"Chinquapin Park - Belvedere" Victorian Home with 2 Apartments & Detached Garage

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Listing Details

Sold Price
$210,000
Auction Date
Auction Time
2:00 PM
Address
500 Nicoll Avenue, Baltimore, MD, 21212
County
Baltimore City
Neighborhood
Chinquapin Park - Belvedere
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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 PUBLIC AUCTION
                                                       
CHINQUAPIN PARK- BELVEDERE

"Near Towson University"

Attractive, Porchfront
VICTORIAN HOME
2 Apartments  Detached Garage

 Sale On Premises
500 NICOLL AVENUE
Corner of 6000 York Road
BALTIMORE, MD  21212


THURSDAY, MAY 1, 2008
AT 2:00 P.M.


        THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE AND BELIEVED TO BE ACCURATE.  HOWEVER, NO EXPRESS OR IMPLIED WARRANTY IS MADE AS TO THE ACCURACY OF THESE REPRESENTATIONS.

LOCATION & DIRECTIONS:

Great location, just north of Northern Parkway at the corner of 6000 York Road and Nicoll Avenue.  The home is located 1.75 miles south of Towson University, 2 miles south of Towson and just north of Baltimore's famous Belvedere Square.  The  Downtown Baltimore business district is 10 minutes to the southwest.  Numerous restaurants and stores are situated within walking distance. Some of the areas finest private schools are within minutes including Gilman School, Friends School, Bryn Mawr School, the Cathedral of Mary Our Queen, Trinity Church, Boys’ Latin School of Maryland, Roland Park Country School, Notre Dame College and Loyola College.  The world famous Senator Theatre is just several blocks to the south.

For more information on the Chinquapin Park-Belvedere neighborhood, visit:
http://www.livebaltimore.com/nb/list/chinqpkblv/

For more information on Belvedere Square, visit:
http://www.belvederesquare.com/



For directions from your location, visit: MapQuest

 

SITE AREA

The lot measures 40'5" along Nicoll Avenue, 39'5" rear lot line, with depth lines of 98'3" (along York Road) and 102'9", more or less

The site is serviced by public water, public sewer and natural gas

BLOCK PLAT (pdf)

 

IMPROVEMENTS

Updated covered porchfront Victorian home contains two apartments and features drywalled interior, updated bathrooms, some hardwood flooring, 2 -gas hot water heating systems, 2 -water heaters, separate gas and electric meters and modern housepower.  The home is arranged as follows:

First Floor - living room, eat-in kitchen with range, bedroom and updated bathroom

Second Floor - living room, eat-in kitchen with range, 2 rooms and updated ceramic tile bathroom

Full basement with laundry area

Detached garage with loft

 

ZONING

R-5 residential with a permitted use as two dwelling units (according to the Baltimore City Office of Planning and Zoning.) 

For additional zoning information, call 410-396-412 or see the: Baltimore City Zoning Code (pdf)

 

REAL ESTATE TAXES

$1,575

 

TITLE

In fee simple; sold free and clear of all liens

 

INSPECTION TIME

1:00 p.m. on the day of the auction

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $10,000 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.  Taxes 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, the existing zoning; subject to the rights of existing tenants, 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.  NO BUYERS PREMIUM!   

NOTE: The Seller intends to perform an IRS §1031 tax deferred exchange. Seller requests Buyer's cooperation in such an exchange and agrees to hold Buyer harmless from any and all claims, liabilities, costs, or delays in time resulting from such an exchange. Buyer agrees to an assignment of the contract of sale by the Seller to Asset Preservation, Inc.

 
Broker participation is invited.
BROKER REGISTRATION FORM (pdf)