AUCTION ID #: 390135 Bookmark and Share
Single Family Home Birmingham, Alabama 2008 Assessed at $57,500
Item 390135  
Final Bid: USD $8,000
Number of Bids: 1
Your Bid Status: Login to view status
Reserve: Not Met
Status: Closed
Auction Started: 08-04-08    08:15 AM ET
Auction Closed: 08-20-08    04:15 PM ET
Asset Details
Seller Information
   
Seller Name: Lwbr2000
Rating: Seller Rating - 2.5 (3)
Location: 4300 10th Ave.
Birmingham, AL    35224
View Seller's other items
 
 
Bid Increment: $250
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $8,000
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 2.5%
Page Views:
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Asset Information Additional Details Your Bid History
This auction has been amended by the Seller on Aug 20, 2008 at 12:46 AM prior to any bids being placed.


Item Specifics
 
Residential Properties  
  Address 4300 10th Ave.AL
  Lot Size LOT 7 & E 5 FT OF LOT 8 BLK 17PRATT LAND & IMPROVEMENT CO
  Number Of Bedrooms 4.00
  Number Of Bathrooms 2.00
  Living Space 0.0
  Year Built
  Annual Taxes $328.00
  Heating System Forced Air
  Cooling System Central
  Roofing Asphalt

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.

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

4300 10th Ave.Birmingham Alabama

This is another steal. The county has this house has a 2008 county assessment of $57,500.

4Bedrooms/1 Bath; 1,728 Sq. ft. built in 1920

Flip it, rehab and rent or relocate. Whatever you do, don't pass up a great offer like this one.

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

  • 4456 7th Ave. S, Price $188,000, sold 4/4/08, 3 Bedrooms, 1 Bath, 1,729 Sq.ft built 1946

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 Birmingham. We have several other houses for sale in Alabama, start your portfolo today!

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

Current County AssessedValue

  • $57,500

 

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

 

The Home Buying Institute says Birmingham is a great place to invest in Real Estate:

 

      http://www.homebuyinginstitute.com/homebuyingtips/2008/01/birmingham-real-estate-city-in.html 

 

Entrepreneur.com ranks Birmingham #3 in Hot Cities for Entrepreneurs.

 

http://www.entrepreneur.com/bestcities/midsize.html


This is a list of Top Ten Facts about Birmingham:

 

  1. Metropolitan Birmingham ranks #15 in 2005 as one of "America's 50 Hottest Cities"
  2. Birmingham enjoys the nation's best record of long-term income growth
  3. Birmingham is listed among the 150 most affordable cities in the
  4. Birmingham, home to six Fortune 500 companies

 

For more, click on:

http://www.birminghamchamber.com/visiting/facts.html

 

Expansion Management Ranks Birminghan 10th on hottest cities list:


This community has emerged as one of the South’s leading manufacturing, distribution and health care centers, due to the diversity of industry in the region and its proximity to Atlanta. Birmingham possesses an outstanding quality of life, strong workforce development programs and low operating costs. In particular, the state’s new workforce development program, Alabama Educational Tax Credit, which offers tax credits to companies providing financial support for lifelong learning of their employees, will serve Alabama residents and companies well in the future.

 

 

Birmingham chamber of commerce site:

http://www.birminghamchamber.com/

 

For other top tips on Birmingham, Check out:

               http://www.birminghamchamber.com/business/economicdev-quickfacts.html

  

Official site of Birmingham:

 

http://www.informationbirmingham.com/

 

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
  •