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It's All About the Neighborhood
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Listing ID: 120697 
Status: Ended
528 Norwood Avenue ~ Collinsville, IL Single Family | Urban Residential
Current Bid: $80,000  (Reserve Met)
Number of Bids: 2 Bid History
High Bidder: Nathan
 
Bidding Opens: Aug 22, 2022 7:00 PM
Bidding Ends: Aug 28, 2022 7:00 PM  (Eastern)
Starting Bid: $75,000
Contact: Bill Scaturro
See Terms Below for Bidding Instructions
 
Contact Info Address Info Property Info Pictures Description Bidding History Questions Terms
Files


Contact Information
Contact Type: Listing Agent
Contact Name: Bill Scaturro
Agency Name: The Auction House Co
Contact Phone: 618-344-3545
Showings: On Lock Box


Address Information
Street Address: 528 Norwood Avenue
City: Collinsville
County: Madison County
State/Province: IL
Postal/ZIP Code: 62234
Country: United States
Map:
Click for Expanded Google Map / Directions 

Property Information
Property Type: Single Family
Category: Urban Residential
Bedrooms: 2
Full Bathrooms: 2
Half Bathrooms: 0
Square Footage: 2,030 (Approximate)
Lot Size: 80 x 145
Basement: Basement - Partially Finished
Parking: 2 Car Garage
Year Built: 1945
Taxes: $1,145
MLS/FMLS ID: 22054966

Picture Gallery

Description
THIS HOME SITS ON A LARGE LOT ON A QUIET STREET IN A NICE NEIGHBORHOOD.  SEVERAL UPDATES, NEWER WINDOWS, FLOORING, HVAC & ROOF.  EAT-IN KITCHEN WITH RANGE & FRIG. THE LOWER-LEVEL BONUS ROOM COULD BE A THEATER, PLAYROOM, EXERCISE ROOM, OR AN OFFICE.  A FINISHED WORKSHOP FULLY INSULATED GARAGE WITH ONE 8'0 INSULATED OVERHEAD DOOR & ENTRY DOOR. THIS GARAGE HAS ELECTRICAL UPGRADES (DEDICATED ELECTRICAL PANEL W/SEVERAL OUTLETS & LIGHTS), & GAS FURNACE.  THIS IS AN INVESTMENT OPPORTUNITY IN COLLINSVILLE THAT IS A FAMILY ORIENTED TOWN WITH A BOOMING DOWNTOWN OF ITALIAN EATERY, BARS, IRISH PUB, CONCERTS AT THE OLD HERALD BREWERY, & WALKING DISTANCE TO THE ITALIAN FEST. THIS HOME IS IDEAL FOR A COUPLE WITH CHILDREN AND HAS ALOT OF POTENTIAL & NEEDS YOUR PERSONAL TOUCH & TLC ALONG WITH PAINT. DON'T LET THIS ONE SLIP BY.  HOME SOLD AS-IS!
                                      
                                                                                                        ~AUCTION TERMS~
Winning bidder will enter into a written contract to purchase, and will place $1,000.00 down for deposit to be held in escrow with the balance due 30 days from auction date.  A 6% buyers premium will be added to the final bid price as a buyers expense on the property.  Earnest money and buyers premium are non-refundable and due the day of sale.  Property sold as-is.  All information is presented in good faith.  All inspections, surveying, due diligence are the sole responsibility of the buyer.  The property sells with no contingencies.  All Sales Final.
 
 
 
 
                                        
 
                                           

Files
File NameDescriptionFile Size
ATT001_Stat Sheet.pdf Stat Sheet 605 KB

Bidding History
BidderBid AmountBid TimestampAuto-Bid
Nathan$80,000 Tue - Aug 23, 2022 04:50:42 PM
Nathan$76,000 Tue - Aug 23, 2022 02:38:46 PM

Questions
 
----- No Questions -----

Terms
  1. To bid on our property, you must be of legal age to enter into contract to purchase real estate (18 in most states, 21 in others). If you're in doubt about the legal age to enter into contract in your state, please consult with competent legal counsel before bidding.
  2. While auction is "active", all bids MUST be placed online.  Written offers will not be accepted.
  3. Highest bid is subject to seller approval.
  4. A 6% Buyers Premium will be added to the final bid price as a buyers premium on the property.  Earnest money deposit of $1,000 shall be held at title company handling the closing.
  5. All bids are placed in US Dollars.
  6. Earnest money and buyers premium are nonrefundable and due within 1 day of auction close, winning bidder will be asked to obtain loan pre-approval or show proof of funds and sign a sales contract at the winning bid amount and based on the terms described here.
  7. If you are outbid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire.
  8. The bidding will be open and everyone will have access to the bid history during the auction.
  9. As the auction nears the ending time it will auto-extend until bidding is silent for 2 minutes.
  10. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
  11. The high bidder will be notified via email after the auction ends.
  12. Seller reserves the right to postpone or cancel this auction at any time for any reason.
  13. Sale is “as-is”, "where-is". Seller will not fix anything.  Property sells with no contingencies.
  14. All inspections, surveying, due diligence are the sole responsibility of the buyer.
  15. Closing will take place at seller's and winning bidder's agreed upon title company within 30 days of signing the contract.
  16. Winning bidder may, at their option and expense order a title examination and insurance.
  17. Seller will include the following personal property in the sale: None
  18. Seller will exclude the following real property from the sale: None
  19. All Sales are Final.
Buyer Premium: 6.0%
This fee is added to the winning bid amount and is paid by the Buyer. High Bid + Buyer Premium = Selling Price.

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