Eigentumswohnung (3 bis 4 Zimmer) in Gelsenkirchen

Friesenstraße 5, 45891 Gelsenkirchen, Nordrhein-Westfalen

Auction in 33 days

Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.

Appraised value

€43,000

Auction date

9 December 2026

11:00

Appraised value

€43,000

By comparison: 36% below the median appraised value of the 109 flats currently up for auction in North Rhine-Westphalia (€67,100).

Bidding thresholds

50%70%

21,50030,100

At the first hearing: below €21,500 the court refuses the award; below €30,100 a creditor can apply to have it refused.

Auction date

9 December 2026 · 11:00

Local court

Gelsenkirchen in Nordrhein-Westfalen

Auction venue

Amtsgericht Gelsenkirchen, Hauptgebäude, Bochumer Straße 79, 45886 Gelsenkirchen, Etage 2, Sitzungssaal 202

Case number

0005 K 0097/2023

Next steps

Bid deposit

Wednesday, 2 December 2026

€4,300 (10% of the appraised market value)
By bank transfer (arriving before the auction) or as a cheque at the hearing (§ 69 ZVG)

Auction

Wednesday, 9 December 2026

11:00
Amtsgericht Gelsenkirchen in Nordrhein-Westfalen

Payment of the purchase price

approx. January 2027

The court sets the deadline.

Documents

Official court records, free to download.

Auctia Pro reads them for you.

Read the official auction notice

Via Auctia, because the portal blocks direct links.

The data comes from zvg-portal.de, the official portal of the German federal states.

Closing costs

Bid amount

€

of the appraised market value

State

North Rhine-Westphalia · transfer tax 6.5%

Property transfer tax6.5%€1,950

Court fee for the award (§ 54 GKG)approx. 0.5%€150

Land register entryapprox. 0.3%€90

Total closing costs€2,190(7.3%)

Total investment

€32,190

€30,000 purchase price + €2,190 closing costs

Bid deposit€4,300

Not a cost: it counts towards your bid on award (§ 68 ZVG).

No estate agent, no notarised purchase contract. Saving against a normal purchase approx. €1,521 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Eigentumswohnung

Town

45891 Gelsenkirchen

Official property description

The court’s wording

Laut Wertgutachten handelt es sich um ein Wohnungseigentumsrecht im 2. Obergeschoss eines IV-geschossigen, zweiseitig angebauten Mehrfamilienhauses mit ausgebautem Dachgeschoss (insg. 9 WE) nebst Kelleraum, Ursprungsbaujahr 1913/Bewertungsbaujahr 1959, ca. 83 m² Wfl., einfacher und in Teilen abgewohnter Zustand, Instandhaltungsrückstau an Sonder- und Gemeinschaftseigentum - betr. des Gemeinschaftseigentums in größerem Umfang (Keller, Treppenhaus, Fassade), bestehendes ordnungsbehördliches Verfahren, zum Wertermittungsstichtag (02.09.2024) vermietet.

Die Einsichtnahme in das Gutachten nebst allen Anlagen wird dringend angeraten!

English translation

According to the valuation report, this is a residential property right (Wohnungseigentumsrecht) on the 2nd upper floor of a IV-storey multi-family house attached on two sides with a converted attic (9 residential units in total) plus a cellar room, original year of construction 1913/valuation year of construction 1959, approx. 83 m² living area, simple and partly worn condition, backlog of maintenance on special and communal property, affecting the communal property to a greater extent (cellar, staircase, façade), existing regulatory authority proceedings, let as at the valuation date (02.09.2024).

Inspection of the report together with all annexes is strongly advised!

Wording of the local court, taken from the official auction notice.

Analysis of the valuation report

The valuation report for this property exists, but we have not analysed it yet. Until then you can read the official document in full, free and without an account.

The documents are listed in the side column.

All information is given without warranty. The information shown was extracted automatically from official documents using AI and can be incomplete or wrong. Auctia accepts no liability for decisions made on the basis of this data. Only the official notices of the competent local court and the valuation report are authoritative.