"Lake Walker - Cedarcroft"

Two Story Townhome
Arranged for Two Units
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Listing Details

Sold Price
$60,000
Auction Date
Auction Time
11:00 AM
Auction Note
Sold Prior To The Auction
Address
6139 Parkway Drive, Baltimore, MD, 21212
County
Baltimore City
Neighborhood
Lake Walker - Cedarcroft
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.

Sold Prior To The Auction
This Auction has been CANCELED.

REAL ESTATE AUCTION

LAKE WALKER - CEDARCROFT

TWO STORY TOWNHOME
- Arranged for Two Units -

Sale On Premises
6139 PARKWAY DRIVE
Off Lake Avenue
Baltimore City, MD 21212

Sold Prior To The Auction
This Auction has been CANCELED.

TUESDAY, APRIL 14, 2015
AT 11:00 A.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:
6139 Parkway Drive is located in North Baltimore in the Lake Walker neighborhood, immediately east of Cedarcroft.  Situated along York Road, Northern Parkway and Loch Raven Boulevard, Lake Walker features access to shopping, dining and entertainment throughout the area. The Senator Theater and Belvedere Square Market, both recently having had major renovations, are within walking distance. The property also sits a short distance from both Loyola University and Towson University. Nearby homes are a mix of single family, semi-detached and townhomes.

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

SITE:
Rectangular lot 20' x 109', more or less

Zoned R-5 residential, two dwelling units

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 1947, contains 1,408 interior square feet and 684 square feet of partially finished basement space. The home is arranged for two self contained dwelling units featuring hardwood floors, and is arranged as follows:

Unit 1 - First Floor and Basment - Living room, eat-in kitchen, bedroom and full bathroom
Unit 2 - Second Floor - Efficiency unit with eat-in kitchen and bathroom
Basement - Utility area and walk-out access to rear yard

Mechanical:
1 - gas fired forced air furnace
2 - gas fired hot water heaters
2 - gas and electric meters

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

TAXES:
2014-2015 Annual Real Estate Taxes - $3,141.16 (based on a full value tax assessment of $133,100).  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

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

TERMS OF SALE:
A $3,500 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, 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!