7 - Baltimore City Townhomes

"Harlem Park & Sandtown Winchester"
10625.jpg

Listing Details

Sold Price
$152,000
Auction Date
Auction Time
11:00 AM
Address
720, 722, 726 N. Fulton Avenue; 1104, 1127 N. Fulton Avenue; 1007, 1009 N. Arlington Avenue, Baltimore, MD, 21217
County
Baltimore City
Neighborhood
Harlem Park, Sandtown Winchester
Category
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description and Terms of Sale.

Ronald B. Katz, P.A.
11403 Cronridge Drive, Suite 230
Owings Mills, MD 21117-2219

SUBSTITUTE TRUSTEES' AUCTION

7 - BALTIMORE CITY TOWNHOMES
- To Be Sold Individually -

Sales On Respective Premises
WEDNESDAY, NOVEMBER 2, 2016
At the Following Times

      Under and by virtue of the powers of sale contained in three Indemnity Deeds of Trust from Maryland 25 LLC to the Trustees therein, (1) dated November 20, 2007 and recorded among the Land Records of Baltimore City, Maryland in Liber FMC 10629, page 334, (2) dated April 2, 2008 and recorded among the aforesaid Land Records in Liber FMC 10597, page 499, and (3) dated December 11, 2008 and recorded among the aforesaid Land Records in Liber FMC 11229, page 452, the holder of the indebtedness secured thereby having appointed the undersigned to act as Substitute Trustees, in place and stead of the aforementioned Trustees, by instruments duly executed, acknowledged and recorded among the Land Records aforesaid, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned Substitute Trustees will sell at Public Auction, on the premises, the following:

      All those leasehold and fee simple lots of ground and the improvements thereon, situate and lying in Baltimore City, Maryland and being more fully described in the above-referenced Deeds of Trust, comprising the following properties:

AT 11:00 A.M. - "HARLEM PARK" 21217

Property Address

Lot Size
 
Ground Rent or Fee Simple

Improvements Description

Sold: $18,000

720 N. Fulton Avenue

15' x 91'

In fee simple

BLOCK PLAT (pdf)

Three story brick inside-group townhome

For directions from your location, visit: maps.google.com

Sold: $18,000

722 N. Fulton Avenue

15' x 91'

Annual $96 ground rent (due 3/1 and 9/1)

BLOCK PLAT (pdf)

Three story brick inside-group townhome

For directions from your location, visit: maps.google.com

Sold: $18,000

726 N. Fulton Avenue

15' x 91'

In fee simple

BLOCK PLAT (pdf)

Three story brick inside-group townhome

For directions from your location, visit: maps.google.com

AT 11:20 A.M. - "HARLEM PARK" 21217

Property Address

Lot Size
 
Ground Rent or Fee Simple

Improvements Description

Sold: $19,000

1104 N. Fulton Avenue

12'9" x 94'

Annual $120 ground rent (due 6/30 and 12/30)

BLOCK PLAT (pdf)

Three story brick inside-group townhome

For directions from your location, visit: maps.google.com

Sold: $19,000

1127 N. Fulton Avenue

14'10" x 86'

In fee simple

BLOCK PLAT (pdf)

Three story brick inside-group townhome

For directions from your location, visit: maps.google.com

AT 11:45 A.M. - "SANDTOWN WINCHESTER" 21217

Property Address

Lot Size
 
Ground Rent or Fee Simple

Improvements Description

Sold: $30,000

1007 N. Arlington Avenue

18'1" x 92'

In fee simple

BLOCK PLAT (pdf)

Three story brick inside-group townhome

For directions from your location, visit: maps.google.com

Sold: $30,000

1009 N. Arlington Avenue

18' x 86'

Annual $72 ground rent (due 6/10 and 12/10)

BLOCK PLAT (pdf)

Three story brick inside-group townhome

For directions from your location, visit: maps.google.com

      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. Please see the Auctioneer's web site for block plats and photos.

      TERMS OF SALE: A $2,500 DEPOSIT ON EACH PROPERTY, 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. The holder of the indebtedness, if a bidder at the sale, shall not be required to post a deposit. Balance to be paid in cash at settlement, which shall take place within ten (10) business days following final ratification of the sale by the Circuit Court for Baltimore City at the offices of the Substitute Trustees. If payment of the 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 stated in the Notes executed in connection with the foreclosed Indemnity Deeds of Trust, from date of contract to date of settlement. All adjustments as of date of contract. Taxes, ground rent and all other public charges and assessments payable on a monthly or annual basis, including sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract and assumed thereafter by the purchaser. The property will be sold in "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein; and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of contract forward. The purchaser waives and releases the Substitute Trustees, the holder of the indebtedness, the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. If the Substitute Trustees are 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 Substitute Trustees, the holder of the indebtedness or Auctioneers. Recordation costs, transfer taxes and all other costs incident to settlement to be paid by the purchaser. Time shall be of the essence for the purchaser.

No Buyer's Premium

Ronald B. Katz and Eric A. Hartlaub,
Substitute Trustees