"Park Circle" Facing Druid Hill Park

Covered Porchfront Townhome
7756.jpg

Listing Details

Sold Price
$23,000
Auction Date
Auction Time
1:30 PM
Address
2548 Druid Park Drive, Baltimore, MD, 21215
County
Baltimore City
Neighborhood
Park Circle, Facing Druid Hill Park
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

PARK CIRCLE
Facing Druid Hill Park

Covered Porchfront
TOWNHOME

- Suggested Opening Bid: $10,000 -

Sale On Premises
2548 DRUID PARK DRIVE
Baltimore, MD 21215

TUESDAY, MAY 5, 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:
2548 Druid Park Drive is located in northwest Baltimore in the Park Circle Neighborhood. The home is located across from Druid Hill Park, one of the best known landmarks in the City, featuring the Maryland Zoo, ballfields, a disc golf course and many other recreational and educational facilities.  The location has easy access to both downtown Baltimore, and other major employers to the northwest. Shopping and public transportation are nearby.

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

SITE:
Rectangular lot 18'5" x 80', more or less

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

IMPROVEMENTS:
Two story brick covered porchfront townhome features vinyl-clad replacement windows and hardwood floors. The home is arranged as follows: living room, dining room and kitchen with walk-out on the first floor; 3 carpeted bedrooms and bath, on the second floor; basement with walk-out. The home needs some minor cosmetic repairs, but is in generally good condition.

TITLE:
$84 annual ground rent;  and sold free and clear of liens.

TAXES:
Annual Real Estate Taxes - $354

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!