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Two-family house in need of renovation

Friedensteinstraße 69, 99834 Gerstungen, Thüringen

Auction Today at 09:00

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

Appraised value

€107,000

Auction date

24 September 2026

09:00

Enforcement by a creditor

Appraised value

107,000

Bidding thresholds
50%70%
53,50074,900

Minimum bid: below €53,500 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €74,900 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.

Auction date

24 September 2026 · 09:00

Auction venue

Theaterplatz 5, 99817 Eisenach; Raum: 218 (Sitzungssaal 1. OG)

Case number

0042 K 0029/2022

Next steps

Bid deposit

Thursday, 17 September 2026

  • €10,700 (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
AuctionToday

Thursday, 24 September 2026

  • 09:00
  • Amtsgericht Eisenach in Thüringen
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%€4,875
Court fee for the award (§ 54 GKG)approx. 0.5%€375
Land register entryapprox. 0.3%€225
Total closing costs€5,475(7.3%)

Total investment

€80,475

€75,000 purchase price + €5,475 closing costs

Bid deposit€10,700

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. €3,803 (~5.1%)

Estimates. They create no legal claim.

Key facts

Property type

Zweifamilienhaus

Living area

240 m²

Price per m²

€446

Plot size

490 m²

Year built

approx. 1900

Rooms

7

Occupancy

Owner-occupied

Town

99834 Gerstungen

Property description

Two-family house in the village of Oberellen, approximately 13 km from Eisenach and around 200 m from the nearest bus stop. The building originally dates from the late 19th or early 20th century and was originally a stable and barn building, which was converted into residential space in several phases from the 1970s onwards.

The fully basemented property is single-storey with a converted attic. The basement level comprises a garage, workshop, bathroom, ancillary rooms and a heating room. The ground floor offers four rooms, kitchen and bathroom. The attic serves as an additional living area. The property is owner-occupied; immediate transfer of possession after the award is possible.

The property shows considerable need for refurbishment. The heating system dates from 2001, the roof is in its original 1970s condition without insulation. The facade and interior fittings are in simple to medium condition, with plaster partially deteriorated and outdated bathrooms. There is no right in rem securing the supply lines and cesspit on the neighbouring plot.

Klaava Pro

What Pro adds for this property

  • 6 findings from the appraisal, 1 of them rated severe
  • Valuation: Cost approach
  • 2 entries in section II, meaning encumbrances and restrictions
  • Timeline of modernisation work, with years
  • Energy: Heating type, Energy source
  • More key facts: Remaining useful life and 1 more
  • 27 more photos of this property
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Official property description

The court’s wording

Zweifamilienhaus auf Hinterliegergrundstück, unterkellert, eingeschossig; ursprünglich Stall- bzw. Scheunengebäude - Ausbau zu Wohnzwecken hälftig in den 70er Jahren, in den 90er Jahren erfolgte der restliche Ausbau

English translation

Two-family house on a rear plot, basemented, single-storey; originally a stable or barn building - conversion to residential use half completed in the 70s, the remaining conversion took place in the 90s

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

Mauerwerksbau, teils Mischmauerwerk, teils Fachwerk-Innenwände, unterkellert. Satteldach aus Holz mit Ziegeleindeckung, Altbestand ohne Dämmung.

Findings of the surveyor · 6 findings

  • Building services
  • Roof
  • Facade
  • Basement
  • Plumbing
  • Electrics

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