"Dorchester" 2½ Story Shell Cottage 7 Bedrooms & 3 Baths - 2,364 Sq. Ft. Arranged for 3 Apartments


Listing Details

Sold Price
Auction Date
Auction Time
11:00 AM
4100 Belle Avenue, Baltimore, MD, 21215
Baltimore City
Scroll down for Complete Details, including: property description, Terms of Sale and more.

Cohen & Forman, LLC
334 St. Paul Pl., 21202


2½ Story, Porchfront

Arranged for 3 Apartments
  7 BR/3 Bath  2,364 Sq. Ft.

Sale On Premises
Corner of Granada Ave.
Baltimore, MD 21215

WED., JULY 29, 2009
AT 11:00 A.M.

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        Under and by virtue of the power of sale contained in a certain Deed of Trust from Jason Dennis and Zalman Sofer to Geoffrey L. Forman, David H. Cohen and W. Scott Tinney, IV, Trustees, dated September 4, 2007, and recorded among the Land Records of Baltimore City, Maryland, in Liber 9939, Page 146, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned Trustees will sell at Public Auction, on the premises, the following:

        All that fee simple lot of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland, and being more fully described in the above referenced Deed of Trust.

        The property is improved by a large 2½  story covered porchfront cottage which has been reportedly gutted and framed.  The home is arranged for 3 apartments as follows:  living room, dining room, kitchen, 3 bedrooms and bath, on the first floor;  living room, kitchen, 3 bedrooms and bath, on the second floor;  living room, kitchen, bedroom and bath, on the third floor; basement.  The electrical work is roughed in;  plumbing is 95% roughed in;  and the house has all new windows and doors.  Lot size: 46' x 135', more or less.  Zoned R-4, with the last permitted use as 3 apartments.  However, since the property has been vacant for over one year, application would need to be made again with the Baltimore City Zoning  Office for multi-family use.  Purchasers are encouraged to check with the Baltimore City Zoning Office for permitted and potential uses of the property.

        BLOCK PLAT (pdf)

        TERMS OF SALE:  A $5,000 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.  The holder of the indebtedness, if a bidder at the sale, shall not be required to post a deposit. 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 Trustees.  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 foreclosed Deed of Trust Note, from date of sale to date of settlement.  All adjustments as of date of sale.  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 shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of sale forward.  The purchaser waives and releases the Trustees, the holder of the indebtedness, 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 Trustees are 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 Trustees, the holder of the indebtedness or Auctioneers.  Recordation costs, transfer taxes and all other costs incident to settlement, including a $300 document review fee by the Seller's attorney, to be paid by the purchaser.  Time shall be of the essence for the purchaser.  No Buyers Premium.

Geoffrey L. Forman, David H. Cohen and
W. Scott Tinney, IV, Trustees