Arizona Home Talk

GILBERT, AZ PROPERTIES AUCTIONED 1/31/2009
REDC public auction held at Mesa Convention Center

This post is written by Realtor Becky Wyatt who attended the auction with homebuying clients.  About 25 Gilbert properties were auctioned - here are some of the results…from the notes taken.  If you want more details on a particular property, email or call me and I’ll see if I took notes on that one!

Starting bid: $39,000
Previously Valued at: $160,000
Winning Bid at Auction: $85,000 (+5% buyer premium!)

Starting bid: $239,000
Previously Valued at: $540,000
Winning Bid at Auction: $535,000 (+5% buyer premium!)

Starting bid: $199,000
Previously Valued at: $580,000
Winning Bid at Auction: $375,000 (+5%)

Starting bid: $119,000
Previously Valued at: $655,000
Winning Bid at Auction: $265,000 (+5%)

Starting bid:$39,000
Previously Valued at: $285,000
Winning bid at Auction: $200,000 (+5%)

Starting bid: $5,000
Previously Valued at: $200,000
Winning bid at Auction: $70,000 (+5%)

Starting bid: $9,000
Previously Values at: $158,000
Winning bid at Auction: $70,000 (+5%)

Starting bid: $69,000
Previously Valued at: $212,000
Winning bid at Auction: $145,000 (+5%)

Starting bid: $29,000
Previously Valued at: $231,000
Winning bid at Auction: $110,000 (+5%) CASH ONLY

Starting bid: $19,000
Previously Valued at: $149,000
Winning bid at Auction: $65,000 (+5%) CASH ONLY

Some of these might have “came back” due to a buyer not being able to qualify for financing or something - so these results might have some incorrect information. Again, this was from my note taking (which is difficult with a loud auctioneer yelling all the time). Leave a comment or message me if you’d like more info about this auction or ones coming up! - Becky