Eigentumswohnung (1 bis 2 Zimmer) in Bulmke

Paulinenstraße 13, Bulmke, Nordrhein-Westfalen

Auction in 83 days

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

Appraised value

€24,000

Auction date

16 December 2026

11:00

Satellite view of the location, no photo of the property available

Appraised value

€24,000

Bidding thresholds

50%70%

12,00016,800

Minimum bid: below €12,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €16,800 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

16 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 0111/2022

Next steps

Bid deposit

Wednesday, 9 December 2026

€2,400 (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)

Auction

Wednesday, 16 December 2026

11:00
Amtsgericht Gelsenkirchen in Nordrhein-Westfalen

Payment of the purchase price

approx. January 2027

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.

Read the official auction notice

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

€

of the appraised market value

State

Property transfer tax6.5%€1,105

Court fee for the award (§ 54 GKG)approx. 0.5%€85

Land register entryapprox. 0.3%€51

Total closing costs€1,241(7.3%)

Total investment

€18,241

€17,000 purchase price + €1,241 closing costs

Bid deposit€2,400

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. €862 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Eigentumswohnung

Town

Bulmke

Official property description

The court’s wording

Laut Wertgutachten handelt es sich um zwei Eigentumswohnungen in einem voll unterkellerten, dreigeschossigen Mehrfamilienwohnhaus mit ausgebautem Dachgeschoss (insg. 10 Wohneinheiten), Baujahr 1953/Ausbau DG 1992:

A. Wohnung Nr. 3 - Grundbuch von Bulmke Blatt 1286:

Eigentumswohnung im 1. OG -von der Straße aus betrachtet links-, 36 m² Wfl., 1 Kellerraum.

B. Wohnung Nr. 4 - Grundbuch von Bulmke Blatt 1287:

Eigentumswohnung im 1. OG -von der Straße aus betrachtet mittig-, 35 m² Wfl., 1 Kellerraum.

Die Wohnungen Nr. 3 und 4 sind in der Örtlichkeit miteinander verbunden, werden als wirtschaftliche Einheit genutzt und waren zum Wertermittlungsstichtag (= 04.05.2023) als eine Einheit vermietet.

Die Einsichtnahme der Gutachten nebst allen Anlagen wird angeraten!

Die Verkehrswerte wurden gemäß § 74 a Abs. 5 ZVG wie folgt festgesetzt:

A. Einzelverkehrswert Wohnung Nr. 3 -

Grundbuch von Bulmke Blatt 1286: 24.000,00 €

B. Einzelverkehrswert Wohnung Nr. 4 -

Grundbuch von Bulmke Blatt 1287: 20.000,00 €

C. Gesamtverkehrswert beider Wohnungen Nr. 3 und 4 im Gesamtausgebot -

Grundbücher von Bulmke Blatt 1286 und 1287: 53.000,00 €

Die Summe der Einzelverkehrswerte entsprechen vorliegend nicht dem durch die Sachverständige ermittelten Gesamtwert beider Wohnungen betrachtet als wirtschaftliche Einheit.

Bei den Einzelwerten waren die fiktiven Kosten eines Rückbaus in Abzug zu bringen (Trennung beider Wohnungen inkl. gemeinschaftlicher Heizungs- und Elektroinstallation, Verschließung Türöffnung zur Wohnung Nr. 3, Herstellung der im Aufteilungsplan der Teilungserklärung dargestellten Zuschnitte, etc.).

English translation

According to the valuation report, this concerns two condominiums in a fully basemented, three-storey apartment building with converted attic (10 residential units in total), built 1953/attic conversion 1992:

A. Flat No. 3 - Land register (Grundbuch) of Bulmke sheet 1286:

Condominium on the 1st floor - viewed from the street, left -, 36 m² living area, 1 cellar room.

B. Flat No. 4 - Land register (Grundbuch) of Bulmke sheet 1287:

Condominium on the 1st floor - viewed from the street, centre -, 35 m² living area, 1 cellar room.

Flats No. 3 and 4 are connected to one another on site, are used as an economic unit and were, as at the valuation reporting date (= 04.05.2023), let as one unit.

Inspection of the appraisal reports together with all annexes is advised!

The market values (Verkehrswerte) were determined pursuant to § 74 a Abs. 5 ZVG as follows:

A. Individual market value flat No. 3 -

Land register of Bulmke sheet 1286: 24,000.00 €

B. Individual market value flat No. 4 -

Land register of Bulmke sheet 1287: 20,000.00 €

C. Total market value of both flats No. 3 and 4 in the combined offer -

Land registers of Bulmke sheets 1286 and 1287: 53,000.00 €

The sum of the individual market values does not correspond in this case to the total value of both flats as determined by the expert, considered as an economic unit.

For the individual values, the notional costs of a deconstruction (Rückbau) had to be deducted (separation of both flats including shared heating and electrical installation, closing of the door opening to flat No. 3, creation of the layouts shown in the division plan of the declaration of division (Teilungserklärung), etc.).

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. 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.