"Station North" Three Story Townhome - Totally Rehabbed

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Listing Details

Sold Price
$150,000
Auction Date
Auction Time
11:00 AM
Address
307 E. Lafayette Avenue, Baltimore, MD, 21202
County
Baltimore City
Neighborhood
Station North
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Ronald B. Katz, Solicitor
11403 Cronridge Drive - Suite 230
Owings Mills, MD 21117


SUBSTITUTE TRUSTEE'S SALE
                               
STATION NORTH


THREE STORY TOWNHOME
TOTALLY REHABBED

Sale On Premises
307 E. LAFAYETTE AVE.
(Off 1700 Barclay St.)
Baltimore, MD 21202


FRIDAY, FEBRUARY 13, 2009
AT 11:00 A.M.

For directions from your location, visit: MapQuest


        Under and by virtue of the power of sale contained in a certain Deed of Trust from Iron Clad, LLC to Trustees, dated July 12, 2007 and recorded among the Land Records of Baltimore City, Md., in Liber 10300 Folio 011,  the holder of the indebtedness secured thereby having appointed Ronald B. Katz, as Substitute Trustee, default having occurred thereunder, the undersigned Substitute Trustee, will sell at Public Auction, the following:

        All that fee simple parcel of ground situate and lying in Baltimore City, Maryland and being more fully described in the aforementioned Deed of Trust.

        The property is improved by a 3 story brick colonial townhome containing entry foyer, living room, dining room, eat-in kitchen with dishwasher, disposal,  microwave, self cleaning oven, gas range, refrigerator, etc. (all energy efficient), and powder room on the 1st floor; master bedroom,  other bedroom, and full bath on the 2nd floor; 2 bedrooms and bath on the 3rd floor.  Additional features include 2 fireplaces, skylights, additional stairway in rear to 2nd floor; some exposed brick walls, and original wood floors. Deck; security system; 2-car garage.  Lot size: 16' x 88', more or less.

        BLOCK PLAT (pdf)

        The information pertaining to the improvements has been obtained from sources deemed reliable, but no warranty is made as to the accuracy of this information.

        TERMS OF SALE:  A deposit by certified check or cashier's check of $10,000 will be required of the purchaser at time and place of sale. Deposit to be increased to10% of the purchase price within 24 hours at the offices of the Auctioneer. 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 Circuit Court for Baltimore City at the offices of the Substitute 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 stated in the Deed of Trust Note,  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.  Purchaser shall be responsible for obtaining physical possession of the property.  If the Substitute  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 Substitute Trustee, Note holder, or Auctioneer.  Cost of all documentary stamps, transfer taxes, and all other costs incident to settlement to be paid by the purchaser.  Time shall be of the essence for the purchaser.  Risk of loss on the purchaser from date of sale.

No Buyer's Premium

Ronald B. Katz, Substitute Trustee