Absolute Auction Above $25,000 "Pikesville" Condominium Unit with 2 Bedrooms, 2 Baths and Central Air

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Listing Details

Sold Price
$41,000
Auction Date
Auction Time
2:00 PM
Address
Unit 322 - 130 Slade Avenue, Baltimore County, MD, 21208
County
Baltimore County
Neighborhood
Pikesville
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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 Geoffrey L. Forman, Attorney
Cohen & Forman, LLC
334 St. Paul Place, 21202

ABSOLUTE AUCTION
To Highest Bidder Above $25,000!

 

"Pikesville"
CONDOMINIUM UNIT
2 Bedrooms/2 Baths  Central Air

 

 Seller Financing Available

Sale On Premises
UNIT 322 - 130 SLADE AVENUE
"130 Slade Avenue Condominium"
Baltimore County, MD 21208

WEDNESDAY, MARCH 23, 2011
AT 2:00 P.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:

The 130 Slade Avenue Condominium building is located in Pikesville, just south of 500 Reisterstown Road.  The "Milford" MTA subway station is located just one block to the west.  Public transportation is available along Slade Avenue, Milford Mill Road and Reisterstown Road.  Abundant shopping and restaurants are just minutes away in Pikesville and along Reisterstown Road.  Highway access to I-695 (Exit 20) is just several miles to the west.

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


The building is currently undergoing an extensive renovation project.  The interior has been refurbished and work is currently underway on the exterior.


For census information on Pikesville, visit:
http://www.city-data.com/city/Pikesville-Maryland.html

 

CONDOMINIUM AMENITIES:
  • Covered portico entry
  • Attractive lobby
  • 24/7 Doorman
  • Security entry
  • Community swimming pool
  • A hair salon is on the premises - The Royal Illusion Hair Gallery

 

IMPROVEMENTS

Photos of auction property
LIVING ROOM    DINING ROOM    KITCHEN    BEDROOM    HALL BATH


Desirable third floor unit arranged as follows:

  • Entry foyer with guest closet
     
  • Living room with walk-out to a covered patio
     
  • Dining room
     
  • Updated Kitchen with newly installed GE 4-burner gas oven/range, dishwasher, refrigerator/freezer, disposal, one of the few units with a space for a stacking washer/dryer
     
  • Master Bedroom with walk-in closet
     
  • Private Master Bathroom with shower stall
     
  • Additional bedroom
     
  • Full hall bathroom with ceramic tile flooring and wainscot


Heatpump


Central air conditioning

 

REAL ESTATE TAXES

 $1,589.43 per year

 

CONDOMINIUM or HOMEOWNER ASSOC

$388.34 per month - includes common area and building maintenance, elevators, meeting room, outdoor swimming pool, building services including lawn maintenance, 24/7 doorman, custodial services, snow removal and master insurance policy.  Note: There is a current building assessment of $213.68 per month through August of 2011 for the current building renovation.

 

TITLE

 In fee simple; sold free and clear of all liens

 

INSPECTION TIME

1:00 p.m. on the day of the auction only

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $5,000 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 "130 Slade Avenue 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!

 

FINANCING

Attractive Seller financing available - 75% of purchase price, 6% interest, 25 year amortization, 5 year maturity