ForeclosureAuctions.com & OhioForeclosures.com > Auctions > 2724 Fremont Street Toledo, Ohio 43605

2724 Fremont Street Toledo, Ohio 43605

Auction closed for price: $35,300.00
Auction ID :
#51097
Reserve :
Reserve price met.
Location :
Posted On :
5th of October 2023 at 12:58 PM ET
Ending On :
2nd of November 2023 at 2:00 PM ET
Watch List :
Image Gallery
Property Specifications
Year Built 1965
Annual Taxes $942.92
Lot Size 0.179
Parcel ID 1616794, 1616797
Defendant KD Property Group, LLC
File No.
Case No.
Appraisal Amount
City Toledo
Square Feet (per auditor) 1400
Number of Units 2
Showings & Availability Yes
Description

FOR SALE BY COURT APPOINTED RECEIVER

VALUE-ADD INVESTMENT OPPORTUNITY

Online bidding only. Auction ends Thursday, November 2 @ 2PM

Court Appointed Receiver, Prodigy Properties, presents the opportunity to acquire 2724 Fremont Street, a multi-family property located in Toledo, Ohio.  The property is located less than three miles from downtown Toledo, Mercy Health – St. Charles, Erie Regional Medical Center, and less than one mile to I-280, multiple shopping and dining options.  According to public record the property was built in 1965, features 1,400 SF with 2, 2 bedroom, 1 bathroom units.  Situated on 2 parcels, totaling 0.179 acres, the property also has off street parking. 

Property will be sold 100% AS-IS, free and clear of all liens, with property taxes prorated and paid off to the day of closing.  Seller may, in its sole discretion, accept or reject any bid or offer for any reason, at any time, without notice.  No representations, warranties, or guarantees.  A 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.

Do not trespass.  Property is available for showings – APPOINTMENT REQUIRED.  To view property / financial reports and additional information, prospective buyers / agents must:

– Complete and submit a Confidentiality Agreement – 2724 Fremont St (“View Here“)

– Send the executed confidentiality agreement to [email protected] with date and time of showing request 

Only Pre-Approved bidders may bid.  To receive bidding privileges you must email the following items to [email protected]:

  1. Your www.ForeclosureAuctions.com username and associated email
  2. Executed Purchase and Sale Agreement 2724 Fremont St  (“View Here“)
  3. Executed Confidentiality Agreement 2724 Fremont St (“View Here“)
  4. Proof of immediately available funds of at least the opening bid amount of $20,000
  5. Have otherwise met all other reasonable requirements of the Receiver

Licensed Ohio real estate agents seeking a commission MUST meet the associated requirements by properly registering themselves as the agent through the link within each individual auction their client will be bidding on before their client places any bids whatsoever – NO EXCEPTIONS.  The rest will be up to the buyer, as they will have to successfully register themselves as an individual or company, and place their bid(s) on their own once they have been approved to bid.

***** The agent does not place bids on behalf of the buyer *****

Photos, marketing comments, and due diligence items are provided for guidance purposes only.  All information provided is believed to be true, but cannot be guaranteed.  It is up to the bidder to verify due diligence reports and any / all code violations prior to bidding, to the extent any exist. BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.

Key sale points:

  • The opening bid is $20,000 with an unpublished reserve.
  • Property is sold 100% AS-IS, WHERE-IS, with all faults, to the extent any exist.
  • Property is sold subject to any / all code violations, to the extent any exist.
  • Property is sold subject to court approval.
  • Seller reserves the right to accept or reject any bid or offer, at any time prior to or subsequent to auction end, for any reason, without notice.
  • Information contained in any advertisement is not guaranteed or warranted.
  • No contingencies will be accepted, except the Seller’s ability to convey insurable title.
  • Property will be sold free and clear of all liens.
  • Property taxes will be prorated and paid off to the day of closing.
  • Absolutely no financing contingencies.
  • Absolutely no inspection contingencies.
  • Tenant’s personal property is not included in the sale.
  • 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.
  • 10% earnest money deposit, w/ a $5000 minimum, must be immediately wired to the Receiver’s title company and received by 2pm 11/3/23. 
  • The terms of the sale are fully set forth in the Purchase and Sale Agreement and are not negotiable

Posted Bids
BidderBid AmountDate MadeWinner
We********1$35,300.0002-Nov-2023 12:53:46Yes
Br*********1$35,200.0002-Nov-2023 12:53:43 
Br*********1$35,100.0002-Nov-2023 11:30:36 
We********1$35,000.0002-Nov-2023 10:43:00 
je***********7$34,999.0002-Nov-2023 10:42:58 
je***********7$32,100.0029-Oct-2023 06:31:50 
Br*********1$32,000.0029-Oct-2023 06:31:47 
je***********7$31,100.0028-Oct-2023 15:29:30 
Br*********1$31,000.0028-Oct-2023 15:29:28 
je***********7$30,100.0028-Oct-2023 07:53:08 
Br*********1$30,000.0028-Oct-2023 07:53:06 
je***********7$28,100.0028-Oct-2023 06:57:53 
Br*********1$28,000.0028-Oct-2023 06:57:51 
je***********7$26,100.0024-Oct-2023 16:37:39 
Br*********1$26,000.0024-Oct-2023 16:37:37 
je***********7$25,100.0024-Oct-2023 16:37:15 
Br*********1$25,000.0024-Oct-2023 16:37:13 
je***********7$24,100.0024-Oct-2023 16:36:27 
Br*********1$24,000.0024-Oct-2023 16:36:26 
je***********7$23,100.0024-Oct-2023 16:35:54 
Br*********1$23,000.0024-Oct-2023 16:35:51 
je***********7$22,100.0024-Oct-2023 16:34:24 
Br*********1$22,000.0024-Oct-2023 16:34:22 
je***********7$21,100.0024-Oct-2023 15:59:56 
Br*********1$21,000.0024-Oct-2023 15:59:55 
Br*********1$20,000.0024-Oct-2023 15:52:38 
Map Location

In order to bid on this property you must pre-authorize a deposit of $ on your credit card. NO hold will be placed on your credit card and your credit card will NOT be charged, UNLESS you are the high bidder and do not pay the required deposit within 24 hours of the advertised auction end. A $200 administrative fee will be added to any deposit that is charged to a credit card.