2061 State Route 7, Fowler, OH., 44418
Minimum Bid Auction, property sells to the highest bidder at or above the minimun bid of $25,000 plus buyer premium (greater of 10% of high bid or $3500.)
Please note: Trumbull County has tested the septic system on this property and it did NOT pass, so the home will need a new septic system. The replacement of this system will be the responsibility of the new owner.
Bank owned liquidation is your golden opportunity to own this great remodeling project located on a private +/- 2.13 acre lot on State Route 7 in Fowler, OH. The main house is a brick ranch home with 2384 sq ft of space built in 1945. While the interior needs a complete remodel, it's got great space and boasts a brick exterior, and two car attached garage. In addition, there is a 2 story secondary building on the parcel. That dwelling features a 1 car garage with additional space that includes a kitchenette, bath and extra office / living space. Recently there was approximately $8500 spent on electrical upgrades to the home. If you are a remodeler, investor, or simply looking for a great value on a property that you can remodel to your own standards, come explore this home and be ready to bid your price when bidding begins on Monday March 4 at 9 AM and ends on Wednesday March 6 at 4 PM.
Open House Date: Sunday February 24 from 1-3 PM.
Note: Because the home is in need of a complete remodel, this will have to be a cash transaction. Buyers will be responsible for assuming any Trumbull County Septic violations. Seller makes no warranties about any of the mechanicals or systems in the home. Square footage & lot measurements are taken from county records and are not guaranteed.
Trumbull County PPN # 05-0055500 School system: Joseph Badger LSD
2018 (pay 2019) taxes: $1754.30/year (currently there is a homestead reduction in place)
NON REFUNDABLE $3500. deposit required from the successful high bidder at the conclusion of the auction. Closing to take place within 30 days of the auction (on or before April 8, 2019). Buyers must supply auction company with proof of funds to authorize bidding. E-mail to TSeaman@kw.com or fax to (216) 453-2052. Suitable formats include bank statement (black out account #) or letter from bank manager / investment company stating that liquid funds are available for the purchase amount of this property. If using a letter from bank / investment company please make sure contact information is included for issuing person.