ABSOLUTE AUCTION ABOVE $99,000 "Mount Royal Terrace Historic District" Large Victorian Townhome

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Listing Details

Sold Price
$150,000
Auction Date
Auction Time
11:00 AM
Address
601 Lennox Street, Baltimore, MD, 21217
County
Baltimore City
Neighborhood
Mount Royal Terrace, Reservoir Hill
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 $99,000
(Purchased in September 2006 for $407,000)
                                             
MOUNT ROYAL TERRACE
      HISTORIC DISTRICT      


LARGE VICTORIAN TOWNHOME
Many Original Architectural Details
4-5 Bedrooms - 2.5 Baths - Garage

Sale on Premises
601 LENNOX STREET
Off 2000 Mt. Royal Terrace
Baltimore City, Maryland 21217

TUESDAY, OCTOBER 6, 2009
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:

Mount Royal Terrace is a small, architecturally significant section of Reservoir Hill, and a historically prominent Baltimore City neighborhood. The area is characterized by unique building styles, large homes, well landscaped parks, sculpture gardens, and great access to the city center. Proximity to the Maryland Institute College of Art (MICA), the University of Baltimore, Druid Hill Park and many of the entertainment hubs of the city, has made Mount Royal Terrace a target for sustained historical preservation and home-ownership.

Photos of auction property
STREET SCENE #1    STREET SCENE #2    PARK    SCULPTURE


For more information on Mount Royal Terrace and Reservoir Hill, please visit:
http://www.ci.baltimore.md.us/government/historic/districtsNEW/mtroyal.php
and
http://www.reservoirhill.net/

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

 

SITE AREA

Irregularly shaped lot comprising approximately 1,900 square feet. The property fronts 17'3" along Lennox Street, with a depth of 100', and a rear lot line of 31'7". The rear of the property is bounded by a 12' alley, and the side of the property is bounded by a 15' alley offering access to the detached garage.

BLOCK PLAT (pdf)

Detached garage with electric opener.

Enclosed rear patio with fountain and decorative pond.

 

IMPROVEMENTS

The home comprises a Victorian-era, brick, end-of group townhome comprising over 2,500 square feet of living area above grade, and a partially finished basement at grade. The property features large original wooden double entry doors, marble entry foyer, stained glass, refinished original hardwood floors, 10' hardwood pocket doors, 14' ceilings, both marble and wood fireplace mantles, large oriel, original wood balustrade and railings, replacement windows, modern forced air heating and cooling system, updated plumbing, alarm system and more.
Photos of auction property
ORIEL    RAILING


The property is arranged as follows:


Basement: at grade in the rear

- Kitchen: ceramic tile island, refrigerator, dishwasher and gas range

- Laundry closet

- Unfinished storage and utility room


First Floor:

- Entry foyer: marble floor and wainscot, two sets of wooden double doors with original hardware and some stained glass
Photos of auction property
EXTERIOR DOORS    INTERIOR DOORS


- Hallway: refinished hardwood floors

- Living room: refinished hardwood floors, 10' wood pocket doors, carved wood and marble mantle, wood shutters, tapered plaster walls and classic light fixture
Photos of auction property
LIVING ROOM PHOTO #1    PHOTO #2    FIREPLACE


- Dining room: refinished hardwood floors, 10' pocket doors, marble mantle, wood-burning fireplace, wood shutters, chair rail molding and classic light fixture
Photos of auction property
DINING ROOM    CHANDELIER


- Half-bath


Second Floor:

- Master bedroom: hardwood floors and marble mantle
Photos of auction property
BEDROOM PHOTO #1    PHOTO #2


- Master bath with ceramic tile and Jacuzzi tub

- Summer bedroom or dressing room: hardwood floors

- Bedroom or den: hardwood floors, marble mantle


Third Floor:

- Two bedrooms: hardwood floors

- Bonus room or bedroom: hardwood floors

- Hall-bath

 

ZONING

R-9, residential

 

REAL ESTATE TAXES

Published real estate taxes for the 2008 tax year were $6,469, based on a full value assessment of $339,102.

 

TITLE

In fee simple; sold free and clear of all liens

 

INSPECTION TIME

By appointment and 10:00 a.m. on the day of the auction

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $10,000 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)