Jeffrey K. Gonya, Esquire
Venable, Baetjer and Howard, LLP
1800 Mercantile Bank & Trust Building
2 Hopkins Plaza
Baltimore, Maryland 21201

ESTATE AUCTION

HOWARD PARK

Unique, 2-1/2 Story
VICTORIAN HOME

With Original Detail



Sale On Premises
4812 GWYNN OAK AVENUE
Off 4700 Liberty Hghts Avenue
BALTIMORE, MD 21207

WEDNESDAY, MARCH 30, 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:

Situated in the popular Howard Park neighborhood, just west of Forest Park. The following is an excerpt published in the Baltimore Sun about Howard Park: "One pleasant thing about Howard Park is that it backs against Hillsdale Park, home of the Forest Park Golf Course, lending a quiet, sylvan feel to the community. Powder Mill Park -- at the western end of Howard Park at the city line -- is another green space that residents use.

Howard Park has been a stable community, due to a large percentage of longtime homeowners and two active community associations. It shows how suburban living can succeed inside the city line..."

LOCATION MAP

SITE:

Front 56', Rear 56', Depths of 158'10" & 159', more or less

BLOCK PLAT

ZONING:

R-2, single family residential

IMPROVEMENT
DESCRIPTION:

Desirable 2-1/2 story shake shingle home features covered porchfront, front and rear staircases, solid oak doors, trim and banisters, heavy electrical service and contains: foyer, living room, dining room, kitchen and Butler's pantry, on the first floor; 3 bedrooms and bathroom, on the second floor; 3 bedrooms on the third floor; full basement.

ANNUAL REAL
ESTATE TAXES:


$1,538

TITLE:

In fee simple; sold free and clear of all liens

INSPECTION:

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

DIRECTIONS:

For directions from your location, visit:
http://www.mapquest.com/directions/main.adp.


TERMS OF SALE

       Deposit payable by certified or cashier's check of $5,000 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. If the Personal Representative 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 Personal Representative, Attorney for the Estate 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. TIME IS OF THE ESSENCE. No buyers premium!

Margaret Mills, P.R. for the Estate of Howard B. Clark