"Parkville - Overlea Area - Woodring" Two Story Bungalow with 4-5 Bedrooms, 2 Baths, Detached Garage

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Listing Details

Sold Price
$77,500
Auction Date
Auction Time
1:00 PM
Address
3317 Chesley Avenue, Baltimore, MD, 21234
County
Baltimore City
Neighborhood
Parkville, Overlea, Woodring,
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Real Estate Auction

 

PARKVILLE - OVERLEA AREA
Woodring Neighborhood

 

TWO STORY BUNGALOW
4-5 Bedrooms - 2 Baths - Detached Garage

Sale on Premises
3317 CHESLEY AVENUE
Off 6800 Harford Road
BALTIMORE CITY, MARYLAND 21234

FRIDAY OCTOBER 15, 2010
AT 1:00 P.M.

 SUGGESTED OPENING BID: $50,000


NOTE: 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. All dimensions and acreage contained herein are more or less.

LOCATION & DIRECTIONS:

The property is located in the Woodring Neighborhood, more generally known as Overlea, in northeast Baltimore City. The area is made up of substantially single family, owner-occupied homes, with some semi-detached properties nearby. Harford Road, Belair Road and Northern Parkway are very close, each offering restaurants, shopping and public transportation. The Baltimore Beltway (I-695) and I-95 are a short distance to the northeast, offering great commuter access.


Photos of auction property
STREET SCENE #1    STREET SCENE #2


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

 

SITE AREA

The site fronts 95' along Chesley Avenue, with depths of 180'7", comprising 0.40 acre, more or less.


BLOCK PLAT (pdf)


The site is level, with front and rear yards.


Two car detached garage, macadam paved driveway and additional 1-2 car off-street parking.

Photos of auction property
DRIVEWAY    GARAGE

 

IMPROVEMENTS

Two story aluminum sided bungalow contains an enclosed front porch, living room, eat-in kitchen, two bedrooms and full hall bath, on the first floor; two rooms, kitchenette, office area and full hall bath, on the second floor. Unfinished basement. Gas forced air heat. The property is in need of full renovation.

 

REAL ESTATE TAXES

Published 2010 real estate taxes are $3,008, based on a full value assessment of $126,400. Baltimore City has been amenable to reductions in assessed value in accordance with purchase price. Potential bidders are encouraged to contact Baltimore City regarding the appeals process.

 

TITLE

In fee simple; sold free and clear of all liens.

 

INSPECTION TIME

45 minutes prior to sale on the day of the auction.

 

TERMS OF SALE

A $5,000 deposit, payable by certified 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 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. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement.  Taxes, condominium fees 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, and subject to easements, agreements, restrictions or covenants of record affecting same, if any.  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 BUYERS PREMIUM!


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)


Click here for more
Baltimore City Auctions
On Friday, October 15, 2010

 

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