"Brooklyn"

Updated, Two Story Townhome
11944.jpg

Listing Details

Sold Price
$45,000
Auction Date
Auction Time
1:45 PM
Address
3719 2nd Street, Baltimore, MD, 21225
County
Baltimore City
Neighborhood
Brooklyn
Inspection
The property will be open 30 minutes prior to sale on the day of the auction only.
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

Use Mobile?
11945.jpg
11945.jpg
11946.jpg
11947.jpg
11948.jpg
11949.jpg
11950.jpg
11951.jpg
11952.jpg
11953.jpg
11954.jpg
11955.jpg
11956.jpg
11957.jpg
11944.jpg

REAL ESTATE AUCTION

BROOKLYN

Updated, Two Story
TOWNHOME

Sale On Premises
3719 2ND STREET
Baltimore, MD 21225

THURSDAY, JUNE 15, 2017
AT 1:45 P.M.

- Suggested Opening Bid: $10,000 -

      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:
The property is located in the Brooklyn neighborhood in southeast Baltimore City. The area is very close to I-895, and has easy access to I-695 (The Baltimore Beltway), I-95 and I-295. Nearby properties are a mix of traditional homes, townhomes and garden apartments.

For more information about the area, please see:
http://livebaltimore.com/neighborhoods/

SITE:
Rectangular lot: 20' x 100'

Parking pad

Zoning R-6

All public utilities

IMPROVEMENT DESCRIPTION:
Two story townhome - according to public tax records, the home was constructed in 1923, contains 1,372 square feet of living area and 616 square feet of basement space. The home has been recently updated and features new kitchen appliances, gas forced air heat, rear parking pad and is arranged as follows: living room, dining room, kitchen, utility room with walk-out and bath on the first floor; 3 bedrooms and bath, on the second floor; and an unfinished basement.

ANNUAL REAL ESTATE TAXES:
Published annual real estate taxes are $1,890.36 based on a full value assessment of $80,100. 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

TITLE:
The property is in fee simple; and is being sold free and clear of all liens.

TERMS OF SALE:
A $2,500 deposit, payable by certified check or 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, 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. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. 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. Time is of the essence.

No Buyer's Premium!