Rob Goldman Legal Solutions
6800-B Holabird Avenue
Dundalk, MD 21222
ABSOLUTE ATTORNEY'S AUCTION
To the Highest Bidder Above $10,000
- In Need of Renovation -
Sale On Premises
1310 BONSAL STREET
Off 5800 Toone Street
Baltimore, MD 21224
WEDNESDAY, APRIL 18, 2012
AT 2:00 P.M.
NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.
1310 Bonsal Street is located in southeast Baltimore City, between O'Donnell and Boston Streets, a very short distance east of the I-95 and I-895 ramps. The neighborhood is comprised of a mix of detached homes, row homes and garden apartments. The area is very convenient to major employers, with the Port, Johns Hopkins Bayview and Downtown Baltimore all a very short distance away. Proximate access to I-95 and I-895, each about one-half mile away, provides commuter options in all directions.
For directions from your location, visit: maps.google.com
Mostly rectangular lot fronts 16' on Bonsal Street, with depths of 102'4.75" and 102'7.25", and bounded in the rear by a 16' alley.
Concrete parking pad and fenced rear yard.
Zoning R6, residential
Public water, sewer, gas, electricity, telephone, cable are available
Two story brick inside-group porchfront townhome - according to public tax records, the home was constructed in 1955, contains 1,024 square feet of living area and 512 square feet of basement space.
Asphalt shingle roof with aluminum rain spouts
Covered front porch
Original aluminum and vinyl-clad replacement windows
Aluminum window awnings
Walk-out at grade in rear
Gas forced air heat
CAC (possibly inoperable)
100-amp. electric service
Updated 40 gallon gas water heater
The house requires renovation.
Published annual real estate taxes for 2011 were $2,083, based on a full value assessment of $87,500. The purchaser 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:
The property is sold free and clear of all liens and encumbrances, in fee simple. Deed reference Liber FMC 11140, folio 369.
The property will be available for inspection from 1:15 p.m. on the day of sale only. No prior inspection is scheduled. Check back to this page in the event alternate arrangements are made.
A $2,500 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, ground rent, 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 except where otherwise mandated by local, State or Federal law. Time is of the essence.
No buyer's premium.
Auction by order of:
Francis J. Vaeth, Attorney-In-Fact
for Charles L. Vaeth
Online pre-registration is now closed. Please register with the Auctioneer at the auction site.
Broker participation is invited. See our: BROKER REGISTRATION FORM (pdf).
The completed form must be returned to the Auctioneer's office by 5:00 P.M. on Tuesday, April 17, 2012.
See our Financing Page for a list of auction-oriented lenders.