PUBLIC AUCTION

MORRELL PARK

Unique, 2½ Story
BRICK COLONIAL

3,000± Sq. Ft. 2 Apartment Units

Photos of auction property
FRONT VIEW      STREET VIEW      REAR VIEW      REAR YARD

Sale On Premises
2617 WASHINGTON BOULEVARD
Off Wilmington Avenue
BALTIMORE, MD 21230

WEDNESDAY, MARCH 22, 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 the Morrell Park neighborhood of south Baltimore City, less than one mile from I-95, I-295 and just minutes from the Downtown Baltimore business district. The property is situated within walking distance of public transportation and within minutes of ample shopping along Washington Boulevard.

For a more detailed neighborhood description, visit:
http://www.livebaltimore.com/nb/list/morell/

LOCATION MAP

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

SITE:

Great lot fronting 37'6" along Washington Boulevard, with depths of 210', more or less.

Serviced by public water, public sewer and natural gas

Fenced front and rear yards

BLOCK PLAT

ZONING:

Zoned B-3-2 and R-5, single family.

IMPROVEMENT
DESCRIPTION:

Brick enclosed porchfront home contains: living room, dining room, kitchen, breakfast room, 3 bedrooms, bath, on the first floor; living room, updated kitchen, 2 bedrooms and bath, on the second floor; family room, bedroom and bath, on the third floor; full basement; 2-zoned gas forced hot air heat (recently installed units), central air on the second and third floors; recently replaced gas fired water heater.

Interior Photos:
Photos of auction property
1st FLOOR LIVING ROOM      2nd FLOOR KITCHEN
2nd FLOOR LIVING ROOM      3rd FLOOR FAMILY ROOM

ANNUAL REAL
ESTATE TAXES:


$1,921

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 the existing zoning, easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes risk of loss from the date of sale forward. The purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. 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!