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Condominium in a slightly below-average residential location

Stephanstraße 93h, 22047 Hamburg-Wandsbek, Hamburg

Auction cancelled (25 September 2026)

The court has cancelled this hearing. A new date may still be set, see the official auction notice.

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

Appraised value

€260,000

Auction date

25 September 2026

Auction cancelled

Enforcement by a creditor

Appraised value

260,000

Bidding thresholds
50%70%
130,000182,000

Minimum bid: below €130,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €182,000 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

25 September 2026 · 10:00

Auction cancelled

Local court

Hamburg-Wandsbek

Auction venue

Schädlerstraße 28, 22041 Hamburg-Wandsbek

Room: see the official auction notice

Case number

717 K 28-25

Documents

Official court records, free to download.

Klaava Pro reads them for you: condition, defects, land register and valuation.

Closing costs

Bid amount

of the appraised market value

State

Property transfer tax5.5%€10,010
Court fee for the award (§ 54 GKG)approx. 0.5%€910
Land register entryapprox. 0.3%€546
Total closing costs€11,466(6.3%)

Total investment

€193,466

€182,000 purchase price + €11,466 closing costs

Bid deposit€26,000

10% of the appraised market value (§ 68 ZVG). You lodge it before the auction date. On award it counts towards your bid, otherwise you get it back. That is why it sits outside the total above.

No estate agent, no notarised purchase contract. Saving against a normal purchase approx. €9,227 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

3+1/2-Zimmer-Wohnung

Living area

69.5 m²

Price per m²

€3,741

Year built

1962

Rooms

3

Occupancy

Owner-occupied

Town

22047 Hamburg-Wandsbek

Property description

First-floor apartment in a detached apartment building from 1962 with three full storeys and a total of 118 residential units spread across five buildings in Hamburg-Wandsbek. The property is located approximately 7.4 km northeast of the city centre in a slightly below-average, somewhat decentralised residential location, about 1 km from the Wandsbek-Gartenstadt underground station and with bus connections. The apartment comprises approximately 69.5 m² of living space with 3.5 rooms, kitchen, sanitary room, hallway and a partially covered garden terrace.

The apartment has a medium, partially modernised fit-out with conventional stylistic elements. The state of maintenance is comparatively quite good, although the degree of energy-related modernisation is no longer up to date. Windows from 1991, bathroom and kitchen renewed in 2023/2024. Measures serving marketability are foreseeable in the medium-term perspective, in particular the renewal of the windows within the sectional property. The overall estate is in a well-maintained, partially unmodernised condition.

Klaava Pro

What Pro adds for this property

  • 4 findings from the appraisal
  • Valuation: Income approach, Property yield rate
  • 1 entry in section II, meaning encumbrances and restrictions
  • Timeline of modernisation work, with years
  • Energy: Final energy consumption, Heating type, Energy source
  • More key facts: Remaining useful life and 2 more
  • 1 more photo of this property
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Official property description

The court’s wording

717 K 28-25: 3+1/2-Zimmer-Wohnung in Hamburg-Wandsbek

English translation

717 K 28-25: 3+1/2-room apartment in Hamburg-Wandsbek

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

All information is given without warranty. The information shown was extracted automatically from official documents using AI and can be incomplete or wrong. Klaava 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.

What the surveyor's report says

Construction

Flach-/Pultdach mit Metallplatten und Folie.

Findings of the surveyor · 4 findings

  • Interior fit-out
  • Facade
  • Basement
  • Plumbing

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