"Remington" End-Of-Group Townhome

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Listing Details

Sold Price
$50,000
Auction Date
Auction Time
2:00 PM
Address
2800 Miles Avenue, Baltimore, MD, 21211
County
Baltimore City
Neighborhood
Remington
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

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Terry K. Sullivan, Esquire
Holloway and Sullivan, LLC
1 N. Charles Street, 21201

TRUSTEE'S & GUARDIAN'S SALE
                        
REMINGTON

Two Story, End-Of-Group
BRICK TOWNHOME
- In Need of Renovation -

 

Sale On Premises
2800 MILES AVENUE
Off 400 W. 29th St.
Baltimore, MD 21211

TUESDAY, APRIL 22, 2014
AT 2:00 P.M.


      Pursuant to an order in the Circuit Court for Baltimore City passed in the matter of Noreen Faulkner (c/o Terry K. Sullivan, Guardian/Trustee), Plaintiff vs. Bernice Tarallo, Defendant, (Order Directing Public Sale) Case No. 24-C-13-003674, the undersigned Trustee will sell at Public Auction, on the premises, the following:


      All that leasehold lot of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland, and being more fully described in an Assignment recorded among the Land Records of Baltimore City, in Liber 11522, Page 136.


      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:

2800 Miles Avenue is situated in the up-and-coming "Remington" neighborhood of north Baltimore, west of Charles Village and south of Hampden.  The neighborhood's close proximity to Downtown Baltimore, Johns Hopkins University, and the Jones Falls Expressway (I-83), make it popular with homeowners and renters.

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


SITE:

Corner lot measuring 13' front x 55' deep, more or less


Fenced rear yard


Public water and public sewer


BLOCK PLAT (pdf)


IMPROVEMENT DESCRIPTION:

Two story end-of-group brick townhome constructed in 1920 and comprises 1,170 square feet (plus 468 square feet in the basement), according to public tax records,  in need of renovation.  The home is described as follows:


First Floor

  • Living/Dining Room Combination
  • Kitchen
  • Laundry Room


Second Floor

  • 3 - Bedrooms
  • Full Bathroom


Basement


Mechanical

  • Gas forced hot air heat
  • Recently installed 40 gallon gas fired water heater


ANNUAL REAL ESTATE TAXES:

2013-2014 Annual Real Estate Taxes - $2,478 (based on a full value tax assessment of $95,600).  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 subject to a $54 annual ground rent, payable in semi-annual payments on March 1 and September 1 each year.  The property is being sold free and clear of all liens.


FINANCING:

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


INSPECTION:

At 1:30 p.m. on the day of the auction only.


TERMS OF SALE: 

A $2,500 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 ten (10) business days following final ratification of the sale by the Circuit Court for Baltimore City at the offices of the Trustee.  If payment of the 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 as of date of sale.  Taxes, ground rent 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 shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of sale forward.  The purchaser waives and releases the Trustee, the holder of the indebtedness, 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 Trustee 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 Trustee, the holder of the indebtedness or Auctioneers.  Recordation costs, transfer taxes and all other costs incident to settlement to be paid by the purchaser.  Time shall be of the essence for the purchaser.  No Buyer's Premium.


Terry K. Sullivan, Guardian/Trustee