ABSOLUTE AUCTION ABOVE $35,000 "Grove Park" Two Story Colonial Home

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Listing Details

Sold Price
$59,000
Auction Date
Auction Time
10:30 AM
Address
5509 Haddon Avenue, Baltimore, MD, 21207
County
Baltimore City
Neighborhood
Grove Park
Scroll down for Complete Details, including: property description and Terms of Sale.

 ABSOLUTE
ESTATE SALES, TRUSTEE'S SALE, ET AL.
- To the Highest Bidders As Noted Below -
                                                                                
6 BALTIMORE CITY PROPERTIES
          Investor & Home-Buyer Opportunities           

Sales on Premises
TUESDAY, OCTOBER 11, 2011
At the Following Times:

AT 10:30 A.M.
5509 HADDON AVENUE
"Grove Park" - 21207

 
        Trustee's Sale - Absolute Auction Above $35,000 - Off 3700 N. Rogers Avenue - Two story stucco and shingle colonial home contains 2,100 square feet of living area, according to public tax records, and features a detached frame garage and 2-3 car driveway. Lot size: 90' x 120', more or less. In fee simple. Needs renovation.

        Additional information as provided by the seller - 5509 Haddon is a large and well built 4 bedroom, 2 full bath two story single family dwelling built in 1925. The master bedroom is 25'x12' with 15' high vaulted ceiling, built in closet and an attached 14'x9' dressing room/hallway. Other bedrooms are 14'x14', 11'x11' and 11'x8'. All bedrooms have built in cedar closets. The first floor has a huge 20'x10' office with built in closet, a full bath, a 25'x11' family room, 16'x17' living room with stone fireplace, The kitchen area has been extended to 25'x12' and the laundry room is 7'x6'. The basement is fully finished with half bath. The property includes a multi car parking pad and driveway, a detached 2 car garage with separate driveway and a party patio in the back yard. The home has a 5 year old roof and exterior paint. It is perfect for a full rehabilition into a large home or apartments. It will require significant work to HVAC, plumbing and electrical systems. The original kitchen was demolished to enlarge the area. Upstairs bathroom was demolished. Downstairs bathroom is not functional. This property is sold AS IS.

        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.

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TERMS OF SALE

A $2,500 deposit, for each property, and $3,500 for 5509 Haddon Avenue, 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.  All properties except 1802 McCulloh Street: Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement. 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. 1802 McCulloh Street: All adjustments as of date of settlement. All properties 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. 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 BUYERS PREMIUM!


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)

 

FINANCING:

See our Financing Page for a list of auction-oriented lenders.