Public Auction

CHARLES VILLAGE/
ABELL NEIGHBORHOOD

Near Johns Hopkins University!

Large, 2 Story
BRICK TOWNHOME

With Detached Garage

Photos of auction property
FRONT VIEW      REAR VIEW      STREET SCENE

Sale On Premises
313 E. 33rd STREET
Off Guilford Avenue
BALTIMORE, MD 21218

WEDNESDAY, NOVEMBER 1, 2006
AT 11:00 A.M.


LOCATION:

Great location, opposite Union Memorial Hospital and only 3 blocks east of the Johns Hopkins University Homewood Campus, within 10 minutes of Downtown Baltimore City and minutes from I-83. The Charles Village and Abell neighborhoods are fast becoming Baltimore City's hottest real estate market. The neighborhood comprises numerous townhomes and apartments featuring quality construction and craftsmanship, with character and fine detail, restaurants, cafes, boutique shops and more. Charles Village Projects, which is a large mixed use luxury condominium unit, retail and office complex, is under construction within two blocks of the subject property. In addition to some well known area merchants and restaurants, such as Eddies Market, Donna's Restaurant, Charles Village Pub, XandO Café and Sam's Bagels, new commercial tenants are coming into the neighborhood including Chipolte Grill, Barnes & Noble, Starbucks, Cold Stone Creamery, etc. Demand for neighborhood homes and apartments is currently strong with property values escalating over the past several years which appears to have no immediate end in site.

View of Union Memorial Hospital:
Photo of

LOCATION MAP

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

SITE:

Front 21', rear 16', with depths of 167'2", comprising 0.07 acre, more or less (irregular shape - see the block plat addendum)

Rear landscaped yard
Serviced by public water, public sewer and natural gas

ZONING:

Split zoning of R-8 & R-7, single family residential

IMPROVEMENT
DESCRIPTION:

House - Desirable townhome features a covered porchfront, inlaid hardwood floors, replacement windows, gas hot water heat, 200 ampere modern housepower and a gas fired water heater. The home contains: living room, dining room with artificial fireplace, updated kitchen (with oak cabinetry, gas range/oven) and breakfast room, on the first floor; 3 bedrooms, (one with bay windows and one with exit to a rear covered porch) and modern ceramic tile bathroom, on the second floor; full basement with recreation room and bathroom.
Photo of

Garage - Detached masonry garage in the rear
Photo of

ANNUAL REAL
ESTATE TAXES: 


$2,670

TITLE:

In fee simple; sold free and clear of all liens

INSPECTION:

10:00 a.m. on the day of the auction


TERMS OF SALE

       Deposit payable by certified or cashier's check of $15,000 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 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!

Broker participation is invited.
BROKER REGISTRATION FORM