East Baltimore - McElderry Park

Nicely Rehabilitated Two Story Townhome - Approximately 90% Complete
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Listing Details

Sold Price
$87,000
Auction Date
Auction Time
2:00 PM
Address
229 N. Milton Avenue, Baltimore, MD, 21224
County
Baltimore City
Inspection
The home may be inspected one hour before the auction or by appointment - see above link to Request Access to Property.
The property is available to inspect. Please click the above link and return the signed Waiver, Indemnity and Premises Use Certification form to the office of the Auctioneer.
Additional Documents
Baltimore City Block Plat
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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REO AUCTION

EAST BALTIMORE

"McElderry Park"

★Nicely Rehabilitated★
TWO STORY TOWNHOME
- Approximately 90% Complete -

Sale On Premises
229 N. MILTON AVENUE
Off 2500 E. Fayette Street
Baltimore, MD 21224

THURSDAY, JUNE 19, 2014
AT 2:00 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:
229 N. Milton Avenue is located on a block of rehabilitated townhomes two blocks north of Patterson Park and eight blocks east of Johns Hopkins Hospital, north of the 2500 block of E. Fayette Street and south of the 2500 block of Orleans Street (US-40).  McElderry Park is a revitalized community, north of Canton and east of Butcher’s Hill.  The auction presents an opportunity to purchase a substantially complete renovated townhome, suitable for owner occupancy or as a investment rental.  The home is close to public transportation, shopping, recreational facilities and employment centers.

SITE:
Rectangular lot 14' x 75'
Concrete parking pad in rear
All public utilities available

IMPROVEMENTS:
Two Story Inside-Group Brick Townhome - according to public tax records, the home was constructed in 1900 and contains 1,176 square feet of living area and 588 square feet of basement space.  The home has been rehabilitated from top to bottom.

Exterior
Brick construction
Vinyl siding over rear wall
Vinyl-clad double hung windows
Rear first floor covered porch
Rear second floor sun deck

Interior
New drywall
New wood, carpeting and ceramic tile floors
Recessed lighting
Exposed brick wall in foyer, stairway and second floor landing
Split-foyer entry
milton229 foyer

First Floor

  • Living Room/Dining Room - wood floor
    milton229 livdin
  • Eat-in Kitchen - ceramic tile floor, new wood cabinets, granite counters, exit to rear porch and parking pad
    milton229 kitchen

Second Floor
milton229 hall

  • Bedroom #1 - carpeting, tray ceiling, exit to rear sun deck, ceiling fan, en-suite Full Ceramic Tile Bathroom with tub
    milton229 bed1
  • Bedroom #2 - carpeting, tray ceiling, en-suite Ceramic Tile Shower Bath

     

     

Full Basement

  • Two rooms with high ceilings - suitable for finishing
  • Full Bath - rough-in
  • Outside exit
  • Mechanical rough-in

The home needs completion of the mechanical systems and HVAC.

TITLE:
The property is in fee simple and sold free and clear of liens.  Baltimore City Deed Liber 11068, folio 322.

TERMS OF SALE:
A $10,000 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, WHERE 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.   Purchaser shall be required to obtain any necessary permits, including use and occupancy permit, if required, from the appropriate municipal authorities.  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.