REAL ESTATE AUCTION
Due To Purchaser's Default

HAMPDEN - MEDFIELD

3 Bedroom2 Bath
PORCHFRONT TOWNHOME
With Two-Car Garage


Photos of auction property
FRONT VIEW      STREET VIEW      REAR VIEW      GARAGE

Sale On Premises
1345 W. 42ND STREET
Off 4200 Falls Road, Baltimore, MD 21211

TUESDAY, JULY 18, 2006
AT 3:15 P.M.


LOCATION:

1345 W. 42nd Street is situated on a quiet, tree-lined block of porchfront townhomes in the "Medfield" neighborhood of north Baltimore. Medfield is located just north of Hampden, within walking distance of the restaurants, attractions and shops along "The Avenue," Hampden's 36th Street business district. The neighborhood is convenient to the Jones Falls Expressway (I-83 south), with access at Exit 9 - Cold Spring Lane and Exit 8 - Falls Road. MTA Bus and Light Rail service are within walking distance, providing excellent transportation to area employment centers. Properties within the neighborhood are typically well maintained. Many property owners have made substantial improvements.

For a description of Hampden, visit:
http://www.livebaltimore.com/nb/list/hmpdn/

LOCATION MAP & DIRECTIONS

HOUSE:

Two story inside-group covered porchfront brick townhome, circa 1924.

Exterior
New vinyl double-hung replacement windows
Two-car detached garage
Fenced rear yard

First Floor
Living Room - hardwood floor
Dining Room - hardwood floor
Kitchen - vinyl floor
Full Bathroom

Second Floor
3 Bedrooms
Full Bathroom

Basement
Recreation Room
Laundry/Utility Room

Mechanical
Gas hot water heat with radiators
Gas 30-gallon water heater
Updated 150-ampere electrical service

Note
Maryland Department of the Environment (MDE) Lead Paint Risk Reduction Certificate No. 313419

The home may require additional updating and remodeling.

SITE:

Rectangular lot - 19'3" x 98', more or less

BLOCK PLAT

TAXES:

$1,964.93

TITLE:

Subject to an annual $77 ground rent. The property is sold free and clear of liens. Deed Liber 6568, Page 941.

INSPECTION:

One half hour prior to the sale.

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 45 days, but not earlier than June 9, 2006. 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, 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. 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.
BROKER REGISTRATION FORM