"Rosemont" - Near Gwynns Falls Park

Two Story, Porchfront Brick Townhome
With Garage
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Listing Details

Sold Price
$45,000
Auction Date
Auction Time
11:00 AM
Address
3233 Belmont Avenue, Baltimore, MD, 21216
County
Baltimore City
Neighborhood
Rosemont, Near Gwynns Falls Park
Inspection
The property will be open for inspection 30 minutes before 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 

- $10,000 Suggested Opening Bid -

ROSEMONT

Near Gwynns Falls Park

Two Story, Porchfront
BRICK TOWNHOME
With Garage

Sale On Premises
3233 BELMONT AVENUE
Baltimore, MD 21216

TUESDAY, DECEMBER 13, 2016
AT 11:00 A.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:
3233 Belmont Avenue is located in the Rosemont neighborhood of west Baltimore, west of the 1200 block of N. Ellamont Street, north and east of Franklintown Road and Gwynns Falls Park. Neighborhood housing is primarily comprised of two story brick townhomes, built in the 1930s. Public school and public transportation are within walking distance. Homes in Rosemont are both owner and tenant occupied.

SITE:
Rectangular lot 18'9" x 92'
Alley in rear provides access to garage
Fenced rear yard
Zoning R-6, residential
All public utilities

IMPROVEMENTS:
Two Story Inside-Group Brick Townhome, built in 1935, containing 1,284 square feet of living area and 642 square feet of basement space, according to published tax records.

Exterior
Covered front porch
All brick construction
Built-up roof
Wood double-hung windows
One-car detached garage in rear

First Floor

  • Foyer - carpeting over wood floor
  • Living Room - carpeting over wood floor
  • Dining Room - carpeting over wood floor
  • Kitchen - vinyl floor, wood cabinets, gas range/oven, pantry

Second Floor

  • Bedroom #1 - wood floor, ceiling fan
  • Bedroom #2 - wood floor, ceiling fan
  • Bedroom #3 - wood floor
  • Full Ceramic Tile Bathroom

Basement
Full unfinished basement with outside exit, laundry hook-up and utility sink

Mechanical
Updated gas hot water heat with radiators
30 gallon gas water heater
Buss fuses

The home needs updating and cosmetic repairs.

TITLE:
The property is sold free and clear, subject to an annual $90 ground rent, due semi-annually on February 25 and August 25. Baltimore City Deed Liber 14662, page 59.

TAXES:
Published annual real estate taxes are $1,449.04, based on a full value assessment of $61,400. 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 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.