"Parklane - Near Sinai Hospital" Two Story Townhome

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Listing Details

Sold Price
$26,000
Auction Date
Auction Time
3:15 PM
Address
2851 Edgecombe Circle South, Baltimore, MD, 21215
County
Baltimore City
Neighborhood
Parklane, Near Sinai Hospital
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Law Offices of
Bryan A. Bishop, LLC
1400 S. Charles Street
Baltimore, MD 21230

GUARDIAN'S AUCTION
                     
PARKLANE
Near Sinai Hospital

TWO STORY TOWNHOME

Sale On Premises
2851 EDGECOMBE CIRCLE SOUTH
Baltimore, MD 21215

WEDNESDAY, JUNE 26, 2013
AT 3:15 P.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:

2851 Edgecombe Circle South is located in the "Parklane" neighborhood, west of Greenspring Avenue and north of W. Cold Spring Lane in northwestern Baltimore City.  The home is about one mile west of the Jones Falls Expressway (I-83) Exit 9, about one miles west of the MTA Light Rail station and about one mile east of the MTA Metro Subway.  A major multi-million dollar renewal initiative was recently announced for the surrounding community, stemming from Maryland Lottery revenue.  Neighborhood homes are typically two story brick townhomes and are generally well maintained. 

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

 

SITE AREA

The property is comprised of two rectangular lots - 14' x 115' and 14' x 60', divided by a rear alley.


Public water, public sewer, gas, electricity and telephone service are in the site.


Chain link fenced front and rear yards


Zoning R6, residential


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two Story Brick Inside-Group Townhome


Exterior
Covered front porch
Open rear porch
Full concrete block foundation
Flat built-up roof
Replacement windows


First Floor

  • Living Room - wood floor
  • Eat-in Kitchen - vinyl floor, older metal cabinets


Second Floor

  • 2 Bedrooms - wood floors
  • Full Ceramic Tile Bath


Full Basement

  • Paneled Club Room  - vinyl floor
  • Laundry Room - utility sink, walkout at grade to the rear yard


Mechanical
Gas forced warm air heat
40 gallon gas water heater
Buss fuse electrical system


The home is clean but needs updating and cosmetic repairs.

 

REAL ESTATE TAXES

Published annual real estate taxes for 2012-2013 are $1,192, based on a full value assessment of $50,100.  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

The property will be sold free and clear of liens, subject to an annual $90 ground rent.  Deed Liber MLP 9199, Page 481.

 

INSPECTION TIME

The home will be open for inspection about 45 minutes prior to the auction.

 

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 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, 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 except where otherwise mandated by local, State or Federal law.  Time is of the essence.


No buyer's premium.


Bryan A. Bishop, Guardian of the property of Lillian Coleman

 

FINANCING

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