"Upper Park Heights - Cross Country" 0.29 Acre Residential Lot *Sales Price Includes 5% Buyer's Premium

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Listing Details

Sold Price
$45,150
Auction Date
Auction Time
2:00 PM
Address
3405 Clarks Lane, Baltimore, MD, 21215
County
Baltimore City
Neighborhood
Upper Park Heights, Cross Country
Scroll down for Complete Details, including: property description and Terms of Sale.

REAL ESTATE AUCTION
                                       
UPPER PARK HEIGHTS
"Cross Country"

2 - RESIDENTIAL LOTS
- Subdivision Potential -

Sale On Premises
3405 & 3409 CLARKS LANE
Between Cross Country Boulevard
and Park Heights Avenue
Baltimore, MD 21215

THURSDAY, AUGUST 11, 2011
AT 2:00 P.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, square footage and acreage contained herein are more or less.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.

LOCATION & DIRECTIONS:

3405 and 3409 Clarks Lane are situated in the Cross County neighborhood of northwest Baltimore, just south of the 6500 block of Cross County Boulevard.  Located within a well-established neighborhood, the lots are within walking distance of public transportation, schools and religious facilities.

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

 

SITE AREA

The lots are surrounded by a large existing home known as 3407 Clarks Lane.  3405, 3407 and 3409 Clarks Lane are part of a subdivision known as "Clarks Ridge," which includes the lots and an access parcel owned by a homeowners association (HOA).  The monthly HOA fee is $57.86 per lot, which is currently suspended.


3405 Clarks Lane - fronts 106' along the west side of Clarks Lane and comprises 12,553 square feet or 0.29 acre


3409 Clarks Lane - comprises 33,286 square feet or 0.76 acre, with access from Clarks Lane through a strip owned by the Clarks Ridge HOA.  The lot may be subdividable. 


Public water, sanitary sewer, gas, electricity, telephone and cable television are believed to be available to the property.


Both lots are located in an R-1, residential zoning district, allowing for a minimum lot size of 7,300 square feet, and setbacks as follows - 30' front, 10' side, 20' street side and 30' rear.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.


Development Plans:
Note: each file may take a moment to download.

FINAL SUBDIVISION PLAN (pdf)

SITE PLAN (pdf)

FINAL DEVELOPMENT PLAN (pdf)

SITE GRADING PLAN (pdf)

LANDSCAPE PLAN (pdf)

 

TITLE

The lots will be sold free and clear of liens, subject to the Declaration and Bylaws of the Clarks Ridge Homeowners Association.  Deed Liber 6971, page 46. 

HOA DOCUMENT (pdf)


The buyer may select the title company of their choice. Previous title work has been done by WorldWide Title Group, LLC, who may be able to offer discounted rates. Please contact Mark Gheiler, Esquire mark@worldwidetitlegroup.com, telephone 410-484-9001, 6 Reservoir Circle, Suite 203, Baltimore, MD 21208.

 

MANNER OF SALE

Each lot will be offered individually and the bid reserved.  Then both lots will be offered as an entirety and sold in the manner producing the greater amount.

 

TERMS OF SALE

A $5,000 deposit on each lot or $10,000 if sold together, 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, homeowners association fees, 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 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 and waive any right of rescission under the Maryland Homeowners Association Act. 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.  A 5% buyers premium will be added to the final bid price.


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)

 

FINANCING

Call for pre-qualification and financing options:

Mr. Craig Kessler
Freedmont Mortgage Funding

50 Scott Adam Road
Hunt Valley, Maryland  21030
410-654-3900 direct
410-702-4511 fax
craig@greatloanofficer.com

For all other information please call 410-296-8440
OR EMAIL info@ajbillig.com