Irvin B. Deane, Attorney
10220 S. Dolfield Avenue - Suite 201
Owings Mills, MD 21117

ESTATE AUCTION

FALLSTAFF

Semi-Detached, Brick
PORCHFRONT HOME

With Garage

Photos of auction property
FRONT VIEW      REAR VIEW      GARAGE

Sale On Premises
3742 CLARINTH ROAD
Corner Gist Avenue
Baltimore, MD 21215

TUESDAY, AUGUST 7, 2007
AT 2:00 P.M.


LOCATION:

Situated east of the 6700 block of Reisterstown Road and west of the 6700 block of Park Heights Avenue, the property is within walking distance of public schools, shopping and public transportation. Neighborhood homes are typically well maintained and rarely available.

Location Map

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

SITE:

Corner lot 40' x 135'6", more or less

BLOCK PLAT

HOME:

Two story brick semi-detached home, circa 1943

Exterior
Covered front porch
Composition Shingle Roof
Vinyl double-hung replacement windows
Semi-detached brick garage
Interior - carpeting and hardwood floors
First Floor - living room with brick fireplace, dining room, kitchen, half-bath
Second Floor - two bedrooms, kitchen (could be third bedroom, full ceramic tile bath
Full Basement - knotty pine paneled club room, full bath, laundry/utility room
Mechanical
Oil hot water heat
100-ampere electrical service
50-gallon gas water heater
Wired for ADT alarm
The home needs updating and cosmetic repairs.

ZONING:

R5 - single family residential. The property is not zoned for 2 apartments.

TAXES:

2007 real property taxes - $1,762.56

TITLE:

Deed Liber 705, page 443. Subject to an annual $120 ground rent, payable in equal semi-annual installments on the first days of June and December. The property is sold free and clear of liens.

INSPECTION:

From 1:15 p.m. on the day of sale.

TERMS OF SALE:

A $7,500 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, transfer taxes and all costs incidental to settlement to be paid by the purchaser. Time is of the essence.

NO BUYER'S PREMIUM.

Broker participation is invited.
BROKER REGISTRATION FORM

Irvin B. Deane, Personal Representative of the
Estate of Meyer Pruce, et al.