Absolute Estate Auction Above $10,000 "Patterson Park" Two Story Townhome

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Listing Details

Sold Price
$55,000
Auction Date
Auction Time
12:00 PM
Address
161 N. Curley Street, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Patterson Park
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Douglas C. Lauenstein, Attorney
8900 Belair Road
Nottingham, MD 21236

★ ABSOLUTE ★
ESTATE AUCTION
To The Highest Bidder Above $10,000
                                    
PATTERSON PARK

TWO STORY TOWNHOME

Sale On Premises
161 N. CURLEY STREET
Off 2900 E. Fayette Street
Baltimore, MD 21224

THURSDAY, DECEMBER 12, 2013
AT 12:00 NOON


    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:

161 N. Curley Street is situated in East Baltimore, north of Patterson Park and southeast of Johns Hopkins Hospital.  Neighborhood housing is predominantly comprised of two story townhomes, many of which have been renovated.  Public transportation and shopping are within walking distance.

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


SITE:

Rectangular lot - 12'2" x 65'5"
Zoning R8, residential
All public utilities
Fenced rear concrete courtyard


BLOCK PLAT (pdf)


IMPROVEMENTS:

Two Story Inside-group Formstone Front Brick Townhome - according to Baltimore City tax records, the home was built in 1920 and contains 936 square feet of living area and 468 square feet of basement space.


Exterior
Brick home with formstone front
Double-hung replacement windows
White marble stoop
Flat built-up roof (new 2010 +/-)


First Floor
Foyer - vinyl floor
Living/Dining Room - carpeting
Kitchen - vinyl floor, wood cabinets, laminate tops, gas range/oven, clothes washer


Second Floor
Bedroom #1 - vinyl floor
Bedroom #2 - pass-through room, vinyl floor, skylight
Bedroom #3 - vinyl floor
Full Bath - laminate wainscot, vinyl floor


First and second level walls are paneled.


Basement
Den - paneling, vinyl floor, acoustical tile ceiling
Utility Room


Mechanical
Gas forced air heat
100 amp. electrical service
Gas water heater


The home needs updating and cosmetic repairs and is suitable for renovation.


TITLE:

The property is in fee simple and sold free and clear of liens.  Baltimore City Deed Liber 6972, Page 312.


TAXES:

Published real estate taxes for 2013-2014 are $2,794, based on the full value assessment of $118,400.  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


INSPECTION:

The property may be inspected from 11:15 a.m. on the day of sale.


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


No buyer's premium.


Auction by order of the Personal Representatives of the
ESTATE OF CATHERINE WASHEL


FINANCING:

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