"North Baltimore - Pen Lucy" Two Story Brick Townhome

15629_ivanhoe4205_front.jpg

Listing Details

Sold Price
$28,000
Auction Date
Auction Time
11:40 AM
Address
4205 Ivanhoe Avenue, Baltimore, MD, 21212
County
Baltimore City
Neighborhood
North Baltimore, Pen Lucy
Scroll down for Complete Details, including: property description and Terms of Sale.

REAL ESTATE AUCTION
                                     
NORTH BALTIMORE
 Pen Lucy Neighborhood 

Two Story
BRICK TOWNHOME

Sale On Premises
4205 IVANHOE AVENUE
Off 800 Blk. E. 43rd Street
Baltimore City, MD 21212

TUESDAY, JUNE 11, 2013
AT 11:40 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:

The property is located in the Pen Lucy neighborhood in north Baltimore City. Surrounding neighborhoods include Waverly, Ednor Gardens and Guilford. The home is located at the end of a quiet dead end street. Area homes consist of a variety of eclectic single family homes, semi-detached homes and townhomes. Loyola University of Maryland and Morgan State University are each a short distance to the west and east, respectively.


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

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

 

SITE AREA

Rectangular lot: 19' front by 95' deep, and bounded in the rear by a 12'6"+ vehicle accessible alley.


Front yard and fenced rear yard with potential for off-street parking


Zoning R-6, residential


Public water, sewer, gas, electricity, telephone


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story brick inside-group covered porchfront townhome features vinyl replacement windows, forced air heat and alarm system. The home is arranged as follows: living room, dining room and kitchen with walk-out to rear yard, on the first floor; three bedrooms and full hall bath, on the second floor; full basement with walk-out at grade.

 

REAL ESTATE TAXES

Published real estate taxes for 2012-2013 are $1,902, based on a full value assessment of $74,800.  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

Subject to a $96 annual ground rent (due 2/1 & 8/1);  and sold free and clear of all liens.  Baltimore City Deed Liber FMC 10203, folio 179.

 

INSPECTION TIME

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

 

TERMS OF SALE

A $3,000 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 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, 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, 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.