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"Southwest Baltimore - Rognel Heights"
Three Story Traditional Home
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Listing Details

Sold Price
$20,500
Auction Date
Auction Time
12:45 PM
Address
1106 Walnut Avenue, Baltimore, MD, 21229
County
Baltimore City
Neighborhood
Southwest Baltimore, Rognel Heights
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.

BUY IT NOW!

REAL ESTATE AUCTION

SOUTHWEST BALTIMORE
“Rognel Heights”

Three Story Shingle
TRADITIONAL HOME
5-6 Bedrooms ✦ 2 Baths

Sale On Premises
1106 WALNUT AVENUE
Baltimore City, MD 21229

THURSDAY, OCTOBER 15, 2015
AT 12:45 P.M.

- Suggested Opening Bid: $10,000 -

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:
1106 Walnut Avenue is located in the Rognel Heights neighborhood in southwest Baltimore City. Rognel Heights is located north of Edmondson Avenue, adjoining Gwynns Falls - Leakin Park, Hunting Ridge and the new Uplands development.     The Edmondson Village shopping center is within walking distance, and I-70 is about 1.5 miles to the west. Area homes are a mix of detached, semi-detached and townhomes.

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

SITE:
Rectangular lot 50' x 150', or 0.17 acre, more or less

Zoning R-5, residential

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

IMPROVEMENTS:
Three story shake shingle traditional home with covered front porch - according to public tax records, the home was constructed in 1920, contains 1,830 square feet of living area and 915 square feet of basement space. The home features hardwood floors, architectural details, ample entertaining space, and is arranged as follows: living room, dining room, 3 season room, den, kitchen and large pantry, on the first floor; three bedrooms, summer bedroom and full bath, on the second floor; two rooms and bath, on the third floor; full basement; gas fired hot water heat. The home is in need of renovation.

TITLE:
In fee simple;  and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $3,361.41 based on a full value assessment of $142,433.  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 $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 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!