AUCTION ID #: 428202 Bookmark and Share
****(COMPS $500K) 4437 SF Jackson, MS ($1 NO RESERVE) Free & Clear****
Item 428202  
Final Bid: USD $3,501
Number of Bids: 7
Your Bid Status: Login to view status
Reserve: No Reserve!
Status: Closed
Auction Started: 11-11-09    09:00 AM ET
Auction Closed: 11-18-09    09:00 PM ET
Asset Details
Seller Information
Seller Name: ALLGPI
Rating: Not yet rated
Location: 2929 Enochs Street
Jackson, MS    39213
View Seller's other items
 
 
Bid Increment: $500
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 Information Additional Details Your Bid History
This auction has been amended by the Seller on Nov 16, 2009 at 5:00 PM prior to any bids being placed.
Item Specifics
 
Residential Properties  
  Address 2929 Enochs Street
Jackson, MS 39213
United States
  County Hinds
  Lot Size 7593 sq. ft
  Living Space 4,437.0
  Year Built 1954
  Water Public
  Sewer Public
  Parking Onsite Parking
  Occupancy Vacant

Asset Description

Property Address:  2929 Enochs Street, Jackson, Mississippi 39213
Legal Description:  Lot 6 Block D Hyde Park Subdivision; APN# 0407-0071-000
Sq. Footage (Sq. ft.):  4,437
Year Built:  1954
Lot Size (Sq. ft.):  7,593

Capital city of Mississippi with HIGH POPULATION!

Below/Under Market Value!  (NO RESERVE, BIDDING

STARTS AT $1)

PROPERTY TAXES are CURRENT & are approximately

$1,300/year.  There are no delinquent or back taxes.  FREE &

CLEAR of mortgages/liens.

 

GROUP HOME/Store

 

Convenience Store, Restaurant, Antique Store, Beauty

Salon, & Carwash at one time.  Or use it as a large house,

office, retail, commercial, and apartment/apartments or units. 

Concrete block wall construction with masonry. 

 

COMPARABLE LISTINGS:

.1) 2665 I-55 South, Jackson, Building Size: 3,850 SF, Price: $195,000

2) 2570 Siwell Road, Jackson, Building Size: 8,500 SF, Price: $275,000

3) 1209 E. Fortification St., Jackson, Building Size: 3,500 SF, Price: $290,000

4) 731 South Commerce St., Jackson, Building Size: 8,280 SF, Price: $399,000

5) 4325 State Street, Jackson, Building Size: 3,843 SF, Price: $400,000

6) 371 Edgewood Terrace, Jackson, Building Size: 5,688 SF, Price: $455,000

7) 1801 Crane Ridge, Jackson, Building Size: 4,500 SF, Price: $499,000

8) 975 North Street, Jackson, Building Size: 9,520 SF, Price: $536,000

9) 431 Tombigbee Street, Jackson, Building Size: 8,000 SF, Price: $650,000

10) 5827 Ridgewood Road, Jackson, Building Size: 3,000 SF, Price: $650,000

11) 1428 Old Square Road, Jackson, Building Size: 6,951 SF, Price: $799,000

12) 805 East River Place, Jackson, Building Size: 7,150 SF, Price: $800,000

13) 6390 Ridgewood Road, Jackson, Building Size: 7,800 SF, Price: $1,195,000

Additional Terms of Service

This property is 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, expressed or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of this property. No statement anywhere, whether expressed 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. All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase. All the information is obtained from 3rd party sources.



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
 
 
  • Certified/Cashier's Check
  • Wire Transfer
  • Money Order
  • Full payment is due within 3 days.  Please add $295 for deed preparation fees.  Deeds will be prepared and transferred by the seller to the Recorder's Office for recording within one week of receipt of good funds from the buyer.  Payment may be made by wire transfer, money order, or certified bank check.

 


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
  •