"Waltherson" Traditional Bungalow Zoned for Two Units

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Listing Details

Sold Price
$45,500
Auction Date
Auction Time
11:00 AM
Address
3317 Rueckert Avenue, Baltimore, MD, 21214
County
Baltimore City
Neighborhood
Waltherson
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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 REAL ESTATE AUCTION
- Longtime Owner Selling -
                           
WALTHERSON


TRADITIONAL BUNGALOW
 Zoned for Two Units

Sale on Premises
3317 RUECKERT AVENUE
Off 5000 Harford Road
Baltimore City, Maryland 21214

WEDNESDAY, OCTOBER 20, 2010
AT 11:00 A.M.


NOTE: The information contained herein has been obtained from sources deemed reliable and believed to be accurate. However, no express or implied warranty is made as to the accuracy of these representations. All dimensions and acreage contained herein are more or less.

LOCATION & DIRECTIONS:

The property is located in the Waltherson neighborhood of northeast Baltimore, situated between Harford Road and Walther Avenue. Area homes are mostly single family owner-occupied homes with well maintained lots. Shopping, entertainment and public transportation are on Harford Road, just 2 blocks to the west. The Baltimore Beltway (I-695) is a few miles to the north, and I-95 is directly to the east. Further neighborhood information can be found below.


Neighborhood links:

http://www.livebaltimore.com/neighborhoods/list/Waltherson/

http://www.waltherson.org/

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

 

SITE AREA

The lot fronts 75' along Rueckert Avenue, with depth lines of approximately 101'10" and 103'11", with a rear lot line of 51'6", comprising 0.149 acre, more or less.


Fenced front and rear yards.


Mature trees.


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story aluminum sided bungalow features separate meters, two furnaces, two water heaters, replacement windows and hardwood floors (underneath carpet).


The first floor and basement unit is arranged as follows:

  - Entry foyer and sun room

  - Living room

  - Dining room

  - Kitchen with walk-out to rear deck and fenced rear yard

  - Room used as a bedroom (no closet)

  - Pass-through bedroom

  - Bedroom

  - Ceramic tile bath

  - Unfinished basement with laundry area, workshop and club room type area

  - Mechanicals: gas steam heat; gas 40 gallon water heater; window AC; and,100 amp. electric.


The second floor unit is arranged as follows:

  - Rear, walk-up entry

  - Living room

  - Eat-in kitchen

  - Bedroom

  - Bedroom

  - Hall bath

  - Mechanicals: gas forced air heat; central AC; gas 40 gallon water heater; and, 100 amp. electric.

 

ZONING

R-4, residential. Two dwelling units.

 

REAL ESTATE TAXES

Published 2010 real estate taxes are $4,258, based on a full value assessment of $178,900. Baltimore City has been amenable to reductions in assessed value in accordance with purchase price. Potential bidders are encouraged to contact Baltimore City regarding the appeals process.

 

TITLE

In fee simple; sold free and clear of all liens. Deed Liber SEB 4872, folio 188.

 

INSPECTION TIME

45 minutes prior to sale on the day of the auction and by appointment. Please email charles@ajbillig.com for inspection requests.

 

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 within 45 days.  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 12% per annum, from date of sale to date of settlement.  All adjustments, including taxes, all other public charges and assessments payable on an 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 or covenants of record affecting same, 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.  Time is of the essence.


NO BUYERS PREMIUM!


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)

 

FINANCING

Call for pre-qualification:

Mr. Craig Kessler
Freedmont Mortgage Funding

50 Scott Adam Road
Hunt Valley, Maryland  21030
410-654-3900 direct
410-702-4511 fax
craig@greatloanofficer.com