Absolute Estate Auction Above $30,000 "Cedonia" 3 Bedroom Brick Townhome

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Listing Details

Sold Price
$51,000
Auction Date
Auction Time
12:15 PM
Address
5450 Cedonia Avenue, Baltimore, MD, 21206
County
Baltimore City
Neighborhood
Cedonia
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Glen D. Lazzaro, Esquire
102 W. Pennsylvania Avenue - Suite 200
Towson, Maryland 21204

ABSOLUTE ESTATE AUCTION
To The Highest Bidder Above $30,000
                 
CEDONIA

Inside-Of-Group, 3 Bedroom
BRICK TOWNHOME

Sale On Premises
5450 CEDONIA AVENUE
Off 5900 Radecke Avenue
Baltimore, MD 21206

WEDNESDAY, AUGUST 3, 2011
AT 12:15 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:

5450 Cedonia Avenue  is located in the "Cedonia" neighborhood of eastern Baltimore City, near the Baltimore City-County line. The neighborhood is a mixture of tenant and owner-occupied housing, consisting of townhomes, garden apartments and detached homes. The area is convenient to I-95, I-895, the Baltimore Beltway (I-695) and MTA bus service, providing easy access to area employment centers.

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

 

SITE AREA

Lot size: 18' x 100', more or less


All public utilities


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story inside-of-group brick townhome - according to published tax records, the home was constructed in 1959 and contains 1,152 square feet of upper level living area plus 576 square feet of basement space. 


First Floor

  • Living Room
  • Dining Room
  • Kitchen
  • Powder Room


Second Floor

  • 3 Bedrooms
  • Full Hall Bath


Full Basement

  • Knotty pine club room with built-in bar
  • Laundry room


Mechanical

Gas forced hot air heat

 

REAL ESTATE TAXES

2011-2012 published annual real estate taxes are $2,457, based on a full value assessment of $103,960.

 

TITLE

The property is sold free and clear of liens, subject to an annual $96 ground rent, payable half-yearly on the 1st days of June and December.

 

INSPECTION TIME

From 11:30 a.m. on the day of sale or by appointment.

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $3,000 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. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement.  Taxes, ground rent 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 sale 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. TIME IS OF THE ESSENCE.
        

No buyer's premium.


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)


Auction by order of:
Dennis Allen, Personal Representative for the Estate of Theresa Lathe

 

FINANCING

Call for pre-qualification and financing options:

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

For all other information please call 410-296-8440
OR EMAIL info@ajbillig.com