ABSOLUTE AUCTION ABOVE $20,000 "Highlandtown Area" Two Story Townhome

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Listing Details

Sold Price
$26,000
Auction Date
Auction Time
12:50 PM
Address
11 S. Janney Street, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Highlandtown
Scroll down for Complete Details, including: property description and Terms of Sale.

ABSOLUTE REAL ESTATE AUCTION
To The Highest Bidder Over $20,000

 

HIGHLANDTOWN AREA
East Baltimore City

 

- Two Story Townhome -

Sale on Premises
11 S. JANNEY STREET
Off 4300 E. Lombard Street
Baltimore City, Maryland 21224

THURSDAY, AUGUST 5, 2010
AT 12:50 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.  DIMENSIONS AND SQUARE FOOTAGE CONTAINED HEREIN ARE MORE OR LESS.

LOCATION & DIRECTIONS:

The property is located East Baltimore City in the Kresson neighborhood, adjacent to Highlandtown, Greektown and Bayview. The area is a mix of residential and commercial uses, with most housing consisting of attached homes occupied by a mix of home-owners and renters. Downtown employment centers are close-by, including Johns Hopkins Bayview, Canton and Holabird Industrial Areas. Exits for I-95 and I-895 are very close.

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

 

SITE AREA

Rectangular lot fronting 12' on Janney Street, with depths of 104', comprising 1,248 square feet, more or less.


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story brick inside-group formstone front townhome contains 912 square feet of living area above grade, and 456 square feet of basement space, according to public tax records. The property is believed to be arranged as follows: living room, dining room and kitchen, on the first floor; three bedrooms and bath, on the second floor; unfinished basement. Fenced rear yard.

 

ZONING

M-3, Industrial.

 

TITLE

In fee simple; sold free and clear of all liens.

 

INSPECTION TIME

One-half hour prior to sale.

 

TERMS OF SALE

Deposit of $2,500, payable by certified or cashier's check, 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.  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, 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 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!


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)

 

FINANCING

Call for pre-qualification:

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