"Loch Raven"

Two Story End-Of-Group Porchfront Townhome
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Listing Details

Sold Price
$56,000
Auction Date
Auction Time
1:45 PM
Address
1714 Swansea Road, Baltimore, MD, 21239
County
Baltimore City
Neighborhood
Loch Raven
Inspection
The property will be open for viewing approximately 30 minutes prior to the time of sale.
The property will also be available to inspect prior to the auction. Please click the above link to open the Waiver, Indemnity and Premises Use Certification form, fill it out, sign it, and return it to the office of the Auctioneer by fax to 410-296-4420 or email info@ajbillig.com. Once the completed form has been received, you will receive inspection instructions via email within 24 business hours.
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

LOCH RAVEN

Two Story End-Of-Group
PORCHFRONT TOWNHOME
- Large Lot -

Sale On Premises
1714 SWANSEA ROAD
Baltimore City, MD 21239

TUESDAY, NOVEMBER 1, 2016
AT 1:45 P.M.

- Suggested Opening Bid: $40,000 -

             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:
1714 Swansea Road is located in the Loch Raven neighborhood in north Baltimore City. Surrounding neighborhoods include Idlewood, Ramblewood, Perring Loch and Hamilton Hills. Mount Pleasant Park, which includes Mount Pleasant Golf Course, bounds the east side of the neighborhood. Situated along Hillen Road, Perring Parkway and E. Belvedere Avenue, Loch Raven offers convenient proximity to shopping, dining, major highways, Downtown Baltimore and Towson. Surrounding homes are comprised predominantly of brick townhomes.

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

SITE:
Rectangular lot 26'5" x 133'10", more or less

Front and rear yards

Off-street parking potential

Zoning R-5, residential, single family

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

IMPROVEMENTS:
Two story brick end-of-group townhome with covered front porch - the home was constructed in 1951, contains 952 square feet of living area and 476 square feet of partially finished basement space. The home is arranged as follows: living room, dining room and kitchen, with walk-out, on the first floor; three bedrooms and bath, on the second floor; club room and laundry area in the basement.

TITLE:
$96 annual ground rent (due in semi-annual installments on 3/27 & 9/27); and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $2,645.56 based on a full value assessment of $112,100. 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 $7,500 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!