties. 

This is an investors special, tons of potential!

This is a colonial frame 2 story single family home with 520 sq. feet of ground living area and 1208 total sq. feet of living area.  This house was built around 1916.  It has a total of 8 rooms with 3 bedrooms and 1 full bath, a full basement, heating is central and the overall condition is fair.

  • Neigborhood: Lane-Wooster
  • School District-Akron City
  • Nearby School-Miller-South Visual Performance Arts Middle School 

 

Comps

  • 528 Bacon Ave. Price $61,000 Sold on 6/20/2008 3 Bedrooms/1 Bath 1,296 Sq. ft. built 1919
  • 810 Bisson Ave. Price $83,000 Sold on 6/06/2008 2 Bedrooms/1 Bath 1,016 Sq. ft. built 1918
  • 634 Noble Ave. Price $69,000 Sold on 6/10/2008 3 Bedrooms/2 Bath 960 Sq. ft. built 1962
  • 387 Noble Ave. Price $60,000 Sold on 5/9/2008 3 Bedrooms/1 Bath 1,197 Sq. ft. built 1927

This property is being sold free and clear!  There are no liens or mortgages against this property.

 

 

 

 

 

 

You are bidding on the full purchase price.  A 10%  non-refundable deposit is due within 48 hours.  Full payment is due within 14 days of close of auction.  Seller may consider financing for qualified buyers.  There is a 2.5% buyer's premium associated with this auction.

 

 

 

 

 

 

 

 

Any bidder should do their due diligence to make sure that this is the investment opportunity for them.  We supply the information with no warranties of any kind.  The property is sold as-is, where-is with no warranties expressed or implied 


Maps & Area Information

Additional Details
For more information about this asset including photos, specs and more (when available), click here.
Additional Terms of Service
Buyer's premium and closing costs cannot be financed. Buyer pays their share of closing costs.


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 2.50% 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
  •