REAL ESTATE AUCTION
Sale On Premises
2816 GRANTLEY AVENUE
Off 4200 Reisterstown Road
Baltimore, MD 21215
WEDNESDAY, AUGUST 15, 2012
AT 1:10 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.
2816 Grantley Avenue is located in the Towanda-Grantley neighborhood in Northwest Baltimore. Area properties are primarily porchfront townhomes, with various retail and commercial buildings along Reisterstown Road, Park Heights Avenue and Cold Spring Lane. The neighborhood is a short distance from I-83 (JFX), which is approximately 1.5 miles to the east along Cold Spring Lane.
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The lot fronts 18'6" on Grantley Avenue, with depths of 82'4".
Zoning R5, residential
Public water, sewer, gas, electricity, telephone, cable are available
Two story brick porchfront townhome contains 6 rooms (3 bedrooms), bath and basement. MDE lead reduction certificate. Currently rented for $700/month (tenant pays water), with the lease ending February 28, 2013.
Published annual real estate taxes for 2012 were $666, based on a full value assessment of $28,000. 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 properties are sold free and clear of all liens and encumbrances, in fee simple.
The property will be available for inspection from 12:45 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. All adjustments as of date of settlement. 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.
See our Financing Page for a list of auction-oriented lenders.