Absolute Over $5,000 - "Southwest Baltimore - Lakeland"

Two Story Brick Townhome
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Listing Details

Sold Price
$28,000
Auction Date
Auction Time
1:30 PM
Address
2409 Harriet Avenue, Baltimore, MD, 21230
County
Baltimore City
Neighborhood
Southwest Baltimore, Lakeland
Inspection
The property will be open for viewing approximately 30 minutes prior to the time of sale.
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.

Louis J. Weinkam, Jr., Attorney
Weinkam & Weinkam, P.A.
1002 Frederick Road
Catonsville, MD 21228

ABSOLUTE ESTATE AUCTION
To The Highest Bidder Over $5,000

SOUTHWEST BALTIMORE

"Lakeland"

Two Story
BRICK TOWNHOME

Sale On Premises
2409 HARRIET AVENUE
Baltimore City, MD 21230

WEDNESDAY, AUGUST 12, 2015
AT 1:30 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:
2409 Harriet Avenue is located in the Lakeland neighborhood in southwest Baltimore City. Lakeland sits just west of the Middle Branch of the Patapsco River, and just east of the I-695/I-95 interchange. Major employers are along W. Patapsco Avenue, Washington Boulevard and Hollins Ferry Road. Retail options and public transportation are within walking distance.

For more information about Baltimore City neighborhoods, please visit:
http://livebaltimore.com/neighborhoods/

SITE:
Rectangular lot 16'8" x 115'6", more or less

Zoning R-6, residential

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

IMPROVEMENTS:
Two story brick inside-group townhome - according to public tax records, the home was constructed in 1958 and contains 1,024 square feet of living area. The home is arranged as follows: living room and eat-in kitchen with walk-out, on the first floor; 3 bedrooms and bath, on the second floor. The home is in need of renovation.

TITLE:
Subject to an annual $90 ground rent (due in semi-annual installments on 2/1 & 8/1);  and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $2,655.00 based on a full value assessment of $112,500.  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

INSPECTION:
The home may be inspected 30 minutes prior to the auction.

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 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 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.   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!

Sale by Order of:
The Estate of Doris E. Orem, by Helen Wilkinson, Personal Representative