ESTATE AUCTION

UPPER PARK HEIGHTS
"Cross Country"

2 Bedroom2 Bath
MID-RISE APARTMENT
CONDOMINIUM UNIT


Photo of

Sale On Premises
UNIT 405
PARK TOWERS WEST
7121 PARK HEIGHTS AVENUE

Corner Seven Mile Lane, Baltimore, Maryland 21215

THURSDAY, AUGUST 23, 2007
AT 10:00 A.M.
(Inspection 9:00 A.M.)

LOCATION:

Park Towers West Condominium is located in the Cross County neighborhood of northwest Baltimore, just south of the Baltimore City-County line. The surrounding area is well established, consisting of single family homes, garden apartments and mid-rise apartment buildings. Public transportation is at the door. Units in Park Towers West are highly sought after and rarely available.

Location Map

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

BUILDING:

Nine story brick full service apartment building, features doorman, furnished lobby with receptionist, security entry, basement storage lockers and ample parking. The building was constructed in the 1960's and was converted to condominium units in 1974. Park Towers West has approximately 89 apartment units and 3 elevators, including a Sabbath elevator.

UNIT:

Fourth floor unit - 1,423 square feet of living area, containing

Foyer - guest closet and vinyl floor
L-shaped Living Room/Dining Room - carpeting, sliding doors to Balcony
Kitchen - white laminate cabinets, vinyl floor, range/oven, microwave, dishwasher and refrigerator
Master Bedroom with en suite Master Bath - carpeting in bedroom, double closet, walk-in dressing area and closet, ceramic tile shower stall in bath
Second Bedroom (currently used as a den) - carpeting
Full Hall Bath - ceramic tile
Laundry - washer/dryer in unit
Large storage closets in unit
Central gas hot water heat
Central air conditioning
Some updating is needed
NOTE: The seller has paid $3,240 for new replacement windows and doors, scheduled to be installed during the next month!


Photos of auction property
LIVING ROOM     HALLWAY     BEDROOM

BUILDING PLAT

TITLE:

The unit is in fee simple, sold free and clear of all liens.

CONDO. FEE:

$642.59, includes, heat, air conditioning, electricity, gas, water and sewer

TAXES:

2007 real property taxes $1,800.00

MANNER OF SALE:

Inspection at 9:00 a.m. The auction will be held outside of the building at 10:00 a.m.

TERMS OF SALE:

A $5,000 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, condominium fee, 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, and subject to the Declaration and Bylaws of the Park Towers West Condominium. 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 and waives the right of rescission under Maryland Condominium 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

Estate of Bernice Baer