Live Onsite Auction of BANK OWNED REAL ESTATE at 48 Pvt Dr #2496-36, Chesapeake, OH 45619 on Thursday, August 13th@ 6:00pm. {ONLINE BIDDING AVAILABLE ending @ 6:30pm}. NOTE: $130,000 represents the appraised value and does not constitute an ask price as this property is selling at Auction. Tax Value $172,570 ~ Appraised Value $130,000 ~ Bid Your Price @ Auction! PROPERTY DESCRIPTION:1,896+/- SF, 3 Bedroom, 2 Bath, 2-Story built in 1980 over a raised crawl space on 9.68+/- acres. Includes detached garage. INSPECTION:1 Hour Prior to Live Auction. TERMS:Property sells as-is with no contingencies for financing, inspections or otherwise subject to seller confirmation at the conclusion of bidding. 10% Buyer's Premium will be added to winning bid to establish final contract selling price. Short tax proration. Buyer pays all closing costs. Clean deed at closing with no back taxes or other encumbrances. DEPOSIT AND CLOSING:Successful bidder will be required to deposit the 10% buyer premium amount by check at the conclusion of the auction if present onsite or via wired funds by the end of business the day after auction if bidding online. *ONLINE BIDDING NOTES: Bid Increment:$500. Max Bid:Place your 'max bid' in the bid box, click the bid button and select whether you want to raise to your maximum or bid the next increment allowing the system to bid on your behalf up to your max bid.You will be notified by email and or text if your maximum is exceeded by another bidder if you enable texts and emails. Live Auction Bidding vs Online Bidding: On Thursday, August 13, 2026 at 6:00pm, the property will be offered for live bidding starting at the current online high bid at that time. Assuming the onsite bid exceeds the online bid level, that figure will be inserted to the online bidding platform. Online bidders will have until 6:30pm to advance the bid. From that time, bidding extensions will be implemented as outlined below. Bid Extensions:If a bid is placed in the last 3 minutes before the scheduled auction end time, bidding will extend back out to 3 minutes. Bid extensions will continue until a 3-minute period of time elapses after the stated auction end time with no advance in the bidding. Disclaimer & Legal Disclosure: Information contained herein was obtained from sources deemed reliable. However, neither Auction Firm, Auctioneers, nor their agents will be responsible for any errors or omissions regarding information provided by same. Buyers should carefully verify all information and make their own decision as to the accuracy thereof before relying on same. In all reserve auctions, Seller & Seller's agent's are permitted to place bids as provided for in the Ohio Revised Code & the Uniform Commercial Code. This right is negated in the case of an absolute auction. All auctions are considered with reserve unless specifically presented as absolute. PHOTOS NOTE: Some photos have been enhanced via AI to remove clutter which may result in some variances. Bidder's are strongly encouraged to view the subject property.
