"Bayview - Joseph Lee" Two Story Townhome Arranged as 2 Apartments

13265_gusryan430_front.jpg

Listing Details

Sold Price
$130,000
Auction Date
Auction Time
11:00 AM
Address
430 Gusryan Street, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Bayview - Joseph Lee
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

Use Mobile?
13265_gusryan430_street.jpg
13265_gusryan430_street.jpg
13265_gusryan430_front.jpg

Douglas C. Lauenstein, P.A., Attorney
8900 Belair Road, Baltimore, MD 21236


ESTATE AUCTION
                                         
BAYVIEW - JOSEPH LEE


TWO STORY TOWNHOME
Arranged as 2 Apartments

Sale On Premises
430 GUSRYAN STREET
Off 6300 Eastern Avenue
Baltimore, MD 21224


THURSDAY, OCTOBER 23, 2008
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 and square footage mentioned herein are more or less.

LOCATION & DIRECTIONS:

Bayview is a well regarded east Baltimore neighborhood, within walking distance of Johns Hopkins Bayview Medical Center.  Comprised of tidy two story townhomes with ample on-street parking, Bayview is a desirable homeowner neighborhood, with a very strong demand for rental properties.  Its close proximity to I-95 and nearby public transportation provide easy access to employment centers throughout the greater Baltimore community.

Neighborhood link:
http://www.livebaltimore.com/nb/list/Bayview/



For directions from your location, visit: MapQuest

 

SITE AREA

Rectangular lot 16' x 96'
Zoning R7, single family residential
All public utilities

BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story inside-group enclosed porchfront brick townhome.  According to public tax records, the home was constructed in 1948, contains 1,224 square feet of living area, plus 88 square feet of enclosed porch and 612 square feet of basement space.

First Floor
Enclosed Porch with jalousie glass windows
Living Room - carpeting
Two Bedrooms - hardwood, one with ceiling fan

Second Floor
Living Room - hardwood
Kitchen - vinyl
Bedroom
Full Bath

Basement
Kitchen - vinyl tile
Club Area - bar and vinyl tile
Full Bath - ceramic tile
Utility Room
Laundry Room

Mechanical

Gas forced hot air heat
Central air conditioning
100-ampere housepower
Gas, 30-gallon water heater

 

REAL ESTATE TAXES

Baltimore City Lot 41, Block 6344
2008 Real Property Taxes - $2,318.90

 

TITLE

The property is sold free and clear of all liens.  The property is sold subject to an annual $90 ground rent, payable in equal half-yearly installments on the twenty-first day of May and November in each and every year (maximum ground rent redemption is $1,500).  Deed Liber 8364, folio 170.

 

INSPECTION TIME

The home will be open for inspection at 10:15 a.m. on the day of auction.

 

TERMS OF SALE

A $7,500 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 buyers premium.

Broker participation is invited
BROKER REGISTRATION FORM (pdf)

Auction by order of:
Estate of Viola Sakowski

 

FINANCING

Call for pre-qualification:
Mr. Craig Kessler
Greentree Mortgage Corporation

2 Park Center Court - Suite 200
Owings Mills, Maryland  21117
410-654-3900 direct
410-702-4511 fax
ckessler@loanofficer.com

or

Hamilton Federal Bank
5600 Harford Road
Baltimore, MD 21214-2269
(410) 254-9700 Extension 5