Sale On Premises
1011 S. LINWOOD AVENUE
Off 2900 O’Donnell Street
Baltimore, MD 21224

WEDNESDAY, JULY 21, 2010
AT 11:00 A.M.

NOTE:  The information contained herein has been obtained from sources deemed reliable and is believed to be accurate.  However, no express or implied warranty is made or may be inferred from any such representation.  Dimensions, square footage and acreage contained herein are more or less.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.

Real Estate

1011 S. Linwood Avenue is located in East Baltimore, four doors north of Canton Square.  The surrounding neighborhood is a mixture of renovated townhomes and retail commercial establishments, situated on tree-lined streets.  Canton Square is a grass mall, bounded by some of Baltimore’s best neighborhood eateries and Baltimore’s oldest public library branch.  Canton Waterfront Park and Fishing Pier are three blocks to the south, along with additional waterfront eateries, marinas and attractions.  Easy access to public transportation and I-95 provide convenient linkage to area employers.

For directions from your location, visit: maps.google.com

Neighborhood link:
http://www.livebaltimore.com/neighborhoods/list/canton

Historic information:
http://architecturaltrust.org/maryland/baltimore/canton

Rectangular lot - 15' x 75'

Zoning R-8, residential

All public utilities

Shared side walkway to rear courtyard

BLOCK PLAT (pdf)

Three story brick inside-group townhome

Exterior

Formstone front

Built-up roof

Aluminum double-hung windows

Interior

Paneled walls

Acoustical tile drop ceilings

Carpeting over wood floors

First Floor

Living room

Dining room

Sitting room

Eat-in Kitchen

Second Floor

Master Bedroom with walk-in closet

Full Bath

Third Floor

Bedroom #2

Bedroom #3

Basement

Unfinished

Mechanical

Gas hot water heat

Gas water heater

100-ampere electrical service

The home needs updating and cosmetic repairs.

2010 annual real property taxes are $4,021.73, based on a full value assessment of $178,420.

The property is sold free and clear of all liens, in fee simple; Deed Liber  1203, Page 168.

Call for pre-qualification:

Mr. Craig Kessler
Freedmont Mortgage Funding
50 Scott Adam Road
Hunt Valley, Maryland  21030
410-654-3900 direct
craig@greatloanofficer.com

One hour prior to the time of sale.

A $10,000 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, 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 (pdf)

Household Furniture & Effects

The remaining household items will be sold AS AN ENTIRETY ONLY, after the sale of the real estate.  Items include a 9-piece dining room suite, tall case clock, 3 cuckoo clocks, mahogany breakfront, dinette set, kitchenware, 5-piece pine bedroom suite, 3-piece Art Deco bedroom suite, cedar wardrobe, blanket chests, sewing machine, pictures, decorations, miscellaneous power and hand tools, including drill press, mitre saw, table saw and many other items.  TERMS - Payment in full by cash or prior approved check.  Removal required pursuant to pre-sale announcement.  No buyer's premium.

Auction by order of:
William Parks, Personal Representative of the
Estate of Arthur Parks