"Harlem Park" Three Story Brick Townhome

14110_franklin1624_front1.jpg

Listing Details

Sold Price
$8,000
Auction Date
Auction Time
10:06 AM
Address
1624 W. Franklin Street, Baltimore, MD, 21223
County
Baltimore City
Neighborhood
Harlem Park
Scroll down for Complete Details, including: property description and Terms of Sale.

David H. Cohen, Solicitor
Cohen and Forman, LLC
334 St. Paul Place
Baltimore, MD 21202

ASSIGNEES' AUCTIONS

4 - BALTIMORE CITY
INVESTMENT PROPERTIES


Sale to Be Held
Circuit Court For Baltimore City
Clarence M. Mitchell, Jr. Courthouse

ST. PAUL STREET STEPS
Between Fayette & Lexington Streets
Baltimore City, MD 21202
Click here for directions from Google Maps

MONDAY, JUNE 7, 2010
At the Following Times


        Under and by virtue of the power of sale contained in certain Purchase Money Mortgages from the below named Mortgagors, dated and recorded among the Land Records of Baltimore City as noted, said Mortgages having been assigned to David H. Cohen and W. Scott Tinney, for foreclosure purposes, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned Assignees will sell at Public Auction, at the Clarence M. Mitchell Jr. Baltimore City Courthouse, St. Paul Street Entrance, the following:

        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 referenced mortgage:

 

Time of Auction

Property Address

Mortgagor
 
Date of Mortgage
 
Liber/Folio

Lot size
 
Ground Rent
or
Fee Simple

Improvements Description

At 10:06 a.m.

1624 W. FRANKLIN STREET

Off 500 N. Gilmor Street

"Harlem Park" 21223

Ida M. Crawford and Keith D. Traynham
 
December 24, 2007
 
Liber 10600/331

13'6" x 80'
 
Subject to an annual $68 ground rent (due half-yearly on 4/1 and 10/1)
 
BLOCK PLAT (pdf)

Three story brick townhome, believed to contain a living room, dining room, kitchen, 3-4 bedrooms, bath and basement.

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

 

TERMS OF SALE


        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. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property. Lot sizes noted are more or less.


        TERMS OF SALE: A $2,500 DEPOSIT ON EACH PROPERTY, 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. The holder of the indebtedness, if a bidder at the sale, shall not be required to post a deposit. 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 Assignees. 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 foreclosed Mortgage, 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 rents 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 Assignees, the holder of the indebtedness, 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 Assignees are 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 Assignees, the holder of the indebtedness 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.


No Buyer's Premium


David H. Cohen, W. Scott Tinney, Assignees