REAL ESTATE AUCTION
- Little Flower Area -
Two Story Porchfront
- Arranged for Two Units -
Sale on Premises
3409 WOODSTOCK AVENUE
Off 2700 Erdman Avenue
BALTIMORE, MD 21213
WEDNESDAY, APRIL 11, 2012
AT 11:05 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.
Belair-Edison is located in northeastern Baltimore City. The Little Flower area is located behind the Shrine of the Little Flower, a prominent landmark in East Baltimore for the last 85 years. The neighborhood sits between Clifton Park, Herring Run Park and Lake Montebello, offering golf, jogging trails, playgrounds and other outdoor activities. Shopping and entertainment are nearby on both Belair and Harford Roads. Woodstock Avenue runs between Erdman and Chesterfield Avenues, northwest of Belair Road.
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Rectangular lot fronts 20' on Woodstock Avenue, with depths of 96'4" and bounded in the rear by a 12' alley.
Two story inside-group covered porchfront townhome is arranged for two units, and contains living room, dining room and kitchen, on the first floor; two bedrooms, kitchen and full bath, on the second floor; full basement with kitchen, full ceramic tile bath and walk-out to rear yard at grade. Hot water heat. Vinyl replacement windows. Two gas and two electric meters. Second floor unit is rented for $400 per month, on a month to month lease. Zoned R-6, single family.
2011-2012 published annual real estate taxes are $2,877, based on a full value tax assessment of $120,900. 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.
In fee simple, sold free and clear of all liens. Deed Liber FMC 2789, folio 140.
30 minutes prior to sale on the day of the auction.
Deposit payable by certified or cashier's check of $2,500 will be required of the purchaser at time and place of sale. The deposit is to be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers. Balance to be paid in cash 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 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. Cost of all documentary stamps, transfer taxes and other costs indent to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law. TIME IS OF THE ESSENCE.
NO BUYERS PREMIUM!
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 10, 2012.