Receiver's Auction - To The Highest Bidder Former Nursing Home Building - Requiring Rehabilitation Pre-Qualification is Required by Thurs., Nov. 13, 2008

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Listing Details

Sold Price
$18,000
Auction Date
Auction Time
10:30 AM
Address
3604 Mohawk Avenue, Baltimore, MD, 21207
County
Baltimore City
Neighborhood
Howark Park
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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


RECEIVER'S AUCTION
To The Highest Bidder
                              
HOWARD PARK


FORMER NURSING
HOME BUILDING

- Requiring Rehabilitation -
See Pre-Qualification Requirements Below

 Sales On Premises
3604 MOHAWK AVENUE
Off 4500 Liberty Heights Avenue
Baltimore, Maryland 21207


TUESDAY, NOVEMBER 18, 2008
AT 10:30 A.M.


For directions from your location, visit: MapQuest


        Pursuant to the Order Appointing a Vacant Building Receiver, of the District Court of Maryland for Baltimore City, 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. 3604 Mohawk Associates, et al., Case No. 42029-07, the undersigned Receiver will sell at public auction on the premises, the following:

        All that fee simple lot of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland and being more fully described in the Deed, dated November 28, 1986 and recorded among the Land Records of Baltimore City in Liber SEB 1291, page 297; lot size 75' x 193'6", more or less.

        BLOCK PLAT (pdf)

        The property is improved by a two story frame colonial home with wraparound front porch, attic and two fire escapes, and a two story stucco extension.  The building has been fire damaged in the rear and boarded for protection.  According to public tax records, the building contains 9,154 square feet above grade and is zoned R5, residential.  The building is believed to have formerly contained 30 nursing home bed units.  However, the previous use has expired.  Prospective purchasers are encourage to perform their own due diligence regarding the permitted uses of the  property.

        IMPORTANT - THE PROPERTY IS BEING SOLD SUBJECT TO VACANT HOUSE NOTICE(S) ("VHN") BY THE CITY OF BALTIMORE.  THE PURCHASER SHALL BE REQUIRED TO RAZE OR REHABILITATE THE PROPERTY ACCORDING TO THE ORDER(S) UNDER THAT VHN.


TERMS OF SALE

        A $5,000 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 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.
 

       PROSPECTIVE PURCHASERS MUST PRE-QUALIFY TO BID AT LEAST THREE BUSINESS DAYS PRIOR TO THE SCHEDULED AUCTION SALE. Bidders who are not pre-qualified SHALL NOT be allowed to participate in this auction; NO EXCEPTIONS.

Deadline: Thursday, November 13, 2008
Mailed to:
One House At A Time, Inc.
3553 Chestnut Ave., Suite 2N
Baltimore, MD 21211

(Only original applications will be accepted; NO FAXED COPIES!)
APPLICATION FORM (pdf)
(Requires Acrobat Reader to view)
Click Logo to get Adobe Acrobat Reader


       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


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