Absolute Over $30,000 "Central Park Heights"

Spa & Recording Studio
Semi-Detached Building with Off-Street Parking
6676.jpg

Listing Details

Sold Price
$45,000
Auction Date
Auction Time
11:45 AM
Auction Note
Sold Prior To The Auction
Address
4917 Park Heights Avenue, Baltimore, MD, 21215
County
Baltimore City
Neighborhood
Central Park Heights
Inspection
The property will be open at 11:15 a.m. on the day of the auction. Please email info@ajbillig.com or call 410.296.8440 if you would like to inspect the property prior to the day of the auction.
Additional Documents
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description and Terms of Sale.

ABSOLUTE AUCTION
To Highest Bidder Over $30,000

CENTRAL PARK HEIGHTS
Two Blocks from Pimlico Race Track

Semi-Detached Building:
SPA & RECORDING STUDIO
- Off-Street Parking-

Sale On Premises
4917 PARK HEIGHTS AVENUE
Baltimore City, MD 21215

THURSDAY, OCTOBER 30, 2014
AT 11:45 A.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:
4917 Park Heights Avenue is located in the Central Park Heights neighborhood in northwest Baltimore City. The property sits two blocks south of world famous Pimlico Race Track, home of the Preakness Stakes. Surrounding neighborhoods include Cylburn, Greenspring and Arlington. Park Heights Avenue is a major artery through the northwest portion of the City, offering a convenient location for many different types of uses. The location is proximate to both Sinai Hospital, the new Social Security location on Wabash Avenue and I-83 (JFX). Public transportation, including Metro train service, is within walking distance.

For more information about the location, please see:
http://livebaltimore.com/

SITE:
Rectangularly shaped lot measuring 25' x 155'5.5", more or less

Concrete multi-vehicle parking area

Fenced rear yard

Public water and public sewer

IMPROVEMENT DESCRIPTION:
Brick semi-detached building arranged for a spa and salon on the first and second floors, and recording studio on the lower level, described as follows:

Exterior Features
Brick exterior
Vinyl-clad replacement windows
Flat built-up roof
Aluminum downspouts and rain gutters
Separate entrances

First Floor -

Entry foyer
parkheights4917 m 1foyer


Waiting room
parkheights4917 m 2waitingroom


Enclosed reception desk with payment window
parkheights4917 m 3reception


Private office


Sitting room


2 rooms (used as massage rooms or offices)
 


Full bath
parkheights4917 c bath


Full kitchen - ceramic tile floor, 4 burner gas range, refrigerator/freezer
 

Second Floor -

Large room (used as massage room or office)
 

Styling room
 


Additional room (used for massage room or office)
parkheights4917 m 8additional


Lounge
parkheights4917 c lounge


Full bath
parkheights4917 m 10bath

Utility closet

Basement - Recording Studio
parkheights4917 c sittingroom

Booth area
parkheights4917 c recordingstudio
Separate office
Utility room

Mechanical -
Gas forced air heat
Central air conditioning
Security alarm system

ANNUAL REAL ESTATE TAXES:
2014-2015 Annual Real Estate Taxes - $70.80

TITLE:
In fee simple; sold free and clear of all liens

ZONING:
R-6 residential

INSPECTION:
At 11:15 a.m. on the day of the auction. Please email info@ajbillig.com or call 410.296.8440 if you would like to inspect the property prior to the day of the auction.  

TERMS OF SALE:
Deposit payable by certified or cashier's check of $2,500 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 office of the Auctioneers.  Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting 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.  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 assumes risk of loss from the date of sale forward.  The purchaser waives and releases the Seller, 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 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 Auctioneer.  The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. 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!