Absolute Auction Over $5,000 "Walbrook" Three Story Townhome

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Listing Details

Sold Price
$13,000
Auction Date
Auction Time
12:20 PM
Address
2854 W. North Avenue, Baltimore, MD, 21216
County
Baltimore City
Neighborhood
Walbrook
Scroll down for Complete Details, including: property description and Terms of Sale.

★ ABSOLUTE AUCTION ★
To The Highest Bidder Over $5,000

 

WALBROOK
Three Blocks From Coppin State University

 

Three Story
TOWNHOME

Sale On Premises
2854 W. NORTH AVENUE
Near Poplar Grove Street
Baltimore City, MD 21216

TUESDAY, OCTOBER 1, 2013
AT 12:20 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 in the Walbrook neighborhood in west Baltimore City. The home sits about 3 blocks from Coppin State University, including new buildings being constructed along the south side of W. North Avenue. Downtown Baltimore is a little over two miles to the east. Nearby homes are comprised primarily of two and three story townhomes.


For more information about Walbrook, please see:
http://livebaltimore.com/neighborhoods/walbrook/#.Ui3eydK1Gs8

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

 

SITE AREA

Rectangular lot 14' x 150', more or less


Zoning R-8, residential


Public water, sewer, gas, electricity, telephone, cable TV


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Three story brick inside-group townhome contains 8 rooms (5 bedrooms), bath and basement. The home was formerly rented and has received an MDE lead certificate.

 

REAL ESTATE TAXES

Published 2013-2014 annual real estate taxes are $401.20, based on a full value assessment of $17,000.

 

TITLE

In fee simple;  and sold free and clear of liens.

 

INSPECTION TIME

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

 

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 at settlement, which shall take place within 45 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. 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, without express or implied warranty as to the nature and description of the improvements as contained herein;  and subject to the rights of the existing tenants, if any, and easements, agreements, building violation notices, 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!

 

FINANCING

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