Detached house with granny flat (Einliegerwohnung)

Odenwaldring 5, 64747 Neustadt, Hessen

Auction in 69 days

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

Appraised value

€252,000

Auction date

2 December 2026

11:00

Partition auction

This procedure dissolves a joint ownership. Several co-owners hold the property together and bid against each other.

15 more photos

Dissolution of co-ownership

Appraised value

€252,000

Bidding thresholds

50%70%

126,000176,400

Minimum bid: below €126,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €176,400 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

2 December 2026 · 11:00

Local court

Michelstadt in Hessen

Auction venue

Amtsgericht Michelstadt, Erbacher Straße 47, Saal 128

Case number

0021 K 0023/2025

Procedure

Partition auction

Next steps

Bid deposit

Wednesday, 25 November 2026

€25,200 (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, 2 December 2026

11:00
Amtsgericht Michelstadt in Hessen

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 tax6.0%€10,560

Court fee for the award (§ 54 GKG)approx. 0.5%€880

Land register entryapprox. 0.3%€528

Total closing costs€11,968(6.8%)

Total investment

€187,968

€176,000 purchase price + €11,968 closing costs

Bid deposit€25,200

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. €8,923 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Einfamilienhaus

Living area

162 m²

Price per m²

€1,556

Plot size

698 m²

Year built

1969

Rooms

Occupancy

Owner-occupied

Town

64747 Neustadt

Property description

Detached house with granny flat (Einliegerwohnung) in Neustadt, a district of Breuberg in the Odenwaldkreis, situated on the edge of town on the access road Odenwaldring. The two-storey building with partially converted attic was built in 1969 and comprises a basement with integrated garage, granny flat (two rooms, kitchen, bathroom) and cellar rooms, as well as an upper floor with living and dining room, kitchen, bedroom, two children's rooms, bathroom and guest WC. The property is owner-occupied and immediate transfer of possession after the award (Zuschlag) is possible.

The building shows a maintenance backlog and in particular requires renewal of the roof covering and improvement of the roof's thermal insulation (lump sum approx. 50,000 euros). The building services are not up to date, the electrical installation is outdated with few sockets and switches. Despite these defects, the property with building is marketable in line with market conditions and offers upgrade potential with corresponding refurbishment.

Klaava Pro

What Pro adds for this property

5 findings from the appraisal
Valuation: Cost approach, Income approach, Property yield rate
1 entry in section II, meaning encumbrances and restrictions
2 units with floor area, actual rent and market rent
Timeline of modernisation work, with years
Energy: Heating type, Energy source
More key facts: Remaining useful life and 1 more
15 more photos of this property

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Official property description

The court’s wording

Einfamilienhaus

English translation

Detached house

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

Massivbau (Untergeschoss) mit Fertigbauweise (ab Obergeschoss). Untergeschoss in Betonfertigbauweise verputzt, Obergeschoss Holzfertigbauweise mit Faserzementplatten und teilweise Verklinkung. Satteldach aus Holz mit Betondachsteinen, keine bis geringe Dachdämmung. Kunststofffenster mit Doppelverglasung, 2022 erneuert.

Findings of the surveyor · 5 findings