"Gay Street" Three Story Townhouse Shell

Listing Details

Sold Price
$4,000
Auction Date
Auction Time
10:20 AM
Address
1421 E. Eager Street, Baltimore, MD, 21205
County
Baltimore City
Neighborhood
Gay Street
Scroll down for Complete Details, including: property description and Terms of Sale.

Emilie C. Aracil, Solicitor
BUILDING AVALON, INC.
Baltimore, MD 21211

★ ABSOLUTE ★
COURT AGENT'S AUCTIONS
To The Highest Bidders Above $5,000

3 – EAST BALTIMORE
BRICK TOWNHOMES
- Renovation Required -

Sales On Respective Premises
THURSDAY, DECEMBER 8, 2011
At The Following Times


        Pursuant to the Orders Appointing Building Avalon, Inc. as a Court Agent to Convey the following properties pursuant to Maryland Rule 3-648, of the District Court of Maryland for Baltimore City, passed in the matter of Mayor and City Council of Baltimore acting by and through the Baltimore City Department of Housing and Community Development, Plaintiff v. the following Defendants, as per the referenced case numbers, the Court Agent will sell at public auction on the premises, all those leasehold and fee simple lots of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland and being more fully described in the Deeds referenced as noted.

 

Time of
Auction

Address
 
Location
 
Neighborhood

Respondent(s)
 
Case No.
 
Deed Reference

Lot Size
 
Fee Simple or Ground Rent

Description

10:20 a.m.

1421 E. Eager Street

Off 1000 N. Caroline Street

"Gay Street" - 21205

1421 East Eager Street, LLC
 
34805-09
 
FMC 10003/695

15' x 76'
 
In fee simple
 
BLOCK PLAT (pdf)

Three story inside-group brick townhouse shell.

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

 

TERMS OF SALE

      Lot sizes and gross building area were obtained from public tax records and are more or less.  Except as noted, properties are zoned residential.  Annual ground rents are due in equal semi-annual installments on the noted dates, in each and every year.


      TERMS OF SALE:  A $3,000 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 ten (10) business days following final ratification of the sale by the District Court for Baltimore City at the offices of Building Avalon, Inc. or a mutually agreed upon location.  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 8% per annum, from date of sale to date of settlement.  If settlement is delayed for any reason, there will be no abatement of interest.  All adjustments as of date of sale.  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 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 Court Agent, 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 Court Agent 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 Court Agent 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.


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Building Avalon, Inc., Court Agent