Absolute Estate Auction Above $10,000 "Rosemont" Two Story Covered Porchfront Townhome

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Listing Details

Sold Price
$16,000
Auction Date
Auction Time
11:00 AM
Address
3233 Presstman Street, Baltimore, MD, 21216
County
Baltimore City
Neighborhood
Rosemont
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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 S. Geoffrey Haynes, Attorney
10 N. Calvert Street - Suite 712
Baltimore, MD 21202

ABSOLUTE ESTATE AUCTION
To the Highest Bidder Above $10,000
                      
ROSEMONT

Two Story Covered Porchfront
BRICK TOWNHOME

Sale On Premises
3233 PRESSTMAN STREET
Off 1500 Bloomingdale Road
Baltimore City, MD 21216

WEDNESDAY, FEBRUARY 13, 2013
AT 11:00 A.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:

3233 Presstman Street is located west of Bloomingdale Road and east of Hilton Street in the “Rosemont” neighborhood of West Baltimore.  Neighborhood housing primarily consists of two story brick townhomes, both tenant and owner occupied.

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

 

SITE AREA

Rectangular lot 18'9" x 90'

Zoning R5, residential

All public utilities

Fenced rear yard


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story inside-group covered porchfront brick townhome, contains a living room, dining room, kitchen, 3 bedrooms, bath, full basement with club room and walk-out at grade in the rear, gas heat.  The home needs updating and cosmetic repairs.

 

REAL ESTATE TAXES

Published annual real estate taxes for 2012-2013 are $1,595, based on a full value assessment of $67,033.  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

In fee simple.  The property is sold free and clear of liens.  Baltimore City Deed Liber FMC 8174, folio 0499.

 

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:
David Kimmelman, Personal Representative
of the Estate of Doris Evelyn Hurley

 

FINANCING

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