Real Estate Auction

RESERVOIR HILL

Renovated Townhome
4 Bedrooms1½ Baths

Photo of

Sale On Premises
2511 LINDEN AVENUE
Off 800 Druid Park Lake Drive
Baltimore, MD 21217

FRIDAY, JULY 14, 2006
AT 11:00 A.M.


LOCATION:

2511 Linden Avenue is situated in the rapidly redeveloping Reservoir Hill neighborhood of Baltimore, convenient to downtown employment centers, I-83 (Jones Falls Expressway), just one block from Druid Lake and two blocks from Druid Hill Park. The property is located on an attractive city block with adequate on-street parking.

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

LOCATION MAP

HOUSE:

Two story covered porchfront brick townhome features large rooms, window awnings, replacement windows and fenced rear yard. The home is well constructed with a stone foundation, flat built-up roof and wooden cornice.

Photo of

First Floor
Entry Foyer with wood-laminate flooring
Carpeted Living Room
Carpeted Dining Room
Kitchen - updated white laminate cabinets, range/oven, pantry, vinyl floor

Second Floor
Bedroom with Sitting Room, skylight and exit to a Porch
3 Additional Bedrooms
Full Ceramic Tile Bath with whirlpool tub
Hall Skylight

Basement
Carpeted Club Room
Bonus Room
Half-Bath
Laundry Room - washer and dryer

Mechanical
Gas hot water heat
100-ampere electric
30-gallon gas water heater


SITE:

22' x 120', more or less - level rectangular lot. The lot has space for a two-car parking pad or a garage in the rear.

TITLE:

Subject to an annual $120 ground rent. Deed Book 6670, Page 562. The property is sold free and clear of liens.

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, 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