"Barclay - Station North Arts & Entertainment District" Three Story Townhome Arranged for 3 Apartments


Listing Details

Sold Price
Auction Date
Auction Time
11:30 AM
307 E. 22nd Street, Baltimore, MD, 21218
Baltimore City
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David B. Pierce, Solicitor
25 Hooks Lane - Suite 316
Baltimore, MD 21208



Apartment Buildings & Townhomes
Located in Union Square, Sandtown-Winchester,
Barclay and Coldstream-Homestead-Montebello

Sales On Respective Premises
At the Following Times

        Under and by virtue of the power of sale contained in a certain Deed of Trust from Ionita Marcella Rutherford to the Trustee(s) therein, dated December 24, 2008, and recorded among the Land Records of Baltimore City, Maryland, in Liber FMC 11257, Page 468, the holder of the indebtedness secured thereby having appointed the undersigned, in place and stead of the aforementioned Trustee(s), by instrument duly executed, acknowledged and recorded among the Land Records aforesaid, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned Substitute Trustee will sell at Public Auction, on the premises, the following:

        All those lots of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland and being more fully described in the above-referenced Deed of Trust, comprising the following properties:

At 11:30 A.M.
Three Story Townhome

Arranged for 3 - Apartments
307 E. 22ND STREET
Off 2200 Guilford Avenue
"Barclay - Station North Arts &
Entertainment District" 21218

        The improvements are believed to comprise a three story inside-group brick townhome. The home has been partially renovated into 3 dwelling units, currently zoned R-9, single family. Lot size 15' x 85', more or less. Subject to an annual $120 ground rent, payable semi-annually on February 1 and August 1.

        Deposit $2,500

        BLOCK PLAT (pdf)


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        Deposits as stated above, 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.  The holder of the indebtedness, if a bidder at the sale, shall not be required to post a deposit. Balance to be paid in cash at settlement, which shall take place within ten (10) business days following final ratification of the sale by the Circuit Court for Baltimore City at the offices of the Substitute Trustee.  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 stated in the foreclosed Deed of Trust Note, from date of sale to date of settlement.  If settlement is delayed for any reason, there will be no abatement of interest.  All adjustments as of date of sale.  Taxes, ground rents 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, as well as existing housing violation notices if any.  Purchaser shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of sale forward.  The purchaser waives and releases the Substitute Trustee, the holder of the indebtedness, 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 Substitute Trustee 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 Substitute Trustee, the holder of the indebtedness or Auctioneers.  Recordation costs, transfer taxes and all other costs incident to settlement, including a $300 document review fee by the Seller's attorney, to be paid by the purchaser.  Time shall be of the essence for the purchaser.

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David B. Pierce, Substitute Trustee