Homes for Sale by Bidding Event
1484 Olivewood Ave
Lakewood, OH
Lakewood, OH 44107
3 bed/2 bath 1396 sq ft
SOLD! $113,200
MLS# 4155574 Starting Bid: $100,000
Type
House
Sq Ft
1396
Bedrooms
3
Lot Size
2800
Bathrooms
2
Year Built
1901
This Home is a Diamond looking for an Investor/Owner to transform it into a modern HGTV home with a few cosmetic updates.
Thru a City of Lakewood Home Improvement Program, w/ all Permits Pulled, many updates have already been done.
INCLUDING:
Brick & Chimney Liner ('02)
Windows Upstairs('08), Downstairs ('09).
In 2010: Newer HV, Electric Panel, Tankless Water Heater, some newer duct work, Plumbing & Stack Pipe w/new PVC was Installed.
First floor bath walk in Tub/Shower ('10)
Newer kitchen cabinetry ('10)
Roof on back of the Home added in ('10).
Unfinished Basement has newer glass block windows ('16)
Hardwood Trim & Flooring under the carpet, surround the open & spacious 1st Floor of the Living and Dining rm, with Charming Features of the Built in Book Case & Decorative Gas Fire Place (hardly used) that's detailed in hardwood. A 1st Floor Modern Full Bath, Ceramic Flooring, Vanity w/Granite top & Hook up for Stacked W/D. The Eat in Kitchen is spacious, (formally an open Back porch), leading out to a Private, Fully Fenced in Courtyard, with Wood Deck & Brick Patio- a private oasis. The 2nd Floor includes 3 good sized Bedrooms & Semi Updated 2nd Full Bath with Tub/Shower. The attic has pull down stairs, a newer window along with insulation. Unfinished basement offers: W/D Hook Up, Separate Storage Room & Additional Newer Toilet. 1 Car Garage, w/ Remote & newer Trex Gate, adds to the privacy of this backyard oasis.
With some Elbow Grease, Cosmetic Updates & a Few Renovations, this home would be Lovely! Close to all that Lakewood offers as a community, schools & more. Great Investment!
Auctioneer: Jeffery L Otto
License #57-199154159
Required documents to download & submit for this property:
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December 18, 2019
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Buyers and agents can bid online anytime from the beginning until the end of the published sale date.
Buyers/bidders acknowledge that all bids are public and 100% transparent to all parties, without exception.
Once the seller accepts the selected bid, the entire process will proceed like a traditional real estate transaction. The buyer will submit a signed contract to the seller with the final sales price being the highest bid offer plus the buyer’s premium. The seller will open escrow with all of the buyer’s contingencies and inspection time frame outlined in the contract. For more information contact Listing Agent!
SELLER RESERVES THE RIGHT TO ACCEPT, COUNTER OR REJECT ANY BID!
What is the “Buyers Premium” – Using our EZ Real Estate Offers option, real estate commissions can be paid by the seller, the buyer, or both. When the buyer’s paying the commission it’s called “Buyer’s Premium”. (Highest Bid + Buyer’s Premium = Sales Price)
The Selected Bidder shall provide a purchase contract within 24 hours from the time of acceptance of the selected bid by the seller. If the buyer will not provide the purchase contract within the time frame specified above, the seller reserves the right to accept other offers!
For information on how to get approved and bid online Click Here!
IMPORTANT DETAILS
In order to place a bid/offer on any property available by our online sales, you must REGISTER and create an account at the URL above. If you are working with an Agent, you will need to provide us with their contact information.
By creating your account, you agree to accept AND you understand the Terms and Conditions of the online sales process and this bidding platform.
In addition, you must either provide Proof of Funds if paying in cash OR a FULL Underwritten Loan Approval Letter From A Mortgage Lender prior to getting access to the bidding area. Registration and documents must be received NO LATER than 12:00 pm PST on the last day of the sale.
If you are not registered and/or you have not provided suitable documentation by 12:00 pm on the day of the sale, you will NOT be allowed to bid on a property!
Also, we STRONGLY encourage you or your agent to log in to your account prior to the end of the bidding time on the property you wish to bid on. It is IMPORTANT to understand the steps and functionality needed to place your bid. Technical or agent support will not be available after 12:00 pm on the final day of the sale.
Bid Increments – You may continue bidding within the limits of your proven funding. Increments can vary depending on the listing price of the property anywhere from $1,000 to $2,500.
Bidding Auto Extend – Our system Prevents Last Second Bidding by Automatically Extending the Bidding Time. Please make your final bid before 5 seconds to allow the site to refresh.
Attention Selected Bidders! – If You Are The Selected Bidder: Please have your agent submit a signed purchase agreement to the seller within the time specified in “sale terms and conditions” (please see the posting details). If you do not have an agent, please Contact Us.
Information deemed reliable but not guaranteed and subject to change without notice!