1491 S. Belvoir Blvd. South Euclid, Ohio 44121

FOR SALE BY COURT APPOINTED RECEIVER

Online bidding only. Auction ends Wednesday, November 8 @ 2PM

Court Appointed Receiver, Prodigy Properties, presents the opportunity to acquire 1491 South Belvoir Blvd., a single family property in South Euclid, Ohio.  South Euclid is considered a sub-market of Cleveland & located less than 8 miles from downtown Cleveland, Ohio.  Close proximity to multiple shopping & dining options, area parks, hospitals, schools, & easy access to I-271.  According to public record the property was built in 1955 & features 1,664 SF, 3 bedrooms & 2.5 bathrooms.  Situated on 1 parcel totaling 0.313 acres, the property has a 1 car attached garage, a covered front porch, deck, & storage shed. 

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.  Bidding is scheduled to conclude on November 8, 2023 at 2pm ET.  The high successful bidder must wire transfer a deposit of $5,000.00 within 24 hours of auction end and must execute the Receiver’s Purchase and Sale Agreement (“PSA”) (view here), within 1 hour of auction end.

Do not trespass.  Property is available for showings – APPOINTMENT REQUIRED.  Please contact Kurt at [email protected] to schedule a showing, or if you have representation, contact your agent to schedule a showing.

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 $60,000 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.
• 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.
• $5,000.00 deposit must be wired to title company within 24 hours of auction end.
• Receiver’s PSA (view here) must be executed by the high successful bidder within 1 hour after the auction conclusion. The terms of the PSA are NON-NEGOTIABLE.