"Abell Neighborhood - Near Charles Village"

Two Story Brick Commercial Building
1,482 +/- Sq. Ft., Zoning B-2-3
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Listing Details

Sold Price
$20,000
Auction Date
Auction Time
11:00 AM
Address
2958 Greenmount Avenue, Baltimore, MD, 21218
County
Baltimore City
Neighborhood
Abell, Near Charles Village
Additional Documents
Scroll down for Complete Details, including: property description and Terms of Sale.

Douglas L. Burgess, Solicitor
NOLAN, PLUMHOFF & WILLIAMS, CHARTERED
502 Washington Avenue, Suite 700
Towson, MD 21204

SUBSTITUTE TRUSTEE'S AUCTION

ABELL NEIGHBORHOOD

Near Charles Village

TWO STORY BRICK
COMMERCIAL BUILDING
1,482± Sq. Ft. ◆ Zoning B-2-3

Sale On Premises
2958 GREENMOUNT AVENUE
Corner 30th Street, Baltimore, MD 21218

THURSDAY, DECEMBER 11, 2014
AT 11:00 A.M.

    Under and by virtue of the power of sale contained in a certain Commercial Purchase Money Deed of Trust from Michael Williams and Kasheilia Vanessa Richardson (aka Kasheilia Vanessa Williams) to the Trustee therein, dated August 31, 2010, and recorded among the Land Records of Baltimore City, in Liber 12903, Page 272, the holder of the indebtedness secured thereby having appointed the undersigned to act as Substitute Trustee, in place and stead of the aforementioned Trustee, by instrument duly executed, acknowledged and recorded among the Land Records aforesaid, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned Substitute Trustee will sell at Public Auction, in the matter before the Circuit Court for Baltimore City, Case No. 24-O-14-002888, on the premises, the following:

    All that fee simple lot of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland and being more fully described in the above-referenced Deed of Trust.

    The property fronts approximately 30' along the west side of Greenmount Avenue by approximately 100' along the south side of E. 30th Street, comprising approximately 0.042 acres of land.  The property is improved by a TWO STORY BRICK END-OF-GROUP OFFICE BUILDING with asphalt paved parking.  The building is believed to be configured as two office units - one on the first and second level and one in the basement, each with separate entrance.

    NOTE:  The information contained herein has been obtained from sources deemed reliable and is believed to be accurate.  However, no express or implied warranty is made or may be inferred from any such representation.  Dimensions, square footage and acreage contained herein are more or less.  Building size and zoning shown are from published Baltimore City tax records. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.

    TERMS OF SALE:  A $3,000 deposit, payable by certified check or cashier's check, will be required of the purchaser at time and place of sale.  The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer's Office.  The holder of the indebtedness, if a bidder at the sale, shall not be required to post a deposit. Balance to be paid in cash at settlement, which shall take place within ten (10) business days following final ratification of the sale by the Circuit Court for Baltimore City at the offices of the Substitute Trustee.  If payment of the balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser.  Interest to be charged on the unpaid purchase money, at the rate stated in the Note executed in connection with the foreclosed Deed of Trust, from date of sale to date of settlement.  If settlement is delayed for any reason, there will be no abatement of interest.  All adjustments as of date of sale.  Taxes, and all other public charges and assessments payable on an annual basis, including sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser.  The property will be sold in "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein;  and subject to easements, agreements, restrictions or covenants of record affecting same, if any.  Purchaser shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of sale forward.  The purchaser waives and releases the Substitute Trustee, the holder of the indebtedness, the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. If the Substitute Trustee is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit.  Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Substitute Trustee, the holder of the indebtedness or Auctioneers.  Recordation costs, transfer taxes and all other costs incident to settlement to be paid by the purchaser.  Time shall be of the essence for the purchaser.

No Buyer's Premium

Douglas L. Burgess, Substitute Trustee