Absolute Estate Auction Above $40,000 "Cameron Village" Brick Townhome

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Listing Details

Sold Price
$41,000
Auction Date
Auction Time
12:50 PM
Address
1078 Tunbridge Road, Baltimore, MD, 21212
County
Baltimore City
Neighborhood
Cameron Village
Scroll down for Complete Details, including: property description and Terms of Sale.

Leslie J. Williams, Attorney
Niles Barton & Wilmer, LLC
111 S. Calvert Street - Suite 1400
Baltimore, Maryland 21202

★ ABSOLUTE ESTATE AUCTION ★
To The Highest Bidder Above $40,000
                                    
CAMERON VILLAGE


BRICK TOWNHOME
Replacement Windows ◆ Central Air

Sale On Premises
1078 TUNBRIDGE ROAD
Off 5500 The Alameda
Baltimore, MD 21212

WEDNESDAY, FEBRUARY 13, 2013
AT 12:50 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 and square footage contained herein are more or less.

LOCATION & DIRECTIONS:

The property is in a predominantly homeowner area in the Cameron Village neighborhood near Chinquapin Park in northeast Baltimore City.  Downtown Baltimore is about 15-20 minutes to the southwest and Towson 15 minutes to the northwest.  The Good Samaritan Hospital is located several blocks to the north.

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

 

SITE AREA

The site fronts 16'6", has a rear lot line of 16'4", depths of 141'5" & 134',  all more or less


All public utilities


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story brick townhome features vinyl double glazed replacement windows, gas forced hot air heat, central air conditioning and is arranged as follows:


First Floor

  • Living Room
  • Dining Room
  • Kitchen


Second Floor

  • 2 - Bedrooms
  • Full Bathroom


Full Basement

  • Partially improved

 

REAL ESTATE TAXES

2012-2013 published annual real estate taxes are $2,354, based on a full value assessment of $98,900. 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

The property is being sold subject to an annual $180 ground rent (payable 1/1 and 7/1) and free and clear of liens

 

INCOME POTENTIAL

Rented for $823/month, Section 8.  The tenant reportedly is month to month.

 

INSPECTION TIME

From 12:20 p.m. on the day of sale.

 

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 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. 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 settlement 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 attorney for 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:
Forest F. Bramble, Jr. and Leslie J. Williams, Personal Representatives for the Estate of Rene J. Gunning, Jr.

 

FINANCING

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