"Lakeland"

Two Story, End-Of-Group Brick Townhome
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Listing Details

Sold Price
$15,000
Auction Date
Auction Time
12:00 PM
Address
2583 Southdene Avenue, Baltimore, MD, 21230
County
Baltimore City
Neighborhood
Lakeland
Inspection
The house will be open 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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J. Michael Holloway, Attorney
Holloway & Sullivan, LLC
One N. Charles Street - Suite 2525
Baltimore, MD 21201

GUARDIAN'S AUCTION
- $15,000 Suggested Opening Bid -

LAKELAND

Two Story, End-of-Group
BRICK TOWNHOME

Sale On Premises
2583 SOUTHDENE AVENUE
Baltimore, MD 21230

WEDNESDAY, NOVEMBER 9, 2016
AT 12:00 NOON

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:
2583 Southdene Avenue is located in the Lakeland neighborhood in southern Baltimore City. The neighborhood is close to Patapsco Avenue, Hollins Ferry Road, Hammonds Ferry Road, Caton Avenue, Washington Boulevard, the Baltimore Washington Parkway and I-95. Shopping, dining, neighborhood services and public transportation are along Patapsco Avenue and Washington Boulevard. Neighborhood housing is predominantly comprised of brick townhomes constructed in the late 1950's.

For additional information, please see:
http://livebaltimore.com/neighborhoods

SITE:
Corner lot - 18' x 100'
Zoning R6, residential
Fenced yard
Public utilities

IMPROVEMENTS:
Two story brick end-of-group townhome, constructed in 1958 and containing 1,024 square feet of living area. The home has a covered front porch and is believed to contain a living room, dining room, kitchen, 3 bedrooms and bath.

TITLE:
The property is sold free and clear of liens, subject to an annual $96 ground rent. Baltimore City Deed Liber 2601, folio 5.

TAXES:
Published annual real estate taxes are $2,514.57, based on a full value assessment of $111,900. 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 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.

Auction by order of:
Terry K. Sullivan, Guardian
of the Property of Margaret M. Darney