"Belair-Edison"

Two Story Brick Porchfront Townhome
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Listing Details

Sold Price
$27,000
Auction Date
Auction Time
1:15 PM
Address
3123 Dudley Avenue, Baltimore, MD, 21213
County
Baltimore City
Neighborhood
Belair-Edison
Inspection
The property will be open for inspection 30 minutes prior to sale on the day of the auction only.
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

BELAIR-EDISON

- Opposite Herring Run Park -

Two Story Brick
PORCHFRONT TOWNHOME

Sale On Premises
3123 DUDLEY AVENUE
Baltimore, MD 21213

TUESDAY, DECEMBER 13, 2016
AT 1:15 P.M.

- Suggested Opening Bid: $10,000 -

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:
The property is located in the Belair-Edison neighborhood in northeast Baltimore City. One of the largest neighborhoods in the City, Belair-Edison spans between Herring Run Park and Clifton Park, north of Sinclair Lane. Belair Road and Erdman Avenue offer excellent access to major commuter highways, as well as local shopping and services. Public transportation is within walking distance throughout the neighborhood. The home sits opposite Herring Run Park, which features ball fields, walking trail and a lush landscape.

For more information about the area, please see:
http://livebaltimore.com/neighborhoods/

SITE:
Rectangular lot: 15'6" x 105', more or less

Detached garage

All public utilities

IMPROVEMENT DESCRIPTION:
Two story brick inside-group covered porchfront townhome - according to public tax records, the home was constructed in 1928, contains 1,350 square feet of living area, 675 square feet of basement space and 180 square feet of garage space. The home features vinyl replacement windows, gas boiler and is arranged as follows: living room, dining room and kitchen on the first floor; 2 bedrooms, kitchen/bedroom and bath, on the second floor; full basement with laundry and utility area.

ANNUAL REAL ESTATE TAXES:
Published annual real estate taxes are $2,013.86, based on a full value assessment of $85,333. 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 the Maryland State Department of Assessments & taxation concerning the appeals process, and may see the following link for helpful information:
http://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

TITLE:
Subject to a $90 annual ground rent (due in semi-annual installments on 2/15 & 8/15); and sold free and clear of liens.

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 contract to date of settlement. All adjustments, including taxes, 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 contract 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. Purchaser assumes the risk of loss from the date of contract forward. The Purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. The Purchaser waives and releases the Seller, 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 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. Time is of the essence.

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