ABSOLUTE AUCTION "Patterson Park - Highlandtown" Two Story Townhome

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Listing Details

Sold Price
$95,000
Auction Date
Auction Time
11:00 AM
Address
7 N. Kenwood Avenue, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Patterson Park - Highlandtown
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Rob Goldman Legal Solutions, Attorneys
6800-B Holabird Avenue, Baltimore, MD 21222

 ABSOLUTE
ESTATE AUCTION

To the Highest Bidder - Regardless of Price!
                                     
PATTERSON PARK

     HIGHLANDTOWN    
National Historic District

TWO STORY TOWNHOME
- Renovation Needed -

Sale On Premises
7 N. KENWOOD AVENUE
Off 2800 E. Baltimore Street
½ Block North of Patterson Park
Baltimore, MD 21224


FRIDAY, NOVEMBER 7, 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 contained herein are more or less.

LOCATION & DIRECTIONS:

7 N. Kenwood Avenue is located in the "Baltimore-Linwood" neighborhood of east Baltimore, one-half block north of Patterson Park.  The neighborhood is designated as Patterson Park/Highlandtown by the National Register of Historic Places.  Neighborhood housing is predominantly comprised of brick nineteenth and twentieth century townhomes, many of which have been renovated.

For a neighborhood description, visit:
http://www.livebaltimore.com/nb/list/pattpk



For directions from your location, visit: MapQuest

 

SITE AREA

Rectangular lot - 14' x 75'
Zoning R8, residential
All public utilities
Fenced, rear concrete courtyard

BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story brick inside-group townhome.  According to public tax records, the home was constructed in 1920 and contains 1,368 square feet of living area and 696 square feet of basement space.  The home has been owned by the same family since 1951 and retains original moldings and trim, wood floors and plaster walls.  The first floor contains a living room, dining room and kitchen; 3 bedrooms and bath, on the second floor; full unfinished basement with full bath, laundry area and outside exit;  gas forced hot air heat; gas, 40-gallon water heater; 100-ampere electrical service.  The home needs updating, painting and cosmetic repairs.

 

REAL ESTATE TAXES

2009 real estate taxes - $2,328.02

 

TITLE

In fee simple.  Deed Liber 8602, folio 409.  The home is sold free and clear of all liens.

 

TERMS OF SALE

A $5,000 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, 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 BUYER'S PREMIUM.

Robin M. Goldman, Personal Representative
of the Estate of Bernice N. Hoffman

Broker participation is invited.
BROKER REGISTRATION FORM (pdf)

 

FINANCING

Call for pre-qualification:

Mr. Craig Kessler
Jacob Dean Mortgage
410-654-3900 (Office)
410-409-7600 (Cell)
ckessler@loanofficer.com

or

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