"Lakeland" Two Story Townhome

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Listing Details

Sold Price
$64,000
Auction Date
Auction Time
11:00 AM
Address
2939 Mallview Road, Baltimore, MD, 21230
County
Baltimore City
Neighborhood
Lakeland
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Real Estate Auction
                    
LAKELAND


TWO STORY TOWNHOME

 Sale On Premises
2939 MALLVIEW ROAD
Off 2100 Patapsco Avenue
Baltimore, MD 21230


TUESDAY, APRIL 1, 2008
AT 11:00 A.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 and square footage mentioned herein are approximate and more or less.

LOCATION & DIRECTIONS:

2939 Mallview Road is located in southwest Baltimore, west of Annapolis Road and north of Patapsco Avenue.  Lakeland-Wegworth Park is one-half block north of the site.  The surrounding neighborhood is well established, consisting of 1960's brick townhomes and older detached cottages.  The neighborhood is convenient to the Baltimore Beltway (I-695) and Baltimore-Washington Parkway (MD-295), providing good highway access to employment centers.  Public bus transportation, Lakeland Elementary and Middle Schools are within walking distance.  Lakeland is a homeowner and rental community.

Neighborhood link:
http://www.livebaltimore.com/nb/list/lakelnd/



For directions from your location, visit: MapQuest

 

HISTORY

Level, rectangular lot, 16' x 110'

Fenced yard

Zoning R-6, single family residential

Rear parking pad


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story inside-group brick and siding townhome, containing living room, kitchen with ceiling fan and range/oven, utility room and sun room, on the first floor; two bedrooms and bath, on the second floor; gas forced hot air heat;  central air conditioning;  hardwood floors;  rear sun deck;  covered front patio;  and public utilities.  Public tax records indicate that the home was constructed in 1962 and contains 896 square feet of living area. 

The home was used as a rental property and is currently vacant.  Updating and cosmetic repairs are needed.  According to MRIS, properties in Lakeland typically rent in less than 30 days, for $800 to $1,200 per month.

 

REAL ESTATE TAXES

 2007 - $1,314

 

TITLE

 In fee simple.  The property is sold free and clear of liens.  Deed Liber 2999, folio 168.

 

TERMS OF SALE

  A $5,000 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 within 45 days.  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 of 12% per annum, from date of sale to date of settlement.  All adjustments, including taxes, all other public charges and assessments payable on an 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, and subject to easements, agreements, 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.  Time is of the essence.


NO BUYER'S PREMIUM.

Broker participation is invited.
BROKER REGISTRATION FORM