"Lakeland - Southwest Baltimore" Updated Two Story Brick Townhome

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Listing Details

Sold Price
$33,000
Auction Date
Auction Time
2:00 PM
Address
3030 Janice Avenue, Baltimore, MD, 21230
County
Baltimore City
Neighborhood
Lakeland, Southwest Baltimore
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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REAL ESTATE AUCTION
                                  
LAKELAND
 Southwest Baltimore 

Updated Two Story Brick
TOWNHOME

Sale On Premises
3030 JANICE AVENUE
Off 2400 Block Marbourne Avenue
Baltimore City, MD 21230

TUESDAY, JULY 9, 2013
AT 2:00 P.M.


   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.  Dimensions, square footage and acreage contained herein are more or less.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.

LOCATION & DIRECTIONS:

The property is located in the Lakeland neighborhood in southwest Baltimore. The neighborhood is located near W. Patapsco Avenue, Hammonds Ferry Road, Hollins Ferry Road and Washington Boulevard, each offering easy access to I-95, I-295, I-895 and I-695. Public transportation and shopping are within walking distance along W. Patapsco Avenue and adjoining roads. Area properties are a mix of townhomes, garden apartments and commercial buildings. 


For more information about the Lakeland neighborhood, please see:
http://www.livebaltimore.com/neighborhoods/list/lakeland/

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

 

SITE AREA

Rectangular lot - 16' x 101'5", more or less
16' rear vehicle accessible alley
Rear parking potential
Zoning R-6, residential
All public utilities


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story brick inside-group townhome features vinyl replacement windows, new gas forced air heat (November 2009) and some new appliances. The home contains a living room, dining room and kitchen, on the first floor; three bedrooms and bath, on the second floor.

 

REAL ESTATE TAXES

Published real estate taxes for 2012-2013 are $2,628, based on a full value assessment of $110,400.  Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property.  Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information - http://www.dat.state.md.us/sdatweb/appeal.html

 

TITLE

Annual $90 ground rent due in semi-annual installments on 4/1 and 10/1;  and sold free and clear of liens.  Baltimore City Deed Liber FMC 5212, folio 311.

 

INSPECTION TIME

The home may be inspected 30 minutes prior to the auction.

 

TERMS OF SALE

A $2,500 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.  Balance to be paid in cash at settlement, which shall take place within 45 days.  If payment of the deposit or 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 of 12% per annum, from date of sale to date of settlement. All adjustments, including taxes, rent, ground rent, all other public charges and assessments payable on a monthly or annual basis, and 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, building violation notices, restrictions or covenants of record affecting same, if any. Purchaser assumes the risk of loss from the date of sale forward.  The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law.   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.  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 Seller or Auctioneers.  Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law.  Time is of the essence.


NO BUYER'S PREMIUM!

 

FINANCING

See our Financing Page for a list of auction-oriented lenders.