"Upper Park Heights - Cross Country"

Corner Apartment Condominium Unit
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Listing Details

Sold Price
$94,000
Auction Date
Auction Time
11:00 AM
Address
Park Towers West, 7121 Park Heights Avenue, Baltimore, MD, 21215
County
Baltimore City
Neighborhood
Upper Park Heights, Cross Country
Inspection
The property is available to view by appointment. Please email info@ajbillig.com or call 410.296.8440 to state your interest in inspecting the property prior to sale.
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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 ESTATE AUCTION 

- $50,000 Suggested Opening Bid -

UPPER PARK HEIGHTS

"Cross Country"

Corner Apartment
CONDOMINIUM UNIT
3 Bedrooms ◆ 2 Baths
Garage Parking

Sale On Premises
PARK TOWERS WEST
7121 Park Heights Avenue
Units 610 and P21
Baltimore, MD 21215

TUESDAY, JUNE 28, 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 & BUILDING:
Park Towers West is a nine story brick apartment building, situated at the corner of Park Heights Avenue and Seven Mile Lane.  Constructed in 1966 and converted to condominium units in approximately 1974, Park Towers West was northwest Baltimore's first luxury apartment building.  Situated just south of the Baltimore City-County line, in the Cross Country neighborhood, the building is close to the Baltimore Beltway (I-695), community shopping and dining in Pikesville, health services and places of worship.  Public transportation is at the door.

The building is immaculately maintained and features a large entry portico with circular driveway, decorated lobby with security desk, lower level garage parking, large open parking lot, laundry and meeting rooms.  Park Towers West has 3 self-service elevators, including a Sabbath elevator, approximately 75 apartment units and approximately 30 garage parking spaces.

UNIT:
Apartment Condominium Unit 610 is a sixth floor front-facing corner unit with balcony, comprising approximately 1,745 square feet of living area and containing:

  • Marble Foyer with coat closet
  • Living/Dining Room - carpeting, sliding doors to balcony
  • Kitchen - vinyl floor, laminate cabinets and counters, clothes washer, dishwasher, gas range/oven, refrigerator, freezer
  • Walk-in Pantry - clothes dryer, freezer
  • Master Bedroom - carpeting, walk-in closet
  • En-Suite Master Bathroom - shower stall
  • Bedroom #2 - carpeting
  • Bedroom #3 - carpeting, built-in bookcases, used as a den
  • Storage locker in basement

Plat

Parking Condominium Unit P21
Located in the basement level with access from the rear parking lot, the parking space comprises 236 square feet.

Plat

Condominium Fee
$943.71 monthly condominium fee includes all utilities, heat, air conditioning, cable television, 24-hour security, common area maintenance, master insurance policy, professional management, reserve funds, snow and trash removal.

Condominium Resale Package

TITLE:
The apartment and parking unit will be sold free and clear of liens - Baltimore City Deed Liber 14145, folio 484 and 489.

TAXES:
Unit 610 - published annual real estate taxes are $1,660.18, based on the full value assessment of $75,000.  

Parking Unit P21 - published annual real estate taxes are $82.21, based on the full value assessment of $3,500.

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 contract to date of settlement.  All adjustments, including taxes, condominium fee, 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, including the Declaration and Bylaws of the Park Towers West condominium regime.  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 and right of rescission under Maryland condominium 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.

Exclusions - dining room chandelier, personal property.

Auction by order of the Trustees of
The Lorraine F. Pugatch Family Trust