10 DAY AUCTION

 

NO RESERVE!!

 

-HIGHEST BIDDER WINS AND OWNS THIS HOME FREE AND CLEAR

 

-EXCELLENT LOCATION

 

-CLOSE TO MAJOR HIGHWAY

 

-NEAR SHOPPING, ATTRACTIONS AND EMPLOYMENT CENTER

 

-WALKING DISTANCE TO CHURCH

 

-IDEAL FAMILY HOME OR RENTAL

 

-STRONG CASH FLOW POTENTIAL

 

 

NOTE:

This home is being relisted again due to an non-closing offer we accepted August.  The buyer did not have the funds to close the transaction so please folks, DO NOT BID if you cannot follow through with our terms and conditions.   

 

 

Property Address:

541 Martha Ave
Dayton, OH  45408

 

Property Features:

 

·                     Single Family Property ·                     Area: West Dayton ·                     County: Montgomery ·                     Year Built: 1915 ·                     2 total bedroom(s) ·                     1 total bath(s) ·                     1 total full bath(s) ·                     Approximately 1212 sq. ft. ·                     Single story

·                     Kitchen ·                     Laundry area ·                     Laundry area is 6x10 ·                     Heating features: Gas ·                     Interior features: Eat-in kitchen ·                     Exterior features: Public water ·                     Lot is 7401 sq. ft. ·                     Approximately 0.17 acre(s) ·                     Lot size is less than 1/2 acre

 

 

This charming 2 bedroom, 1 bath home is located on a huge corner lot.  It has new interior and exterior paint.  New carpet has been put in throughout the entire house including new vinyl flooring in the kitchen and bathroom.  Some of the few upgrades that have been done in kitchen are: new stainless steel sink, new kitchen cabinet handles, newly painted cabinets and a new range hood.   The bathroom upgrades that have been done are: new toilet and new pedestal sink with new faucet handles. 

 

This is a home with many possibilities.  The home features a spacious living area with a living room/dining room combo.  It has a nice size kitchen with abundant cabinet space.  Each of the two bedrooms are spacious and livable, and the home features a newly feel throughout the entire house.  There are also ceiling fans for added style and comfort.

 

The exterior of the home features a large front porch, attractive wood siding, as well as a large backyard and side yard area.  The roof has not been inspected, however it appears to be in good condition, and there are no leaks apparent in the home.  

 

This house is perfect for a family to live in, or for an investor.  Similar homes in the area rent for $500-$600 and up per month, making this home a great buy with an attractive return. 

 

*Electrical and plumbing needs to be checked and turned on*

 

 

Recent comps in the area:

486 S Kilmer St  $65,000

2338 Lakeview Ave $53,000

432 Ethel Ave  $57,500

 

 

 

TERMS

You are bidding on the FULL PURCHASE PRICE of this auction.  Upon completion of this auction, and final payment, the HOME WILL TRANSFER FREE AND CLEAR TO THE BUYER.

There are no liens against this property, and title is insurable.

Purchaser agrees to accept the property in "AS IS, WHERE IS" condition at the time of closing, with NO WARRANTY EXPRESSED OR IMPLIED.  Any representations of this property are merely the opinion of the seller.  All buyers are encouraged to perform their own due diligence.

WE ENCOURAGE YOU TO DO YOUR OWN DUE DILIGENCE PRIOR TO PURCHASE. WE WELCOME YOU TO VISIT THE HOME.  TO ARRANGE ACCESS, SEND ME YOUR FULL NAME AND PHONE # 

This is a CASH AUCTION.  When submitting your bid, you must have funds on hand to complete the purchase.  There will be no time to arrange for bank financing.

THIS AUCTION IS FOR SERIOUS BIDDERS ONLY. Please do not bid if you will not fulfill your obligation!  Any winning bidders who do not close will be reported to eBay for buyer misconduct.  

 

 CLOSING PROCESS

Upon winning the auction, BUYER MUST CONTACT SELLER IMMEDIATELY via email and provide full contact information including phone number to be reached at.  Email must include the following:

1. Name to be placed on deed.

2. Fax number.

3. Signed contract of sale to be provided by seller and faxed back

4. $3,500.00 non-refundable earnest money deposit in the form of a certified check, or money order via overnight delivery service.  This deposit must be received within 24 hours of winning the bid.  If the seller has not received funds or heard from the purchaser within this period, the transaction will be considered void, and buyer misconduct will be reported to eBay.

Buyer also agrees to add the appropriate closing and transaction costs to the amount of the bid.  This covers deed preparation, transfer tax etc.  Exact amount due will be computed by seller’s title company handling the closing, and will be shown on the final settlement sheet.  Estimated closing cost is around $600.00.

Title is insurable. Keep in mind that this is just an estimate. If you have any other questions, you may contact the following: Lawyers Title of Dayton 8250 Washington Village Drive Dayton, OH 45458-1850 (937) 291 8200 Contact: Joyce Hiler 

Closing of this transaction is within 10 days or sooner after the auction ends.  The balance due must be sent to our title company via cashiers check or money order on or before the closing date.  The balance due is equal to the final sales price, less the $3,500.00 earnest money deposit plus applicable closing costs to be detailed on the settlement sheet. Our title company will prepare your deed and send the deed to the County to record into your name.  You will receive confirmation that the deed has been sent for recording.

Please ask any questions prior to the auction’s end. There is no time to do so once the auction is over.

YOU MUST READ AND AGREE TO THE TERMS PRIOR TO SUBMITTING A BID.

We reserve the right to end this auction at any time if a reasonable offer is accepted. Please note this property is listed elsewhere.