PUBLIC AUCTION

BALTIMORE HIGHLANDS

Desirable, 2 Story
DUTCH COLONIAL

In Need of Repairs



Sale On Premises
3812 ANNAPOLIS ROAD
Corner of Alderwood Rd.
BALTO. CO., MD 21227

THURSDAY, SEPTEMBER 8, 2005
AT 2:00 P.M.


       THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE AND BELIEVED TO BE ACCURATE. HOWEVER, NO EXPRESS OR IMPLIED WARRANTY IS MADE AS TO THE ACCURACY OF THESE REPRESENTATIONS.

GENERAL INFORMATION

LOCATION:

Located in the popular Baltimore Highlands neighborhood, minutes from I-95, I-695 and the Baltimore-Washington Parkway. From the 1300 block of Patapsco Avenue, turn south on Annapolis Road (MD Route 648), travel two blocks south to the home on the right. The home is situated within walking distance of Baltimore Highlands Elementary School, Lansdowne Middle School and Lansdowne High School. The Downtown Baltimore business district is situated less than 10 minutes to the northeast.

LOCATION MAP

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SITE:

Lot size: 7,300 square feet, more or less.
Serviced by public water, public sewer and natural gas

TAX MAP

ZONING:

D.R. 5.5, single family residential

IMPROVEMENT
DESCRIPTION:

Two story, covered porchfront, shingle sided Dutch colonial home. The home was reportedly constructed in 1935, according to tax records, and is a diamond in the rough, featuring original woodwork and trim and hardwood floors. The home contains: living room with artificial fireplace with walkout entry into an enclosed sun porch, dining room, kitchen, summer kitchen, enclosed sun porch with walkout to a screened rear porch, on the first floor; three bedrooms and bath, on the second floor; full basement. Note: The home is in need of repairs.

ANNUAL REAL
ESTATE TAXES:


$1,043

TITLE:

In fee simple; sold free and clear of all liens

INSPECTION:

1:00 p.m. on the day of the auction


TERMS OF SALE

       Deposit payable by certified or cashier's check of $7,500 will be required of the purchaser at time and place of sale. The deposit is to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers. Balance to be paid in cash within 45 days. If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement. Taxes and all other public charges and assessments, payable on an annual basis, including 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, without express or implied warranty as to the nature and description of the improvements as contained herein; and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes risk of loss from the date of sale forward. The purchaser waives and releases the Sellers, 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 Sellers are 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 Sellers or Auctioneer. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. Cost of all recordation and transfer taxes to be paid by the purchaser. A 5% Buyers Premium will be added to the final bid price. TIME IS OF THE ESSENCE.