Law Offices of
Sharon King Dudley, P.A.
1609 St. Paul Street
Baltimore, MD 21202

Estate Auction

BOLTON HILL

THREE STORY TOWNHOME
4 Apartments1 Rooming Unit



Sale On Premises
1712 BOLTON STREET
Off 200 Wilson Street, Baltimore, MD 21217

WEDNESDAY, NOVEMBER 16, 2005
AT 2:00 P.M.


LOCATION:

1712 Bolton Street is located in the "Bolton Hill" neighborhood of Baltimore a historic district of the National Register of Historic Places. Situated just north of the Mt. Royal cultural arts district, Bolton Hill is convenient to Metro subway, light rail and bus service, I-95 and the Jones Falls Expressway (I-83). Downtown employment centers are nearby. Neighborhood homes are predominantly comprised of nineteenth century townhouse mansions, many of which have been restored.

For a neighborhood description, visit:
http://www.livebaltimore.com/nb/list/bolton/

LOCATION MAP & DIRECTIONS

SITE:

Rectangular lot 18' x 150', more or less

BLOCK PLAT

BUILDING:

Three story brick inside-group townhome. According to public tax records the home was constructed in 1885 and contains 3,372 square feet of living area and 1,124 square feet of unfinished basement space. The building is reported to contain 4 one-bedroom and bath apartments, one rooming unit with bath, 3 decks and fenced yard.

Mechanical
Central gas forced hot air heat and common area electric provided by landlord
Central air conditioning in first floor apartment
Separate gas and electric meters for each apartment

OCCUPANCY:

First Floor Apartment - Vacant

Second Floor Front Rooming Unit - Vacant

Second Floor Apartment - $575/month, lease ends December 2005

Third Floor Front - $400/month, lease ends January 2006

Third Floor Rear - $475/month, lease ends December 2006

ZONING:

R8, residential; registered as 4 apartments and one rooming unit

TITLE:

Deed Liber 4196, page 224. The property will be sold free and clear of liens and subject to an annual $180 ground rent.

TAXES:

2005 Real Estate Taxes - $4,142.22

TERMS OF SALE:

A $15,000 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 within 30 days. If payment of the 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 sale to date of settlement. All adjustments, including taxes, rents, ground rent, all other public charges and assessments payable on an annual basis, and 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, and subject to easements, agreements, restrictions or covenants of record affecting same, if any, and subject to the rights of the existing tenants. Security deposits, if any, will transfer at settlement. Dimensions and square footage contained herein are more or less. Purchaser assumes the risk of loss from the date of sale 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 and transfer taxes to be paid by the purchaser. Time is of the essence.

NO BUYER'S PREMIUM.

Broker participation is invited.
Click here for the broker registration form.

Sharon King Dudley, Personal Representative of
The Estate of Gloria P. Christian