"Oliver - Preston Place"

Circa 2009, Three Story Townhome
3 Bedrooms & 2.5 Baths
9464.jpg

Listing Details

Sold Price
$83,200
Auction Date
Auction Time
10:30 AM
Address
1505 E. Preston Street, Baltimore, MD, 21213
County
Baltimore City
Neighborhood
Oliver, Preston Place
Inspection
The property will be open for viewing approximately 30 minutes prior to the time of sale.
The property is also 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.
Additional Documents
Financing
See our Financing Page for a list of auction-oriented lenders.
Scroll down for Complete Details, including: property description and Terms of Sale.

REAL ESTATE AUCTION
$35,000 Suggested Opening Bid

OLIVER

"Preston Place"

Circa 2009
THREE STORY TOWNHOME
3 Bedrooms ◆ 2.5 Baths

Sale On Premises
1505 E. PRESTON STREET
Baltimore, MD 21213

WEDNESDAY, APRIL 27, 2016
AT 10:30 A.M.

    Newly constructed in 2009 by TRF Development Partners, three story brick inside-group townhome, contains:

First Floor

  • Foyer
  • Living Room (13' x 11')
    preston1505 living
  • Dining Room (10' x 11')
    preston1505 dining
  • Kitchen (10' x 8')
    preston1505 kitchen
  • Half-Bath

     

     

Second Floor

  • Bedroom #2 (13' x 12')
    preston1505 bed1
  • Bedroom #3 (10' x 12')
    preston1505 bed2
  • Full Bath
    preston1505 bath 2ndfl

Third Floor

  • Master Bedroom (23' x 15')
    preston1505 bed3
  • Full Bath
    preston1505 bath 3rdfl

Unfinished basement

 

 

    Gas forced air heat and central air conditioning.  The home is near the Johns Hopkins Biotech Park and Hospital.  Lot size 16' x 64'.  In fee simple.

    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.

    Published annual real estate taxes are $493.24 based on a full value assessment of $21,000.  The home originally sold for $207,680 in 2009.

    TERMS OF SALE:  A $3,500 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 8% per annum, from date of sale to date of settlement.  All adjustments, including taxes, condominium or homeowners association fees, if any, 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.   Purchaser agrees to waive any right of rescission under Maryland Homeowners Association and/or Condominium Law, if applicable.  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.  A 4% buyer's premium will be added to the final bid price.