"South Baltimore - Riverside Park" Two Story Townhome with Garages

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Listing Details

Sold Price
$152,000
Auction Date
Auction Time
11:00 AM
Address
1701 Light Street, Baltimore, MD, 21230
County
Baltimore City
Neighborhood
South Baltimore, Riverside Park
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Emilie C. Aracil, Solicitor
2959 Keswick Road
Baltimore, MD 21211

TRUSTEE'S AUCTION
                                 
SOUTH BALTIMORE
"Riverside Park"

TWO STORY TOWNHOME
With Garages

Sale On Premises
1701 LIGHT STREET
Corner E. Heath Street
Baltimore, MD 21230

FRIDAY, OCTOBER 4, 2013
AT 11:00 A.M.

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


      Pursuant to an Order of the District Court of Maryland for Baltimore City passed in the matter of State of Maryland and Gregg L. Bernstein, State's Attorney for Baltimore City, Plaintiff v. Frank Spruill, III and all other current tenants, Defendants, Case No. 14939-2008, the undersigned Trustee will sell at Public Auction, the following:


      All that fee simple lot of ground and the improvements therein, situate and lying in Baltimore City, State of Maryland and being more fully described in the Deed recorded among the Land Records of Baltimore City in Liber 9073, Page 238; lot size 15' x 120', more or less.


      The improvements are believed to comprise a two story end-of-group formstone front brick townhome.  According to public tax records, the home was constructed in 1900 and contains 1,230 square feet of living area, 615 square feet of basement space and 360 square feet of garage area.  The home is believed to contain a living room, dining room, kitchen, 3 bedrooms and 1.5 baths. Renovation is likely needed.


      BLOCK PLAT (pdf)


      TERMS OF SALE:  A $10,000 deposit, payable by certified check or cashier's check, will be required of the purchaser at time and place of sale.  If necessitated by price, the deposit shall be increased to 10% of the purchase price by 11:00 A.M., Monday, October 7, 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 for Baltimore City at a location designated by the Trustee.  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.  If settlement is delayed for any reason, there will be no abatement of interest.  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.  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 Trustee, The Auctioneer, 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 Trustee 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 Trustee, 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.


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Emilie C. Aracil, Trustee