"Highlandtown" Two Story Corner Brick Townhome

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Listing Details

Sold Price
$75,000
Auction Date
Auction Time
11:00 AM
Address
3400 Mt. Pleasant Avenue, Baltimore, MD, 21224
County
Baltimore City
Neighborhood
Highlandtown
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

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Cohen and Forman, LLC
334 St. Paul Place 21202

SUBSTITUTE TRUSTEES' SALE
                               
HIGHLANDTOWN


2 STORY CORNER
BRICK TOWNHOME

Sales On Premises
3400 MT. PLEASANT AVE.
(Corner Highland Ave.)
Baltimore, MD 21224


MONDAY, OCTOBER 5, 2009
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 Juan Llivichuzhca to Trustees, dated October 7, 2005, and recorded among the Land Records of Baltimore City, Maryland in Liber 7261 Folio 67, the holder of the indebtedness secured thereby having appointed  Geoffrey L. Forman, David H. Cohen and W. Scott Tinney IV, Substitute Trustees,  default having occurred thereunder, the undersigned Substitute Trustees, will sell at Public Auction the following:


        All that fee simple parcel of ground situate and lying in Baltimore City, and being more fully described in the aforementioned Deed of Trust.


        Improved by a remodeled two story corner building designed to contain a business on the first floor, and a 2nd floor apartment with granite counter tops and other features. Tax records indicate the property is 1,384 square feet.  Lot size: 16' x 53', more or less. Property is zoned R-8.


        BLOCK PLAT (pdf)


        NOTE: 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 of $7,500 by certified check or cashier's check 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 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 stated in the Deed of Trust Note 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 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(s) shall have no further claim against the Substitute Trustees, 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.


Geoffrey L. Forman, David H. Cohen & W. Scott Tinney IV, Substitute Trustees