"Greektown" Two Story Townhome with 2 Apartments

13677_ponca700_front.jpg

Listing Details

Sold Price
$78,000
Auction Date
Auction Time
2:00 PM
Address
700 Ponca Street, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Greektown
Scroll down for Complete Details, including: property description and Terms of Sale.

Arthur L. Drager, Attorney
Law Offices of Arthur L. Drager, LLC
The Equitable Building - Suite 620
10 N. Calvert St. 21202


ESTATE AUCTION
                         
GREEKTOWN

3 - TWO STORY
PORCHFRONT TOWNHOMES


Known As
700 PONCA STREET
711 & 717 OLDHAM STREET

Baltimore, MD 21224

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


Sale On Premises

THURSDAY, AUGUST 13, 2009
At the Following Times

AT 2:00 P.M.
700 PONCA STREET
(At Corner of Foster Ave.)
Baltimore, MD 21224

 
        Located south of 4900 Eastern Ave., the property is zoned R-8, for 2 units. Two story stone and brick covered porchfront townhouse with separate entrances. First floor: living room, dining room, and bedroom; basement has kitchen and bath with walk-out; (rental: $660 monthly). Second floor: living room, bedroom, eat-in kitchen, and bath; garage; (vacant). Gas hot water heat and 2 electric meters. Lot size: 15' x 70', more or less. In Fee Simple. The property needs renovation. Deposit: $7,500.

        BLOCK PLAT (pdf)

Photos of auction property
FRONT VIEW     REAR VIEW     STREET SCENE

 

TERMS OF SALE

        All deposits to be by certified check or cashier's check and will be required of the purchasers at time and place of sale. The deposit is to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers.  Balance to be paid in cash within 45 days. If payment of the balance does not take place within the specified time, the deposit will 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 as of date of sale. All other public charges and assessments payable on an annual basis including sanitary and/or metropolitan district charges to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The property will be sold in an "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein. The purchaser assumes risk of loss from day of sale. 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.  The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Laws.  Cost of all documentary stamps, transfer taxes and other costs incident to settlement to be paid by the purchaser.  TIME IS OF THE ESSENCE.  No Buyer's Premium.


Arthur L. Drager, Successor P.R. for the Estate of Georgia Papavasiliou