"Canton" Near Canton Crossing and "The Square"

Attractive, 2 Story Brick Townhome
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Listing Details

Sold Price
$150,000
Auction Date
Auction Time
11:00 AM
Address
3311 Toone Street, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Canton
Inspection
The property will be open at 10:00 a.m. on the day of the auction or by appointment.
Additional Documents
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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REAL ESTATE AUCTION
$100,000 Suggested Opening Bid

CANTON

Near Canton Crossing & "The Square"

Attractive, 2 Story
BRICK TOWNHOME

Sale On Premises
3311 TOONE STREET
Off 1300 S. Highland Avenue
Baltimore, MD 21224

WEDNESDAY, OCTOBER 8, 2014
AT 11:00 A.M.

NOTE:  The information contained herein has been obtained from sources deemed reliable and believed to be accurate.  However, no express or implied warranty is made as to the accuracy of these representations.  All dimensions contained herein are more or less.

GENERAL INFORMATION

LOCATION:
The property is located in the Canton neighborhood in southeast Baltimore City. Canton is among the best known neighborhoods in Baltimore, having gone through a complete renaissance over the last twenty years. The neighborhood has seen substantial construction of new homes, condominium buildings, apartment buildings and new businesses, along with a tremendous number of full renovations of existing homes. The "Live. Work. Play." lifestyle offered in Canton is fostered by numerous excellent options for residency, dining, entertainment, shopping and fitness. New projects such as Canton Crossing are further complimenting that lifestyle with new, easy to access grocery options, household shopping and even more restaurants. Access to I-95, Downtown Baltimore and a variety of eclectic surrounding neighborhoods such as Fells Point, Brewer's Hill and Harbor East, make Canton a great place to live.

3311 Toone Street sits in the southern part of Canton, just southeast of O'Donnell Square, and several blocks from the newly constructed Canton Crossing commercial complex, Canton Waterfront Park, Du Burns Arena and the Canton Dog Park.  Nearby properties include two and three story newly constructed townhomes, existing two and three story townhomes that have mostly been renovated, and various types of commercial properties.  The 3300 block of Toone Street is wide, tree-lined, and has parking on both sides of the street.

For more information about Canton, please see:
http://livebaltimore.com/neighborhoods/canton/#.UlLPSdKbND0
and
http://www.cantoncommunity.org

SITE:
Rectangular lot: 13'6" front by 47'6" deep, more or less

Rear courtyard with hot tub

Public water, sewer, gas, electricity, telephone


IMPROVEMENT DESCRIPTION:
Updated brick townhome features vinyl double glazed replacement windows, oil forced hot air heat, 40 gallon gas fired water heater, and is described as follows:

First Floor

  • Living Room
    toone3311 1ST-FL---LR
  • Dining Room
    toone3311 1ST-FL---DR
  • Kitchen - updated with oak cabinetry, 4-burner stainless steel range/oven, stainless steel refrigerator, walkout to rear courtyard and outside hot tub
    toone3311 1ST-FL---KITCHEN

Second Floor

  • 2 Bedrooms

     

     

  • Full Bathroom

     

     

Basement

  • Laundry Room with washer, dryer and laundry tub

ANNUAL REAL ESTATE TAXES:
2014-2015 Annual Real Estate Taxes - $3,929 (based on a full value tax assessment of $166,467).  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 SDAT concerning the appeals process and may see the following link for helpful information: http://www.dat.state.md.us/sdatweb/appeal.html

TITLE:
The property is being sold in fee simple, free and clear of all liens.

INSPECTION:
At 10:00 a.m. on the day of the auction or by appointment.

TERMS OF SALE:
A $10,000 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.  Balance to be paid in cash at settlement, which shall take place within 45 days.  If payment of the balance of the deposit or balance of the purchase price 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 an 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.  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.  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!