Absolute Estate Auction Above $99,000 "Canton" National Historic District Two Story Townhome

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Listing Details

Sold Price
$144,000
Auction Date
Auction Time
2:00 PM
Address
2401 Foster Avenue, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Canton
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Jeffrey E. Nusinov, Attorney
FISHER & WINNER, LLP
2002 Clipper Park Road - Suite 108
Baltimore, MD 21211

ABSOLUTE ESTATE AUCTION
To The Highest Bidder Above $99,000
                        
★CANTON★
National Historic District

TWO STORY TOWNHOME

Sale On Premises
2401 FOSTER AVENUE
Off 800 S. Montford Avenue
Baltimore, MD 21224

WEDNESDAY, JUNE 20, 2012
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:

2401 Foster Avenue is located in the Canton area of east Baltimore.  Housing in the surrounding neighborhood primarily consists of renovated and new brick townhomes and loft apartment buildings.  Shopping, entertainment and recreations facilities are within walking distance.  Canton is generally considered one of Baltimore's premier city neighborhoods.  For additional information, please click on the following link: http://www.livebaltimore.com/neighborhoods/list/canton

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

 

SITE AREA

13' x 84' - level, interior lot with rear concrete courtyard

Zoning - R8, residential

All public utilities

BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two Story Inside-Group Brick Townhome - according to public tax records, the home was constructed circa 1900 and contains 1,229 square feet of living area, plus 532 square feet of basement space.  The home was previously used as a rental property and was last renovated in 1996.


Exterior
Brick
Vinyl-clad double-hung replacement windows
Built-up roof
Enclosed rear concrete courtyard


Interior
Drywall
Carpeting and vinyl floors
Fiberglass bathtub enclosure


First Floor

  • Foyer - vinyl floor
     
  • Living Room - carpeting, ceiling fan
    Photos of auction property
     
  • Dining Room - carpeting
    Photos of auction property
     
  • Kitchen - vinyl floor, oak cabinets, laminate counters, gas range/oven, refrigerator, large pantry
    Photos of auction property
     
  • Laundry Room/Half-Bath - vinyl floor, water closet (flush), washer, dryer, utility sink, exit to rear courtyard
    Photos of auction property
     


Second Floor

  • Bedroom #1 - carpeting, ceiling fan
    Photos of auction property
     
  • Loft - carpeting, closet, ceiling fan
    Photos of auction property
     
  • Bedroom #2 - carpeting, ceiling fan, sliding doors to future roof deck
    Photos of auction property
     
  • Bath
    Photos of auction property
     


Basement
Unfinished basement, painted concrete floor and walls


Mechanical
Gas forced air heat and central air conditioning
Gas, 40-gallon water heater
Sump pump
100-ampere electrical service

 

REAL ESTATE TAXES

Public real estate taxes for 2011 were $4,803 based on a full value tax assessment of $165,000.  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

 

TITLE

The property is in fee simple and sold free and clear of liens.  Deed Liber 1010, folio 361.

 

INSPECTION TIME

The home may be inspected at 1:15 on the day of the auction or by appointment.  Contact 410-296-8440 or info@ajbillig.com.

 

TERMS OF SALE

A $10,000 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 except where otherwise mandated by local, State or Federal law.  Time is of the essence.


No buyer's premium.


Auction by order of:
Jeffrey E. Nusinov, Personal Representative
of the Estate of William D. Hauer

 

FINANCING

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