Second Sale Date:
Monday, November 30th
More Information
12 Unit apartment plus a single family home. 1241-1251 Devon Ave. plus 1255 Devon Ave. sell as one package.
1241-1251 Devon Ave: 12 units with total monthly income of $6,090. Currently 3 units are vacant. Brick 2 story built in 1971. 10 two bed, 1 bath apartments. 2 one bed, one bath apartments. 9,408 SF.
1255 Devon Ave. is a one story single family home with 2 beds, 2 baths. Built in 1919 with 960 SF. Great long term tenant pays $615.
Lot Size: 240x130 lot for the 12 unit and 40x136 for the single family.
Annual Taxes: $13,486 for both properties
Plaintiff
Clement H. Darby Trust U/W, Stephen B. Darby Trustee and Stacy Sempier
Defendant Name
Devon Properties, LLC, et al.
Attorney
Tina Woods
Viewing Dates
No interior viewings on the units with tenants. You will be able to tour a vacant unit at the building. Call auctioneer for all showings. 937-581-3037.
Documents
Property Map
Lead Auctioneer
Barry Baker
Directions:
Directions to the property: I-675 to N. on Wilmington Pike to left on Devon or OH-35 to South on Smithville Rd. which becomes Wilmington Pike to Right on Devon.
Directions to the Auction: I-675 South. Merge onto I-75 South to Austin Landing Exit 41. Go East on Austin Pike take your first Left on Innovation Dr. to Right on Innovation Way. Phone number for the Hilton Garden Inn Dayton South is 937-247-5850.
Basic Terms:
*This is a Foreclosure Auction ordered by a County Common Pleas Judge. The foreclosure process clears all liens and encumbrances on the subject property.
*The property sells with a minimum opening bid of 2/3 of the appraised value.
*In the case of a tax-lien foreclosure, the opening bid is the aggregate of the tax certificate, interest, court costs and current tax proration.
*The required deposits are as follows:
$2,000 for properties appraised for $10,000 or less.
$5,000 for properties appraised between $10,000 and $200,000.
$10,000 for properties appraised over $200,000.
*If the property is being sold at a physical location, the buyer will immediately write a check for the required deposit. If there are no bids at an on-site auction there will be a second auction between 7-30 days later. The second auction will be offered regardless of price.
*If the property is being sold Online, the successful bidder must wire or directly deposit the required amount into the Chase Bank trust account for Ohio Sheriff Sales within 24 hours of the end of the auction. Credit cards may also be taken for the deposit along with a 3% processing fee.
*The real estate is sold As-Is with no contingencies. All inspections (if available) must be done prior to Auction.
*Close within 30 days of court confirmation.
*No contract is signed after the auction. A one page buyer information form is the only document that is required by the court. See http://www.ohiosheriffsales.com/download_forms for the form.
*A 10% buyer's premium will be added to the high bid to obtain the final selling price.
*Buyer pays all closing costs.
*Private Selling Officer deed or equivalent given at closing with no liens or back taxes.
*The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover.
Realtor Participation:
Realtor showings and cooperation are encouraged if the property is vacant and on lock box. For full compensation instructions, see http://www.ohiosheriffsales.com/realtors Please call Auctioneer to schedule all showings.