Three-family house with commercial unit and garages
Nordring 5, 45731 Waltrop, Nordrhein-Westfalen
Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.
Appraised value
€424,000
Auction date
21 October 2026
13:00
Appraised value
€424,000
Minimum bid: below €212,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €296,800 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.
Auction date
21 October 2026 · 13:00
Local court
Auction venue
Amtsgericht Recklinghausen, Hauptgebäude, Reitzensteinstr. 17 - 21, 45657 Recklinghausen, Etage 1, Sitzungssaal 127
Case number
0022 . K 0027/2025
Next steps
Wednesday, 14 October 2026
- €42,400 (10% of the appraised market value)
- By bank transfer to the court cash office
- The court must have the money before the auction starts
Alternative: a crossed cheque or a bank guarantee at the hearing (§ 69 ZVG)
Wednesday, 21 October 2026
- 13:00
- Amtsgericht Recklinghausen in Nordrhein-Westfalen
approx. December 2026
The court sets the deadline, roughly 6 weeks after the award
Documents
Official court records, free to download.
Klaava Pro reads them for you: condition, defects, land register and valuation.
The ZVG portal only serves case pages inside its own site, so this route goes through Klaava.
The data comes from zvg-portal.de, the official portal of the German federal states.
Closing costs
Bid amount
State
Total investment
€318,681
€297,000 purchase price + €21,681 closing costs
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. €15,058 (~5.1%)
Estimates. They create no legal claim.
Key facts
Property type
Dreifamilienhaus
Living area
229 m²
Price per m²
€1,852
Plot size
624 m²
Year built
1954
Occupancy
Let
Town
45731 Waltrop
Property description
Two-storey three-family house with converted attic storey, attached on one side and fully cellared, in the town of Waltrop in the district of Recklinghausen, approximately 0.9 km from the town centre. The 624 m² plot is additionally built on with a two-storey garage-office building comprising two garages and one office unit, and was originally erected around 1954 and later extended and converted.
The ground floor houses a flat with hall, bedroom, bathroom, WC, kitchen, dining room and living room, while the upper floor and attic storey each offer a further flat with kitchen-living room and balcony or children's room respectively. The flats on the upper floor and attic storey are let, the ground-floor flat and the garage-office building with office unit appear to be owner-occupied.
As an internal inspection was not possible, no specific maintenance backlog could be established, which is why the appraiser applied a safety deduction of 5 percent to the market value. This results in a certain risk for buyers regarding the actual internal condition of the premises and the rear part of the plot.
Klaava Pro
What Pro adds for this property
- 3 building elements with their own condition rating
- Valuation: Income approach, Property yield rate
- 1 entry in section II, meaning encumbrances and restrictions
- 6 units with floor area, actual rent and market rent
- Timeline of modernisation work, with years
- More key facts: Remaining useful life and 2 more
Official property description
The court’s wording
Laut Gutachten handelt es sich um ein einseitig angebautes, zweigeschossiges und voll unterkellertes Dreifamilienhaus mit zu Wohnzwecken ausgebautem Dachgeschoss und einem eingeschossigen Anbau an der Giebelfassade sowie einem zweigeschossigen Garagen-Bürogebäude, inklusive zwei Garagen und einer Büroeinheit.
Die Wohnungen im Obergeschoss und Dachgeschoss sind augenscheinlich vermietet, die Wohnung im Erdgeschoss und das Garagen-Bürogebäude mit zwei Garagen sowie einer Büroeinheit scheinen eigengenutzt zu sein.
Eine Innenbesichtigung wurde nicht ermöglicht. Das Gebäude konnte lediglich von aussen in Augenschein genommern sowie das Grundstückvon der Strasse aus besichtigt werden.
English translation
According to the appraisal report, this is a three-family house attached on one side, two storeys with a full basement, with a loft conversion used for residential purposes, a single-storey extension on the gable façade, and a two-storey garage and office building, including two garages and one office unit.
The flats on the upper floor and loft appear to be let, while the ground-floor flat and the garage and office building with two garages and one office unit appear to be owner-occupied.
An interior inspection could not be arranged. The building could only be inspected from the outside, and the plot could only be viewed from the street.
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
Satteldach mit Tonziegeln, Vorder- und Giebelfassade mit Verblendmauerwerk. Kunststofffenster, doppelt verglast.
Read out of the market value report written by the court-appointed surveyor.
