Bid4Assets Auction 427861 : Great Investment!! River Rouge, MI

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Asset Information

Additional Details

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Item Specifics

Residential Properties

	Address	84 Batavia River Rouge, MI 48218 United States

Asset Description

Econohomes, LLC

5 Star Rated Seller – Bid with Confidence!!!!

3 Bed / 1 Bath

84 Batavia, River Rouge, MI 48218

Contact Wayne County to verify information

Parcel Number 50-005-08-0059-000

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Here is what our Assessor had to say:

3 bed, 1 bath, 1 story, single 2 car detached garage entry through alley finished basement (has damage)

Exterior:
This is a yellow with white trim vinyl sided house. It has a very small front yard and nice big backyard. The back yard is fenced in with a wooden privacy fence. Both the front and back porches are enclosed. This house has an asphalt shingled roof that’s in good condition. This house has a cinderblock foundation. There is a small rive way on the right hand side of the house but to enter the garage you must use the alleyway that runs behind the property. The windows are all vinyl framed and the soffits and eaves are aluminum wrapped. Most of the windows are boarded up but none of the glass is broken.

Interior:
The living room (12x11.5) has a carpeted floor and wallpapered walls, with crown molding. The dining room (11.5x12) the carpeted was removed but the underlayment is in good condition. The walls are wallpapered covered; there is a ceiling fan and a drop ceiling. The kitchen (11x11.5) is in good condition it has wall to wall cabinets the sink is missing but the countertop in excellent shape. The floor has a vinyl tile, the walls are paneled, and there is a bar top counter between the kitchen and the dining room. The bathroom (7x7.5) has a vinyl tiled floor and all of its fixtures are in good working condition. There are three bedrooms one (8x12) has a wood floor that’s in good condition. The other one (8x12) has a carpeted floor with a high ceiling. The last one (8x10.5) is carpeted with wood paneled walls, and a drop ceiling. The basement was half finished there is some damage to the drywall in the basement.

*Property Specifics*
Property Address	84 Batavia, River Rouge, MI
Square Footage
No. of Bedrooms	3
No. of Bathrooms	1
Acreage	3450 sq feet
Legal Description	497A59 LOT 59 THE RIVER ROUGE IMPROVEMENT COS SUB PC 497, 525 L21 P20 WCR
Tax ID No.	50-005-08-0059-000
Year Built

Valuation

We ordered 2 proprietary AVM's as of 3/19/09.

AVM #1

$22,523.00

AVM # 2

$27,700.00

Zestimate

$32,564.00

***The values calculated using various models and techniques proprietary. This report does not constitute an appraisal and has not been prepared by a certified or licensed appraiser. Values are dependant on the correctness of any data supplied by the user.

Disclaimer

All information derived from third party sources, including but not limited to property assessments, appraisals, and title reports is deemed reliable but not guaranteed.

All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.

Settlement: A 10% non-refundable deposit is due within 48 hours, full payment is due within 10 days. A $295 deed processing fee and recording fee will be charged to the buyer. Deeds will be prepared and transferred by the seller to the Register of Deeds for recording within four to six weeks of receipt of good funds from buyer. Payment may be made by wire transfer, Moneygram, certified funds, or Paypal. Buyer will be charged for transaction fees associated with Paypal.

Buyer is responsible for all liens and encumbrances.

The Seller offers the Property for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of the Property. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding the Property. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.

General Refund Policy

Buyer acknowledges and verifies that he/she has carried out the necessary due diligence to purchase, as properties are sold "as is". As such, all sales are final, and refunds will not be granted.

Additional Details

For more information about this asset including photos, specs and more (when available), click here.

Bid4Assets Real Estate Buyer Responsibilities

Bid4Assets reminds all potential bidders on real estate 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, and b) the satisfactory completion of a title search.

By placing a bid, you acknowledge that any statements made by the seller pertaining to the condition or market value of the property are subjective, and do not release you from your responsibility to perform a due diligence review.

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