ABSOLUTE AUCTION ABOVE $50,000 "Forest Park" Waterview Two Story Dutch Colonial 2 Apartments & Garage

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Listing Details

Sold Price
$58,000
Auction Date
Auction Time
2:00 PM
Address
3303 Fairview Avenue, Baltimore, MD, 21216
County
Baltimore City
Neighborhood
Forest Park
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Evelyn O. A. Darden, Attorney
Law Offices of Addison-Darden, P.C.
10440 Little Patuxent Parkway
Columbia, MD  21044

James J. Fabian, Attorney
326 St. Paul Place - Suite 100
Baltimore, MD  21202

 

ABSOLUTE AUCTION
To Highest Bidder Above $50,000!
                           
FOREST PARK


Waterview, 2 Story
DUTCH COLONIAL

2 Apartments  Garage

Sale On Premises
3303 FAIRVIEW AVENUE
Off 3100 N. Hilton Street
Baltimore, MD 21216

THURSDAY, JULY 29, 2010
AT 2:00 P.M.


        NOTE:  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.  All dimensions and acreage contained herein are more or less. 


GENERAL INFORMATION

LOCATION & DIRECTIONS:

The home is perched on a hill with views of Baltimore’s famous Lake Ashburton in the Forest Park neighborhood which borders the Hanlon neighborhood.  The area surrounding the lake, known as Hanlon Park, features playgrounds, walking paths and picnic areas.  This is a beautiful predominantly homeowner area where pride in home ownership is evident. The neighborhood is within walking distance of the MTA bus line and the Metro Subway Station.  Downtown Baltimore is just ten minutes to the southeast.


For more information on the Forest Park neighborhood, visit:
http://www.livebaltimore.com/neighborhoods/list/forestpark


For more information on the Hanlon neighborhood, visit:
http://www.livebaltimore.com/neighborhoods/list/hanlon

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

 

SITE AREA

Rectangular lot fronting 54' on Fairview Avenue with depths of 150', more or less

Public water, public sewer and natural gas

Detached 2 car garage (in rear)


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story Dutch colonial multi-family home in need of some repairs and updating.  The home has two gas fired steam boiler furnaces heating system, and is arranged as follows:


First Floor Apartment

  • Living Room with a manteled gas fireplace
     
  • Dining Room
     
  • Kitchen with a pantry
     
  • Breakfast Room with built-in corner cabinets
     
  • Enclosed Sun Room
     
  • 2 - Bedrooms
     
  • Bathroom (separate powder room and shower room)


Second Floor Apartment

  • Living Room with a manteled gas fireplace
     
  • Dining Room
     
  • Kitchen with a pantry
     
  • Breakfast Room with built-in corner cabinets
     
  • Enclosed Sun Room
     
  • 2 - Bedrooms
  • Bathroom


Basement

 

ZONING

R-2, last permitted use as 2 apartments

 

REAL ESTATE TAXES

$3,752 (Full value 2010 tax assessment of $176,810)

 

TITLE

In fee simple; sold free and clear of all liens

 

INSPECTION TIME

By appointment only or 1:00 p.m. on the day of the auction.

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $5,000 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 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.  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. 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 the existing zoning;  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