Absolute Estate Auction Above $40,000 "Cedmont" Spacious Colonial Home

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Listing Details

Sold Price
$56,000
Auction Date
Auction Time
2:00 PM
Address
5920 Greenhill Avenue, Baltimore, MD, 21206
County
Baltimore City
Neighborhood
Cedmont
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Gina D. Shaffer, Esquire
Shaffer Law Office, LLC
836 S. Main Street - Suite 102
Bel Air, Maryland 21014

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

Spacious, Vinyl Sided
COLONIAL HOME
- In Need of Repairs -

Sale On Premises
5920 GREENHILL AVENUE
Off 4312 Glenarm Ave.,
2 Blocks East of Belair Road
Baltimore, MD 21206

WEDNESDAY, MAY 23, 2012
AT 2:00 P.M.


        NOTE:  The information contained herein has been obtained from sources deemed reliable and believed to be accurate.  However, no express or implied warranty is made as to the accuracy of these representations.  All dimensions contained herein are more or less.


GENERAL INFORMATION

LOCATION & DIRECTIONS:

The "Cedmont" neighborhood is a nice predominantly homeowner area, just south of Overlea and just west of the Baltimore County borderline.  The homes in the area consist of a variety of housing types and styles, many of which have undergone extensive renovations.  The home is located in close proximity to public schools and public transportation.  Abundant shopping and restaurants are located on Belair Road, in Overlea, Parkville and Rosedale.  The Downtown Baltimore business district is approximately 15 minutes to the southwest.  Access to I-695, I-95 and I-895 are within 2 miles.

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

 

SITE AREA

One of the larger lots in the neighborhood, measuring 75' x 120', more or less

Public water, public sewer and natural gas


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story vinyl sided home features rear decks off the first and second floors, gas hot water baseboard heat and a 40 gallon gas fired water heater.  The home is in fair condition, needs repairs, and is arranged as follows:


First Floor

  • Living Room
  • Dining Room
  • Eat-in Kitchen with dishwasher, 4-burner gas range/oven, refrigerator/freezer and walk-out to the rear deck
  • Laundry Room
  • Powder Room


Second Floor

  • Master Bedroom with vaulted ceiling, walkout to rear deck and private access to Jack & Jill hall bathroom
  • 2 - Additional Bedrooms
  • Hall Bathroom (Jack & Jill) with whirlpool tub


Full Basement


Drop Stair Attic

 

ZONING

R-3, residential

 

REAL ESTATE TAXES

Annual Real Estate Taxes - $3,365 (based on a full value tax assessment of $141,400).  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 SDAT 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; sold free and clear of all liens

 

INSPECTION TIME

By appointment or 1:00 p.m. on the day of the auction.

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $5,000 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 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 Estate, Personal Representative, 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 BUYERS PREMIUM!


Michael Joseph Milburn, Theresa Michell Milburn and Kathryn Elizabeth Humphrey, Personal Representatives for the Estate of Michael Charles Milburn


BIDDER PRE-REGISTRATION

Online pre-registration is now closed. Please register with the Auctioneer at the auction site.


BROKER COOPERATION:

Broker participation is invited. See our: BROKER REGISTRATION FORM (pdf). 

The completed form must be returned to the Auctioneer's office by 5:00 P.M. on Tuesday, May 22, 2012.

 

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
ckessler@freedmont.com


For a list of additional auction-oriented lenders, see our Financing Page.

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