AUCTION ID #: 603881 Bookmark and Share
$1 NR - Cleveland, OH NO BACK TAXES OWED!! Amazing Curb Appeal! Look!!
Item 603881  
Winning Bid: USD $2,300
Number of Bids: 13
Winner: APADL7
Reserve: No Reserve!
Status: Sold
Auction Started: 10-25-12    10:30 PM ET
Auction Closed: 11-01-12    11:00 PM ET
Asset Details
Seller Information
Seller Name: Cashflow To Retire
Rating: Seller Rating - 5 (36)
Location: 4216 East 98th Street
Cleveland, OH    44105
View Seller's other items
 
 
Bid Increment: $100
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 4216 East 98th Street
Cleveland, OH 44105
United States
  Number Of Bedrooms 3.00
  Number Of Bathrooms 2.00
  Living Space 2,224.0
  Annual Taxes $307.36
  Parcel Number 136-22-054
  Display Maps Yes

Asset Description
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$1 NO RESERVE!

NO BACK TAXES OWED!!!

VERY RARE PROPERTY!!

GREAT CURB APPEAL!

NEW HOMES BEING BUILT ON THE

SAME STREET!

PROPERTY VALUES ARE GOING UP RIGHT NOW!! I'M READING

ARTICLES EVERY DAY ABOUT THE REAL ESTATE

RECOVERY! NOW IS THE TIME TO BUY! DON'T PROCRASTINATE

ANY LONGER!

TAKE ADVANTAGE OF THIS OPPORTUNITY RIGHT NOW BECAUSE IT WON'T BE HERE MUCH LONGER!
    Item Description
 
pic3 4216 East 98th Street
Cleveland, OH 44105

* 3 Bedrooms
* 2 Bath
* 2,224 Sq. Ft.
* .08 Acres
* Single Family Residence
* Year Built - 1900
* Parcel # - 136-22-054

NO BACK TAXES OWED!! THE PICTURES WERE TAKEN LAST MONTH! There are brand new homes being built on this street! WHAT A GREAT OPPORTUNITY!

The 2011 Market Value according to the Cuyahoga County website is $77,500.00!! Great Value!

    Estimated Values

The Estimated Value from RealQuest Corelogic is $111,000.00!

The Estimated Value from Realtor.com is $94,040.00!

The Estimated Value from Homes.com is $81,100.00!

The 2011 Market Value from the county website is $77,500.00!

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There are so many possibilities! By purchasing at such a low price, you have many options available to you. You can:

  • Flip it for quick cash to another investor!
  • Flip it for quick cash to a local handyman!
  • Renovate it and rent it out for cashflow!
  • Bulldoze it and build a brand new house!
    Cash Flow

*The Estimated Rent for this property is

$650.00 - $800.00!

IF YOU ARE LOOKING TO REHAB AND RENT THIS PROPERTY, HERE IS AN EXAMPLE OF THE CASH FLOW YOU COULD POTENTIALLY MAKE:  PLEASE NOTE, THESE ARE ESTIMATED FIGURES AND IN NO WAY REPRESENT THIS ACTUAL PROPERTY.

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    Shipping Details

Once the auction has closed, we will email the winning bidder with instructions for payment and contract/deed information right after the auction ends and payment must be submitted within 24 hours.  We accept wire transfer or certified check. Once payment is received in full, we will start the deeding process and send you a copy. Once the deed is drafted, processed, and recorded, we will mail you the original. You do not have to record the deed yourself. The winning bid is for the FULL PURCHASE PRICE, not a down payment.

FIX IT UP AND RENT IT OUT FOR MONTHLY CASHFLOW.

STOP LOSING MONEY IN THE STOCK MARKET AND

START MAKING SOME REAL MONEY!

    Payment Details

DO NOT BID UNLESS YOU HAVE THE FUNDS TO CLOSE!! This is a CASH sale of the full purchase price of this home. Buyer agrees to accept this property in its current as-is condition. Any potential purchaser should do his or her own due diligence PRIOR to bidding. The buyer is responsible for determining the current market value. It was bought as-is where-is, no disclosure, no guarantees, no survey, or inspections and we are selling it the same way. We have limited knowledge about the property's current condition. We have never been to the property. The pictures shown in this listing may not reflect the current condition of the property. Any delinquent taxes, code violations, water bills, etc. are the responsibility of the buyer. If any taxes, liens, water bills, etc. are required to be paid before the deed is recorded, that is the buyer's resonsibility to take care of so we can record the deed.

You will need to include $495.00 to the winning amount to cover the preparation and drafting of the deed and documents for this sale, and also a 10% Buyers Premium ($100 minimum) to cover the cost of this auction. A Quit Claim Deed will be issued to the buyer.

TOTAL DUE = BID AMOUNT + 10% of the Winning Bid + $495 DEED FEE

 

TAKE ADVANTAGE OF THIS OPPORTUNITY RIGHT NOW

BECAUSE IT WON'T BE HERE FOREVER!

 
    Additional Images

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    Additional Information
 

pic1IF NO PAYMENT IS RECEIVED WITHIN 48 HRS, BIDDER WILL BE CONSIDERED A NPB (Non-Paying Bidder) AND WILL BE REPORTED TO BID4ASSETS, ALONG WITH MEDIATION. PAYMENT MUST BE RECEIVED WITHIN 24 HOURS AFTER CLOSE OF THE AUCTION.

These properties are for sale in "AS-IS" condition at the time of closing, including any hidden defects of any nature, liens, judgements, delinquent taxes, water bills, 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 these assets. No statements anywhere, whether expressed or implied, shall be deemed a warranty or representation by the Seller regarding the asset. 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 assets in making the decision to purchase the asset.

 
    About Us
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We are headquartered in Utah -- just outside of Salt Lake City.  Over the last 3 1/2 years, we have been involved in buying and selling over 3,000 properties.  Our partners come from diverse locations all over the country and have been involved in almost every type of real estate commerce. We also have employees, associates and partners spread throughout the country assisting us in every aspect of the business.  We appreciate your business, and please check out our other auctions!


VIEW OUR OTHER PROPERTIES!



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
  • Certified/Cashier's Check
  • Wire Transfer
  • Money Order