Detached house with leasehold (Erbbaurecht)
Wiesenstraße 5, 49632 Essen (Oldenburg), Niedersachsen
Up for auction: the heritable building right, not the land itself
Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.
Appraised value
€117,000
Auction date
15 October 2026
09:00
Appraised value
€117,000
Minimum bid: below €58,500 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €81,900 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.
Auction date
15 October 2026 · 09:00
Local court
Auction venue
Amtsgericht Cloppenburg, Burgstr. 9, 49661 Cloppenburg, Raum: 6
Case number
0009 K 0012/2025
Procedure
Foreclosure auction
Next steps
Thursday, 8 October 2026
- €11,700 (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)
Thursday, 15 October 2026
- 09:00
- Amtsgericht Cloppenburg in Niedersachsen
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
€86,756
€82,000 purchase price + €4,756 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. €4,157 (~5.1%)
Estimates. They create no legal claim.
Key facts
Property type
Einfamilienhaus
Plot size
603 m²
Year built
1970
Occupancy
Owner-occupied
Town
49632 Essen (Oldenburg)
Property description
Detached house from 1970 in Essen (Oldenburg), approximately 1 km from the town centre and accessible via Wiesenstraße. The building stands on a 603 m² level rectangular plot and is equipped with a garage. The location offers average infrastructure with public transport connection via the Löninger Straße bus stop (400 m) and the nearby Essen station (1.2 km).
The property is an owner-occupied property in a rural residential area. It is connected to the public supply of water, electricity and telephone, and connected to the public sewage system.
The inspection on 07.10.2025 was limited to an external inspection; an internal inspection was not possible. The building is not subject to heritage protection and is not located in a flood area. The leasehold (Erbbaurecht) has a remaining term of 44.6 years (until 14.05.2070).
Klaava Pro
What Pro adds for this property
- Valuation: Cost approach
- 1 entry in section II, meaning encumbrances and restrictions
- More key facts: Remaining useful life and 3 more
- 4 more photos of this property
Official property description
The court’s wording
49632 Essen (Oldenburg), Wiesenstraße 5. Freistehendes Einfamilienhaus auf einem Erbbaugrundstück. Baujahr 1970, mittlere Ausstattungsstufe, Dachgeschoss ausgebaut, kein Keller. Durchschnittlicher Unterhaltungszustand.
English translation
49632 Essen (Oldenburg), Wiesenstraße 5. Detached house on a leasehold property (Erbbaugrundstück). Year of construction 1970, medium fitting standard, converted attic, no basement. Average state of maintenance.
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
Einfamilienhaus (Baujahr 1970, BGF 168 m²) und Garage (Baujahr 1970, BGF 40 m²).
Read out of the market value report written by the court-appointed surveyor.
