Condominium unit with garden right of exclusive use
Obere Holzstr. 16, 42653 Gräfrath, Nordrhein-Westfalen
Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.
Appraised value
€374,000
Auction date
14 October 2026
08:30
Appraised value
€374,000
Minimum bid: below €187,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €261,800 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.
Auction date
14 October 2026 · 08:30
Local court
Auction venue
Amtsgericht Solingen, Hauptgebäude, Goerdelerstr. 10, 42651 Solingen, Etage 1, Sitzungssaal S 106
Case number
0006 K 0013/2024
Next steps
Wednesday, 7 October 2026
- €37,400 (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, 14 October 2026
- 08:30
- Amtsgericht Solingen in Nordrhein-Westfalen
approx. November 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
€281,126
€262,000 purchase price + €19,126 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. €13,283 (~5.1%)
Estimates. They create no legal claim.
Key facts
Property type
Eigentumswohnung
Living area
120.5 m²
Price per m²
€3,104
Year built
2001
Rooms
3
Occupancy
Let
Town
42653 Gräfrath
Property description
Maisonette flat on the ground floor and upper floor of a four-family house built in 2001 in Solingen-Gräfrath, situated in a quiet residential location on the edge of the historic old town. The 120.5 m² flat features modern fittings with underfloor heating, high-quality floor coverings (marble, parquet, laminate) and generous windows with insulating glazing.
The property includes a sun-facing terrace with a garden area on the south side as well as a reserved car parking space with the possibility of building a garage over it. The flat is owner-occupied and is currently inhabited by a member of the community of heirs. The overall complex comprises only four residential units, guaranteeing a small and manageable community.
The flat, however, shows considerable need for refurbishment. The underfloor heating is defective, the hot water supply is not functioning, and the hot water cylinder has been taken out of service due to missing safety equipment. The balcony and terrace require sealing repair and resurfacing. The common property also shows defects: facade damage from algae and mould, inadequate courtyard drainage with a risk of flooding in the cellar during heavy rain, and missing fall protection. The available reserves are insufficient for the necessary refurbishment costs.
Klaava Pro
What Pro adds for this property
- 10 findings from the appraisal, 3 of them rated severe
- Valuation: Cost approach, Income approach, Property yield rate
- 3 entries in section II, meaning encumbrances and restrictions
- Timeline of modernisation work, with years
- Energy: Final energy consumption, Heating type, Energy source
- 3 more key facts
- 4 more photos of this property
Official property description
The court’s wording
Laut Wertgutachten handelt es sich um ein Wohnungseigentum ATP Nr.2, Baujahr 2001 mit 120,5 m² Wohnfläche. .Es handelt sich um eine Maisonettwohnung im Erdgeschoss und Obergeschoss in dem Vierfamilienhaus Obere Holzstr. 16a (Vorderhaus) in Solingen.
Das Grundstück ist mit einem Vierfamilienhaus und einem Einfamilienhaus bebaut.Die Wohnhäuser wurden in Sondereigentum (Wohneigentum) aufgeteilt
Es wurden Sondernutzungsrechte für Gartenflächen und Pkw-Stellplätze/Garagen sowie an der gemeinschaftlichen Hoffläche begründet.
Kontakt:
MADSEN Rechtsanwälte
Richard-Wagner-Straße 12 50674 Köln
Tel. 0221/3464 0530 info@madsen-derus.legal
Ihr Ansprechpartner: Mario Eichten
Email: eichten@madsen-derus.legal
English translation
According to the valuation report, this concerns a condominium unit ATP No. 2, built in 2001 with 120.5 m² of living space. It is a maisonette flat on the ground floor and upper floor in the four-family house Obere Holzstr. 16a (front building) in Solingen.
The plot is built up with a four-family house and a single-family house. The residential buildings were divided into separate ownership (condominium ownership).
Rights of exclusive use were established for garden areas and car parking spaces/garages as well as for the shared courtyard area.
Contact:
MADSEN Rechtsanwälte
Richard-Wagner-Straße 12 50674 Köln
Tel. 0221/3464 0530 info@madsen-derus.legal
Your contact person: Mario Eichten
Email: eichten@madsen-derus.legal
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
Building condition
Poor
Substantial work needed. Budget for refurbishment.
Construction
Massivbau, 4-geschossig (Keller, Erdgeschoss, Obergeschoss, ausgebautes Dachgeschoss). Kunststofffenster mit Isolierverglasung und elektrischen Außenjalousien. Gemeinschaftliche Gas-Zentralheizung mit Fußbodenheizung in den Wohnungen. Flachdach mit Entwässerungsproblemen.
Findings of the surveyor · 10 findings
- Building services (3)
- Basement
- Grounds (3)
- Interior fit-out (2)
- Facade
Read out of the market value report written by the court-appointed surveyor.