Absolute Auction Above $40,000 "New Northwood Area" Two Story, Porchfront Brick Townhome

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Listing Details

Sold Price
$65,000
Auction Date
Auction Time
2:00 PM
Address
1569 Stonewood Road, Baltimore, MD, 21239
County
Baltimore City
Neighborhood
New Northwood, Stonewood, Pentwood, Winston
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 $40,000
                                           
NEW NORTHWOOD AREA
"Stonewood-Pentwood-Winston"

2 Story, Updated
BRICK TOWNHOME

Sale On Premises
1569 STONEWOOD ROAD
Off 4900 Loch Raven Boulevard
Baltimore, MD 21239

WEDNESDAY, JANUARY 25, 2012 ◆ AT 2:00 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 and square footage contained herein are more or less.

LOCATION & DIRECTIONS:

The property is located in the Stonewood-Pentwood-Winston neighborhood of the New Northwood area in northeast Baltimore City.  Area homes are typically well maintained and owner-occupied. Shopping, restaurants and entertainment are nearby along Loch Raven Boulevard, Northern Parkway, Perring Parkway, Belvedere Avenue and York Road. Downtown Baltimore is about 5-10 miles to the southwest, and Towson is about 4 miles to the northwest.

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

 

SITE AREA

Mostly rectangular lot measuring 19' front, 19' rear, with depths of 102'11" and 104', all more or less


All public utilities


Rear privacy fenced yard


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Attractive two story brick covered porchfront townhome features vinyl double glazed replacement windows, central alarm system, oil fired forced warm air heat, recently installed 30 gallon gas fired water heater, and is arranged as follows:


First Floor

  • Living Room
  • Dining Room with ceiling fan
     
  • Kitchen with pantry, 4-burner gas range/oven and refrigerator/freezer


Second Floor

  • 3 - Bedrooms
  • Updated Full Bathroom


Full Basement

  • Attractive paneled club room
  • Laundry/Utility/Storage Room with walk-out to rear yard
  • Flush

 

REAL ESTATE TAXES

2011-2012 published annual real estate taxes are $3,066, based on a full value assessment of $206,400.  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

The property is in fee simple and is being sold free and clear of liens

 

INSPECTION TIME

From 1:15 p.m. on the day of sale or by appointment.

 

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 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 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. TIME IS OF THE ESSENCE.


No buyer's premium.


BIDDER PRE-REGISTRATION

Online pre-registration is now closed. Please register with the Auctioneer at the auction site.

BROKER COOPERATION:

Broker participation is invited. See our: BROKER REGISTRATION FORM (pdf). 

The completed form must be returned to the Auctioneer's office by 5:00 P.M. on Tuesday, January 24, 2012.

 

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