4-Bedroom Foreclosure Auction Home in Sylvania $103,333

4-Bedroom Foreclosure Auction Home in Sylvania

A great opportunity is coming to Sylvania with this four-bedroom, two-bath home being offered through an online foreclosure auction. With a minimum bid of $103,333, a spacious fenced lot, and a practical residential layout, this property offers buyers an opportunity to evaluate a home with potential for renovation, investment, or future ownership.

Bidding opens August 12 at 9:00 AM and closes August 19 at 3:00 PM. Interested buyers should review all auction terms, property information, bidding requirements, and applicable conditions before participating.

Four-Bedroom, Two-Bath Home

The property features four bedrooms and two bathrooms, providing a versatile layout with plenty of room for a variety of household needs.

Four bedrooms can provide flexibility for families, guests, home office space, study areas, hobbies, or other permitted uses. Buyers can evaluate the existing floor plan and determine how the available rooms best fit their individual plans.

The two-bathroom configuration adds everyday convenience and can be especially useful for households with multiple occupants.

As with any foreclosure property, prospective buyers should conduct appropriate due diligence and determine the current condition of the home’s interior, exterior, major systems, and other components.

Living and Family Room with Fireplace

The home includes a living/family room featuring a fireplace, creating a natural gathering area within the property.

A fireplace can serve as a focal point for the room and provide an opportunity to create a comfortable space for relaxing or entertaining. Buyers should independently verify the condition and functionality of the fireplace and any associated chimney or ventilation system before use.

The living and family room area provides flexibility for furniture arrangements, entertainment, family activities, and everyday living.

Large Fenced Lot

Another notable feature is the large fenced lot. The enclosed outdoor space provides additional privacy and creates opportunities for outdoor activities, recreation, gardening, pets, entertaining, or landscaping.

The size of the lot can be particularly appealing to buyers who want more outdoor space than a typical residential property may provide.

Buyers should independently verify the lot dimensions, property boundaries, fencing condition, easements, and any applicable restrictions before making plans for additional improvements.

Online Foreclosure Auction

This property is being offered through an online foreclosure auction. The minimum bid is listed at $103,333.

The bidding schedule provided for the property is:

  • Bidding opens: August 12 at 9:00 AM
  • Bidding closes: August 19 at 3:00 PM
  • Minimum bid: $103,333
  • Auction format: Online bidding

Prospective bidders should carefully review the official auction information before participating. Auction procedures can include specific registration requirements, deposits, payment deadlines, buyer responsibilities, closing conditions, and other terms.

The minimum bid should not automatically be interpreted as the final purchase price. The final amount may depend on bidding activity and the official auction terms.

Opportunity for Investors

The property may attract investors looking for a renovation or resale opportunity. Its four-bedroom layout, two bathrooms, fireplace, and large fenced lot provide several characteristics worth evaluating.

Investors should conduct their own financial analysis before bidding. Important factors may include the property’s current condition, renovation costs, comparable sales, financing, taxes, insurance, closing costs, holding expenses, and potential resale value.

A foreclosure property may require additional due diligence because buyers may have limited opportunities to inspect certain components before bidding. Prospective investors should understand the auction’s inspection policies and purchase conditions.

Potential Starter Home

In addition to investor interest, the property may appeal to buyers searching for a starter home with multiple bedrooms and outdoor space.

The four-bedroom configuration provides room for a growing household, guests, home office needs, or other flexible uses. The fenced yard adds outdoor space for recreation and everyday enjoyment.

Buyers should evaluate the property’s condition and determine whether the necessary repairs and improvements fit within their budget and plans.

Prime Location in Sylvania

The property is located in Sylvania, offering buyers the opportunity to own a home in an established community.

Location can be an important factor for both owner-occupants and investors. Prospective buyers should independently research nearby schools, shopping, restaurants, employment centers, parks, transportation routes, and other amenities.

Buyers should also verify the exact property location and surrounding neighborhood information before participating in the auction.

Due Diligence Is Important

Because this is a foreclosure auction, buyers should pay particular attention to due diligence. Prospective bidders should review the official property documents and auction terms and investigate the property’s condition to the extent permitted by the auction process.

Important areas to evaluate may include the roof, foundation, electrical system, plumbing, HVAC, windows, doors, flooring, walls, ceilings, kitchen, bathrooms, fireplace, exterior, fencing, and other major components.

Buyers should also research property taxes, liens or other recorded matters where applicable, title requirements, occupancy status, and any additional obligations described in the official auction documentation.

A professional inspection may be recommended if the auction terms permit one.

Renovation Potential

Depending on the property’s current condition, a future owner may choose to make cosmetic or more comprehensive improvements.

Potential projects could include updating flooring, paint, lighting, kitchen finishes, bathroom fixtures, landscaping, fencing, or other features. More substantial work may also be required depending on the condition of the home’s major systems.

Buyers should obtain professional estimates whenever possible and establish a realistic renovation budget before bidding.

The final scope of work can vary significantly depending on conditions that may not be visible during an initial viewing.

Property Highlights

  • Four bedrooms
  • Two bathrooms
  • Living/family room
  • Fireplace
  • Large fenced lot
  • Online foreclosure auction
  • Minimum bid of $103,333
  • Bidding opens August 12 at 9:00 AM
  • Bidding closes August 19 at 3:00 PM
  • Located in Sylvania
  • Potential renovation opportunity
  • Potential investor property
  • Potential starter home
  • Spacious outdoor area
  • Flexible residential layout

Auction Schedule

The auction schedule is an important consideration for interested buyers. According to the provided information, bidding begins on August 12 at 9:00 AM and ends on August 19 at 3:00 PM.

Anyone planning to participate should complete registration well in advance and carefully review the official bidding platform’s requirements.

Buyers should also confirm the auction’s time zone, because online auction closing times are typically based on the auction provider’s stated time zone.

The listed minimum bid is $103,333, but interested buyers should understand that the minimum bid is only the starting threshold and does not necessarily represent the final sale amount.

A Property Worth Exploring

This four-bedroom, two-bath home in Sylvania presents an opportunity for buyers who are comfortable with the foreclosure auction process and willing to evaluate the property’s condition.

The combination of four bedrooms, two bathrooms, a living/family room with fireplace, and a large fenced lot gives the property a practical residential foundation.

For investors, the property may provide an opportunity to evaluate a renovation or resale strategy. For a buyer searching for a starter home, the four-bedroom layout and outdoor space may offer room for future needs.

However, all prospective buyers should conduct their own due diligence and carefully review the official auction terms before placing a bid.

Property condition, occupancy, title matters, taxes, liens, required repairs, financing availability, and other factors should be independently investigated as applicable.

Important: The information in this listing is based on the details provided and should not replace the official auction documents or professional advice. Buyers should verify all auction dates, times, minimum bid amounts, property details, and terms directly through the official auction source before participating.

With bidding scheduled to open August 12 at 9:00 AM and close August 19 at 3:00 PM, interested buyers should prepare early, review the requirements, and complete their due diligence before the auction deadline.

This Sylvania foreclosure auction offers a four-bedroom home, two bathrooms, a fireplace, and a large fenced lot at a listed minimum bid of $103,333—making it a property worth evaluating for qualified buyers and investors.

From: Zillow

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From: Zillow

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