"Greektown" Two Story Covered Porchfront End-Of-Group Townhome

14443_savage639_front2.jpg

Listing Details

Sold Price
$80,000
Auction Date
Auction Time
11:00 AM
Address
639 Savage Street, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Greektown
Scroll down for Complete Details, including: property description and Terms of Sale.

Ronald B. Katz, P.A., Solicitors
11403 Cronridge Drive, Suite 230
Owings Mills, MD 21117-2219

SUBSTITUTE TRUSTEE'S SALE
                             
"GREEKTOWN"

TWO STORY COVERED PORCHFRONT
END-OF-GROUP TOWNHOME

Sale On Premises
639 SAVAGE STREET
Corner of Foster Ave.
Baltimore, MD 21224

THURSDAY, FEBRUARY 3, 2011
AT 11:00 A.M.

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


      Under and by virtue of the power of sale contained in a certain Deed of Trust from James Micklos to Trustee, dated March 30, 2006, and recorded among the Land Records of Baltimore City, in Liber 7728, Page 182, the holder of the indebtedness secured thereby having appointed Ronald B. Katz to act as Substitute Trustee, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned Substitute Trustee and Secured Party 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 2 story covered porchfront brick townhome containing living room, dining room and den on the first floor; 3 bedrooms and bath on the second floor.  Full finished basement with kitchen and family room.  Double pane windows and insulated doors.  9' ceiling heights.  Lot size: 15'10" x 85', more or less.


      BLOCK PLAT (pdf)


      The information pertaining to the improvements has been obtained from sources deemed reliable, but no warranty is made either express or implied as to the accuracy of this information.


      TERMS OF SALE:  A deposit by certified check or cashier's check of $5,000 will be required of the purchaser at time and place of sale. Deposit to be increased to 10% of the purchase price within 24 hours at the offices of the Auctioneer. 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 Substitute Trustee.  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 Deed of Trust Note per annum 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.  If the Substitute Trustee 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 Substitute Trustee, Noteholder or Auctioneer.  Cost of all documentary stamps, 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.  Risk of loss on the purchaser from date of sale.


Ronald B. Katz, Substitute  Trustee