"Idlewood"

End-of-Group Porchfront Brick Townhome
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Listing Details

Sold Price
$82,000
Auction Date
Auction Time
2:00 PM
Address
1311 Cedarcroft Road, Baltimore, MD, 21239
County
Baltimore City
Neighborhood
Idlewood
Inspection
The home will be open 45 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 

- $30,000 Suggested Opening Bid -

IDLEWOOD

End-of-Group Porchfront
BRICK TOWNHOME

Sale On Premises
1311 CEDARCROFT ROAD
Off 6200 The Alameda
Baltimore, MD 21239

THURSDAY, APRIL 7, 2016
AT 2:00 P.M.

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:
1311 Cedarcroft Road is located in the Idlewood neighborhood of north Baltimore.  The surrounding neighborhood is mainly comprised of well maintained, two story townhomes, situated on quiet tree-lined streets.  Idlewood is convenient to public transportation, shopping, schools and employment centers.

SITE:
Rectangular lot 34'4" x 115'
Public water, sewer, gas, electricity, telephone, cable
Modest landscaping
Chain link fenced rear yard

IMPROVEMENTS:
Two Story End-of-Group Townhome - according to public tax records, the home was constructed in 1950, contains 1,140 square feet of living area and 570 square feet of basement space.

Exterior
Brick exterior walls
Roof covered front porch
Composition shingle roof with aluminum rain spouts
Vinyl-clad double-hung replacement windows
Updated front door

Interior
Plaster walls
Wood floors below carpeting

First Floor

  • Entry with coat closet
  • Living Room
  • Dining Room - ceiling fan
  • Kitchen - vinyl floor, metal cabinets, laminate counters, gas range/oven, stainless steel sink, pantry

Second Floor

  • Bedroom #1
  • Bedroom #2
  • Bedroom #3
  • Full Bath - carpeting over tile floor
  • Pull-down Attic with flooring

Basement

  • Recreation Room - paneling, carpeting
  • Laundry/Utility Room
  • Toilet

Mechanical
Gas forced air heat
Gas water heater
100-ampere electrical service

The home needs updating and cosmetic repairs.

TITLE:
The property is sold free and clear of liens, subject to an annual $108 ground rent.  Baltimore City Deed Liber 2619, Folio 630.

TAXES:
Published annual real estate taxes are $2,777.72, based on a full value assessment of $117,700.
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:
http://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

TERMS OF SALE:
A $5,000 deposit, 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.  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 sale 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 sale 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 sale 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.

Auction by order of:
David Young, Attorney-in-Fact for Margaret M. Weller