Real Estate > Other > All > # 1132074

Elko County, NV:007-13E-002

Due Diligence

Seller Name:	Elko County
Rating:	Not Applicable
Location:	- -, NV

Asset was sold for $9,900

Number of Bids:	8
This is the final amount the asset was sold for. Winning Bid:	$9,900
Winner:	L***l
It is the floor at which bidding begins. Our system cannot accept a bid lower than the minimum bid amount. Minimum Bid:	$700
Your Bid Status:	Log in to view status
It is the minimum dollar amount a Seller is willing to accept for an auction. This amount is not disclosed on the Web site, but bidders are notified once the reserve price has been met. Auctions with no reserve price are labeled as "No Reserve" on the auction listing. Reserve:	No Reserve!
Status:	Sold
Auction Started:	04-15-24 11:00 AM ET
Auction Closed:	04-19-24 02:00 PM ET
Bid Increment:	$100
It is an extension of the auction close time and keeps an auction open as long as there is active bidding. It occurs automatically when a bid is placed within the last few minutes of an auction. The auction will remain open until an entire overtime increment has passed without any bidding. The overtime increment is indicated on the auction listing. Overtime Period:	5 minutes
Source:	Government
Deposit Required:	$535 — See Instructions
This fee is added to the winning bid amount and covers the costs associated with the auction. The buyer's Premium percentage is indicated on the auction listing and displayed during the bid process. See the Settlement Requirements section of the auction for more details on the Buyer's Premium. Buyer's Premium:	10.0%
Page Views:	513

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Asset Information

The Elko County Treasurer offers tax-defaulted property for auction and encourages bidders to research the property thoroughly using the following information as a starting point.

Deposit Requirement

A single $500 deposit (plus a non-refundable $35 processing fee) is required to participate in the Elko County auction.
Deposits must be received by Bid4Assets no later than 4:00 PM ET (1:00 PM PT) Monday, April 8th.
Click here to place your deposit.

Disclaimers

Elko County retains the right to reject any and all bids for any reason.
Elko County may withdraw this property from the auction at any time before or during the sale.
Elko County reserves the right to cancel the sale of a property at any time prior to the issuance of the deed.

Item Specifics - Parcel Information

Parcel Information
PIN	007-13E-002
Legal Description	NE4SW4; TOWNSHIP 38 NORTH, RANGE 58 EAST, MDB&M SECTION 15
Address	- -, NV
Acreage	40
Parcel Map	View Parcel Map
GIS	View GIS
Add'l Information	Previous Owners: ORTIZ, ROBERT

Assessed Values
Assessed Values From	2023/2024
Exemptions	$0.00
Fixtures	$0.00
Improvements	$0.00
Land Value	$1,750.00
Personal Property Value	$0.00
Total Assessed Values	$1,750.00

Tax Bill
Ad Valorem	$45.72
Special Assessment	$0.00
Total Tax Bill	$45.72
Tax Bill Year	2023/2024

Additional Information
Tax Rate Area	4
Tax Rate	2.6125%

All Seller-Related Due Diligence — (View Related Auctions)

The due diligence items below apply to all related auctions from this seller.

General Sale Information

County Terms of Sale

Tax Sale Publication - April 2024

End of Auction
After the close of the final Elko County listing for auction, all winning bidders are sent detailed instructions via e-mail on settlement procedures and how to provide the county with the necessary deed transfer information.

Elko County requires that the winning bidder submit the deed transfer information to Bid4Assets within 48 hours of the close of auction.

Bidding Requirements

To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller. Non-winning bidder deposit refunds are mailed within ten (10) business days after the close of the auction. This deposit cannot be applied to other auctions. To find out more about the BidDeposit requirement, click here.

Settlement Requirements

Full payment must be received by Bid4Assets no later than 4:00 PM ET (2:00 PM MT), Wednesday, April 24th, 2024. If the payment policy is not adhered to, the winning bidder will forfeit their deposit and may be banned from future sales.

A $35 per-auction-won administrative fee will be added to the final Sale Price. A transfer tax of $1.95 for each $500, or fraction thereof, and a $37.00 per parcel fee for recording the deed will be added to the final Sales Price.

There is a 10% Buyer's Premium (a $100 minimum) associated with the sale of this parcel. (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.

Buyer Premium Information

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