"Highlandtown" Townhouse Development Parcel

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Listing Details

Sold Price
$250,000
Auction Date
Auction Time
11:00 AM
Address
307 S. Eaton Street, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Highlandtown
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Rogers, Moore & Rogers, LLP, Solicitors
6 S. Calvert Street
Baltimore, Maryland 21202

SUBSTITUTE TRUSTEES' SALE
                               
HIGHLANDTOWN

TOWNHOUSE DEVELOPMENT PARCEL
ZONED FOR 17 HOMES

Sale On Premises
307 S. EATON STREET
(Corner Chestle Place -
North of 3800 Bank Street)
Baltimore, MD 21224

WEDNESDAY, MARCH 30, 2011
AT 11:00 A.M.

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


      Under and by virtue of the power of sale contained in a certain Deed of Trust from Nicole Place, LLC to Trustees, dated July 9, 2008, and recorded among the Land Records of Baltimore City, Md., in Liber 10881 folio 535, the holder of the indebtedness secured thereby having appointed William C. Rogers, Jr. and W. Charles Rogers, III, Substitute Trustees, default having occurred thereunder, the undersigned Substitute Trustees will sell at Public Auction the following:


      All that fee simple parcel of ground situate and lying in Baltimore City, and being more fully described in the aforementioned Deed of Trust.


      The property is zoned for seventeen (17) - 16' x 60' townhouse lots with garages.  The property is currently improved by a 1 story brick warehouse building.  The parcel fronts 60' on S. Eaton Street with depths of 285', all more or less.  Public water, sewer, and gas are available. 


      BLOCK PLAT (pdf)


      The information pertaining to the improvements has been obtained from sources deemed reliable, but no warranty is being made either express or implied as to the accuracy of this information.


      TERMS OF SALE:  A deposit by certified check or cashier's check of $50,000 will be required of the purchaser at time and place of sale. Deposit to be increased to 10% of the purchase price within 24 hours at the offices of the Auctioneer. 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  Trustees.  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 Deed of Trust Note  from date of sale to date of settlement.  All adjustments as of date of sale.  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;  and subject to easements, agreements, restrictions or covenants of record affecting same, if any.  Purchaser shall be responsible for obtaining physical possession of the property.  If the  Substitute Trustees are  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 Trustees,  Noteholder, or Auctioneer.  Cost of all documentary stamps and transfer taxes and all other costs incident to settlement to be paid by the purchaser.  Time shall be of the essence for the purchaser.  Risk of loss on the purchaser from date of sale.


No Buyer's Premium


William C. Rogers, Jr.
W. Charles Rogers, III, Substitute  Trustees