"Rosemont - West Baltimore"

Covered Porchfront Brick Townhome
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Listing Details

Sold Price
$15,000
Auction Date
Auction Time
11:00 AM
Address
3124 Presstman Street, Baltimore, MD, 21216
County
Baltimore City
Neighborhood
Rosemont, West Baltimore
Inspection
The property will be open at 10:15 AM on the day of the auction only.
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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Terry K. Sullivan, Esquire
Holloway and Sullivan, LLC
1 N. Charles Street - Suite 2525
Baltimore, Maryland 21201

GUARDIAN'S SALE

ROSEMONT
West Baltimore

Covered Porchfront
BRICK TOWNHOME
4 Bedrooms ★ 2 Baths

Sale On Premises
3124 PRESSTMAN STREET
Off N. Rosedale Street
Baltimore, MD 21216

THURSDAY, SEPTEMBER 18, 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 home is located in the Rosemont neighborhood in west Baltimore City. Rosemont adjoins Gwynns Falls/Leakin Park, a large, historic park featuring trails, ball fields and other recreational options. Surrounding properties are comprised primarily of townhomes. Downtown Baltimore is approximately 3 miles to the east, and Coppin State University is less than one mile to the northeast.

SITE:
Rectangular lot measuring 15' front x 87' deep, more or less

All public utilities

IMPROVEMENT DESCRIPTION:
Brick two story covered porchfront townhome  - according to public tax records, the home was constructed in 1935, and contains 1,356 square feet plus 678 square feet of mostly finished basement space.  The home is described as follows:

First Floor

  • Living room
  • 2 - Bedrooms

Second Floor

  • Eat-in kitchen - 4-burner gas range oven
  • 2 - Bedrooms
  • Full bath with skylight

Basement

  • Recreation room - gas fireplace
  • Modern kitchen - oak cabinetry, ceramic tile flooring, 4-burner gas range/oven
  • Laundry/utility room - stacking Kenmore washer and dryer, double laundry tub
  • Full bath

Features and Mechanical

  • Gas hot water heat
  • 30 gallon gas fired water heater

ANNUAL REAL ESTATE TAXES:
2014-2015 Annual Real Estate Taxes - $1,78.56 (based on a full value tax assessment of $79,600).  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 in fee simple; free and clear of all liens.

INSPECTION:
At 10:15 AM on the day of the auction only.

TERMS OF SALE:
Deposit payable by certified or cashier's check of $2,500 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 office of the Auctioneers.  Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the balance of the deposit or purchase amount does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting 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.  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 assumes risk of loss from the date of sale forward.  The purchaser waives and releases the Seller, 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 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 Auctioneer.  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!

Terry K. Sullivan, Guardian for Daisy Wilson