"Callaway-Garrison"

Two Story Covered Porchfront Cottage with 4 Apartment Units
7715.jpg

Listing Details

Sold Price
$86,000
Auction Date
Auction Time
12:15 PM
Address
3815 Belle Avenue, Baltimore, MD, 21215
County
Baltimore City
Neighborhood
Callaway-Garrison
Inspection
The property will be open 45 minutes before auction on day of sale only
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description and Terms of Sale.

Matthew F. Penater, Attorney
ELVILLE AND ASSOCIATES
711 W. 40th Street - Suite 358
Baltimore, MD 21211

ESTATE AUCTION

2 - Baltimore City
APARTMENT PROPERTIES
Sales On Respective Premises
THURSDAY, MAY 7, 2015

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.

At 11:00 A.M. - 2 Apartment Units
3733 BONVIEW AVENUE
"Belair-Edison” 21213

Two Story Porchfront Brick End-of-Group Townhome - according to public tax records, the home was built in 1954, contains 1,178 square feet of living area and 589 square feet of basement space.

Exterior - composition shingle roof, aluminum rainspouts, vinyl-clad double-hung replacement windows, full concrete block basement foundation.

The home is arranged as two apartment units - each with separate electric meter, but zoned R-6 single family.

First Floor & Basement Unit - living room, dining room, kitchen, bedroom, bath and laundry; vacant.

Second Floor Unit - living room, bedroom, kitchen and bath; rented for $500/month.

Gas heat and central air conditioning, wood floors.

Lot size - 44'7" x 99'6".  The property is situated at the corner of the 4100 block of Coleman Avenue in a neighborhood of well-kept two story townhomes.  Two-car concrete parking pad. Block Plat

Title - in fee simple; Deed Book 1867, Page 489; the property is sold free and clear of liens.

Taxes - annual real estate taxes are $2,263.24, based on a full value assessment of $95,900.

Deposit $2,500

 

At 12:15 P.M. - 4 Apartment Units
3815 BELLE AVENUE
"Callaway-Garrison" 21215

Two Story Covered Porchfront Cottage - according to public tax records, the home was built in 1905, contains 2,818 square feet of living area and 1,190 square feet of basement space.

Exterior - vinyl siding, composition shingle roof, aluminum rainspouts, vinyl-clad double-hung replacements windows, brick basement foundation with outside exit.

The home was renovated into 4 self-contained apartment units - each with separate electric baseboard heat, electric meter and water heater.  Zoning is R5, with multiple dwelling license for four units.  Unfinished basement with sump pump and coin-operated washer and dryer.  Attic with pull-down stairs.

Unit 1A - living room, eat-in kitchen, 2 bedrooms and bath; rented for $850/month, reduced to $700/month for building manager.

Unit 1B - living room, dining room, kitchen, bedroom and bath; vacant.

Unit 2A - living room, eat-in kitchen, 2 bedrooms and bath; vacant.

Unit 2B - studio of bedroom, bath and kitchen; rented for $650/month.

Property Registration

Lease for Unit 1A

Lease for Unit 2B

Lot size - 70' x 159'.  Surrounding homes are stately and most are well maintained.  Two-car asphalt driveway. Block Plat

Title - subject to an annual $120 ground rent; Deed Book 10826, Page 706; sold free and clear of liens.

Taxes - annual real estate taxes are $4,578.40, based on a full value assessment of $194,000.

Deposit $10,000

TERMS OF SALE

Deposits as stated above, payable by 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. All adjustments, including taxes, rents, 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 settlement 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, as well as existing leases.  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

Auction by order of
Barbara Anderson, Personal Representative
of the Estate of Bobby R. Anderson, Sr.