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Mixed-use residential and commercial building with detached house

Hauptstraße 14, 57399 Oberhundem, Nordrhein-Westfalen

Auction in 6 days

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

Appraised value

€441,000

Auction date

30 September 2026

09:30

Of which, per parcel

  • Parcel 275€438,000
  • Parcel 274€3,000

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

441,000

Of which, per parcel

  • Parcel 275€438,000
  • Parcel 274€3,000

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%
220,500308,700

Minimum bid: below €220,500 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €308,700 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

30 September 2026 · 09:30

Auction venue

Amtsgericht Lennestadt, Hauptgebäude, Kölner Straße 104, 57368 Lennestadt, Etage E, Sitzungssaal 6

Case number

0009 K 0021/2018

Next steps

Bid deposit

Wednesday, 23 September 2026

  • €44,100 (10% of the appraised market value)
  • Transfer deadline has passed
  • You can still lodge the deposit at the hearing by bank guarantee or cheque (§ 69 ZVG)
  • Cheque: issued on or after the third working day before the auction
Auctionin 6 days

Wednesday, 30 September 2026

  • 09:30
  • Amtsgericht Lennestadt in Nordrhein-Westfalen
Payment of the purchase price

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.

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%€20,085
Court fee for the award (§ 54 GKG)approx. 0.5%€1,545
Land register entryapprox. 0.3%€927
Total closing costs€22,557(7.3%)

Total investment

€331,557

€309,000 purchase price + €22,557 closing costs

Bid deposit€44,100

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. €15,666 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

zwei Grundsttücke als wirtschaftliche Einheit

Living area

461.9 m²

Price per m²

€955

Plot size

1,817 m²

Year built

1983

Occupancy

Let

Town

57399 Oberhundem

Property description

Mixed-use residential and commercial building with adjoining detached residential house near the village centre of Kirchhundem-Oberhundem, around 0.2 kilometres from the village centre and classified as a good residential location. The three-storey main building at house number 14, built in 1983, stands gable-end to the main street, while the detached residential house at house number 14a, set back around 25 metres, was created from a converted barn building and has a garage and a tool shed.

The ground floor of the main building houses a former savings bank branch, now used as a workshop, while the flats on the upper floor and attic are let. The detached house is occupied by the owner on the ground floor and by relatives on the upper floor and attic. The annual gross income from the let units amounts to around 21,620 euros on the basis of achievable market-standard rents.

While the main building is in a condition consistent with its age, the detached house has considerable need for refurbishment: cracking at the junction with the extension, rot damage to the timber framing and outdated windows and sanitary rooms require investment. This opens up upgrade potential for buyers given corresponding modernisation effort.

Klaava Pro

What Pro adds for this property

  • 9 findings from the appraisal, 3 of them rated severe
  • Valuation: Cost approach, Income approach, Property yield rate
  • 1 entry in section II, meaning encumbrances and restrictions
  • 5 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 2 more
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Official property description

The court’s wording

Laut Gutachten handelt es sich um zwei Grundstücke als wirtschaftliche Einheit, bebaut mit einem dreigeschossigen Wohn- und Geschäftshaus, Baujahr 1983, Wohnung OG ca. 109 m², DG ca. 102 m², Nutzfläche ca. 112 m² und einem Zweifamilienhaus, umgebaut 1986, Wohnung EG ca. 97 m², OG und DG ca. 89 m² nebst Anbauten, Garage und Geräteschuppen.

Für weitere Informationen hinsichltich der Immobilie wenden Sie sich bitte an:

Deutsche Bank Immobilien GmbH, Thorsten Wolff, Bahnhofstraße 11a, 34477 Twistetal

English translation

According to the report, this involves two plots as an economic unit, built up with a three-storey mixed-use residential and commercial building, year of construction 1983, flat upper floor approx. 109 m², attic approx. 102 m², usable area approx. 112 m², and a two-family house, converted 1986, flat ground floor approx. 97 m², upper floor and attic approx. 89 m² plus extensions, garage and tool shed.

For further information regarding the property, please contact:

Deutsche Bank Immobilien GmbH, Thorsten Wolff, Bahnhofstraße 11a, 34477 Twistetal

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

Findings of the surveyor · 9 findings

  • Facade (2)
  • Heating (2)
  • Interior fit-out (3)
  • Plumbing
  • Grounds

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