"East Baltimore - Ellwood Park - Monument"

Two Story Brick Porchfront Townhome

Listing Details

Sold Price
Auction Date
Auction Time
12:45 PM
507 N. East Avenue, Baltimore, MD, 21205
Baltimore City
East Baltimore, Ellwood Park - Monument
The home may be inspected 30 minutes prior to the auction.
Additional Documents
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Scroll down for Complete Details, including: property description and Terms of Sale.



"Ellwood Park - Monument"

Two Story Brick

Sale On Premises
Off McElderry Street
Baltimore City, MD 21205

AT 12:45 P.M.

- Suggested Opening Bid: $7,500 -

      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.

507 N. East Avenue is located in the Ellwood Park - Monument neighborhood in East Baltimore City. Surrounding neighborhoods include McElderry Park, Patterson Park, Baltimore Highlands and Highlandtown. Johns Hopkins Hospital East Baltimore Campus and Johns Hopkins Hospital Bayview Campus are each less than 1 mile away. There are several parks withing walking distance, including Patterson Park, one of the largest, most active recreational facilities in Baltimore City. Access to I-95, I-895 and Downtown Baltimore is good. Shopping, dining, a grocery store, neighborhood services and a public transportation are all within walking distance. Surrounding homes are primarily brick townhomes.

For more information, please see:

Rectangular lot 16'6" x 70', more or less

Zoning R-8, residential

All public utilities

Two story inside-group brick porchfront townhome - according to public tax records the home was constructed in 1924, contains 976 square feet of living area and 448 square feet of basement space. The home has been updated, and features vinyl clad replacement windows, laminate floor, exposed brick wall and forced air heat. Arranged for an open living room, dining room and kitchen, on the first floor; two bedrooms and bath, on the second floor; full basement. The home has previously received an MDE lead paint certificate.

Annual $240 ground rent (unregistered); sold free and clear of liens.

Published annual real estate taxes are $1,338.12, based on the full value assessment of $56,700. 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 the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information:

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.

No Buyer's Premium