"Evesham Park - Cedarcroft - Belvedere Area" Two and One-Half Story Traditional Home 4-5 Bedrooms, Fenced Yard, 6 Car Off-Street Parking

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Listing Details

Sold Price
$131,000
Auction Date
Auction Time
11:00 AM
Address
502 Nicoll Avenue, Baltimore, MD, 21212
County
Baltimore City
Neighborhood
Evesham Park
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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ABSOLUTE AUCTION
To The Highest Bidder Over $99,000

 

EVESHAM PARK
Cedarcroft - Belvedere Area

 

Two and One-Half Story
TRADITIONAL HOME
4-5 Bedrooms ✦ Fenced Yard
6 Car Off-Street Parking

Sale On Premises
502 NICOLL AVENUE
Off 6000 Ready Avenue, Near York Road
Baltimore City, MD 21212

THURSDAY, FEBRUARY 21, 2013
AT 11:00 A.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:

502 Nicoll Avenue is located in the Evesham Park Neighborhood, surrounded by the Lake Evesham, Cedarcroft, Lake Walker and Belvedere neighborhoods. The property is two blocks north of the Belvedere Square shopping, dining and entertainment area, and approximately two miles from both Loyola University Maryland and Towson University. The Jones Falls Expressway (I-83) is just over two miles to the west, and Downtown Baltimore is about four miles to the south. Public transportation is very close by along York Road and E. Northern Parkway. The location is very convenient for commuters of all types, and the home is ideal for homeowners, college or traditional rentals.


For neighborhood descriptions, please visit:

http://www.livebaltimore.com/neighborhoods/list/eveshampark/

or:

http://www.eveshampark.com/Evesham_Park_Neighborhood/Home.htm

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

 

SITE AREA

Irregularly shaped lot fronts 51' on Nicoll Avenue, with depths of 102'9" and 109'2" and a rear lot line of 50'

Zoning R-5, residential

Asphalt driveway with room for 6+ cars

Chain link fenced rear yard

Storage shed

Public water, sewer, gas, electricity, telephone, cable TV


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two and one-half story traditional home with covered front entry porch. According to public tax records, the home was built in 1915, and contains 1,850 square feet of living area and 740 square feet of basement space.


Exterior
Shingle exterior
Asphalt shingle roof
Vinyl replacement windows
Aluminum down-spouts and gutters


First Floor

  • Entry Foyer
    Photos of auction property
     
  • Dining Room (or additional Bedroom) - hardwood floor
    Photos of auction property
     
  • Living Room - hardwood floor, fireplace, pocket door
    Photos of auction property
     
  • Eat-In Kitchen - laminate floor, range oven, refrigerator/freezer
    Photos of auction property
    KITCHEN - PHOTO #1    PHOTO #2

     
  • Powder Room - laminate floor, updated vanity
    Photos of auction property
     
  • Rear Entry Foyer/Mudroom - wood floor, clapboard detail


Second Floor

  • Bedroom 1 - hardwood floors, closet
    Photos of auction property
     
  • Bedroom 2 - hardwood floors, closet, ceiling fan
    Photos of auction property
     
  • Bedroom 3 - hardwood floors, 2 closets, ceiling fan
    Photos of auction property
     
  • Full Bathroom - laminate floor, shower/tub
    Photos of auction property
     


Third Floor

  • Room 1 - carpet over hardwood
    Photos of auction property
     
  • Room 2 - hardwood floors
    Photos of auction property
     
  • Unfinished storage closet
     
  • Third floor landing
    Photos of auction property
     


Basement
Unfinished basement with utility area


Mechanical
Updated gas fired steam boiler
Window A/C
40 gallon gas fired water heater
100 amp. electrical service


The home is in good overall condition, but may warrant some updating and cosmetic repairs. According to the seller, there has been abundant interest from students wanting to rent the property, which was the most recent use of the home. Students have been willing to rent the home for  $3,000 per month or more. According to the Loyola University Maryland website, the home is not within a neighborhood excluded from renting to Loyola students.

 

REAL ESTATE TAXES

Published real estate taxes for 2012-2013 are $4,889, based on a full value assessment of $205,400.  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 the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information - http://www.dat.state.md.us/sdatweb/appeal.html

 

TITLE

The property is in fee simple and sold free and clear of liens.  Baltimore City Deed Liber FMC 14827, folio 1.

 

INSPECTION TIME

The home may be inspected from 10:00 a.m. on the day of sale or by appointment. Please email info@ajbillig.com or call 410.296.8440 for inspection requests.

 

TERMS OF SALE

A $10,000 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.  Balance to be paid in cash at settlement, which shall take place within 45 days.  If payment of the deposit or 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!

 

FINANCING

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