Arthur L. Drager, Attorney
Law Offices of Arthur L. Drager, LLC
The Equitable Building, Suite 620, 21202
CLASSIC LAKE ASHBURTON
3-STORY TRADITIONAL HOME
Sale On Premises
3100 N. HILTON STREET
(Corner Fairview Ave.)
Baltimore, MD 21216
THURSDAY, APRIL 3, 2008
AT 11:00 A.M.
For directions from your location, visit: MapQuest
The home overlooks Baltimore's famous Lake Ashburton in the Forest Park neighborhood. The area surrounding the lake is known as Hanlon Park which features playgrounds, walking paths and picnic areas. This prestigious neighborhood is within walking distance to the MTA bus line and the Metro Subway Station. Downtown Baltimore is just ten minutes to the southeast. This is a beautiful predominantly homeowner area where pride in home ownership is evident. For more neighborhood information, see LiveBaltimore.com's descriptions of Hanlon and Forest Park.
The property is improved by a three story stucco home. According to tax records, the home was built in 1923 as a single family home, comprising 5,300-square feet, that was later divided into 2 units. The first floor contains large entry foyer, sun room, living room, dining room, kitchen with pantry, guest bedroom and bath. The second floor has a very large sitting/lounge area, 6 rooms, 2 baths, powder room and exits to Fairview Ave. The third floor has 3 rooms and powder room. Full basement with powder room. Two car garage in rear. The home is in very poor condition and needs extensive improvements. Lot size: fronts 108' on Hilton St. and 148' on Fairview Ave. In Fee Simple.
BLOCK PLAT (pdf)
TERMS OF SALE: A deposit by certified check or cashier's check of $10,000 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 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 as of date of sale. All other public charges and assessments payable on an annual basis including sanitary and/or metropolitan district charges to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The property will be sold in an "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein. The purchaser assumes risk of loss from day of sale. 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. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Laws. Cost of all documentary stamps, transfer taxes and other costs incident to settlement to be paid by the purchaser. TIME IS OF THE ESSENCE. No Buyerâ€™s Premium.
Arthur L. Drager, Guardian for Irma D. Holmes