"Oaklee" Two Story Covered Porchfront Townhome To The Highest Bidder Above $5,000 One House At A Time, Inc. Receiver's Auction

Listing Details

Sold Price
$47,000
Auction Date
Auction Time
1:10 PM
Address
911 Calwell Road, Baltimore, MD, 21229
County
Baltimore City
Neighborhood
Oaklee
Scroll down for Complete Details, including: property description and Terms of Sale.

One House At A Time, Inc.
3553 Chestnut Ave., Suite 2N
Baltimore, MD 21211

RECEIVER'S AUCTIONS
To The Highest Bidders Over $5,000

10 BALTIMORE CITY PROPERTIES
ALL REQUIRING RENOVATION

 

★ ALL REQUIRING PRE-QUALIFICATION ★
WITH ONE HOUSE AT A TIME BY AUGUST 22ND
- See Pre-Qualification Requirements Below -

 

Sales On Respective Premises
TUESDAY, AUGUST 28, 2012
At the Following Times


        Pursuant to the Orders Appointing a Receiver to Sell a Vacant Building, et al., of the District Court of Maryland for Baltimore City, as noted below, passed in the matter of Mayor and City Council of Baltimore acting by and through the Baltimore City Department of Housing and Community Development, Petitioner v. the following Respondents, as per the case numbers stated below, the undersigned Receiver will sell at public auction on the premises, all those leasehold and fee simple lots of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland and being more fully described in the Deeds referenced as noted.

 

Time of
Auction

Address
 
Location
 
Neighborhood

Respondent(s)
 
Case No.
 
Deed Reference

Lot Size
 
Fee Simple or Ground Rent

Description

1:10 P.M.

911 CALWELL ROAD

Off 4000 Wilkens Ave.

"Oaklee" 21229

Deborah Beadenkopf, et al.
 
8337-12
 
Liber FMC 5602, folio 360

20' x 94'
 
In fee simple
 
BLOCK PLAT (pdf)

Two story brick inside-group covered porchfront townhome with slate roof fascia.
 
Pre-qualification is required - see below.

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

 

 

TERMS OF SALE


        Lot sizes and gross building area were obtained from public tax records and are more or less. Properties are zoned residential. Annual ground rents are due in equal semi-annual installments on the noted dates, in each and every year.


        IMPORTANT - THE PROPERTIES ARE BEING SOLD SUBJECT TO VACANT HOUSE NOTICES ("VHN") BY THE CITY OF BALTIMORE. THE PURCHASER SHALL BE REQUIRED TO REHABILITATE EACH PROPERTY ACCORDING TO THE ORDER(S) UNDER THAT VHN.


TERMS OF SALE


        A $3,000 deposit on each property, 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 ten (10) business days following final ratification of the sale by the District Court of Maryland for Baltimore City at a location designated by the Receiver. 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 8% per annum, from date of sale to date of settlement. All adjustments as of date of sale. 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 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, restrictions or covenants of record affecting same, if any, as well as existing zoning. Purchaser shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of sale forward. The purchaser waives and releases the Receiver, 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 Receiver 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 Receiver, the holder of the indebtedness or Auctioneers. Recordation costs, transfer taxes and all other costs incident to settlement to be paid by the purchaser. Time shall be of the essence for the purchaser.


        Due to the nature of the Receivership action and the Order of the District Court of Maryland for Baltimore City, Purchaser shall not assign this Contract without prior, written permission of the Receiver, which may be withheld in Receiver's sole and absolute discretion.

 

       ALL BIDDERS MUST APPLY TO PRE-QUALIFY WITH ONE HOUSE AT A TIME BY 5:00 PM WEDNESDAY, AUGUST 22ND, 2012. Please see below for proper form. Bidders who are not pre-qualified SHALL NOT be allowed to participate in this auction; NO EXCEPTIONS.

Deadline: Wednesday, August 22, 2012
APPLICATION FORM (pdf)
Mailed To:
One House At A Time, Inc.
3553 Chestnut Ave., Suite 2N
Baltimore, MD 21211
Or Emailed To:
ohaat@hotmail.com

For additional information, visit:
www.OneHouseBaltimore.org


       NOTE: If you have pre-qualified for other One House At A Time, Inc. Receiver's Auctions, please call 410-467-1826 and state your intention to bid. You may not be required to complete another form.

 

One House At A Time, Inc., Receiver

No Buyer's Premium