PROHIBITED PARTIES

The contractor, its employees, and their families and/or persons acting for and/or on behalf of the contractor are prohibited from bidding on any property offered for sale by the United States Government.

In order to avoid a conflict of interest, or the appearance of a conflict of interest, the following classes of persons are prohibited from purchasing, either directly or indirectly, property forfeited to the United States which is to be sold under this contract or any subcontract to this contract.

To view the entire Prohibited Parties Terms please click here.

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• Subject property is located at 811 Crest Avenue, Gadsden, Etowah County, Alabama 35901-2247.
• Legal Description: Lot Number Five (5) in Colwell Addition to Gadsden, according to the map or plat thereof recorded in Plat Book “D”, Page 259, Probate Office, Etowah County, Alabama, and being in Gadsden, Etowah County, Alabama.
• Assessor’s Parcel Number: 10-08-33-3-000-043.000
• Site area is .19 acre +/-
• Zoning for this property is SFR-1, single family residential.
• The property is bounded by the city limits of Gadsden in all general directions, as the neighborhood is the city of Gadsden. The neighborhood is built up of single family homes, with many different design, including one (1) story, 1.5 story, 2 story and split levels/split foyers. This property is located near schools, recreation, places of worship and shopping. Roads are constructed of asphalt and provide easy access to the transportation network, shopping, recreation and entertainment. Medical and employment are available within commuting distances of the property.
• This is a one (1) story detached property which consists of a foyer, living room, dining area, kitchen, den, two (2) bedrooms and two (2) bathrooms and consists of 1,577 +/- square feet of gross living area. This property is in fair to poor condition.

This is pursuant to a Default Judgment of Forfeiture dated June 8th, 2009.

Disclosure:The subject property was built prior to 1960. The Seller has no knowledge of lead-based paint hazards in the housing, nor does it have any records or reports pertaining to lead based paint. The Seller will give the buyer the opportunity to conduct a risk assessment or inspection of the property for the presence of lead based paint hazards. This must be done within 10 days following the close of the auction. The winning bidder may also choose to waive the opportunity to conduct a risk assessment or inspection of the property. An addendum has been added to the purchase agreement in regards to this opportunity which must be signed within 24 hours of the close of the auction.