Absolute Auction Above $5,000 "Arlington - Northwest Baltimore" Two Story Traditional Home

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Listing Details

Sold Price
$6,000
Auction Date
Auction Time
1:50 PM
Address
5203 Cuthbert Avenue, Baltimore, MD, 21215
County
Baltimore City
Neighborhood
Arlington, Northwest Baltimore
Scroll down for Complete Details, including: property description and Terms of Sale.

Arthur L. Drager, Attorney
Law Offices of Arthur L. Drager, LLC
10 N. Calvert Street - Suite 620
Baltimore, MD  21202

ABSOLUTE ESTATE AUCTION
To The Highest Bidder Above $5,000

 

ARLINGTON
Northwest Baltimore

 

Two Story, Porchfront
TRADITIONAL HOME

Sale On Premises
5203 CUTHBERT AVENUE
Off 3700 Hayward Avenue
Baltimore, MD 21215

TUESDAY, OCTOBER 29, 2013
AT 1:50 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:

The property is located in the Arlington neighborhood in northwest Baltimore City. The area is proximate to the Pimlico Racetrack, Rogers Metro Station and Sinai Hospital. Nearby neighborhoods include Pimlico Good Neighbors, Glen and Woodmere. Area homes are a mix of traditional single family homes and townhomes.


For more information about Arlington, please see:
http://livebaltimore.com/neighborhoods/arlington/#.UlcEDdKbND0

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


SITE:

Mostly rectangularly shaped lot fronts 42'5" on Cuthbert Avenue, depths of 96'2" and 97'1", with a rear lot line of 72'3/4"


Concrete 2 car driveway


Front and rear yards


Public water, sewer, gas, electricity, telephone


BLOCK PLAT (pdf)


IMPROVEMENT DESCRIPTION:

Two story traditional home with aluminum siding and covered front porch contains: living room, dining room and kitchen, on the first floor; three bedrooms and bath, on the second floor, basement.


ANNUAL REAL ESTATE TAXES:

2013-2014 Annual Real Estate Taxes - $802.40 (based on a full value tax assessment of $34,000).  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 $84 annual ground rent (due in semi-annual installments on 6/20 & 12/20; sold free and clear of all liens


ZONING:

R5 - Residential


INSPECTION:

The home may be inspected 30 minutes prior to the auction.


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 at settlement, which shall take place 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 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!


Auction by order of:
The Estate of Ali Ashgar Marvi, by:
Arthur L. Drager, Personal Representative


FINANCING:

See our Financing Page for a list of auction-oriented lenders.