Absolute Auction To The Highest Bidder "Eastpoint - Harbor View" Porchfront Bungalow & Dodge (1999) Passenger Van

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Listing Details

Sold Price
$60,000
Auction Date
Auction Time
2:00 PM
Address
507 48th Street, Baltimore County, MD, 21224
County
Baltimore County
Neighborhood
Eastpoint, Harbor View
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Shawn R. Harby, Attorney
309 S. Conkling Street
Baltimore, MD 21224

Offit Kurman, PA, Attorneys
8 Park Center Court, Suite 200
Owings Mills, MD 21117


Guardian & Attorney's Sale
ABSOLUTE AUCTION
To the Highest Bidder - Regardless of Price!
                      
EASTPOINT
"Harbor View"


PORCHFRONT BUNGALOW
- Renovation Needed -

& DODGE (1999) PASSENGER VAN

Sale On Premises
507 48TH STREET
Off Eastern Avenue, East of I-95

WEDNESDAY, MAY 11, 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.


Real Estate

LOCATION & DIRECTIONS:

507 E. 48th Street is located in the "Harbor View" neighborhood in the Eastpoint area of eastern Baltimore County.  Harbor View is located south of Eastern Avenue, between I-95 and North Point Boulevard.  Neighborhood housing is a mixture detached homes in a variety of styles.  Shopping and public transportation are within walking distance.  Access to I-95 is less than one-half mile to the west.  According to the Baltimore County Public Schools web site, nearby public schools are Norwood Elementary, Holabird Middle and Dundalk High.

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

 

SITE AREA

Rectangular lot 45' x 125'

Zoning DR 5.5, residential

Chain link fenced rear yard

3-Car asphalt driveway

Flag Pole

One-Car Frame Garage


SUBDIVISION PLAT (pdf)

 

IMPROVEMENTS

Circa 1925 one story aluminum sided bungalow, needing renovation.


Exterior

Asphalt shingle roof with aluminum rain spouts

Vinyl-clad double hung windows

Concrete block foundation

Rear sun porch

Covered front porch


Interior

Paneled and plaster walls

Living Room - carpeting over hardwood

Dining Room - carpeting over hardwood

Kitchen - electric range/oven, stainless steel sink, poor floor covering

2 - Bedrooms - wood floors

Full Bath - ceramic tile

Finished Attic - 2 rooms

Unfinished Basement


Mechanical

Updated gas hot water heat

Updated gas water heater

 

REAL ESTATE TAXES

Published taxes for 2010 were $1,897, including an special tax assessment of $215, based on a full value assessment of $138,766.  Note - If any real property is transferred after January 1 and before the beginning of the next taxable year to a new owner, the new owner my submit a written appeal as to a value or classification on or before 60 days after the date of the transfer.

 

TITLE

In fee simple.  The property is sold free and clear of liens.  Deed Liber 4932, page 319.

 

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)


Automobile


DODGE (1999) Ram 1500 Passenger Van
VIN#2B6HB11X6XK521428
Color – White
Believed to be inoperable


TERMS OF SALE:  Full payment in cash or by cashier's check will be required of the purchaser at time and place of sale.  Company checks will be accepted with approved bank letter of guarantee - contact auctioneers for proper form.  Immediate removal required pursuant to pre-sale announcement.  No buyer's premium.  The purchaser of the vehicle must have it inspected as provided by MD State Law.


Auction by order of:
Shawn R. Harby, Guardian for Frank C. Olsen
Paul Stack, Attorney-in-fact for Bernadette V. Olsen

 

FINANCING

Call for pre-qualification:

Mr. Craig Kessler
Freedmont Mortgage Funding

50 Scott Adam Road
Hunt Valley, Maryland  21030
410-654-3900 direct
410-702-4511 fax
craig@greatloanofficer.com