PUBLIC AUCTION

HANLON PARK
Facing Lake Ashburton!

Grand, Waterview
TRADITIONAL HOME

2 Apartments Garage

Photos of auction property
FRONT VIEW      VIEW OF LAKE      VIEW OF LAKE #2

Sale On Premises
3225 POWHATAN AVENUE
Off 3000 N. Hilton Street
BALTIMORE, MD 21216

WEDNESDAY, MAY 2, 2007
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:

The home is perched on a hill overlooking the center of Baltimore's famous Lake Ashburton in the Hanlon neighborhood. The area surrounding the lake is known as Hanlon Park which features playgrounds, walking paths and picnic areas. This prestigious neighborhood is within walking distance to the MTA bus line and the Metro Subway Station. Downtown Baltimore is just ten minutes to the southeast. This is a beautiful predominantly homeowner area where pride in home ownership is evident.

For more information on the Hanlon neighborhood, visit:
http://www.livebaltimore.com/nb/list/hanln/

Photos of auction property
AERIAL VIEW      ADJACENT HOMES      STREET SCENE

LOCATION MAP

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

SITE:

Large lot measuring 100' x 140', more or less

BLOCK PLAT

Serviced by public water, public sewer and natural gas

2 electric and 2 gas meters

IMPROVEMENT
DESCRIPTION:

Pillared porchfront two story home facing the center of Lake Ashburton has great water views throughout. The home features vinyl double glazed windows, inlaid hardwood floors, arched doorways, modern Columbia oil fired hot water heating system, detached 2 car garage, stone walkways and a fenced yard. Note: The home is in need of updating and cosmetic repairs.
Photos of auction property
FRONT    SIDE    REAR    GARAGE    BOILER FURNACE

The home is arranged as follows:

First floor unit - living room with manteled gas fireplace, formal dining room with built-in corner cabinet, quarry tile heated sun porch, large kitchen with gas range, breakfast room with built-in china closet, 3 bedrooms and 2 full bathrooms;
Photo of

Second floor unit - living room with gas fireplace, formal dining room, quarry tile heated sun porch, den (optional 3rd bedroom), updated kitchen with oak cabinetry and gas range, 2 bedrooms and 2 full bathrooms;
Photo of

Full basement with laundry area and outside exit

ANNUAL REAL
ESTATE TAXES:


$4,337

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 $15,000 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 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 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!

Broker participation is invited.
BROKER REGISTRATION FORM