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Bid History for 4212 Bart Street, Portsmouth, Virginia
Auction Start Date: 10/04/21 8:01 AM ET
Auction End Date: 10/28/21 9:00 PM ET
Asset ID: 31   Number of Bids: 77

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4212 Bart Street, Portsmouth, Virginia
Auction Closed
High Bidder: v************r
Sold Amount: $75,556.00
Admin Fee ( 5.00% ): $3,777.80
Total Price: $79,333.80
View Bid History
Terms and Conditions
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Condition Category Inventory ID
Used/See Description Real Estate / Land Parcels 0307-0390
Condition Category
Used/See Description Real Estate / Land Parcels
Inventory ID
0307-0390
Parcel 1

All that certain lot, piece, or parcel of land with buildings and improvements thereon, lying, situate, and being in the City of Portsmouth, Virginia, and known, numbered, and designated as one-half of lot number nine (9), and parts of lots eleven (11), thirteen (13), and fifteen (15), in Block 45, as shown on the plat of the subdivision into lots of the Land of the Livingston Land Company, recorded in the clerk’s office of the Circuit Court of the City of Chesapeake in Map Book 7, at Pages 98, 99, and 100.

Parcel 2

All that certain lot, piece, or parcel of land with buildings and improvements thereon, lying, situate and being in the City of Portsmouth, Virginia, and known, numbered and designated as Lot Twelve (12) and the Western one-half of Lot Ten (10) in Block Forty-Five (45) on the Plat of Virginia Realty and Investment Company, duly recorded in the Clerk’s Office of the Circuit Court of the City of Chesapeake, in Map Book 7, pages 98, 99, and 100 (“Parcel

Tax Map No.: 0307-0390 Property Address: 4212 Bart Street, Portsmouth, VA

Additional Info: Bid Deposit Instructions- $5000.pdf
Questions and AnswersQuestions and Answers
Q: pictures inside please? (10/4/21 7:49 PM)
A: The special commissioners are appointed by the Circuit Court to sell the properties, but we do not have authority to enter the interior of the properties. (10/5/21 8:45 PM)
Q: The additional info link has an address of a different property. 4212 Bart street? (10/9/21 4:23 PM)
A: Thanks for the heads-up fixed (10/11/21 7:43 AM)
Q: Hi there, does the property owes any bank, liens or back tax. Also is there any hidden fees other than the winning price. (10/11/21 3:05 PM)
A: There are delinquent real estate taxes owed on this property. However, the high bidders takes free and clear of all liens after the judicial sale is approved by the Circuit Court. (10/12/21 1:41 PM)
Q: Do you still have to do a real estate closing or are all fee in owing property calculated at sale. (10/12/21 3:38 PM)
A: There is no formal closing. The Special Commissioner will calculate the recording costs and buyer's premium based on the high bid at the auction. The Special Commissioner will prepare and record a special warranty deed to the high bidder after the sale is confirmed by the Circuit Court. (10/12/21 4:11 PM)
 
Seller InformationSeller Information
Seller Name Portsmouth - Real Estate, VA
Asset Location 4212 Bart St
Portsmouth, Virginia 23707-2912
Map to this location
InspectionInspection
Prospective bidders will not be permitted to inspect the properties prior to the Auction; however, bidders are welcome to contact our office with questions about the properties. Please use the 'Ask a Question' feature to ask a question

PaymentPayment
The Buyer's Certificate will contain information to schedule payment & removal.

TAX EXEMPTION: Where taxes are applicable (see the Buyer's Certificate), Tax Exempt documents must be provided to this seller within 24 hours of the auctions close and before payment is made. Please use the 'Ask a Question' feature for all questions.

Payment in full is due not later than five (5) business days from the time and date of the close of the auction. Acceptable forms of payment are: U. S. Currency, Certified Cashiers Check, Money Order, or a Company Check (with Bank Letter guaranteeing funds - mandatory).Checks shall be made payable to: Jason A. Dunn, PLC

ONCE THE BID HAS BEEN ACCEPTED, AND BEFORE ANY PAYMENT CAN BE MADE, WE MUST CREATE A BILL OF SALE. WITHIN 24 HOURS AFTER THE AUCTION HAS CLOSED, THE CITY OF PORTSMOUTH WILL EMAIL THE HIGH BIDDER WITH DETAILED PAYMENT INSTRUCTIONS (Total costs = Amount of the winning bid + 5.0% of the winning bid (Admin Fee) + recording fees + transfer taxes, etc.). THIS EMAIL WILL BE IN ADDITION TO THE BUYER'S CERTIFICATE FROM GOVDEALS.

Additional FeesAdditional Fees
Administrative Fee: 5.00%
RemovalRemoval
The successful high bidder must pay the remaining balance of the high bid, the administrative fee of 5%, and the recording costs within ten days of the completion of the auction. Title to the property will be conveyed be special warranty deed following the confirmation of the judicial sale by the Court. Real Estate Taxes are prorated as of the sale date.

Special InstructionsSpecial Instructions
NOTICE: If you are the winning bidder and default by failing to adhere to this sellers terms and conditions your account with Liquidity Services WILL BE LOCKED.

Guaranty Waiver. All property is offered for sale 'AS IS, WHERE IS.' Portsmouth - Real Estate, VA makes no warranty, guaranty or representation of any kind, expressed or implied,. Please note that upon removal of the property, all sales are final.

Description Warranty. In the event that the winning bidder default in the full payment of the purchase price, the administrative fee of 5.0%, and the recording costs, then the seller will forfeit the buyer's down payment of 20% and apply those funds to the costs of the auction and the seller shall retain all legal remedies available at law against the defaulting purchaser.

Quick Asset Lookup (QAL) #: 19558-31 (GD)