Bid4Assets is excited to beta a new and improved auction page that's faster and better optimized for mobile devices. CLICK HERE to view new auction page.

AUCTION ID #: 580704 Bookmark and Share
NO RESERVE - 3BR Brick Home w/ 1778 SqFt! Zillow $110,000!!
Item 580704  
Winning Bid: USD $2,650
Number of Bids: 15
Winner: igwendo
Reserve: No Reserve!
Status: Sold
Auction Started: 09-11-12    08:00 PM ET
Auction Closed: 09-21-12    03:30 PM ET
Asset Details
Seller Information
Seller Name: d3lliott
Rating: Seller Rating - 5 (79)
Location: 5297 Balfour Rd
Detroit, MI    48224
View Seller's other items
Bid Increment: $100
Minimum Bid: $1,150
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
Page Views:
Asset was Sold
Add to My B4A Watch List | Need Help?
Asset Information Additional Details Your Bid History
Item Specifics
Residential Properties  
  Address 5297 Balfour Rd
Detroit, MI 48224
United States
  Lot Size .13 acres
  Number Of Bedrooms 3.00
  Number Of Bathrooms 2.00
  Living Space 1,778.0
  Heating System Forced Air
  Parking Detached Garage
  Occupancy Vacant
  Display Maps Yes

Asset Description
5297 Balfour Rd, Detroit, MI
Click for full size image.
Click any image to see it full size
Click for full size image. Click for full size image.

A Gorgeous 3 Bedroom Brick Home with 1778 Square Feet!! Rent this property out for $800 / month!* Zillow value of $110,000 in 2008 - with current housing prices at an All Time Low, there will never be a better time to buy than Now! Don't Miss This Opportunity!!





- 3 Bedroom Brick Home!

- 1778 Square Feet!!

- Rent for $800 / Month!*

- Zillow $110,000 in 2008!

- Detached Garage

- Family Neighborhood

Additional Information

This auction is for the FULL PURCHASE PRICE OF THIS PROPERTY. A Quitclaim Deed will be issued.

The Seller offers these assets 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, relating to the condition of these assets. Property information may be taken from county records, and / or other online data providers, and is not necessarily verified by seller. Images may be edited / enhanced for visual appeal. In some cases, information such as square footage and number of bedrooms may be approximate.

We accept Bank Wire Transfers, and direct deposit (via teller in branch - Bank of America) for the payment of your winning bid.


Following are the steps required to complete this transaction:

1. If you are the winning bidder, you will be required to send payment of 20% of the closing price within 1 day after the close of auction, through bank wire transfer, or through direct deposit at a Bank of America branch. Payment instructions, along with a purchase agreement, will be sent via email, shortly after auction close.

2. Remaining balance + $495 (closing costs) + bid4assets fees, is due within 3 days of auction close. Once full payment, and signed purchase agreement are received, deed processing can begin.

eBay layouts
eBay layouts at

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 satisfactory inspection of the property
  • Completion of a title search
  • Investigating back property taxes and
  • 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.
Payment Type
  • Wire Transfer