"Loch Raven - Northeast Baltimore" Two Story Townhome

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Listing Details

Sold Price
$37,000
Auction Date
Auction Time
12:45 PM
Address
1830 Swansea Road, Baltimore, MD, 21239
County
Baltimore City
Neighborhood
Loch Raven, Northeast Baltimore
Scroll down for Complete Details, including: property description and Terms of Sale.

ESTATE AUCTION

 

LOCH RAVEN
Northeast Baltimore

 

TWO STORY TOWNHOME
In Need Of Renovation

Sale on Premises
1830 SWANSEA ROAD
Between Hillen Road and Woodbourne Avenue
Baltimore City, Maryland 21239

WEDNESDAY, DECEMBER 14, 2011
AT 12:45 P.M.


     THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE AND BELIEVED TO BE ACCURATE.  HOWEVER, NO EXPRESS OR IMPLIED WARRANTY IS MADE AS TO THE ACCURACY OF THESE REPRESENTATIONS.  DIMENSIONS AND SQUARE FOOTAGE CONTAINED HERE ARE MORE OR LESS.

LOCATION & DIRECTIONS:

The property is located in the Loch Raven Neighborhood of northeast Baltimore City, near Mount Pleasant Park and Morgan State University. Area homes are typically well maintained and owner-occupied. Shopping and entertainment is nearby along Perring Parkway and Belvedere Avenue. Downtown Baltimore is about 5 miles to the southwest, and Towson is about 4 miles to the northwest.

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


For more information about Baltimore City Neighborhoods, please visit:
http://www.livebaltimore.com/neighborhoods/list/

 

SITE AREA

17' front by 105'5" deep, and bounded in the rear by a 16' alley, more or less.

BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story brick inside-group porchfront townhome contains: a living room, dining room and kitchen with walk-out to rear yard, on the 1st floor; 2 bedrooms and bath, on the 2nd floor; basement; storage attic. Gas forced air heat.  The property is in need of complete renovation.

 

ZONING

R-5, Residential

 

REAL ESTATE TAXES

Published real estate taxes for the 2011 tax year were $2,178, based on a full value assessment of $91,497. 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

Subject to an annual $96 ground rent due 2/1 & 8/1; sold free and clear of all liens

 

INSPECTION TIME

Day of the auction, 30 minutes prior to sale.

 

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 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, ground rent, 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


Auction by Order of Victor V. Killian, Personal Representative
For the Estate of Frederick A. Ourecky


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)


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