PUBLIC AUCTION

WALTHERSON
"Hamilton Villas"

Attractive, Vinyl Sided
PORCHFRONT COTTAGE

Contains 2 Apartments

Photos of auction property
FRONT VIEW      REAR VIEW      STREET VIEW

Sale On Premises
3503 ECHODALE AVENUE
Off 5200 Walther Avenue
BALTIMORE, MD 21214

THURSDAY, JUNE 8, 2006
AT 11:00 A.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 a great homeowner section of northeast Baltimore City in the "Hamilton Villas" subdivision of the Waltherson neighborhood. The property is situated within walking distance of public transportation and within minutes of ample shopping along Belair Road and Harford Road. Downtown Baltimore City is located approximately 15 minutes to the southwest.

LOCATION MAP

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

SITE:

Nice lot fronting 50' along Echodale Avenue, with depths of 126'9", comprising 0.15 acre, more or less

Serviced by public water, public sewer and natural gas

BLOCK PLAT

ZONING:

R-4, single family residential (permitted use for 2 dwelling units)

IMPROVEMENT
DESCRIPTION:

Covered porchfront vinyl sided home features; separate heat, separate water heaters, separate electric and gas meters; sump pump; rear fenced yard. The home contains two apartments as follows:

First Floor: entry foyer, living room, large eat-in kitchen, bedroom and bathroom; gas forced hot air heat

Second Floor: two rooms, kitchen and bathroom; electric baseboard heat. Note: The second floor is certified lead free.

Full basement: recreation room and laundry room

Interior Photos:
Photos of auction property
KITCHEN #1      KITCHEN #2      BEDROOM      LIVING ROOM

ANNUAL REAL
ESTATE TAXES:


$2,112

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 $7,500 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. A 5% Buyers Premium will be added to the final bid price. TIME IS OF THE ESSENCE.