Apartment building (4 residential units) fully let
Lange Straße 21, 06366 Köthen (Anhalt), Sachsen-Anhalt
Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.
Appraised value
€277,000
Auction date
14 October 2026
11:00
Appraised value
€277,000
Minimum bid: below €138,500 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €193,900 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.
Auction date
14 October 2026 · 11:00
Local court
Auction venue
Amtsgericht Köthen, Friedhofstraße 48, 06366 Köthen (Anhalt), Saal 3 (Erdgeschoss)
Case number
0003 K 0004/2020
Procedure
Partition auction
Next steps
Wednesday, 7 October 2026
- €27,700 (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)
Wednesday, 14 October 2026
- 11:00
- Amtsgericht Köthen in Sachsen-Anhalt
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
€205,252
€194,000 purchase price + €11,252 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. €9,836 (~5.1%)
Estimates. They create no legal claim.
Key facts
Property type
Mehrfamilienhaus
Living area
310 m²
Price per m²
€894
Plot size
781 m²
Year built
1995
Occupancy
Owner-occupied
Town
06366 Köthen (Anhalt)
Property description
Apartment building with 4 residential units at Lange Straße 21 in Köthen (Anhalt), built as a solid construction with a staircase extension and a gateway passage to the plot. The building has 3 full storeys and a converted attic storey, is not underbuilt with a basement, and comprises 2-, 3- and 4-room apartments of around 45 m², 62 m², 96 m² and 107 m², plus a usable area on the ground floor of about 53 m². The plot also includes 4 garages, an outbuilding with tenant storage rooms, 4 open car parking spaces and an open area. The property is located in the northern central part of the medium-sized centre of Köthen, around 10 minutes' walk from the town centre, and is currently fully let.
The appraisal report gives no specific information on the condition or modernisation measures of the units.
Klaava Pro
What Pro adds for this property
- Land register: Sheet, Cadastral district
- 3 more key facts
Official property description
The court’s wording
nicht unterkellertes Mehrfamilienhaus mit vier vermieteten Wohneinheiten und vier Garagen mit Treppenhausanbau und Zentralheizung auf Erdgasbasis, Baujahr 1995/1996. Außen- und Nebenanlagen nebst vier offene PKW-Stellplätze; mittlerer bis erhöhter Investitionsbedarf für Instandsetzung/Modernisierung/energetische Modernisierung
English translation
Apartment building without a basement, with four let residential units and four garages, with a staircase extension and central heating on a natural gas basis, year of construction 1995/1996. Outdoor and ancillary facilities plus four open car parking spaces; medium to elevated investment requirement for repair/modernisation/energy-related modernisation
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 mit Treppenhausanbau, 3 Vollgeschosse mit ausgebautem Dachgeschoss, nicht unterkellert.
Read out of the market value report written by the court-appointed surveyor.
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