ABSOLUTE AUCTION ABOVE $29,000 "Govans - Richnor Springs" Recently Renovated Two Story Townhome

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Listing Details

Sold Price
$41,000
Auction Date
Auction Time
2:00 PM
Address
728 Richwood Avenue, Baltimore, MD, 21212
County
Baltimore City
Neighborhood
Govans, Richnor Springs,
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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 ABSOLUTE AUCTION
To the Highest Bidder above $29,000
                                                
GOVANS - "Richnor Springs"

Recently Renovated
TWO STORY TOWNHOME

Sale On Premises
728 RICHWOOD AVENUE
Off 4400 Wrenwood Avenue
Baltimore, MD 21212

WEDNESDAY, NOVEMBER 10, 2010
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:

728 Richwood Avenue is located in the Richnor Springs area of Govans in north Baltimore, one block north of Cold Spring Lane and two blocks east of York Road.  Loyola and Notre Dame Colleges are one-half mile west of the neighborhood.  Morgan State University is about one mile east.  Public elementary and middle schools are within walking distance, as are public transportation and shopping.  Most neighborhood housing consists of well-maintained two story brick townhomes, which are both owner and tenant occupied.


Neighborhood Link for Richnor Springs:
http://www.livebaltimore.com/neighborhoods/list/richnorsprings

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

 

SITE AREA

Rectangular lot - 14' x 95'

Zoning R-6, residential

All public utilities


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story brick inside-group townhome, constructed circa 1940 and updated in 2010.


Exterior

All brick construction

Concrete front porch

Vinyl double-hung insulated replacement windows

Insulated exterior door

Built-up roof with aluminum rain gutters

Full concrete block basement foundation


Interior

Recently painted

New interior doors

Hardwood and ceramic tile floors

Updated kitchen and bath fixtures


First Floor - open floor plan


Second Floor

  • Bedroom #1 - hardwood floor
    Photos of auction property
     
  • Bedroom #2 - hardwood floor
    Photos of auction property
     
  • Full Ceramic Tile Bath
    Photos of auction property
     
  • Linen Closet


Basement

Unfinished

Outside Exit
Photos of auction property
BASEMENT - PHOTO #1    PHOTO #2


Mechanical

Gas forced air heat

30-gallon gas water heater

100-ampere electrical service

 

REAL ESTATE TAXES

Published 2010 annual real estate taxes are $2,066, based on a full value assessment of $86,826.  Baltimore City may reduce the assessment based on the sales price of the property.

 

TITLE

The property is sold free and clear of liens, subject to an annual $90 ground rent, payable half-yearly on May 8 and November 8.  Deed Liber 12604, folio 201.

 

INSPECTION TIME

From 1:15 p.m. on the day of sale.

 

TERMS OF SALE

A $3,000 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, 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, 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.


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)