Absolute Auction - "McElderry Park" Townhome Near Johns Hopkins Hospital and East Baltimore Biotech Park

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Listing Details

Sold Price
$40,000
Auction Date
Auction Time
11:00 AM
Address
2315 Jefferson Street, Baltimore, Maryland, 21205
County
Baltimore City
Neighborhood
McElderry Park
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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 David H. Cohen, Attorney
Cohen and Forman, P.A.
334 St. Paul Place, Baltimore, MD 21202

 ABSOLUTE
ATTORNEY'S AUCTION
To the Highest Bidder Regardless of Price!
                                   
McELDERRY PARK

Near Johns Hopkins Hospital and
East Baltimore Biotech Park


3 – TOWNHOMES

 Sale On Premises
2315, 2412 & 2417
JEFFERSON STREET

Off 400 N. Montford Avenue
Baltimore, MD 21205


TUESDAY, MAY 13, 2008
AT 11:00 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.

LOCATION & DIRECTIONS:

 Jefferson Street is situated one block north and parallel to Orleans Street (U.S. Route 40).  The properties are in a redeveloping area of East Baltimore, immediately east of Johns Hopkins Hospital Center and the surrounding East Baltimore Biotech Park.  Neighborhood housing is at a premium and extensive renovations and new construction are taking place.  The neighborhood is approximately 1.5 miles east of the Downtown Baltimore Financial District.  Public transportation is within one block.



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

 

SITE AREA

The three properties consist of inside-group homes with rectangular lots as follows:

2315 Jefferson Street - 13'9" x 74'7", more or less    BLOCK PLAT (pdf)
2412 Jefferson Street - 12' x 53'6", more or less      BLOCK PLAT (pdf)
2417 Jefferson Street - 12'4" x 71', more or less      BLOCK PLAT (pdf)

 

IMPROVEMENTS

 Each property consists of a two story inside-group formstone front brick townhome.  Each is believed to contain a living room, dining room, kitchen, 3 bedrooms, bath and basement.

 

ZONING

 Each property is zoned R8, single family residential

 

TITLE

 The properties will be sold free and clear of all liens and are leasehold, subject to the following annual ground rents:

2315 Jefferson Street - $78.00
2412 Jefferson Street - $78.00
2417 Jefferson Street - $37.00

 

TERMS OF SALE

 A $3,000 DEPOSIT ON EACH PROPERTY, 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, including taxes, ground rents, 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 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.  Time is of the essence.


NO BUYER'S PREMIUM.


Broker participation is invited.
BROKER REGISTRATION FORM