"Rosemont"

Two Story Semi-Detached Porchfront Home
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Listing Details

Auction Date
Auction Time
2:00 PM
Address
3007 Presstman Street, Baltimore, MD, 21216
County
Baltimore City
Neighborhood
Rosemont
Category
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Auction Registration
Inspection
The property will be open 30 minutes prior to sale on the day of the auction only.
Additional Documents
Financing
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Scroll down for Complete Details, including: property description and Terms of Sale.

REAL ESTATE AUCTION

ROSEMONT

Two Story Semi-Detached
PORCHFRONT HOME
- Arranged for 2 Units -

Sale On Premises
3007 PRESSTMAN STREET
Baltimore, MD 21216

TUESDAY, DECEMBER 5, 2017
AT 2:00 P.M.

- Suggested Opening Bid: $15,000 -

      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 Rosemont neighborhood in west Baltimore City. The property sits approximately 0.5 mile south of W. North Avenue and about 1 mile north of W. Franklin Street, which provides great linkage to Downtown Baltimore and I-695. Coppin State University, public transportation and numerous commercial properties are conveniently located within walking distance.

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

SITE:
Rectangular lot: 18' x 154'6", more or less

Street parking

Fenced rear yard

Zoning R-6, residential, single family

All public utilities

IMPROVEMENT DESCRIPTION:
Two story semi-detached brick porchfront townhome - according to public tax records, the home was constructed in 1920 and contains 1,450 square feet of living area and 700 square feet of basement space. The home is believed to be arranged for 7 rooms (4 bedrooms), bath and basement. Basement dwelling unit is currently rented for $700/month, on a month to month lease.

ANNUAL REAL ESTATE TAXES:
Published annual real estate taxes are $708 based on a full value assessment of $30,000.

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 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. All adjustments, including taxes, 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 settlement. 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.

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