Absolute Above $5,000 "Northwest Baltimore - Parklane" Townhome

15412_oakford3018_front2.jpg

Listing Details

Sold Price
$9,000
Auction Date
Auction Time
11:30 AM
Address
3018 Oakford Avenue, Baltimore, MD, 21215
County
Baltimore City
Neighborhood
Northwest Baltimore, Parklane
Scroll down for Complete Details, including: property description and Terms of Sale.

ABSOLUTE AUCTION
To The Highest Bidder Above $5,000

 

NORTHWEST BALTIMORE
Parklane Neighborhood

 

TOWNHOME

Sale On Premises
3018 OAKFORD AVENUE
Off 4400 Pimlico Road
Baltimore, MD 21215

WEDNESDAY, FEBRUARY 13, 2013
AT 11:30 A.M.


NOTE:  The information contained herein has been obtained from sources deemed reliable and is believed to be accurate.  However, no express or implied warranty is made or may be inferred from any such representation.  Dimensions, square footage and acreage contained herein are more or less.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.

LOCATION & DIRECTIONS:

3018 Oakford Avenue is located in the Parklane neighborhood in northwest Baltimore City. Oakford Avenue is one block north of W. Cold Spring Lane, offering good access to I-83 (Jones Falls Expressway). Shopping and public transportation are very close-by. Neighborhood homes are almost exclusively two story townhomes.


For more information about Baltimore City Neighborhoods, please visit:
http://www.livebaltimore.com/neighborhoods/list/

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

 

SITE AREA

The lot fronts 14' on Oakford Avenue, with depths of 100'

Zoning R6, residential

All public utilities


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story brick covered porchfront townhome contains 6 rooms (3 bedrooms), bath and basement.

 

REAL ESTATE TAXES

Published annual real estate taxes for 2012-2013 were $357. The purchaser may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property.  Purchasers are encouraged to contact SDAT concerning the appeals process, and may see the following link for helpful information:
http://www.dat.state.md.us/sdatweb/appeal.html

 

TITLE

Subject to an annual $75 ground rent, due semi-annually on 3/1 & 9/1. Sold free and clear of all liens. Baltimore City Deed Liber FMC 5598, folio 101.

 

INSPECTION TIME

The property will be available for inspection from 11:00 a.m. on the day of sale only.  No prior inspection is scheduled.

 

TERMS OF SALE

A $2,500 deposit, payable by certified check 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 Auctioneer's office.  Balance to be paid in cash within 45 days.  If payment of the balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the 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 as of date of sale. The property will be sold in "AS IS" condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any.  Purchaser assumes the risk of loss from the date of sale forward.  The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law.   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 Auctioneers.  Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law.  Time is of the essence.


No buyer's premium.

 

FINANCING

See our Financing Page for a list of auction-oriented lenders.