"Belair-Edison" End-Of-Group Townhome

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Listing Details

Sold Price
$40,500
Auction Date
Auction Time
11:00 AM
Address
3724 Lyndale Avenue, Baltimore, MD, 21213
County
Baltimore City
Neighborhood
Belair-Edison
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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J. Michael Holloway, Attorney
Holloway & Sullivan, LLC
10 N. Calvert Street - Suite 200
Baltimore, Maryland 21202

GUARDIAN'S SALE
                             
BELAIR-EDISON

Brick, Porchfront
END-OF-GROUP TOWNHOME
- In Need of Renovation -

Sale On Premises
3724 LYNDALE AVENUE
Off 3700 Erdman Ave.
Baltimore, MD 21213

WEDNESDAY, MARCH 20, 2013
AT 11:00 A.M.


      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.


GENERAL INFORMATION

LOCATION & DIRECTIONS:

Belair-Edison is located in northeastern Baltimore City.  The surrounding neighborhood is predominantly comprised of two story brick townhomes, which are owner and tenant occupied.  Public transportation, schools and shopping are within walking distance.

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

 

SITE AREA

Rectangularly shaped parcel measuring 27'7" x 100', more or less


Serviced by public water, public sewer and natural gas


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Desirable two story brick end-of-group townhome, features a covered front porch, gas fired forced hot air heat and updated 40 gallon gas fired water heater.  The home is in need of total renovation and is arranged as follows:


First Floor

  • Living Room
  • Dining Room
  • Kitchen - refrigerator, dishwasher, 4-burner range/oven, walk-out to rear porch


Second Floor

  • 3 Bedrooms
  • Full Hall Bathroom


Full Basement

  • Unimproved with laundry area

 

ZONING

R-6, single family residential

 

REAL ESTATE TAXES

2012-2013 published annual real estate taxes are $2,232, based on a full value assessment of $93,800.  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

Subject to an annual $96 ground rent payable on the 5th day of January and July, in each and every year.  The property is being sold free and clear of all liens.

 

INSPECTION TIME

 10:15 a.m. on the day of the auction only

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $2,500 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 at settlement, which shall take place 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 Guardian, the Owner, 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 buyer's premium!


Auction by order of J. Michael Holloway, Guardian of
Jane Heddinger

 

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