Absolute Auction To The Highest Bidder "Highlandtown" Two Story Townhouse

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Listing Details

Sold Price
$53,000
Auction Date
Auction Time
2:00 PM
Address
321 S. Robinson Street, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Highlandtown
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Law Offices of Richard B. Stofberg, LLC
20 S. Charles Street, Suite 318, Baltimore, MD 21201

 ABSOLUTE
ATTORNEY'S AUCTION
To the Highest Bidder - Regardless of Price!
                               
HIGHLANDTOWN
One Block East of Patterson Park

TWO STORY TOWNHOUSE
- Renovation Needed -

Sale On Premises
321 S. ROBINSON STREET
Off 3100 Bank Street
Baltimore, MD 21224

WEDNESDAY, JANUARY 5, 2011
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, 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 "Highlandtown" neighborhood of east Baltimore, one block east of Patterson Park.  Neighborhood housing predominantly consists of well maintained two story townhomes. 


Neighborhood details can be found at:
http://www.livebaltimore.com/neighborhoods/list/Highlandtown

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

 

SITE AREA

Rectangular interior lot - 12'4" x 62'6"

Zoning R8, residential

All public utilities are in the site

Concrete rear courtyard


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story brick inside-group townhome - according to public tax records, the home was constructed in 1906 and contains 1,008 square feet of living area and 504 square feet of basement space.


Exterior

White marble steps

Some replacement windows

Built-up roof


First Floor

  • Living Room - plywood sub-floor
  • Shower Bath - vinyl floor
  • Eat-in Kitchen - plywood sub-floor, some cabinets, no appliances, exit to rear courtyard


Second Floor

  • Bedroom #1 - carpeting
  • Bedroom #2 - carpeting
  • Bedroom #3 - carpeting, adjoins Bedroom #2
  • Full Bathroom


Basement

Full basement with outside exit

  • Family Room - carpeting, paneled walls, acoustical tile ceiling, bar
  • Laundry/Utility Room - washer and dryer


Mechanical

Oil hot water heat with summer/winter hook-up

100 ampere electrical service


The home needs rehabilitation and is being sold subject to any outstanding violation notices.

 

REAL ESTATE TAXES

Published 2010 real estate taxes are $3,538, based on a full value assessment of $148,640.  The tax assessment may be appealed based on the sales price of the property.

 

TITLE

In fee simple.  The property is sold free and clear of liens.  Deed Liber 8004, folio 167.

 

INSPECTION TIME

 From 1:15 p.m. on the day of sale.

 

TERMS OF SALE

A $5,000 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 within 45 days.  If payment of the 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, 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, 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.  Time is of the essence.


No buyer's premium.


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)


Auction by order of:
Richard B. Stofberg, Attorney-in-fact
For Cecelia E. Glinowiecki