Absolute Auction Above $25,000 "Harwood - Near Charles Village" Totally Renovated Two Story Cottage

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Listing Details

Sold Price
$28,000
Auction Date
Auction Time
3:00 PM
Address
418 E. 26th Street, Baltimore, MD, 21218
County
Baltimore City
Neighborhood
Harwood
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 $25,000
                                                       
HARWOOD - Near Charles Village


Totally Renovated
TWO STORY COTTAGE
You must see it to believe it!

Sale On Premises
418 E. 26TH STREET
Off 2700 Barclay Street, Baltimore, MD 21218

WEDNESDAY, OCTOBER 27, 2010
AT 3:00 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, 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:

The property is located just east of Charles Village in central Baltimore City, within walking distance of public transportation and shopping.  The surrounding neighborhood is comprised of a mixture of housing types in styles, in varying condition.  Gentrification is taking place.

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

 

SITE AREA

Gently sloping lot - 25' x 63'9"

Room for parking pad

Brick sidewalk

All public utilities

Zoning R-7, residential


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story vinyl siding cottage - according to public tax records, the home was constructed in 1900 and contains 1,500 square feet of living area and 750 square feet of basement space


Exterior

Vinyl siding

Double-hung replacement windows

Composition shingle roof

Concrete block basement foundation

Rear fenced courtyard and wooden sun deck


First Floor

  • Living Room - carpeting, brick fireplace

     
  • Dining Room - carpeting, ceiling fan
     
  • Kitchen - ceramic tile floor, oak cabinets, laminate counters, track lighting, range/oven, dishwasher, refrigerator, stainless steel sink

     
  • Half-Bath - vinyl floor
     
  • Laundry Room


Second Floor

  • Bedroom #1 - carpeting

     
  • Bedroom #2 - carpeting

     
  • Bedroom #3 - carpeting
     
  • Full Bathroom - fiberglass tub, vinyl floor


First and second floor walls and ceilings are drywall.


Basement

Unfinished


Mechanical

Electric baseboard heat

50-gallon, electric water heater

100-ampere electrical service

Wired for CATV and telephone

 

REAL ESTATE TAXES

Annual real estate taxes for 2010 are $1,230.94.

 

TITLE

The property is sold free and clear of liens, subject to an annual $45 ground rent, due semi-annually on April 15 and October 15.  Deed Liber 11834, Folio 116.

 

INSPECTION TIME

From 2:30 p.m. on the day of sale.

 

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, 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 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 buyers premium.


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)

 

FINANCING

Call for pre-qualification:

Mr. Craig Kessler
Freedmont Mortgage Funding

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