"North Baltimore - Pen Lucy"

Two Story Brick Porchfront Townhome
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Listing Details

Sold Price
$42,000
Auction Date
Auction Time
12:45 PM
Address
4009 Wilsby Avenue, Baltimore, MD, 21218
County
Baltimore City
Neighborhood
North Baltimore, Pen Lucy
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
Suggested Opening Bid $15,000

NORTH BALTIMORE
"Pen Lucy"

Two Story Brick
PORCHFRONT TOWNHOME

Sale On Premises
4009 WILSBY AVENUE
Off Cator Avenue
Baltimore City, MD 21218

TUESDAY, MARCH 10, 2015
AT 12:45 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:
4009 Wilsby Avenue is located in North Baltimore in the Pen Lucy Neighborhood. Surrounding neighborhoods include Waverly, Original Northwood, Wilson Park and Guilford. Pen Lucy is situated along York Road, a short distance from Loyola University of Maryland, Notre Dame, Morgan State University and Johns Hopkins University. Downtown Baltimore is about 2.5 miles to the south, and Towson is about 4 miles to the north. Shopping, dining and public transportation are all along York Road.

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

SITE:
Rectangular lot 14' x 90', 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 contains 1,404 interior square feet, and 630 square feet of basement space. The home is arranged as follows: living room, dining room and kitchen with walk-out, on the first floor; two bedrooms and two full baths, on the second floor; finished basement with half bath.

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

TAXES:
2014-2015 Annual Real Estate Taxes - $2,752.54 (based on a full value tax assessment of $116,700).  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 $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, 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!