ABSOLUTE AUCTION ABOVE $75,000 "Westgate - Ten Hills Area" - Updated Brick Detached Home with Garage

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Listing Details

Sold Price
$123,000
Auction Date
Auction Time
11:00 AM
Address
5018 Edmondson Avenue, Baltimore, MD, 21229
County
Baltimore City
Neighborhood
Westgate - Ten Hills Area
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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ABSOLUTE REAL ESTATE AUCTION
To The Highest Bidder over $75,000

 

WESTGATE - TEN HILLS AREA

 

Brick Traditional, Single-Family Home
3 Bedrooms  1.5 Baths  Detached Garage

Sale on Premises
5018 EDMONDSON AVENUE
Corner of Drury Lane
Baltimore City, Maryland 21229

THURSDAY, JUNE 17, 2010
AT 11:00 A.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 HERE ARE MORE OR LESS.

LOCATION & DIRECTIONS:

The property is situated in West Baltimore, in the Westgate Neighborhood, directly adjacent to Ten Hills. Properties are predominantly owner occupied with some rentals. Area homes are a mix of well-maintained semi-detached, detached and large estate homes. The location is among the most demanded in Baltimore City as a result of strong proximity to U.S. 40, the Baltimore Beltway (I-695), I-70 and I-95.


Westgate Neighborhood Description:
http://www.livebaltimore.com/neighborhoods/list/westgate/


Ten Hills Neighborhood Description:
http://www.livebaltimore.com/neighborhoods/list/tenhills/

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

 

SITE AREA

Landscaped, rectangular lot fronts 46' along Edmondson Avenue, with depths of 137', comprising 6,302 square feet.


Detached one-car garage.


Concrete 1-2 car parking pad.


Public utilities are in the property.


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Updated two story brick covered porchfront detached home features an updated kitchen, vinyl replacement windows, hardwood floors, wood burning fireplace and mantle. The property contains approximately 1,400 square feet above grade, with a finished club basement, and is arranged as follows: living room, dining room and kitchen (updated appliances and cabinets), on the first floor; three bedrooms and full ceramic tile bath, on the second floor; paneled club basement with additional half-bath. Gas hot-water heat and central air conditioning.


Photos of auction property
LIVING ROOM    CLUB BASEMENT    BEDROOM    BATH

 

ZONING

R-5, residential.

 

REAL ESTATE TAXES

Published 2009-2010 real estate taxes were $4,410 based on a full value assessment of $211,602.

 

TITLE

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

 

INSPECTION TIME

One-hour prior to sale and by appointment.

 

TERMS OF SALE

 Deposit of $7,500, 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.  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 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) 


Click Here for the Auction Details for more properties:
ABSOLUTE AUCTIONS - THURSDAY, JUNE 17, 2010
 

 

FINANCING

Call for pre-qualification:

Mr. Craig Kessler
Equity Mortgage

2 Park Center Court - Suite 200
Owings Mills, Maryland  21117
410-654-3900 direct
410-581-5814 fax
ckessler@equitymortgagelending.com