AUCTION ID #: 390050 Bookmark and Share
Single Family Home Cincinnati, OH County Market Value 145k
Item 390050  
Winning Bid: USD $38,416
Number of Bids: 50
Winner: russ41
Reserve: Met
Status: Sold
Auction Started: 08-10-08    12:00 AM ET
Auction Closed: 08-20-08    07:07 PM ET
Asset Details
Seller Information
   
Seller Name: Lwbr2000
Rating: Seller Rating - 2.5 (3)
Location: 974 Burton Ave.
Cincinnati, OH    45229
View Seller's other items
 
 
Bid Increment: $250
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $15,000
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 2.5%
Page Views:
Asset was Sold
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Asset Information Additional Details Your Bid History
This auction has been amended by the Seller on Aug 20, 2008 at 7:02 PM prior to any bids being placed.


Item Specifics
 
Residential Properties  
  Address 974 Burton Ave.
Cincinnati, OH 45229
United States
  Number Of Bedrooms 7.00
  Number Of Bathrooms 5.50
  Living Space 0.0
  Year Built
  Annual Taxes $2647.00
  Property Condition Siding with Masonry
  Heating System Base
  Cooling System Central

Asset Description

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

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974 Burton Ave. Cincinnati, Ohio

This is a steal. The county has this house valued at $145,000 (see Hamilton County Assesor's Site; www.hamiltoncountyauditor.org)

Large Lot, .45 acres. Lots of equity in this large,nice condition Victorian house in Cincinnati. Total square footage is a whopping 4,546 square feet. This is a great investment property to re-hab and sell, re-hab and rent or flip. This house needs some TLC but it is a large manor house that can accomodate 3 families. First floor area 2,112 sq. feet, upper floor area 2,424 sq. ft.

Neighborhood-North Avondale

Comps

  • 819 E Mitchel Ave Price $126k. Sold1/2/08, Bedrooms 6 Baths 3, Sq. ft. 3,828 Built 1915
  • 831 Hutchens Ave. Price $105k Sold 12/11/07, Bedrooms 7 Baths 3, Sq. ft 3,044 Built 1897
  • 786 E Mitchell Ave. Price $140k Sold 9/13/07, Bedrooms 6 Baths 2 Sq. ft 3,849 Built 1923

We have a large mortgage portfolio that we are liquidating. We have many houses all over the country up for absolute auction; see our other properties. This is a great investment in Cincinnati. We have several other houses for sale in Ohio, start your portfolo today!

All information taken from theHamiltonCounty Auditor'ssiteand Zillow.Please due all due diligence and contact county for additional information. Any potential bidder should verify the information.

Current County Value

  • $145,000

 

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

Find out about Cincinnati’s Strong Economy:

http://www.cincinnatiusa.org/econ.aspx

 

Find Out why Cincinnati is Good for Business:

http://www.cincinnatiusa.org/econ_a.aspx?menu_id=198&id=6896

 

Cincinnati is Home to Major Industries and Commercial Activity:

http://www.answers.com/topic/cincinnati-economy

 

Cincinnati No. Three on Forbes Most Affordable Places to Live Well:

 

http://money.aol.com/forbes/realestate/most-affordable-places-to-live-well

 

Wikipedia Entry for Cinci:

http://en.wikipedia.org/wiki/Cincinnati,_Ohio

 

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
  •