16 East Fayette Street 
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Main > Residential > "Northwood Area - Hillen" Two Story Townhome With Garage
Thomas B. Corey, Esquire
 Front View
Sale On Premises
LOCATION & DIRECTIONS: The home is located one block east of the 4000 block of Loch Raven Boulevard in north Baltimore, a short walk to Morgan State University, Northwood Plaza and Herring Run Park. The neighborhood is comprised of tidy two story brick townhomes, constructed in the 1950s. Nearby public transportation and convenient access to the Baltimore Beltway (I-695) provide convenient linkage to area employment centers. For directions from your location, visit: maps.google.com SITE AREA: Rectangular lot 20' x 87'4" Zoning R5, residential All public utilities IMPROVEMENTS: Two story inside-group brick townhome - according to public tax records, the home was constructed in 1939 and contains 1,280 square feet of living area and 640 square feet of basement space.
Open front porch Composition shingle roof with aluminum rain gutters Double-glazed aluminum double hung windows Full concrete block basement foundation Rear one-car parking pad One-car basement garage Rear porch
Hardwood floors throughout Original mouldings and trim Cosmetic repairs are needed
Living Room Dining Room - French doors to rear porch Kitchen - vinyl floor, wood cabinets, range/oven, refrigerator, pantry
3 - Bedrooms with ceiling fans Full ceramic tile Bath
Outside exit Knotty pine Club Room with bar Shower-Bath
Gas, hot water heat Gas water heater 100-ampere electrical service REAL ESTATE TAXES: Published 2010 annual real property taxes are $3,295.59, based on a full value assessment of $163,750. Baltimore City may reduce property taxes based on the new sales price. TITLE: The property is in fee simple and sold free and clear of liens; Deed Liber 4313, Page 125. FINANCING: Call for pre-qualification: Mr. Craig Kessler INSPECTION TIME: From 1:15 p.m. on the day of sale. 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, 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.
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