"East Baltimore- Johnston Square"

Circa 1984 Two Story Townhome
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Listing Details

Sold Price
$21,840
Auction Date
Auction Time
11:00 AM
Address
815 E. Preston Street, Baltimore, MD, 21202
County
Baltimore County
Neighborhood
East Baltimore, Johnston Square
Inspection
Property will be open for inspection 30 minutes prior to auction.
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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REAL ESTATE AUCTION
Suggested Opening Bid - $25,000
                                  
EAST BALTIMORE
"Johnston Square"

Circa 1984
TWO STORY TOWNHOME
3 Bedrooms ◆ Bath ◆ Central Air

 

Sale On Premises
815 E. PRESTON STREET
Between Homewood & Valley Streets
Baltimore, MD 21202

THURSDAY, MAY 15, 2014
AT 11:00 A.M.

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


     Two Story Brick Inside-Group Townhome - according to published tax records, the home was built in 1984, contains 1,152 square feet of living area and 576 square feet of basement space.


     First Floor - living/dining room combination, eat-in kitchen


     Second Floor - 3 bedrooms and bath


     Basement - unfinished


     Mechanical - electric heat pump and central air conditioning


     Lot size - 18' x 70', more or less. 


     Title - In fee simple.  The property is sold free and clear of liens.


     2013-2014 published real estate taxes are $2,313, based on a full value assessment of $98,867.  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


     Link for neighborhood description - http://livebaltimore.com/neighborhoods/johnston-square


     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.


     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.  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 8% per annum, from date of sale to date of settlement.  All adjustments, including taxes, condominium or homeowners association fees, if any, 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.   Purchaser agrees to waive any right of rescission under Maryland Homeowners Association and/or Condominium Law, if applicable.  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.  A 4% buyer's premium will be added to the final bid price.