"Upper Fells Point - National Historic District"

Two Story Townhome
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Listing Details

Sold Price
$87,000
Auction Date
Auction Time
1:20 PM
Address
313 S. Duncan Street, Baltimore, MD, 21231
County
Baltimore City
Neighborhood
Upper Fells Point, National Historic District
Inspection
The home may be inspected 30 minutes prior to the auction.
Additional Documents
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description and Terms of Sale.

REAL ESTATE AUCTION

UPPER FELLS POINT
NATIONAL HISTORIC DISTRICT

Two Story
TOWNHOME

Sale On Premises
313 S. DUNCAN STREET
Off 2100 Block Bank Street
Baltimore City, MD 21231

WEDNESDAY, AUGUST 27, 2014
AT 1:20 P.M.

- Suggested Opening Bid: $50,000 -

    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:
313 S. Duncan Street is located in the Upper Fells Point National Historic District in southeast Baltimore City. Surrounding neighborhoods include Butcher's Hill, Fells Point and Canton. Patterson Park is 2 blocks to the east, and Johns Hopkins Hospital is about 5 blocks to the northwest. Shopping, dining, entertainment and recreational options are all within a short walk.

For more information about Upper Fells Point, please see:
http://livebaltimore.com/neighborhoods/upper-fells-point/#.U9_X2-NdWro

For information about Baltimore City Schools, please see:
http://www.baltimorecityschools.org/

SITE:
Rectangular lot 11'6" x 50', more or less

Zoning R-8, residential

Public water, sewer, gas, electricity, telephone, cable TV

IMPROVEMENTS:
Two story inside-group townhome - according to public tax records the home was constructed in 1889, contains 724 square feet of living area and features vinyl-clad replacement windows, gas forced air heat and rear enclosed patio. The home is arranged as follows: living room, galley kitchen with walk-out to rear patio, on the first floor; two rooms and bath, on the second floor.

TITLE:
Subject to an annual $90 ground rent (due semi-annually on 4/1 & 10/1);  and sold free and clear of liens.

TAXES:
Published real estate taxes for 2014-2015 are $2,468.56 based on a full value tax assessment of  $104,600.

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, rent, ground rent, 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, covenants of record affecting same or housing violation notices, 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.   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!