ABSOLUTE AUCTION OVER $7,500 "Franklintown Road" 2 - Two Story Porchfront Townhomes

14184_rayner3028_front.jpg

Listing Details

Sold Price
$15,200
Auction Date
Auction Time
11:00 AM
Address
3027 & 3028 Rayner Avenue, Baltimore, MD, 21216
County
Baltimore City
Neighborhood
Franklintown Road
Scroll down for Complete Details, including: property description and Terms of Sale.

Benfred B. Alston, Attorney
2518 Maryland Avenue
Baltimore, Maryland 21218

ESTATE SALE AT PUBLIC AUCTION
Properties Are Sold To Highest Bidders As Noted

 5 - BALTIMORE CITY
INVESTMENT TOWNHOMES


Sales On Respective Premises
TUESDAY, JULY 20, 2010
At The Following Times:

AT 11:00 A.M.
3027 & 3028 RAYNER AVENUE
"Franklintown Road" - 21216

 
        Absolute to the highest bidder over $7,500 for each property, off 800 N. Longwood Street - Each property is improved by a two story porchfront brick townhome containing a living room, dining room and kitchen, on the first floor; 3 bedrooms and bath, on the second floor; full basement. 3027 Rayner Avenue has a lot size of 15'4" x 86'2", m/l, subject to an annual $75 ground rent and 3028 Rayner Avenue has a lot size of 31'9" x 78', m/l and is in fee simple. Both properties are in need of renovation.

        BLOCK PLAT - 3027 (pdf)

        BLOCK PLAT - 3028 (pdf)

Photos of auction property
3027 RAYNER AVE.    3028 RAYNER AVE.

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


 

TERMS OF SALE

A $2,500 deposit for each property, payable by certified 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 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.  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 properties 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 existing housing violation notices (if any), easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes risk of loss from the date of sale forward. 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)