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Eigentumswohnung (1 bis 2 Zimmer) in Niederrad

Paul-Gerhard-Ring + Paul-Gerhard-Ring 74, 60528 Niederrad, Hessen

Auction in 27 days

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

Appraised value

€199,000

Auction date

21 October 2026

10:00

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

Appraised value

199,000

Bidding thresholds
50%70%
99,500139,300

Minimum bid: below €99,500 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €139,300 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

21 October 2026 · 10:00

Auction venue

Amtsgericht Frankfurt am Main, Heiligkreuzgasse 34, 60313 Frankfurt am Main, Raum: Saal/Gebäude 202 A

Case number

0843 K 0022/2024

Procedure

Foreclosure auction

Next steps

Bid deposit

Wednesday, 14 October 2026

  • €19,900 (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, 21 October 2026

  • 10:00
  • Amtsgericht Frankfurt am Main in Hessen
Payment of the purchase price

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.

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 tax6.0%€8,340
Court fee for the award (§ 54 GKG)approx. 0.5%€695
Land register entryapprox. 0.3%€417
Total closing costs€9,452(6.8%)

Total investment

€148,452

€139,000 purchase price + €9,452 closing costs

Bid deposit€19,900

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. €7,047 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Eigentumswohnung

Town

60528 Niederrad

Official property description

The court’s wording

1-Zimmer-Wohnung im 2. OG Mitte links nebst Kellerabstellraum, Wohnfläche ca. 38,03 m², Baujahr ca. 1993, mit Sondernutzungsrecht an einem PKW-Tiefgaragenstellplatz.

Ferner rechtlich unselbstständige Miteigentumsanteile an 2 Grundstücken.

Gläubigerin wird nicht genannt.

Kontoverbindung für die Überweisung der Sicherheitsleistung:

Gerichtskasse Frankfurt am Main: Landesbank Hessen-Thüringen,

IBAN: DE73 5005 0000 0001 0060 30, BIC: HELADEFFXXX,

1 Woche vor Termin unter Angabe des Kassenzeichens: 142973102016.

English translation

1-room flat on the 2nd floor, middle left, plus cellar storage room, living area approx. 38.03 m², built approx. 1993, with special right of use (Sondernutzungsrecht) to an underground car parking space.

Further, legally non-independent co-ownership shares in 2 plots of land.

Creditor is not named.

Bank details for the transfer of the security deposit:

Gerichtskasse Frankfurt am Main: Landesbank Hessen-Thüringen,

IBAN: DE73 5005 0000 0001 0060 30, BIC: HELADEFFXXX,

1 week before the hearing date, stating the cash reference (Kassenzeichen): 142973102016.

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.