47 Summit Ave
Webster Groves, MO 63119
$175,000 
Property Image: No image description provided.
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Property Image: No image description provided.
Property Image: No image description provided.
Property Image: No image description provided.
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  • MLS ID:Click 4 Pics & Descr
  • Type:Single Family Detached
  • Beds:4
  • Baths:2
  • Size:1,750 Sqft
  • Lot:0.55 Acres
  • Year Built:1904
Description: NO BUYER PREMIUM ON THIS PROPERTY. Click the link to see more pictures and description >>> Please read fully and text all questions to 314.973.5263 >>> PER SELLERS REQUEST: NO OFFER WILL BE ACCEPTED THAT WAS NOT SUBMITTED THROUGH THIS ONLINE BIDDING PAGE >>> READ MORE BELOW and place an offer below. It is recommended to place a minimum bid as a placeholder ($150K suggested) until closer to the deadline.
IMPORTANT INFORMATION: Participation in the bidding process is NOT binding for either party. Once the offer collection period has expired and the seller has evaluated all bids, the listing agent will contact the bidder with the most attractive bid and invite a formal, traditional offer.

Terms and Conditions of Sale:
Type of Sale: Traditional
Acceptable Financing: Cash, Conventional, FHA 203(k)
Earnest Money Deposit: 1%
Other Information: PLEASE READ FULLY and text questions to 314.973.5263 #1) All offers will be visibly posted here per seller's request. #2) When the online bidding period ends, the 3 top ranking buyers will submit their formal FINAL & BEST offer on a Realtor-approved form within 48 hours, through their Realtor. #3) Formal offers will be evaluated and vetted for viability to close and fund. #4) The Owner will be presented the 3 top bids and will choose one as primary + backup. #5) ONLINE BID/OFFER DEADLINE: 1:00 pm on Wednesday 8/19/2020 #6) NO BUYER-PAID ACQUISITION PREMIUM, ALL PLATFORM COSTS ARE PAID BY SELLER ON THIS PROPERTY.
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NEGOTIATIONS UNDERWAY
OFFER PERIOD
E X P I R E D
Status: Pending
List Price
$175,000
Minimum Bid
$150,000
Offers
23
Bids
67
Visitors
2
Views
2,243
Buyer's
Agent
Purchase
Price
Loan
Type
Seller
Subsidy
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Seller
Addendum

Seller Addendum

This feature gives the seller the opportunity to tweak the terms of the standard local contract that is the basis of a buyer's offer. By creating this addendum, the seller is outlining changes they seek to the standard local contract and will expect this signed addendum to accompany the winning buyer's formal offer should the buyer agree to the terms outlined within.

If the seller is not requiring acceptance of their terms, buyers may reject the terms outlined in the Seller Addendum and still place their bid, but they should do so knowing that a competing party with a similar offer, which agrees to the seller's terms, may be chosen instead of them to make a formal offer and purchase the property.

Agents should note that while BidLion does provide a general, default template option that allows the listing agent to create a Seller Addendum with ease, the terms within the Seller Addendum are always customized to fit the property and address the seller's wishes. Thus, the terms outlined within the Seller Addendum are, in fact, the seller's terms and should not be thought of as terms that BidLion is advocating in any way.

When creating a Seller Addendum, all agents are advised to make a conscientious effort to outline terms that do not conflict with their local real-estate laws and are fair to both parties of the real-estate transaction.

Appraisal
Addendum

Appraisal Addendum

Low appraisals are becoming more common and can destroy a real estate deal unless the parties involved can mutually agree on a solution should this scenario occur.

For such cases, BidLion has created the Appraisal Addendum feature, which allows the buyer to express their capability and/or willingness to work through this problem with the seller should it occur after contract ratification. This eliminates surprise, gives both parties clarity on what will happen should the situation arise, provides the buyer with yet another tool to separate themself from the competition, and provides the seller with yet another tool to evaluate that competition.

(NOTE: The Appraisal Addendum is not required and is irrelevant to the buyer who is incapable of paying, or unwilling to pay more than the appraised value. Accordingly, such a Buyer is denoted in this column with "0%".)

NET OFFER
KL-719
RE/MAX NOW
338 South Kirkwood rd suite 105
kirkwood, MO 63122
(314) 821-8900
$265,000 CASH $0 $0 30 No 5% $210,000 N/A 100% $265,000
RMP-402
Ameristar Real Estate Co. DBA Remax Now
338 S. Kirkwood Rd. STE 105
Kirkwood, MO 63122
(314) 821-8900
$260,000 CASH $0 $0 30 No 5% $211,000 N/A 100% $260,000
JF-711
Keller Williams St. Louis
10936 Manchester Road
Kirkwood, MO 63122
(314) 677-6138
$260,000 CASH $0 $0 21 No 2% $240,000 N/A 100% $260,000
AT-706
Dielmann Sotheby's International Realty
8301 Maryland Ave Suite #100
St. Louis, MO 63105
(314) 239-4993
$260,000 Conv $0 $0 30 No 2% $52,000 N/A 100% $260,000*
PAV-722
Berkshire Hathaway Home Services Advanta
107 W. Lockwood Ave.
St. Louis, MO 63119
(314) 962-1100
$255,000 Conv $0 $0 30 No 2% $40,000 N/A 100% $255,000
DT-723
RE/MAX Results
13208 Manchester Rd
St. Louis, MO 63131
(314) 781-7777
$250,000 Conv $0 $0 30 No 2% $40,000 N/A 100% $250,000
JS-724
Circa Properties
601 E. Lockwood Ave.
Webster Groves, MO 63119
(314) 537-1971
$240,000 CASH $0 $0 30 No 2% $202,500 N/A 100% $240,000
BO-704
Keller Williams Realty-St. Louis
10936 Manchester Rd
St. Louis, MO 63122
(314) 677-6000
$236,000 Conv $0 $0 30 No 2% $30,000 N/A 100% $236,000*
MVV-726
Berkshire Hathaway Home Services Advanta
107 W. Lockwood Ave.
St. Louis, MO 63119
(314) 962-1100
$235,000 Conv $0 $0 30 No 2% $40,000 N/A 100% $235,000
CM-696
RealtyNET McLain
130 W Lockwood Avenue
Webster Groves, MO 63119
(314) 961-3400
$228,000 CASH $0 $0 21 No 5% $228,000 N/A 100% $228,000
JLB-710
Keller Williams Realty Chesterfield
16690 Swingley Ridge | Ste 240
St. Louis, MO 63017
(636) 534-8100
$228,000 CASH $0 $0 21 No 2% $226,000 N/A 100% $228,000
AK-715
Extreme Homes OF ST LOUIS
8460 Watson Rd Ste 225C
Saint Louis, MO 63119
(314) 266-7965
$226,000 203k $0 $0 30 No 2% $60,000 N/A 100% $226,000
HKG-721
eXp Realty
9393 W 110th St. Ste 500
Overland Park, KS 66210
(913) 908-8001
$212,000 CASH $0 $0 15 No 10% $212,000 N/A 100% $212,000*
NBR-709
Re/Max Reaults
8081 Manchester Rd.
Brentwood, MO 63144
(314) 781-7777
$207,000 CASH $0 $0 14 No 1% $207,000 N/A 100% $207,000*
AWD-727
Dielmann Sotheby's International
8301 Maryland Avenue
St. Louis, MO 63105
(314) 725-0009
$202,000 CASH $0 $0 37 No 1% $0 N/A 100% $202,000*
EC-714
Janet McAfee Inc
9889 clayton road
st louis, MO 63124
(314) 997-4800
$197,000 Conv $0 $0 30 No 2% $100,000 N/A 100% $197,000*
PP-716
Lauralei Properties
9323 Lincoln Dr.
St. Louis, MO 63127
(314) 503-1186
$190,000 CASH $0 $0 14 No 5% $190,000 N/A 100% $190,000
TM-717
Equity Missouri LLC
3636 South Geyer Rd Ste. 100
Saint Louis, MO 63127
(314) 503-3690
$185,000 CASH $0 $0 21 No 2% $185,000 N/A 100% $185,000
MB-705
Keller Williams Realty StL
10936 Manchester Road
Kirkwood, MO 63122
(314) 677-6000
$180,000 CASH $0 $0 14 No 5% $180,000 N/A 100% $180,000*
JAF-713
Anthony Gray Properties
5208 State Highway N
Saint Charles, MO 63304
(314) 529-8222
$180,000 CASH $0 $0 14 No 1% $180,000 N/A 100% $180,000*
MF-254
Ford Investments
St. Louis, MO
St. louis, MO 63001
(800) 555-1212
$177,000 CASH $0 $0 21 No 1% $151,000 N/A 100% $177,000*
SAR-249
Realty-24, Incorporated
1 West Walling
St. Louis, MO 63141
(314) 542-0300
$150,000 203k $0 $0 21 No 1% $15,000 N/A 100% $150,000*
* These offers have attached comments or conditions (Click the bid's net offer figure to read).
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