GovDeals' online marketplace provides services to government, educational, and related entities for the sale of surplus assets to the public. Auction rules may vary across sellers.
GovDeals logo
Keyword search
Close  

Bid History for 1600 Richmond Avenue, Portsmouth, Virginia
Auction Start Date: 10/04/21 9:06 AM ET
Auction End Date: 10/28/21 9:18 PM ET
Asset ID: 36   Number of Bids: 68

Processing
Loading bid history...

1600 Richmond Avenue, Portsmouth, Virginia
Auction Closed
High Bidder: v************r
Sold Amount: $53,500.00
Admin Fee ( 5.00% ): $2,675.00
Total Price: $56,175.00
View Bid History
Terms and Conditions
1,884 visitors
Tier Membership Requirements:  You must register in the Tier
   
Condition Category Inventory ID
Used/See Description Real Estate / Land Parcels 0103-1100
Condition Category
Used/See Description Real Estate / Land Parcels
Inventory ID
0103-1100
ALL THAT certain lot of land, with its buildings and improvements thereon, lying, situate and being in the City of Portsmouth (formerly in the County of Norfolk) State of Virginia, and known, numbered and designated as Lot Numbered Three Hundred and Forty-two (342) on Plat No. 4, North Truxtun, dated October 6, 1948, made by S. W. Armistead, C.B., and duly recorded in the Clerk’s Office of the Circuit Court of the City of Chesapeake, (formerly Norfolk County) Virginia, in Map Book 32 at page 14, to which plat referenced is hereby made for a more particular description of said land. The said lots on the South side of Manly Street with dimensions as shown on said plat.

Tax Map No: 0103-1100 Property Address: 1600 Richmond Ave., Portsmouth, VA

Additional Info: Bid Deposit Instructions- $5000.pdf
Questions and AnswersQuestions and Answers
There are currently no questions posted for this asset.
 
Seller InformationSeller Information
Seller Name Portsmouth - Real Estate, VA
Asset Location 1600 Richmond Ave
Portsmouth, Virginia 23704-4440
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%, 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) #: 19558-36 (GD)