REAL ESTATE AUCTION (ON SITE)

Thursday, September 30th, 2021

At 6:00 PM

6832 Cleveland Road

Ravenna, OH 44266

Property sells with a $20,000 RESERVE (or minimum bid)

SHOWN BY APPOINTMENT (for area REALTORS ®)

Showings to commence Monday, September 13, 2021

Contact ShowingTime at: (614) 255-5588

OPEN HOUSES

Wednesday, September 15th…....……..(4:00 to 6:00 PM)

Saturday, September 25th…..(10:00 AM to 12:00 Noon)

And, we'll also be at the property 1 hour prior to the auction.

HOLD HARMLESS FORM

All interested parties (prospective buyers and real estate agents) are to sign a “hold harmless” form prior to entering the property. A 'Hold Harmless' form will be posted, shortly.

GENERAL PROPERTY INFORMATION

A 2,271 sq. ft. frame two story (built 1850) situated on a 1.0 acres (+/-) lot. It offers a living room, large parlor (or family room), eat-in kitchen (with electric range & refrigerator), 2 bedrooms and bathroom (down) and 1 bedroom has a vent-less gas wall heater. There is a fireplace in the wall between the living room and one bedroom. On the 2nd floor are 2 bedrooms and a 2nd full bathroom. At the top of the stairs, between the 2 bedrooms, is a loft/sitting area.

MISC: There are also 2 stairways to the 2nd floor, some wood floors (mostly painted), gas forced air furnace (no central air conditioning), partial basement & cellar (with outside entrance), well & septic system.

PORTAGE COUNTY

 Tax District: Ravenna Township

School District: Ravenna CSD

Parcel Number: 29-310-00-00-022-000

 Real Estate Taxes: $391.35 Per Year (*)

(*) With Homestead Exemption of $497.96 Per Year)

PRELIMINARY BID PACKET (BUYER’S DUE DILIGENCE DOCUMENTS)

A 'PRE-BID PACKET' (with 'specimen' real estate auction purchase contract and relevant purchase documents) to be attached for your preview, shortly.

AUCTION TERMS & CONDITIONS:

A) The real estate sells ‘AS IS.’

B) The property sells with a $20,000 RESERVE (or minimum bid).

C) At the conclusion of the auction, the successful bidder will tender a $2,000.00 earnest money deposit; by personal or company check (Payable to:  Auction Ohio Real Estate Trust Account) and proceed to close within (30) days of the auction.

E) Seller will provide and pay for owner’s title insurance, preparation of deed, conveyance fee and the proration of real estate taxes.

F) There is a 10.0% Buyer’s Premium charged to the Buyer & collected at closing.

BEING MARKETED & AUCTIONED BY:

Chris Davis, Auctioneer/Realtor®

AO Real Estate, Realtors® & Auction Ohio

7461 Worthington Galena Road

Worthington, OH 43085

Office: (614) 846-3302

chris@auctionohio.com

ANY QUESTIONS, PLEASE CONTACT:

Ray Dailey, Realtor®

AO Real Estate, Realtors® & Auction Ohio

7461 Worthington Galena Road

Worthington, OH 43085

Cell: (614) 325-0064

ray@auctionohio.com