"Mount Royal Terrace Historic District" Large, Queen Anne Style Victorian Townhome

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Listing Details

Sold Price
$175,000
Auction Date
Auction Time
2:00 PM
Address
1904 Mount Royal Terrace, Baltimore, MD, 21217
County
Baltimore City
Neighborhood
Mount Royal Terrace Historic District
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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REAL ESTATE AUCTION

 

MOUNT ROYAL TERRACE
HISTORIC DISTRICT

 

LARGE, QUEEN ANNE STYLE
VICTORIAN TOWNHOME
- Many Updates & Architectural Details -

Suggested Opening Bid: $150,000
(Assessed for over $450,000)

Sale on Premises
1904 MOUNT ROYAL TERRACE
On Mount Royal Terrace Park
Baltimore City, Maryland 21217

THURSDAY, MAY 12, 2011
AT 2:00 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:

Mount Royal Terrace is a small, architecturally significant section of Reservoir Hill, and a distinguished Baltimore City neighborhood. The area is characterized by unique building styles, large homes, well landscaped parks, sculpture gardens, and has been a haven for sustained historical preservation and home-ownership. The location provides great access to the City's cultural center, including proximity to the Maryland Institute College of Art (caddy-corner to the property), the University of Baltimore, Druid Hill Park, Baltimore Zoo, Lyric Opera House, Meyerhoff Symphony Hall, Artscape Music and Arts festival and numerous museums and galleries.  The Baltimore Central Business District, University of Maryland Medical System, State Center and many other major employment hubs are nearby.

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


For more information on Mount Royal Terrace and Reservoir Hill, please visit these web pages:

Baltimore City's Historic District Information

and

Reservoir Hill Improvement Council

 

SITE AREA

Rectangular lot fronting 18' along Mount Royal Terrace Park area, with depths of 99'9", and bounded in the rear by a 20' alley.


BLOCK PLAT (pdf)


Rear patio and off street parking.

 

IMPROVEMENTS

Large Queen Anne style Victorian era brick inside-group townhome contains 3,262 interior square feet and 1,102 square feet of basement space, according to public tax records. The exterior features ornate brick detail, large oriel (bay window), decorative slate roof fascia, new rubberoid roof (2007), custom-built historic compliant windows, vinyl replacement windows on upper floors and in rear. The interior of the property features original moldings, original staircase with ballustrade, solid oak flooring throughout (except where noted), new grounded copper wiring, new plumbing, new 50 gallon gas fired water heater, dual zone gas forced air heat, dual zone CAC, and numerous other updates. The property is arranged as follows:


First Floor:

  • Entry foyer: solid wood double doors with some antique hardware and transom
     
  • Hallway
    Photos of auction property
     
  • Open living room and dining room: wood-burning fireplace with decorative black marble mantel and overmantel mirror
    Photos of auction property
    LIVING ROOM - PHOTO #1    PHOTO #2
     
  • Eat-in kitchen with sitting area: large, country-style, bow window, wood-burning fireplace with decorative marble mantel and ceiling fan
    Photos of auction property
    KITCHEN - PHOTO #1    PHOTO #2
     


Second Floor:

  • Large family room: Oriel (bay window), wood-burning fireplace and decorative mantel
    Photos of auction property
    FAMILY ROOM    FIREPLACE
     
  • Bedroom: wood-burning fireplace, carved mahogany mantel, ceiling fan
    Photos of auction property
    BEDROOM - PHOTO #1    PHOTO #2
     
  • Hall bath: ball and claw-foot tub, new vanity, new dual-flush commode
    Photos of auction property
     
  • Laundry closet: ceramic tile floor, stacking washer and dryer
    Photos of auction property
     
  • Large storage closet with second furnace


Third Floor:


Attic: pulldown, 600+/- square feet of storage space


Basement: full, unfinished, utility and storage areas

 

ZONING

R-9, residential

 

REAL ESTATE TAXES

Published real estate taxes for the 2010 tax year were $10,930, based on a full value assessment of $459,260. New purchasers may appeal their tax assessment based on a purchase price less than the assessed value.

 

TITLE

In fee simple; sold free and clear of all liens

 

INSPECTION TIME

By appointment and 1:00 p.m. on the day of the auction

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $10,000 will be required of the purchaser at time and place of sale.  The deposit is to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers.  Balance to be paid in cash within 45 days. If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. 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 settlement. 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 assumes risk of loss from the date of sale forward.  The purchaser waives and releases the Seller,  the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof.  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 Auctioneer. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser. TIME IS OF THE ESSENCE.


NO BUYERS PREMIUM!


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)

 

FINANCING

Call for pre-qualification:

Mr. Craig Kessler
Freedmont Mortgage Funding

50 Scott Adam Road
Hunt Valley, Maryland  21030
410-654-3900 direct
410-702-4511 fax
craig@greatloanofficer.com