Fisher & Winner, LLP, Attorneys
315 N. Charles Street, Baltimore, MD 21201

GUARDIAN'S AUCTION

"CANTON"
LARGE THREE STORY
END-OF-GROUP TOWNHOME
- Requiring Renovation -


Located Opposite
Patterson Park




Sale On Premises
2325 EASTERN AVENUE
Corner Bradford Street, Baltimore, MD 21224

FRIDAY, FEBRUARY 17, 2006
AT 11:00 A.M.
(Inspection 10:15 a.m.)

LOCATION:

2325 Eastern Avenue is situated directly opposite Patterson Park, within walking distance of all Canton attractions. The neighborhood's designation in the National Register of Historic Places presents an opportunity for historic tax credits.


VIEW FROM 3rd FLOOR      VIEW FROM FRONT STEPS

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

LOCATION MAP & DIRECTIONS

SITE:

Rectangular lot 13' x 81'6", more or less - corner Bradford Street. The lot is level and paved with a rear fenced concrete courtyard. The site's rear courtyard with access from Bradford Street and Duker Court would be ideal for a parking pad.

BLOCK PLAT

HOUSE:

Three story end-of-group formstone front brick townhome. Baltimore City tax records indicate the home was constructed in 1920, but it could be older. The home has a full basement foundation, assorted windows, a steel fire escape and flat built-up roof in deteriorating condition. The home has some original trim and fireplace mantles. The home may have been converted to apartments, but is currently arranged for single family use.



First Floor - living room, dining room, kitchen, laundry room and full bath

Second Floor - large double room, bedroom and full bath

Third Floor - 3 bedrooms and half-bath

Basement - full, unfinished

Mechanical - gas hot water heat with radiators; 100 ampere electrical service; gas water heater

ZONING:

R8, residential

TAXES:

$2,499.54 for 2005

TITLE:

In fee simple. The property is sold free and clear of liens. Deed reference - Book 6808, Page 1078.

TERMS OF SALE:

A $10,000 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. 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, 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

Auction By Order of:
Louis I. Kaplan and Charles S. Winner
Guardians of the Property of Thomas J. Regan