ESTATE AUCTION

WALTHERSON

TWO STORY COLONIAL HOME
Arranged for 2 Apartments

Photos of auction property
FRONT VIEW     REAR VIEW     STREET SCENE     LOCATION MAP

Sale On Premises
4108 FRANKFORD AVENUE
Off 5400 Belair Road
Baltimore, Maryland 21206

THURSDAY, NOVEMBER 8, 2007
AT 2:00 P.M.

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SITE:

4108 Frankford Avenue is located just west of the 5400 block of Belair Road. Surrounding housing appears to be well maintained. Public transportation is within walking distance.

Lot size 52'10" x 134'9", more or less - corner lot

All public utilities

BLOCK PLAT

HOME:

Circa 1924, two-story masonry porchfront colonial home

Exterior
Composition shingle roof with aluminum downspouts
Double hung replacement windows
Detached two-car masonry garage
Photo of

Interior - the home is currently arranged for two apartments, but could be easily configured for single family use

Photos of auction property
TRANSOM     KITCHEN     LIVING ROOM     BATHROOM

First Floor - entry foyer, living room, dining room, bedroom with ceiling fan, kitchen with maple cabinets range/oven and refrigerator, full ceramic tile bath

Second Floor - living room, kitchen, 2 bedrooms, full ceramic tile bath

Basement - outside exit, partially finished

Attic - walk-up attic is partially finished

Mechanical - gas hot water heat, 100 ampere electric service, window air conditioners, sump pump, 2 gas meters, 2 electric meters

The home needs updating and cosmetic repairs.

ZONING:

R5, residential - 2 dwelling units.

TITLE:

In fee simple. The property is sold free and clear of all liens.

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, 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