"Canton - 2 Blocks from O'Donnell Square" Two Story Townhome with Parking Pad

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Listing Details

Sold Price
$130,000
Auction Date
Auction Time
2:00 PM
Address
3208 O'Donnell Street, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Canton, 2 Blocks from O'Donnell Square
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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REAL ESTATE AUCTION

 

CANTON
Two Blocks From
O'Donnell Square

 

TWO STORY TOWNHOME
Needing Full Renovation
★ Parking Pad ★

Sale on Premises
3208 O'DONNELL STREET
Between 1000 Blks of S. East Avenue
& S. Bouldin Street
Baltimore City, MD 21224

This auction has been canceled - Sold Prior To The Auction
THURSDAY, MAY 24, 2012
AT 2:00 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, 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:

Canton is perhaps the best known and demanded neighborhood along the Baltimore City waterfront. The neighborhood has undergone a substantial renaissance over the last decade, with many new commercial centers, new residential developments, extensive home renovations and general neighborhood improvements. Options for commuters are good, being located a very short distance from multiple exits of I-95, as well as routes to Downtown just about 10 minutes to the west. Restaurants, shops, businesses, athletic facilities and many other neighborhood features make Canton a vibrant, desirable community. Surrounding neighborhoods are Fells Point, Brewer's Hill and Highlandtown, each providing more options for dining, shopping and entertainment.


3208 O'Donnell Street is located about two blocks east of O'Donnell Square, also known as the Canton Square, which is the primary dining and entertainment district in the neighborhood. Many homes on the block have undergone substantial, luxury renovations, including third story additions, roof decks and garages. The waterfront is three blocks immediately south. Access to I-95 is along Boston Street, which is also about three blocks south of the property.


For more information, please visit:
http://www.livebaltimore.com/neighborhoods/list/canton/
or:
http://en.wikipedia.org/wiki/Canton,_Baltimore

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

 

SITE AREA

Rectangular lot fronts 13'6" along O'Donnell Street, with depths of 75'. The property is bounded in the rear by a vehicle accessible alley.


Fenced rear concrete patio runs flush with the rear alley. The fence can be easily removed for an immediate parking pad.


Zoning R-8, residential


Public water, sewer, gas, electricity, telephone, cable are available


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story brick inside-group formstone front townhome - according to public tax records, the home was constructed in 1910, contains 1,176 square feet of living area and 763 square feet of basement space. The home is arranged for five rooms (two bedrooms), bath and basement. The property is in rough condition, and in need of full renovation.

 

REAL ESTATE TAXES

Published annual real estate taxes for 2011 were $4,310, based on a full value assessment of $181,000.  The purchaser 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 $78 ground rent, which is unregistered. The property is sold free and clear of all liens and encumbrances.

 

INSPECTION TIME

One hour prior to sale on the day of the auction. Check back to this page in the event alternate arrangements are made.

 

TERMS OF SALE

A $7,500 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 within 45 days.  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 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!


BIDDER PRE-REGISTRATION

If you are planning to attend the auction, please fill out our online: Bidder Pre-Registration Form. 

To complete the registration process you will simply show your cashier's check deposit to 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 Wednesday, May 23, 2012.

 

FINANCING

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