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End-terrace house with garage

Utestraße 2, 48429 Rheine, Nordrhein-Westfalen

Auction in 41 days

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

Appraised value

€303,000

Auction date

4 November 2026

09:00

Of which, per parcel

  • Parcel 239€290,000
  • Parcel 246€13,000

Amounts per parcel as stated in the appraisal. Whether the parts are auctioned separately or only together is set out in the official auction notice.

Enforcement by a creditor

Appraised value

303,000

Of which, per parcel

  • Parcel 239€290,000
  • Parcel 246€13,000

Amounts per parcel as stated in the appraisal. Whether the parts are auctioned separately or only together is set out in the official auction notice.

Bidding thresholds
50%70%
151,500212,100

Minimum bid: below €151,500 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €212,100 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

4 November 2026 · 09:00

Auction venue

Amtsgericht Rheine, Hauptgebäude, Salzbergener Str. 29, 48431 Rheine, Etage 1., Sitzungssaal 16

Case number

0012 K 0023/2025

Next steps

Bid deposit

Wednesday, 28 October 2026

  • €30,300 (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, 4 November 2026

  • 09:00
  • Amtsgericht Rheine in Nordrhein-Westfalen
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 tax6.5%€13,780
Court fee for the award (§ 54 GKG)approx. 0.5%€1,060
Land register entryapprox. 0.3%€636
Total closing costs€15,476(7.3%)

Total investment

€227,476

€212,000 purchase price + €15,476 closing costs

Bid deposit€30,300

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. €10,748 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Reihenendhaus

Living area

129 m²

Price per m²

€2,349

Plot size

358 m²

Year built

1968

Rooms

5

Occupancy

Owner-occupied

Town

48429 Rheine

Property description

End-terrace house with basement from 1968 in the Schotthock district of Rheine with converted attic and living area of approximately 129 m² on a 320 m² plot. The building comprises a ground floor with living room, dining room and kitchen, an upper floor with three bedrooms and bathroom, and a converted attic with two rooms. The plot has a full basement and is owner-occupied.

Extensive modernisation was carried out in 2020: all windows replaced with predominantly triple-glazed plastic windows, underfloor heating installed on the ground and upper floors, attic converted with roof insulation, interior doors, interior plaster, and bathrooms and radiators renewed. The gas heating system presumably dates from 2002.

The property is in a condition requiring renovation, with various completion deficiencies in the interior (missing window handles, damaged terrace door, exposed electrical installations, damaged tiles). A single garage on a separate 38 m² plot additionally belongs to the property.

Klaava Pro

What Pro adds for this property

  • 8 findings from the appraisal
  • Valuation: Cost approach
  • 1 entry in section II, meaning encumbrances and restrictions
  • Timeline of modernisation work, with years
  • Energy: Final energy consumption, Heating type, Energy source
  • More key facts: Remaining useful life and 1 more
  • 17 more photos of this property
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Official property description

The court’s wording

Laut Wertgutachten handelt es sich sich um ein unterkellertes, zweigeschossiges Reihenendhaus (REH) mit ausgebautem Dachgeschoss mit ca. 129 m2 Wohnfläche auf einem 320 m² großen Grundstück sowie einer Garage (Garagenhof) auf einem separaten 38 m² großen Grundstück.

English translation

According to the valuation report, this is a fully basemented, two-storey end-terrace house (REH) with converted attic and approximately 129 m² of living space on a 320 m² plot, together with a garage (garage court) on a separate 38 m² plot.

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

Kunststofffenster überwiegend dreifach verglast, Rollläden mit elektrischem Antrieb. Innentüren aus furniertem Holz.

Findings of the surveyor · 8 findings

  • Grounds (3)
  • Interior fit-out (2)
  • Electrics
  • Roof
  • Basement

Read out of the market value report written by the court-appointed surveyor.