"Westgate" Brick Townhome

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Listing Details

Sold Price
$65,000
Auction Date
Auction Time
1:00 PM
Address
5205 Fredcrest Road, Baltimore, MD, 21229
County
Baltimore City
Neighborhood
Westgate
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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J. Michael Holloway, Attorney
Holloway & Sullivan, LLC
10 N. Calvert Street - Suite 200
Baltimore, Maryland 21202

ESTATE AUCTION
                     
WESTGATE

BRICK TOWNHOME
- In Need of Renovation -

Sale On Premises
5205 FREDCREST ROAD
Off Boswell Road,
North of 5200 Frederick Avenue
Baltimore, MD 21229

FRIDAY, OCTOBER 18, 2013
AT 1:00 P.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 contained herein are more or less. 


GENERAL INFORMATION

LOCATION & DIRECTIONS:

The property is situated in West Baltimore, in the Westgate Neighborhood, directly south of  Ten Hills and east of Catonsville. Properties are predominantly owner occupied with some rentals. Area homes are a mix of townhomes, semi-detached, detached and large estate homes. The location is among one of the most in demand in Baltimore City as a result of strong proximity to U.S. 40, the Baltimore Beltway (I-695), I-70 and I-95. Abundant shopping is within minutes along Frederick Road and nearby Baltimore National Pike (I-40).  The Downtown Baltimore business district lies just 15 minutes to the east.

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

 

SITE AREA

Mostly rectangularly shaped parcel measuring 19'6" x 115', more or less


BLOCK PLAT (pdf)


Rear Fenced yard


Rear 2-car parking pad


Public water and public sewer

 

IMPROVEMENTS

Brick covered porchfront townhome contains 1,064 finished square feet above grade and 532 square feet of basement space, all according to public tax records. The home is described as follows:


Exterior
Brick facade
Asphalt shingle roof with aluminum rain spouts
Vinyl clad double pane insulated windows
Metal security storm door


First Floor

  • Living Room - Dining Room Combination
  • Kitchen (in need of updating) - cooktop, double wall oven, refrigerator


Second Floor

  • 3 - Bedrooms
  • Full Hall Bathroom
  • Hall Linen Closet


Basement

  • Paneled Club Room with built-in bar
  • Laundry/Utility Room/Storage Room
  • Powder Room


Mechanical
Gas forced hot air heat
Central Air Conditioning
40 gallon gas fired water heater

 

ZONING

R5 - Residential

 

REAL ESTATE TAXES

2013-2014 Annual Real Estate Taxes - $2,830 (based on a full value tax assessment of $119,900).  Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property. Purchasers are encouraged to contact SDAT concerning the appeals process and may see the following link for helpful information:
 http://www.dat.state.md.us/sdatweb/appeal.html.

 

TITLE

Annual $108 ground rent, payable in equal bi-annual installments on the 3rd days of June and December in each and every year.   The property is being sold free and clear of all liens.

 

INSPECTION TIME

At 12:15 p.m. on the day of the auction only.

 

TERMS OF SALE

Deposit payable by certified or cashier's check of $5,000 will be required of the purchaser at time and place of sale.  The deposit shall be increased to 10% of the purchase price within 72 hours at the office of the Auctioneers.  Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting 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.  Taxes, ground rent 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 assumes risk of loss from the date of sale forward.  The purchaser waives and releases the Seller, the Auctioneers, and 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 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 Auctioneer.  The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. 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!


Auction by order of:
J. Michael Holloway, Personal Representative
for the Estate of Dorothy Louise Williams

 

FINANCING

See our Financing Page for a list of auction-oriented lenders.