Sale on Premises
5518 TODD AVENUE
Off 5600 Summerfield Avenue
Baltimore City, MD 21206

THURSDAY, JULY 29, 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.

5518 Todd Avenue is located in the "Frankford" neighborhood of northeast Baltimore, east of Belair Road (US-1), west of Cedonia Avenue, south of Hamilton Avenue and north of Radecke Avenue.  The neighborhood is a mixture of housing types and styles.  Public transportation is within walking distance.  The Baltimore Beltway (I-695) and I-95 are within a five minute drive.

Live Baltimore Neighborhood Profile:
http://www.livebaltimore.com/neighborhoods/list/frankford

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

Lot size 36' x 120'

Zoning R5, residential

All public utilities

Chain link fenced rear yard

2-car driveway

Rear concrete patio

Open front porch

BLOCK PLAT (pdf)

Two story brick semi-detached home, constructed in 1958 and containing approximately 1,200 square feet of living area and 600 square feet of basement space. 

The home was occupied by the original homeowner and has been vacant for about one and one-half years.

Exterior Composition shingle roof Wooden double-hung windows with aluminum storm sashes Full concrete block basement foundation Interior Plaster walls Hardwood floors throughout First Floor Living Room Dining Room Kitchen - wood cabinets, vinyl floor, Real Host wall oven, stainless steel sink, gas rangetop Second Floor 3 - Bedrooms (some built-in furniture) Full Ceramic Tile Bathroom Pull-Down Attic with flooring Basement Unfinished Vinyl floor Outside exit Laundry area with utility sink Mechanical Carrier gas forced hot air heat and central air conditioning Gas, 30-gallon water heater 100-ampere electrical service 2 - sump pumps Some updating and cosmetic repairs are needed.

FRONT PORCH    LIVING ROOM & DINING ROOM    KITCHEN    BATHROOM

Published real property taxes for 2010 are $3,521.69 based on a full value assessment of $147,970.  Taxes may reduced based on the purchase price.

The property is in fee simple and will be sold free and clear of liens.  Deed Liber 2105, Page 29.

Call for pre-qualification:

Mr. Craig Kessler
Freedmont Mortgage Funding
50 Scott Adam Road
Hunt Valley, Maryland  21030
410-654-3900 direct
410-702-4511 fax
craig@greatloanofficer.com

From 10:15 a.m. on the day of sale or use SentriLock.

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.

No buyer's premium.

Broker participation is invited.
BROKER REGISTRATION FORM (pdf)

Auction by order of:
Robert E. Helinski, Attorney-in fact
for Edward J. Helinski