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Detached house with granny flat (Einliegerwohnung)

Odenwaldring 5, 64747 Neustadt, Hessen

Auction in 26 days

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

Appraised value

€252,000

Auction date

2 December 2026

11:00

Partition auction

This procedure dissolves a joint ownership. Several co-owners hold the property together and bid against each other.

Dissolution of co-ownership

Appraised value

€252,000

By comparison: 27% above the median appraised value of the 42 houses currently up for auction in Hesse (€199,000).

Bidding thresholds
50%70%
126,000176,400

At the first hearing: below €126,000 the court refuses the award; below €176,400 a creditor can apply to have it refused.

Auction date

2 December 2026 · 11:00

Auction venue

Amtsgericht Michelstadt, Erbacher Straße 47, Saal 128

Case number

0021 K 0023/2025

Procedure

Partition auction

Next steps

Bid deposit

Wednesday, 25 November 2026

  • €25,200 (10% of the appraised market value)
  • By bank transfer (arriving before the auction) or as a cheque at the hearing (§ 69 ZVG)
Auction

Wednesday, 2 December 2026

  • 11:00
  • Amtsgericht Michelstadt in Hessen
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

Hesse · transfer tax 6.0%

Property transfer tax6.0%€10,560
Court fee for the award (§ 54 GKG)approx. 0.5%€880
Land register entryapprox. 0.3%€528
Total closing costs€11,968(6.8%)

Total investment

€187,968

€176,000 purchase price + €11,968 closing costs

Bid deposit€25,200

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. €8,923 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Einfamilienhaus

Living area

162 m²

Price per m²

€1,556

Plot size

698 m²

Year built

1969

Rooms

5

Occupancy

Owner-occupied

Town

64747 Neustadt

Property description

Detached house with granny flat (Einliegerwohnung) in Neustadt, a district of Breuberg in the Odenwaldkreis, situated on the edge of town on the access road Odenwaldring. The two-storey building with partially converted attic was built in 1969 and comprises a basement with integrated garage, granny flat (two rooms, kitchen, bathroom) and cellar rooms, as well as an upper floor with living and dining room, kitchen, bedroom, two children's rooms, bathroom and guest WC. The property is owner-occupied and immediate transfer of possession after the award (Zuschlag) is possible.

The building shows a maintenance backlog and in particular requires renewal of the roof covering and improvement of the roof's thermal insulation (lump sum approx. 50,000 euros). The building services are not up to date, the electrical installation is outdated with few sockets and switches. Despite these defects, the property with building is marketable in line with market conditions and offers upgrade potential with corresponding refurbishment.

Auctia Pro

What Pro adds for this property

  • 5 findings from the appraisal
  • Valuation: Cost approach, Income approach, Property yield rate
  • 1 entry in section II, meaning encumbrances and restrictions
  • 2 units with floor area, actual rent and market rent
  • Timeline of modernisation work, with years
  • Energy: Heating type, Energy source
  • More key facts: Remaining useful life and 1 more
  • 2 more photos of this property
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Official property description

The court’s wording

Einfamilienhaus

English translation

Detached house

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

What the surveyor's report says

Construction

Untergeschoss massiv gebaut und verputzt, Obergeschoss in Holzfertigbauweise mit Faserzementplatten und teilweise Verklinkung. Satteldach aus Holz mit Dachziegeln aus Beton, kaum gedämmt. Kunststofffenster doppelt verglast, 2022 erneuert.

Findings of the surveyor · 5 findings

  • Roof
  • Electrics
  • Facade
  • Interior fit-out
  • Plumbing

Read out of the market value report written by the court-appointed surveyor.

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.