ABSOLUTE ESTATE AUCTION "Towson - The Ridgely" Updated Condominium Unit

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Listing Details

Sold Price
$167,500
Auction Date
Auction Time
11:00 AM
Address
#208 - 205 E. Joppa Road, Baltimore County, MD, 21286
County
Baltimore County
Neighborhood
Towson
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

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ABSOLUTE - ESTATE AUCTION
                 
TOWSON

Across The Street From Towson Town Center
 

 

"The Ridgely"
Updated, 2 Bedroom/2 Bath

CONDOMINIUM UNIT
2 -Deeded Garage Spaces  Swimming Pool

Sale On Premises
#208 - 205 E. JOPPA ROAD
Baltimore County, MD 21286

WEDNESDAY, MAY 13, 2009
AT 11:00 A.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 contained herein are more or less.

LOCATION & DIRECTIONS:

Prime location in Towson, across the street from Baltimore County's premier shopping mall, Towson Town Center and just one block east of Towson Commons and York Road.  Numerous shops, restaurants, bars and night spots are within walking distance.  Public transportation is available along Joppa Road and York Road.  Within one mile are Towson University and Goucher College.  I-695 is situated one-half mile to the north and can be accessed by Dulaney Valley Road (Exit 27), York Road (Exit 26) and Providence Road (Exit 28).  The Towson County offices and court houses are located just 3 blocks to the west.

For more information on Towson, visit:
http://en.wikipedia.org/wiki/Towson,_Maryland

For more on Towson Town Center, visit:
http://www.towsontowncenter.com/html/index7.asp

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

 

CONDOMINIUM AMENITIES:

Modern high-rise condominium building currently undergoing a $2 million dollar renovation.

  • Beautiful renovated lobby area with 24/7 reception desk, attractive setting area with a fireplace
    Photos of auction property
    RECEPTION AREA     SITTING AREA     FIREPLACE
     
  • Outdoor Swimming Pool with sun deck

     
  • Direct Access Garage
     
  • Community Room
     
  • On-site Salon

 

IMPROVEMENTS

Updated second floor unit comprising 1,402 square feet more or less.  The unit features newly installed heating and air conditioning system, modern kitchen and bathrooms, balcony and more.  Note: All utilities are included in the condominium fee.

FLOOR PLAN (pdf)

The unit contains:

Foyer - parquet floor and guest closet

Living Room (24' x 14') - wall-to-wall carpeting


Dining Room (15' x 11'8") - walk-out to a covered balcony (14' x 6'), wall-to-wall carpeting


Modern Kitchen (10' x 12') - remodeled 2 years ago with attractive wood cabinetry with under cabinet lighting, Whirlpool dishwasher, Frigidaire gas range/oven, refrigerator with ice maker, GE Spacemaker microwave oven, ceramic sink with Performa disposal, pantry closet, no-wax floor
Photos of auction property
KITCHEN PHOTO #1     PHOTO #2

Master Bedroom (15' x 13') - walk-in closet, wall-to-wall carpeting


Modern Master Bathroom - recently updated with ceramic tile flooring, oak vanity, oversized shower stall with glass enclosure

Additional Bedroom (13' x 12'6") - walk-in closet, wall-to-wall carpeting


Modern Hall Bathroom - recently updated with ceramic tile flooring, French antique style vanity, whirlpool tub


Laundry closet - Kenmore washer and dryer, linen closet


Garage Parking Spaces:  G-210 and G211

 

REAL ESTATE TAXES

Unit 208 - $2,719
Parking Space G-210 - $24
Parking Space G-211 - $24

 

CONDOMINIUM or HOMEOWNER ASSOC

$466.00 per month (includes electricity, water, use and access to all common areas)

 

TITLE

In fee simple; sold free and clear of all liens

 

INSPECTION TIME

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

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $15,000 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, condominium fees 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. Condominium documents are available for inspection at the office of the Auctioneers.  The purchaser waives their right of rescission as provided by Maryland Law.  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, The Ridgely condominium association by-laws, 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)

 

FINANCING

Call for pre-qualification:

Mr. Craig Kessler
Greentree Mortgage Corporation

2 Park Center Court - Suite 200
Owings Mills, Maryland  21117
410-654-3900 direct
410-702-4511 fax
ckessler@loanofficer.com

or

Jeffrey Roes
Charles Schwab & Co., Inc./Charles Schwab Bank

Vice President - Financial Consultant
1853 William Penn Way #12
Lancaster, Pa 17601
Toll free: 888-218-9741
Local: 717-394-3515
Fax: 717-392-4265