PUBLIC AUCTION

LAURAVILLE

Wrap-Around Porchfront
VINYL SIDED
COTTAGE

6 Bedrooms 2 Baths



Sale On Premises
4505 HAMPNETT AVENUE
One Block West of 4500 Harford Road
BALTIMORE, MD 21214

FRIDAY, SEPTEMBER 23, 2005
AT 12:00 NOON


       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 Lauraville neighborhood of northeast Baltimore City, one block west of 4500 Harford Road, off 2912 Montebello Terrace. The home is located within walking distance of public transportation and ample shopping along Harford Road. Downtown Baltimore City is located approximately 10 minutes to the southwest.

For a neighborhood profile, visit:
http://www.livebaltimore.com/nb/list/laura/

LOCATION MAP

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

SITE:

4505 Hampnett Avenue: 50' x 162'7", more or less
Lot 10, Block 5342: 25' x 162'7", more or less
Serviced by public water, public sewer and natural gas

BLOCK PLAT

ZONING:

R-4, single family residential

IMPROVEMENT
DESCRIPTION:

Two and one-half story covered wrap-around porchfront vinyl sided cottage contains: entry foyer, living room, dining room and kitchen (with walk-out to covered porch), on the first floor; 4 bedrooms and full bathroom, on the second floor; 2 bedrooms and full bathroom, on the third floor; full basement with laundry area. The home has a modern McLain gas steam heating system; 40 gallon gas fired water heater; and 100 ampere modern housepower.


Photos:    LIVING ROOM     FURNACE & WATER HEATER

ANNUAL REAL
ESTATE TAXES:

4505 Hampnett Avenue: $2,116
Lot 10, Block 5342: $100

TITLE:

Subject to an annual $240 ground rent (t.b.c.); sold free and clear of all liens

INSPECTION:

11:00 a.m. on the day of the auction

MANNER OF SALE:

Both the house and adjacent lot will be sold as an entirety only.

TERMS OF SALE

       Deposit payable by certified or cashier's check of $10,000, 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 72 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, ground rent 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 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 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!