16 East Fayette Street 
Upcoming Auctions
|
Auction Listing
Main > Residential > ABSOLUTE AUCTION ABOVE $40,000
"Gardenville Area - Glenham-Belford Neighborhood" Detached Two-Unit Traditional Home 
ABSOLUTE REAL ESTATE AUCTION
Detached, Two-Unit
 Front View
Sale on Premises
LOCATION & DIRECTIONS: The property is located Northeast Baltimore City in the Glenham-Belford neighborhood, in an area often referred to generally as Gardenville. Other adjacent neighborhoods include Frankford, Waltherson and Cedmont. Area homes are mostly single-family detached homes, with other semi-detached homes, attached homes and low-rise apartments nearby. Most homes are well maintained and owner-occupied. The Belair Road corridor offers shopping and entertainment, and local schools are within walking distance. Downtown Baltimore is just a few miles to the southwest.
For directions from your location, visit: maps.google.com SITE AREA: Rectangular lot fronting 50' on Belle Vista Avenue, with depths of 159'4", comprising 7,954 square feet, or 0.18 acre, more or less.
IMPROVEMENTS: Two and one-half story frame traditional home with covered porchfront is zoned for 2 units, contains 1,875 total square feet of living area above grade, and 1,150 square feet of basement space, according to public tax records. The property is arranged as follows: living room, kitchen, two bedrooms and bath, on the first floor; living room, kitchen, three bedrooms and bath, on the second floor; finished attic with additional bedroom or office; unfinished basement. Hot water radiant heat. Separate gas and electric meters. Needs renovation. ZONING: R-5, residential, two dwelling units. TITLE: In fee simple; sold free and clear of all liens. FINANCING: Call for pre-qualification: Mr. Craig Kessler INSPECTION TIME: Forty-five minutes prior to sale. TERMS OF SALE: Deposit of $5,000, payable by certified or cashier's check, 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. 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, 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. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser. TIME IS OF THE ESSENCE.
Questions?
For more information about terms of sale, and the auction process see our:
Frequently Asked Questions page If you have additional questions, please fill out this form: |
