"Arcadia" Two Story Covered Porchfront Townhome With 2 Apartments & Former Bar - Zoned OR-7

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Listing Details

Sold Price
$64,000
Auction Date
Auction Time
11:00 AM
Address
4158 Eierman Avenue, Baltimore, MD, 21206
County
Baltimore City
Neighborhood
Arcadia
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

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Cohen and Forman, LLC
334 St. Paul Place 21202


TRUSTEE'S SALE
                 
ARCADIA


TWO STORY COVERED
PORCHFRONT TOWNHOME


Sale On Premises
4158 EIERMAN AVE.
(Off 4400 Belair Rd)
Baltimore, MD 21206


TUESDAY, MARCH 10,  2009
AT 11:00 A.M.


For directions from your location, visit: MapQuest


        Under and by virtue of the power of sale contained in a certain Deed of Trust from Edward Kowalski and EK Management, LLC  to Geoffrey L. Forman, Trustee, dated  May 12, 2006 and recorded among the Land Records of Baltimore City, Maryland, in Liber 7798 Folio 169, default having occurred thereunder, the undersigned Trustee will sell at Public Auction the following:

        All that leasehold  parcel of ground situate and lying in Baltimore City and being more fully described in the aforementioned Deed of Trust.

        The property is reported to be improved by a two story end-of-group covered porchfront townhome containing two one-bedroom apartments, and former bar.  Oil hot water heat.  Property is zoned OR-7.  Lot size: 14'5" x 133'11", more or less. Subject to an annual $90.00 ground rent.

        BLOCK PLAT (pdf)

        TERMS OF SALE:  A deposit by certified check or cashier's check of $5,000 will be required of the purchaser at time and place of sale. Deposit to be increased to 10% of the purchase price within 24 hours at the offices of the Auctioneer. Balance to be paid in cash at settlement, which shall take place within ten (10) business days following final ratification of the sale by the Circuit Court for Baltimore City at the offices of the Trustee.  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 stated in the Deed of Trust Note from date of sale to date of settlement.  All adjustments as of date of sale.  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 shall be responsible for obtaining physical possession of the property.  If the  Trustee 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 Trustee, Noteholder, or Auctioneer.  Cost of all documentary stamps, transfer taxes, and all other costs incident to settlement, including a $300.00 document review fee by the Seller’s attorney, to be paid by the purchaser.  Time shall be of the essence for the purchaser.  Risk of loss on the purchaser from date of sale.


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Geoffrey L. Forman,  Trustee