"Frankford" 3 Bedroom Bungalow

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Listing Details

Sold Price
$56,000
Auction Date
Auction Time
2:00 PM
Address
5205 Barbara Avenue, Baltimore, MD, 21206
County
Baltimore City
Neighborhood
Frankford
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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ESTATE AUCTION
                        
FRANKFORD

3 BEDROOM BUNGALOW

Sale On Premises
5205 BARBARA AVENUE
Off 4700 Frankford Avenue
Baltimore, MD 21206

THURSDAY, MARCH 14, 2013
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:

5205 Barbara Avenue is located in the "Frankford" neighborhood of northeastern Baltimore City, east of Belair Road and south of Frankford Avenue.  Neighborhood housing styles vary from brick townhouses and small detached homes to garden apartments.  Public transportation and shopping are within walking distance.  Frankford is convenient to I-95, I-895 and I-695, providing easy access to employment centers throughout the region.


Live Baltimore neighborhood profile:
http://www.livebaltimore.com/neighborhoods/list/frankford

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

 

SITE AREA

Rectangular lot - 50' x 164'6"
All public utilities
Zoning - R-4, residential


BLOCK PLAT (pdf)

 

IMPROVEMENTS

One and one-half story bungalow - according to public tax records, the home was constructed in 1952 and contains 1,260 square feet of living area and 840 square feet of basement space.


Exterior
Aluminum siding
Composition shingle roof
Double-hung replacement windows
Covered side porch


First Floor

  • Living Room - wood floor, paneling, acoustical tile ceiling
  • Eat-in Kitchen - vinyl floor, oak cabinets, laminate counters, gas range/oven, refrigerator
  • Bedroom #1 - wood floor
  • Bedroom #2 - wood floor
  • Bathroom - ceramic tile floor, fiberglass enclosure


Second Floor

  • Bedroom - vinyl floor
  • Den  - vinyl floor


Full, Unfinished Basement
Outside exit
Laundry area with utility sink


Mechanical
Gas forced air heat
Central air conditioning
100 amp. electrical service
Gas water heater


The home needs cosmetic repairs.

 

REAL ESTATE TAXES

Published real estate taxes for 2012-2013 are $3,342, based on a full value tax assessment of $140,400.  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 1086, Page 115.

 

INSPECTION TIME

The property will be open for inspection at 1:15 p.m. on the day of sale.

 

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.  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.


Auction by order of the Personal Representative
of the Estate of Manley Paul Calhoun

 

FINANCING

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