"Frankford"

All Brick Ranch Home
Fenced Yard and Parking
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Listing Details

Sold Price
$72,000
Auction Date
Auction Time
12:40 PM
Address
4501 Seifert Avenue, Baltimore, MD, 21206
County
Baltimore City
Neighborhood
Frankford
Inspection
The home may be inspected 30 minutes prior to the auction. The property may be available for inspection prior to the auction. Please check back for more info.
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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Arthur L. Drager, Attorney
Law Offices of Arthur L. Drager, LLC
One North Charles St. - Suite 1200
Baltimore, Maryland 21201

GUARDIAN'S AUCTION

FRANKFORD

 All Brick
RANCH HOME
Fenced Yard ✦ Parking

Sale On Premises
4501 SEIFERT AVENUE
Baltimore City, MD 21206

TUESDAY, JUNE 21, 2016
AT 12:40 P.M.

- Suggested Opening Bid: $35,000 -

    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:
4501 Seifert Avenue is located immediately north of Frankford Avenue, in the Frankford neighborhood of northeast Baltimore City. Surrounding neighborhoods include Waltherson, Cedmont and Cedonia. The home sits opposite St. Anthony of Padua Church. Shopping, dining and neighborhood services are along Frankford Avenue, Belair Road and Moravia Road. I-95 and I-895 are a short distance to the east. Surrounding homes are comprised predominantly of single family, detached homes with various styling.

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

SITE:
Rectangular lot 79'6" x 111'1", or 0.20 acre, more or less

Deck

Fully fenced rear yard

Two car concrete parking pad

Two sheds

Zoning R-4, residential

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

IMPROVEMENTS:
All brick ranch home - according to tax records, the home was constructed in 1930, contains 1,092 square feet of living area and 1,092 square feet of mostly finished basement space. The home features wood double-hung windows, updated gas boiler, updated water heater and covered side porch. Arranged for eat-in kitchen with separate pantry, den/bedroom with french doors to rear deck (wood floors), bedroom (wood floors), living room/bedroom (wood floors) with exit to covered side porch, full ceramic tile bath, on the first floor; club room (laminate floor) with decorative mantle, utility room with laundry area, flush and storage area.

TITLE:
In fee simple;  and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $2,605.44 based on a full value assessment of $110,400.  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 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, 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 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.   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!

Sale by Order of:
Arthur L. Drager, Guardian of the Property
of Lillian M. Brown