"Shipley Hill - Southwest Baltimore" Fully Renovated Townhome

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Listing Details

Sold Price
$33,000
Auction Date
Auction Time
11:55 AM
Address
123 S. Catherine Street, Baltimore, MD, 21223
County
Baltimore City
Neighborhood
Shipley Hill, Southwest Baltimore
Scroll down for Complete Details, including: property description and Terms of Sale.

REAL ESTATE AUCTION

 

SHIPLEY HILL
Southwest Baltimore

 

FULLY RENOVATED
TOWNHOME
Ready for Homeowner or Rental

- Suggested Opening Bid: $15,000 -

Sale On Premises
123 S. CATHERINE STREET
Off 2500 Frederick Avenue
Baltimore City, MD 21223

TUESDAY, JULY 16, 2013
AT 11:55 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 Shipley Hill neighborhood in southwest Baltimore. The neighborhood has easy access to shopping and public transportation. The Amtrak MARC station is less than one mile north, I-95 is a short distance to the south and Downtown Baltimore is easily accessible via Route 40. The western boundary of the neighborhood is the Lower Gwynns Falls Park and Gwynns Falls Trail.


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

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

 

SITE AREA

Rectangular lot 13'4" x 115'6", more or less


Fenced rear yard with shade tree, potential parking pad conversion
Photos of auction property


Zoning R-7, residential


Public water, sewer, gas, electricity, telephone, cable TV


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story buff brick inside-group townhome has been gutted down to the studs and fully renovated. Features include new electric, new plumbing, vinyl new construction windows, hardwood and ceramic tile flooring, new forced air heat, central air conditioning and more. The home is arranged as follows:


First Floor:

  • Living room - hardwood floor
    Photos of auction property
     
  • Dining room - hardwood floor
     
  • Kitchen - ceramic tile floor, all new cabinetry, all new appliances
    Photos of auction property
     
  • Laundry room - washer/dryer hook-ups
     
  • Powder room
    Photos of auction property


Second Floor:
Photos of auction property

  • Two bedrooms - carpet
    Photos of auction propertyPhotos of auction property
     
  • Full bath - ceramic tile floor and surround, tub and shower
    Photos of auction property
     
  • Rear deck
    Photos of auction property


Basement:

  • Family room - ceramic tile floor
     
  • Room - ceramic tile floor, could be used as bedroom or office
     
  • Full bath - ceramic tile floor
    Photos of auction property
     
  • Utility area


Mechanical:
Electric heat pump
Central air conditioning
40 gallon electric water heater
150 amp electric with breakers

 

REAL ESTATE TAXES

Published real estate taxes for 2012-2013 are $71, based on a full value assessment of $3,000.

 

TITLE

Subject to an annual $78 ground rent (due semi-annually on 3/4 & 9/4);  and sold free and clear of liens.  Baltimore City Deed Liber FMC 10342, folio 601.

 

INSPECTION TIME

The home may be inspected 30 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, rent, ground rent, all other public charges and assessments payable on a monthly or 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, covenants of record affecting same or housing violation notices, 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.