"Upper Fells Point" Fully Renovated Brick Townhome

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Listing Details

Sold Price
$75,000
Auction Date
Auction Time
2:00 PM
Address
238 S. Durham Street, Baltimore, MD, 21231
County
Baltimore City
Neighborhood
Upper Fells Point
Scroll down for Complete Details, including: property description and Terms of Sale.

Moore, Carney, Ryan and Lattanzi, LLC
4111 E. Joppa Rd., 21236

ASSIGNEES' SALE
                                       
UPPER FELLS POINT


Fully Renovated
BRICK TOWNHOME

Roof Deck  Central Air

Sale On Premises
238 S. DURHAM ST.
Off 1800 Blk. Gough St.
BALTIMORE, MD 21231


WED., SEPT. 23, 2009
AT 2:00 P.M.

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


        Under and by virtue of the power of sale contained in a certain Purchase Money Mortgage from Christopher Diveley to Kopernik Federal Bank, dated July 29, 2005, and recorded among the Land Records of Baltimore City, in Liber FMC 6685, folio 888, the mortgage having been assigned to Richard E. Lattanzi and Lisa M.L. Eisemann as Assignees, for the purpose of foreclosure, by instrument duly executed, acknowledged and recorded among the Land Records aforesaid, default having occurred under the terms thereof and at the request of the party secured thereby, the undersigned Assignees 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 above referenced mortgage.


        The property is reportedly improved by a completely gutted and renovated two story brick townhome featuring new rear addition, exposed brick walls, repointed exterior walls, rooftop deck, whirlpool tub, new rubber roof, plumbing, electric, windows, drywall, etc. The home contains a living room, dining room, new kitchen and powder room, on the first floor; 2 bedrooms and 2 baths, on the second floor; new gas forced hot air heat and central air. Lot size: 12'9"  x 60', more or less.


        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.  The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer's Office.  The holder of the indebtedness, if a bidder at the sale, shall not be required to post a deposit. 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 Assignees. 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 6% 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.  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.  If the Assignees are 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 Assignees, the holder of the indebtedness or Auctioneers.  Recordation costs, transfer taxes and all other costs incident to settlement, including a $300 document review fee by the Seller's attorney, to be paid by the purchaser.  Time shall be of the essence for the purchaser.  No Buyers Premium.


Richard E. Lattanzi,
Lisa M.L. Eisemann, Assignees