Absolute Auction Above $15,000 - "Brooklyn" Semi-Detached Home

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Listing Details

Sold Price
$28,000
Auction Date
Auction Time
12:15 PM
Address
3719 2nd Street, Baltimore, MD, 21225
County
Baltimore City
Neighborhood
Brooklyn
Scroll down for Complete Details, including: property description and Terms of Sale.

ABSOLUTE AUCTION
To the Highest Bidder above $15,000
                      
BROOKLYN

Two Story Brick
SEMI-DETACHED HOME

 

Sale On Premises
3719 2ND STREET
Off 200 E. Patapsco Avenue
Baltimore, MD 21225

TUESDAY, APRIL 15, 2014
AT 12:15 P.M.


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.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.


LOCATION:

3719 2nd Street is located in the Brooklyn community of southern Baltimore City, about two blocks south of Patapsco Avenue.  Neighborhood housing consists of a variety of attached and detached home styles.  Houses are owner and tenant occupied.  The neighborhood is convenient to public transportation, the Harbor Tunnel Throughway (I-895) and the Baltimore Beltway (I-695).  The property is within walking distance of community shopping and parks.

For directions from your location, visit: maps.google.com


SITE:

Rectangular lot - 20' x 100'
Zoning R6, residential
All public utilities
Fenced yard


BLOCK PLAT (pdf)


IMPROVEMENTS:

Two Story Semi-Detached Brick Townhome - according to public tax records, the home was built in 1923 and contains 1,372 square feet of living area and 616 square feet of basement space.


Exterior
Enclosed front sun porch
Replacement windows
Sun Deck


Interior
The home is believed to contain a living room, dining room, kitchen, 3 bedrooms, 2 baths, basement and gas hot water heat.


TITLE:

The property is in fee simple and sold free and clear of liens.  Baltimore City Deed Book 16089, Page 044.


TAXES:

Published annual real estate taxes for 2013-2014 are $1,890.  Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property.  Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information - http://www.dat.state.md.us/sdatweb/appeal.html


INSPECTION:

The house is occupied and will be available for inspection 30 minutes prior to the auction.


TERMS OF SALE:

A $2,500 deposit, payable by 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.  Balance to be paid in cash at settlement, which shall take place within 45 days.  If payment of the deposit or 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 of 12% per annum, from date of sale to date of settlement.  All adjustments, including taxes, all other public charges and assessments payable on a monthly or annual basis, and 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, and subject to easements, agreements, restrictions or covenants of record affecting same, if any.  Purchaser assumes the risk of loss from the date of sale forward.  The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law.   If the Seller 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 Seller or Auctioneers.  Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law.  Time is of the essence.


No buyer's premium.


FINANCING:

See our Financing Page for a list of auction-oriented lenders.