loading...
BANK AUCTION
$65,000 (est. opening bid)
Est. Market Value: $180,000
Listing provided by

5501 Racine Ave Charlotte, NC 28269

3 bd | 2 ba | 1,904 sq ft
Auction Starts: 9:00 AM 6/24/2019 Auction Ends: 11:20 AM 6/26/2019 Nominal Opening Bid: $65,000. Buyer will not be charged a Buyers Premium or Auction Service Fee. Broker co-op available. Buyer is responsible for all escrow and closing fees typically ranging from $750-$3000. It is the Buyer's responsibility to contact a local title agency or real estate attorney for a property specific estimate prior to placing a bid. Closing must occur on or before 30 days from seller's acceptance of offer. Buyer is responsible for obtaining possession of the property after closing. The property is being offered As-Is, Where-Is, without any contingencies. Seller will agree to transfer title via Special Warranty Deed (or jurisdictional equivalent) if buyer secures title insurance, at buyer's expense, without delaying the closing date. If buyer does not purchase title insurance, Seller will transfer the property via quit claim deed (or jurisdictional equivalent). This is a HUD Second Chance home auction - Second Chance means it didn't sell to a new homeowner at the Foreclosure Auction. During this Second Chance auction period, Seller advises the home is discounted below Seller's appraised value. This is a limited time opportunity. NoBuyersPremium Broker Licenses: NC Jerry E King RE LIC 22778; Williams & Williams Mrktg Srvcs, Inc. RE LIC C6474; Williams & Williams Firm AUC LIC 7725
Property Info
Type
Single Family Residence
Bedrooms
3
Bathrooms
2
Size
1,904 sqft
Lot Size
18,731 sqft
Year Built
1946
Est. Opening Bid
$65,000
Property ID
101437356
County
Mecklenburg County, NC
Parcel Number
04511107
Foreclosure Info
Status
Bank Owned (REO)
Entered Date
5/28/19
Auction Info
Auction Date
6/26/19 (Awaiting Update)
Opening Bid
$65,000
Location
Property Taxes
Land
$16,900
Improvements
$94,700
Total
$111,600
Taxes
$1,498 (1.34 %)
Price History
Sold (2/25/16)
$135,000
Sold (5/29/15)
$47,500
Sold (5/29/15)
$47,500
Sold (3/30/88)
$46,000
Local Schools
nathaniel alexander elementary
(assigned)
7910 Neal Rd, Charlotte, NC 28262
Students: 815
Grades: PK-05
james martin middle
(assigned)
7800 Ibm Dr, Charlotte, NC 28262
Students: 1113
Grades: 06-08
north mecklenburg high
(assigned)
11201 Old Statesville Rd, Huntersville, NC 28078
Students: 1881
Grades: 09-12
Local Crime Index
Total Crime = 46
Violent Crime = 41
Property Crime = 56
National average = 100
Nearby Foreclosures
Fairstone Ave
Charlotte, NC 28269
3 Bd 2 Ba 1,283 SqFt
Pre-foreclosure - $152,000
View Details
Hewitt Dr
Charlotte, NC 28269
3 Bd 3 Ba 1,440 SqFt
Pre-foreclosure - $160,000
View Details
Hunter Ave
Charlotte, NC 28262
3 Bd 1 Ba 1,656 SqFt
Bank-owned - $160,000
View Details
Grenelefe Village Rd
Charlotte, NC 28269
3 Bd 2 Ba 1,290 SqFt
Bank-owned - $155,000
View Details

REQUEST INFO ABOUT THIS HOME


Get information on this property from a local real estate agent.
I want to be contacted about a mortgage.
The information at this site is provided solely for informational purposes and does not constitute an offer to sell, rent, or advertise real estate outside the state in which the owner of the site is licensed.