Absolute Auction Above $15,000 - "Berea" Two Story Brick, Porchfront Townhome Updated Kitchen, 4 Bedrooms & 2.5 Baths

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Listing Details

Sold Price
$43,000
Auction Date
Auction Time
12:10 PM
Address
2817 E. Federal Street, Baltimore, MD, 21213
County
Baltimore City
Neighborhood
Berea
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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★ ABSOLUTE AUCTION ★
To The Highest Bidder Above $15,000
             
BEREA

Two Story, Brick
PORCHFRONT TOWNHOME
Updated Kitchen ◆ 4 Bedrooms ◆ 2.5 Baths

Sale On Premises
2817 E. FEDERAL STREET
Off 1521 N. Kenwood Avenue
Baltimore, MD 21213

TUESDAY, AUGUST 6, 2013
AT 12:10 P.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 and square footage contained herein are more or less.

LOCATION & DIRECTIONS:

The property is in a predominantly homeowner area in the Berea section of Baltimore City.  Downtown Baltimore is about 10-15 minutes to the southwest. Clifton Park is located just several bocks to the northwest.

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

 

SITE AREA

Rectangularly shaped parcel fronting 19', with depth lines of 94', more or less


Serviced by public water, public sewer and natural gas


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Brick two story townhome, features a covered front porch, vinyl double glazed windows, hardwood floors, gas hot water heat and is arranged as follows:


First Floor

  • Living Room
  • Den
  • Bedroom
  • Powder Room


Second Floor

  • 3 Bedrooms
  • Newly Renovated Hall Bathroom with whirlpool tub


Full Basement

  • Modern Kitchen with dining area, oak cabinetry, 4-burner gas range/oven, laundry area
  • Knotty Pine Den
  • Full Bathroom

 

ZONING

R-6, single family residential

 

REAL ESTATE TAXES

Published 2013-2014 annual real estate taxes are $2,273, based on a full value assessment of $95,500.  Purchasers 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 $90 ground rent, payable in semi-annual installments on the 1st day of January and July  in each and every year.  The property is being sold free and clear of all liens.

 

INSPECTION TIME

11:45 a.m. on the day of the auction only

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $2,500 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.  Taxes, ground rent 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 attorney for 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, except where otherwise mandated by local, State or Federal law.  Time is of the essence.        


No buyer's premium.

 

FINANCING

Call for pre-qualification and financing options:

Mr. Craig Kessler
Freedmont Mortgage Funding

50 Scott Adam Road
Hunt Valley, Maryland  21030
410-654-3900 direct
410-702-4511 fax
ckessler@freedmont.com


For a list of additional auction-oriented lenders, see our Financing Page.

For all other information please call 410-296-8440
OR EMAIL info@ajbillig.com