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

Photo & Additional Information will be added over the next few days.

10405 Elk Avenue, Cleveland Ohio 44108

This is another steal.  The county has this house valued at $34,400 (see Cuyahoga County Assesor's Site)

Lots of equity in this house and fantastic area comps.  Built in 1930, this house has 1,312 sq. ft.  It has 7 rooms total, 4 Bedrooms and 2 & 1/2 baths. 

Zillow estimates it at $87,500.  Flip it, rehab and rent or relocate.  Whatever you do, don't pass up a great offer like this one.

Neighborhood-Glenville

Comps (Amazing high value area Comps, all our comps are 2008 sales)

• 493 E 109th St. Price $104k, Sold 2/29/08, Bedrooms 3, Baths 1.5, 1,582 Sq. ft, Built 1912
• 467 E 118th St. Price $65k, Sold 6/26/08, Bedrooms 4, Baths 1, 1,443 Sq. ft. Built 1910
• 483 E 118th St. Price $83k, Sold 3/27/08, Bedrooms 4, Baths 1, 1,404 Sq. ft. Built 1915
• 672 E 117th St. Price $85k, Sold 5/6/08, Bedrooms 3, Baths 1, 1,540 Sq. ft. Built 1920
• 343 Bratenahl Rd. Price $195k, Sold 6/24/08, Bedrooms 5, Baths 4, 2,986 Sq. ft. Built 1910
• 325 Corning Drive, Price $100k, Sold 1/29/08, Bedrooms 3, Baths 2.5, 1,668 Sq. ft. Built 1962
• 9007 Kempton Ave. Price $111k, Sold on 3/21/08, Bedrooms 4, Baths 1, 1,481 Sq, ft. Built 1918
• 48 Haskell Dr, Price $290k, Sold on 6/27/08, Bedrooms 3, baths 3, 2,740 Sq, ft. Built 1997

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 Cleveland.  We have several other houses for sale in Ohio, start your portfolo today!

All information taken from the Cuyahoga County Auditor's site and Zillow. Please due all due diligence and contact county for additional information. Any potential bidder should verify the information.

Current County Value

• $34,400

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

Cleveland Official Municipal Site:

http://www.city.cleveland.oh.us/

City Economic Development:

http://www.city.cleveland.oh.us/government/departments/econdev/index.asp

Greater Cleveland Partnership Site:

http://www.gcpartnership.com/economicdevelopment.aspx

Greater Cleveland Partnership:

http://www.cose.org/

Cleveland Plus Site:

              http://www.clevelandplus.com/indexcz.asp

 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

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.