"Central Park Heights"

Two Story Porchfront Rental Townhome
$1,100/Month Rent
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Listing Details

Sold Price
$35,000
Auction Date
Auction Time
1:50 PM
Address
5016 Queensberry Avenue, Baltimore, MD, 21215
County
Baltimore City
Neighborhood
Central Park Heights
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, additional photos, and Terms of Sale.

Additional Photos

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REAL ESTATE AUCTION

CENTRAL PARK HEIGHTS

Two Story Porchfront
RENTAL TOWNHOME
- $1,100/Month Rent -

Sale On Premises
5016 QUEENSBERRY AVENUE
Baltimore City, MD 21215

THURSDAY, OCTOBER 27, 2016
AT 1:50 P.M.

- Suggested Opening Bid: $20,000 -

      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:
5016 Queensberry Avenue is located in the Central Park Heights Neighborhood, approximately 2 blocks south of Pimlico Race Course. The well-known area is proximate to Sinai Hospital and I-83 (the Jones Falls Expressway). The Rogers Avenue and West Cold Spring Metro Stations are each approximately 1.5 miles to the west. Shopping, dining, neighborhood services and additional public transportation are along Park Heights Avenue, Belvedere Avenue and Northern Parkway.

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

SITE:
Rectangular lot - 21'8" x 90', more or less

Front and rear yards

Parking potential

Rear facing playground

Zoning R-6, residential

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

IMPROVEMENTS:
Two story inside group townhome - the home was constructed in 1920, contains 904 square feet of living area and 392 square feet of partially finished basement space, according to public tax records. The home was updated in 2008, features vinyl clad replacement windows, rubber roof, updated bathroom and MDE lead free certificate. Arranged for 7 rooms (4 bedrooms) and bath. Currently rented for $1,100/month.

Lease

Lead Certificate

TITLE:
Annual $90 ground rent (due semi-annually on 5/8 & 11/8); and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $590 based on a full value assessment of $25,000. 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

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 of the auction day and time, 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. All adjustments, including taxes, 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 settlement 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. 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!