"Remington" Renovated, Two Story Brick Townhome 3 Bedrooms, 2.5 Baths

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Listing Details

Sold Price
$69,000
Auction Date
Auction Time
2:00 PM
Address
517 W. 28th Street, Baltimore, MD, 21211
County
Baltimore City
Neighborhood
Remington
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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REAL ESTATE AUCTION
                       
REMINGTON

Renovated, Two Story
BRICK TOWNHOME
3 Bedrooms ◆2.5 Baths

Sale On Premises
517 W. 28TH STREET
At Hampden Avenue
Baltimore, MD 21211

TUESDAY, JANUARY 7, 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 & DIRECTIONS:

517 W. 28th Street 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 popular it with homeowners and renters.


Neighborhood link:
http://www.livebaltimore.com/neighborhoods/list/remington

 

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

 

SITE AREA:

Rectangular lot - 14' x 75'

Zoning R8, residential

All public utilities


BLOCK PLAT (pdf)

 

IMPROVEMENTS:

Two Story Inside-Group Brick Townhome  - according to public tax records the home was constructed in 1900 and contains 1,308 square feet of living area and 630 square feet of basement space.  The home was remodeled in 2010-2011 and features double pane windows, wall-to-wall carpeting over wood floors, ceramic tile bathrooms and gas heat.


First floor contains a living room, dining room, updated kitchen and half bath.  Second floor has 3 bedrooms and full bath.  Basement level has full bath.

 


 

 

REAL ESTATE TAXES:

Published annual real estate taxes for 2012-2013 are $3,013, based on a full value assessment of $126,600.  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 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

 

TITLE:

The property is sold free and clear of liens, subject to an annual $56 ground rent.  Deed Liber 11558, folio 324.

 

INSPECTION TIME:

The home will be open one-half hour prior to the auction and may be inspected by appointment.

 

TERMS OF SALE:

A $5,000 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 12% per annum, from date of sale to date of settlement.  All adjustments, including taxes, ground rent, 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. It shall be the sole responsibility of the purchaser to obtain a Use and Occupancy Permit from Baltimore City municipal authorities.   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.   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.

 

FINANCING:

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