Absolute Auction Above $9,900 "Beechfield" Two Story Brick Townhome

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Listing Details

Sold Price
$31,000
Auction Date
Auction Time
11:30 AM
Address
4707 Frederick Avenue, Baltimore, MD, 21229
County
Baltimore City
Neighborhood
Beechfield
Scroll down for Complete Details, including: property description and Terms of Sale.

Lawrence D. Adashek, Attorney
8 Reservoir Circle - Suite 104
Baltimore, MD 21208

ESTATE AUCTION

3 - RESIDENTIAL
INVESTMENT PROPERTIES

Sales On Premises
WEDNESDAY, JANUARY 23, 2013


      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.

 

Auction Time

Required Deposit

Property Address

Description

11:30 A.M.

4707 FREDERICK AVENUE
"Beechfield"
Baltimore City 21229

Two story inside-group brick townhome - 3 bedrooms, 1 bath, kitchen, living room, dining room, gas heat. This is a two story townhouse. Vacant, rent was $798.00 per/month. Lead paint info - MDE currently in compliance #0325018139004. Published annual taxes $1,540 (assessment $64,700)*. Lot size 14' x 109'. In fee simple.

BLOCK PLAT (pdf)

MDE CERTIFICATE (pdf)

Deposit: $2,500

Absolute Above $9,900

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

 

 

TERMS OF SALE

      *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 the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information:
http://www.dat.state.md.us/sdatweb/appeal.html


      TERMS OF SALE: Deposits as stated above, 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 at settlement, which shall take place within 30 days.  If payment of the deposit or 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.


      4707 Frederick Avenue - all adjustments, including taxes, ground rent, all other public charges and assessments payable on a monthly or 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.  Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement.


      305 S. Calhoun Street and 3067 Freeway - all adjustments, including taxes, rent, ground rent, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of settlement and assumed thereafter by the purchaser. 


      All Properties - 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 except where otherwise mandated by local, State or Federal law.  Time is of the essence.


No buyer's premium.


Auction by order of:
Personal Representative of the Estate of Haven J. Habercam
Attorney-in-fact for John B. Habercam

 

FINANCING:

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