REAL ESTATE AUCTION

BAYVIEW
Joseph Lee - Greektown Area

TWO STORY TOWNHOME
Updated - Arranged As Two Units

Photo of

Sale On Premises
360 ELRINO STREET
Off 6200 Eastern Avenue
BALTIMORE, MARYLAND 21224

WEDNESDAY, AUGUST 15, 2007
AT 2:00 P.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:

The property is located in the "Joseph Lee" neighborhood on the east side of Baltimore City. While much of the activity in the city's neighborhoods has drawn to a lull, Joseph Lee remains strong based on location and high rates of homeownership. The combination of proximity to jobs, a tight knit community, and a small neighborhood feel, makes Joseph Lee prime for investors and homeowners alike. Downtown Baltimore is just a few miles to the west, access to I-95 is close to both the east and west, and Johns Hopkins - Bayview Campus is right in the backyard.

For more information on living in Baltimore, visit:
http://www.livebaltimore.com/nb/list/JoesephLee/

Location Map

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

SITE:

Lot size is 15' front by 95' deep, more or less.

ZONING:

R-7, Residential.

IMPROVEMENT
DESCRIPTION:

Two story brick inside-group covered porchfront townhome has been recently updated and is arranged as two units. Features include hardwood floors, one to two car parking, two full baths, gas forced air heat, 100 amp. electrical service, and MDE lead certificate. The home contains a living room, dining room, kitchen with walk out to rear patio and parking pad, on the first floor; three bedrooms and full tile bath, on the second floor; full, finished basement with eat-in kitchen, additional room with laundry hook-up, full bath with ball and clawfoot tub, and walk out to rear patio.

Photos of auction property
1ST FLOOR VIEW    1ST FLOOR KITCHEN    2ND FLOOR BEDROOM
2ND FLOOR BATH    BASEMENT LIVING ROOM    BASEMENT KITCHEN    BASEMENT BATH    BASEMENT LAUNDRY ROOM
REAR PATIO WITH PARKING


ANNUAL REAL
ESTATE TAXES:


$1,703

TITLE:

In fee simple; sold free and clear of all liens

INSPECTION:

1:30 P.M., on the day of the auction.

TERMS OF SALE

       A deposit by certified check or cashier's check of $5,000 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 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 as of date of sale. All other public charges and assessments payable on an annual basis including sanitary and/or metropolitan district charges to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The property will be sold in an "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein. 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. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Laws. Cost of all documentary stamps, transfer taxes and other costs incident to settlement to be paid by the purchaser. Time is of the essence.

No Buyer's Premium.

Broker participation is invited.
BROKER REGISTRATION FORM