AUCTION ID #: 427948 Bookmark and Share
Large Milwaukee SFR, No Reserve, $1 Starts Bidding!
Item 427948  
Winning Bid: USD $2,505
Number of Bids: 9
Winner: 80746867
Reserve: No Reserve!
Status: Sold
Auction Started: 11-02-09    08:00 AM ET
Auction Closed: 11-10-09    01:00 PM ET
Asset Details
Seller Information
Seller Name: nationwidehomes4u
Rating: Seller Rating - 5 (1)
Location: 2729 N. 23rd St.
Milwaukee, WI    53206
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: 10.0%
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Asset was Sold
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Asset Information Additional Details Your Bid History
Item Specifics
 
Residential Properties  
  Address 2729 N. 23rd St.
Milwaukee, WI 53206
United States
  County Milwaukee
  Lot Size .09 acres
  Number Of Bedrooms 4.00
  Number Of Bathrooms 2.00
  Living Space 1,622.0
  Year Built 1907
  Property Condition No W/H
  Heating System No Furnace

Asset Description

 

 
 
Nationwidehomes4u
 
You are bidding on the FULL SALE PRICE of the property located at:
 
2729 N. 23rd St.
Milwaukee, WI 53206
Milwaukee County
 
Old Style Duplex 4 BR, 1 LR, 1 DR, 2 BA!
 
Asset Information:
Address:     2729 N. 23rd St.
Parcel ID:     310-0403-000
Stories:         1.5 
Bedrooms:   4
Bathrooms: Full 2    
Large 1622 sq.ft. home
 
 
Valuations: on 10-30-09
Zestimate: $81,500
Recently Sold comps averaged $47,235 (figure from Trulia.com)
 
Nationwidehomes4u
 
We urge that you do your Due Diligence prior to bidding.
Do not bid if you intend on looking at the property after the auction ends. You should inspect the property prior to bidding!
 
You are aware of, and agree to the following terms by placing a bid:
 
  • Any and all information set forth, herein,to be included, but not limited to, potential resale prices, renovation costs, assessment info, annual taxes and property condition, is derived from third party sources.
 
  • SELLER’S DISCLOSURE: The seller has never occupied the premises and cannot make any representations as to the condition. Therefore, this property is being offer by Seller 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.   We caution, in that the buyer, to do their own research, prior to placing a bid. Any bidder/purchaser who bids on this property agrees to this disclosure.
 
  • SETTLEMENT: A 20% non-refundable deposit is due within 48 hours; full payment is due within 5 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 end of auction.  Payment may be made by wire transfer, Moneygram, or certified funds
 
  • BUYER IS RESPONSIBLE FOR ALL LEINS AND ENCUMBRANCES.
 
  • GENERAL REFUND POLICY: By bidding Bidder agrees that they/he/she are entering into a legally binding agreement. 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.
 
WINNING BIDDER INSTRUCTIONS: If you are the winning bidder of one of our auctions, you must contact us immediately and provide us with the following information: Name(s) on deed, address where deed is to be shipped, day & evening phone numbers, fax numbers, and your email address. Once this information is received, you will be contacted within 24 hours (usually immediately) by one of our representatives.
 

Maps & Area Information

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


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 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
  •