"Highlandtown" Renovated Two Story Brick Townhome

14362_claremont3728_front2.jpg

Listing Details

Sold Price
$75,000
Auction Date
Auction Time
11:00 AM
Address
3728 Claremont Street, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Highlandtown
Scroll down for Complete Details, including: property description and Terms of Sale.

Moore, Carney, Ryan and Lattanzi, LLC
4111 E. Joppa Rd., 21236

SUBSTITUTE TRUSTEES' SALE
                               
HIGHLANDTOWN


Renovated, 2 Story
BRICK TOWNHOME

Sale On Premises
3728 CLAREMONT ST.
Off 200 S. Eaton St.
BALTIMORE, MD 21224

TUESDAY, NOVEMBER 23, 2010
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 Humphrey A. Iroku to William C. Tarpenning and Dorothy E. Lobdell, Trustees, dated August 13, 2007, and recorded among the Land Records of Baltimore City, in Liber FMC 9877, folio 703, the holder of the indebtedness secured thereby having appointed Lisa M. L. Eisemann and Richard E. Lattanzi to act as Substitute Trustees, in place and stead of the aforementioned Trustees, by instrument duly executed, acknowledged and recorded among the Land Records aforesaid, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned Substitute Trustees will sell at Public Auction, on the premises, the following:


        All that leasehold 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 being sold subject to a $54 ground rent and is improved by a two story renovated brick townhome reportedly featuring replacement windows, Brazilian birch hardwood floors, gas forced hot air heat, central air and contains a living room, modern eat-in kitchen with granite countertops, 2 bedrooms, 2 modern baths; basement.  Lot size:  12'4" x 70'5", more or less.

Photos of auction property
INTERIOR PHOTO #1    INTERIOR PHOTO #2
KITCHEN PHOTO #1    KITCHEN PHOTO #2


        BLOCK PLAT (pdf)


        TERMS OF SALE:  A $7,500 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.  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 Substitute Trustees.  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 7.875% per annum, from date of sale to date of settlement.  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.  If the Substitute Trustees 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 Substitute Trustees, 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 Buyers Premium.


        Authority to cancel this sale rests solely with the Substitute Trustees and/or the Auctioneer. Prospective buyers should disregard all other statements and comments made by any other person or entity regarding minimum bids, pricing and cancellations of the sale. Additional terms may be announced at the time of sale. The Substitute Trustees reserve: (1) the right to accept or reject any or all bids; (2) the right to modify or waive the requirements for bidders' deposits and terms of sale and/or settlement; (3) the right to withdraw the Property from the sale before acceptance of the final bid; and (4) the right to cancel or postpone the sale.


                                                    Richard E. Lattanzi, 
                                                    Lisa M.L. Eisemann, Substitute Trustees