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Bidding Closed: 05/07/2019 - High Bid: $84,000 - Court Ordered Sale: 8160 Ravenna Rd. Painesville, OH - Auction Closed: Tuesday, May 7, 2019 - 4 PM EST

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1 T1-1.jpgONLINE COURT ORDERED SALE

Final Bidding & Closing: Tuesday, May 7, 4 PM

8160 RAVENNA RD.
PAINESVILLE, OH 44077

Do Not Trespass - Occupied

Opening Bid: $84,000 - 2/3 Appraised Value
(Property Appraised for $126,000)

Township of Concord, County of Lake

3 Bed, 1.5 Bath Split level home on 1.1 Acres with 2 car attached garage; Vinyl siding; Propane tank; Rear deck; Shed; sits back from road; Central A/C; Screened in room in rear; Shard driveway with recorded easement.; Painesville City Schools; Parcel 08-A-001-B-00-019-0 - Tax Value $143,110 - Annual Taxes: $3,348

Lake County 18CF001723; United States of America Acting Through the Rural Housing Service, United States Department of Agriculture (USDA) v. Jared E. Toth, et al.

This is a Foreclosure Auction ordered by the Lake County Common Pleas Court. Liens joined in the foreclosure or filed after the commencement of the foreclosure are released as to the property as a matter of law. The property sells with a minimum opening bid of $84,000. A 10% buyer's premium ($1000 Minimum) will be added to the high bid to obtain the final contract selling price. The high bidder will immediately post a pre authorized deposit via ACH transfer for $5,000 as a non-refundable deposit held in escrow which will apply towards the total purchase price at closing. The real estate is sold As Is with no contingencies. It is the bidder's responsibility to determine if the property is sold subject to delinquent utilities, demolition orders or other matters of public record that may adversely affect its value. Any inspections must be done prior to Auction. All information contained herein was derived from public sources. Information is believed to be accurate, but not guaranteed. The sale will be reported to the Court with the expectation of confirmation. Once Court confirms sale (which varies due to several factors) High Bidder is legally required to pay balance and Close within 30 days of court confirmation at court appointed title company; Buyer pays all of their own closing costs. No contract signed at auction. The purchaser shall be responsible for those costs, allowances, and expenses that the proceeds of sale are insufficient to cover. (Should property not bring the opening bid, it will be re-offered on the Second Sale Date: 05/21/2019; Same time applies)

AGENTS: Please see MLS or byceonline.com under forms for the agent/broker registration. Note: Agent/Broker Registration Must be sent in 48 Hours in advance of the start of scheduled sale of real estate.

Jeff Byce, PSO - ByceREALTY, 330.747.7000


20190307 Preliminary Judicial Report - USDA vs Toth.pdf
Auditor's Report - Ravenna Rd.pdf
Legal Description.pdf
toth easement.pdf
Frequently Asked Questions with Estimated Closing Costs - Court Ordered Sales.pdf



1 4006 84,000.00   ended

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