"Lauraville" Semi-Detached Home 3 Bedrooms & 2 Baths

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Listing Details

Sold Price
$49,000
Auction Date
Auction Time
11:00 AM
Address
2403 Hermosa Avenue, Baltimore, MD, 21214
County
Baltimore City
Neighborhood
Lauraville
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Potts & Potts, Attorneys
200 E. Lexington Street - Suite 1102
Baltimore, MD 21202

ESTATE AUCTION
                       
LAURAVILLE

3 Bedroom ◆ 2 Bath
SEMI-DETACHED HOME

Sale On Premises
2403 HERMOSA AVENUE
Near Herring Run Drive
Baltimore, MD 21214

WEDNESDAY, JANUARY 25, 2012
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, 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:

2403 Hermosa Avenue is located in northeast Baltimore near Morgan State University, east of Mount Pleasant Park, north of Cold Spring Lane, south of Echodale Avenue and west of Harford Road.  The neighborhood is a mixture of well-kept homes of varying style and age.

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

 

SITE AREA

The property is located on the south side of Hermosa Avenue, between Ailsa Avenue and Gilray Drive.  The house is elevated above street level.  The lot is nearly rectangular fronting 36' x 136', comprising approximately 0.115 acre.


Zoning R4, residential


All public utilities


BLOCK PLAT (pdf)

 

IMPROVEMENTS

One and one-half story semi-detached home - according to public tax records, the home was constructed in 1954 and contains approximately 1,248 square feet of living area and approximately 832 square feet of basement space, about half of which is finished area.


Exterior
Stone, brick and aluminum sided
Composition shingle roof, rain gutters with gutter guards
Vinyl replacement windows
Large sun porch


First Floor

  • Living Room - carpeting
  • Dining Room “L” - carpeting
  • Kitchen - vinyl floor, updated laminate cabinets and counters, refrigerator, microwave oven, gas range/oven, exit to sun porch
  • Bedroom #2 - carpeting
  • Bedroom #3 - carpeting
  • Full Bathroom - ceramic tile floor, fiberglass tub
  • Linen Closet


Second Floor

  • Master Bedroom - 2 walk-in closets, carpeted floor
  • En Suite Master Bath - vinyl floor, ceramic tile wainscot
  • Attic Storage


Full Basement

  • Recreation Room - vinyl floor
  • Entertainment Kitchen - vinyl floor, oak cabinets, laminate counter, gas range/oven
  • Laundry Room - vinyl floor, utility sink, washer and dryer
  • Utility Room
  • Outside Exit


Mechanical
Gas forced air heat
Window air conditioning units
Gas, 30 gallon water heater
100 amp. electrical service

 

REAL ESTATE TAXES

Published real estate taxes for 2011 - $2,935, based on a full value assessment of $2,935.  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 SDAT concerning the appeals process, and may see the following link for helpful information:
http://www.dat.state.md.us/sdatweb/appeal.html

 

TITLE

The property is in fee simple and will be sold free and clear of liens.  Deed Liber 4265, page 388.

 

INSPECTION TIME

The home may be inspected 45 minutes prior to the auction or by appointment with the Auctioneers - telephone 410-296-8440 or email info@ajbillig.com.

 

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 buyers premium.


Auction by order of:
Bryan H. Potts, Personal Representative
of the Estate of Leola H. Belin


BIDDER PRE-REGISTRATION

Online pre-registration is now closed. Please register with the Auctioneer at the auction site.

BROKER COOPERATION:

Broker participation is invited. See our: BROKER REGISTRATION FORM (pdf). 

The completed form must be returned to the Auctioneer's office by 5:00 P.M. on Tuesday, January 24, 2012.

 

FINANCING

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