
Exceptional Opportunity:
REAL ESTATE AUCTION
UPPER FELLS POINT
BRAND NEW
EXECUTIVE TOWNHOME
3 Bedrooms ♦ 3.5 Baths ♦ Two-Car Garage
Water View Roof Deck ♦ Upscale Amenities
More Than 3,200 Square Feet of Living Area
Originally Listed for - $699,900 Suggested Opening Bid - $300,000 |
Sale On Premises
213 S. DURHAM STREET
Off 1700 E. Pratt Street, Baltimore, MD 21231
WEDNESDAY, JANUARY 9, 2008
AT 11:00 A.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 and square footage contained herein are more or less.
LOCATION & DIRECTIONS:(Excerpted from LiveBaltimore.com) - Upper Fells Point, also called Fells Prospect, is a 19th century community nestled between Fells Point, Butchers Hill and Canton. The area is bordered by Broadway to the west, Patterson Park to the east, Pratt Street to the north and Eastern Avenue to the south. A portion of the neighborhood extends to the water's edge from Washington Street to Montford Avenue.
Located near major transit centers, Upper Fells Point is accessible to the Jones Falls Expressway from the west, Interstates 95, 895 and 695 from the east, and water shuttles from the south. In addition, the Maryland Transit Authority provides numerous bus routes through the area along with subway services from nearby Johns Hopkins Hospital. Proximity to major employers include Johns Hopkins Hospital and Johns Hopkins Bayview Hospital, Church Home and Hospital, Sylvan Learning Center and H & S Bakery as well as all employers located downtown.
Jazz singer Billie Holiday once lived next door at 217 S. Durham Street.
For complete neighborhood description, visit:
http://www.livebaltimore.com/nb/list/upflspt/
For directions from your location, visit: maps.live.com
SITE AREA
213 S. Durham Street is between the 1700 blocks of E. Pratt Street and parallel Gough Street, about two blocks east of Broadway and six blocks west of Patterson Park. Originally two lots, the property fronts 25' along the east side of S. Durham Street by a depth of 57', comprising 1,425 square feet of land. All public utilities are in the site. The majority of the lot is encompassed by the home. The elevation of the site provides commanding views of Baltimore Harbor from the roof deck and Downtown Skyline from the front windows.
VIEW OF THE HARBOR VIEW OF THE SKYLINE SUNSET
IMPROVEMENTS
Three story brick inside-group executive townhome was constructed during 2005 and 2006.
Exterior
Two-car Front Entry Built-in Garage with Storage Room
GARAGE INTERIOR PHOTO #1 PHOTO #2
Andersen Double-Hung Windows
30-year Composition Shingle Roof and Dura-Dek rubber-infused polymer membrane over roof deck.
Exterior Lighting
Brick Courtyard with Privacy Fence
Roof Deck with spectacular views to the south and east of Baltimore Harbor and the Key Bridge
ROOFTOP DECK VIEW OF THE HARBOR
Interior
Security Alarm with expandable home management system. House is fully wired for high end audio, video, telephone and data
Fire Sprinkler System
Paloma Tankless Water Heater
Zoned Heat and Air Conditioning - two Rheem gas forced hot air furnaces and central air units
200 Ampere Electrical Service
Excellent Finishes - Kohler bath fixtures, upgraded base mouldings, custom stairways, high ceilings, designer light fixtures, recessed lighting
Entry Level
Foyer - ceramic tile flooring, exposed brick walls niches framed by drywall, stained glass transom over front door, entry to garage
Family Room - 16' x 15', carpeting, floor to ceiling window wall with French doors to the brick courtyard
FAMILY ROOM PHOTO #1 PHOTO #2 COURTYARD
Powder Room - ceramic tile, vessel sink
Utility Room - ceramic tile, utility sink
Utility Closet - carpeting
First Level
Great Room - 20' x 13', hardwood flooring, two-story vaulted ceiling, two ceiling fans, raised hearth gas fireplace, recessed and track lighting
OVERVIEW FIREPLACE CEILING
Gourmet Kitchen - 15' x 13', ceramic tile flooring, cherry wood cabinets with under-cabinet counter lighting, granite counters, U-shaped configuration with breakfast bar, wine rack, pantry, stainless steel appliances, including Kitchen Aid side-by-side refrigerator/freezer with ice maker and exterior water/ice dispenser, Bosch dishwasher, Frigidare dual fuel gas range with electric self cleaning conventional/convection oven and warming drawer, GE Profile Advantium oven (microwave and halogen), and disposal
KITCHEN VIEW TOWARD GREAT ROOM
2-Bedrooms - each 12' x 12', carpeting, nice closets
BEDROOM PHOTO #1 PHOTO #2
Hall Bath - ceramic tile, designer footed vanity
BATHROOM PHOTO #1 PHOTO #2
Second Level
Master Bedroom Suite - 23' x 13', carpeting, recessed lighting, large walk-in closet, Spectacular Master Spa Bathroom, with glass block wall, handsome custom tile, double sink vanity and granite top, whirlpool soaking tub, glass door shower stall with 3-shower heads and body spray
MASTER BEDROOM BATHROOM PHOTO #1 PHOTO #2
Third Level
Large Loft Suite (ideal for office, studio or fourth bedroom) - 23' x 17', carpeting, cherry wet bar with granite top, Sanyo stainless steel refrigerator, sliding doors to 25' wide rooftop deck with rail
LOFT PHOTO #1 PHOTO #2 ROOFTOP DECK VIEW OF THE HARBOR
Full Bath and Laundry - ceramic tile floor, designer vanity and sink, Frigidare Affinity washer and dryer
BATHROOM PHOTO #1 PHOTO #2
ZONING
R-8, residential
REAL ESTATE TAXES
2008 Assessed Value | |
Land |
$ 60,000 |
Improvements |
735,610 |
Total |
$ 795,610 |
2008 real estate taxes, based on the current assessment are $17,034.61. Property taxes may be substantially reduced based on the purchase price. The property qualifies for Baltimore City's five-year homebuyer tax phase-in.
TITLE
In fee simple. The property was formerly known as 213 and 215 S. Durham Street, being Lots Nos. 132 and 133 on Baltimore City Block 1754; Deed Liber 5259, page 438 and Deed Liber 5309, page 260,. The property is sold free and clear of liens. The two lots have been merged into one and are the only asset owned by Drew Associates, LLC. Prospective purchasers shall have the option of purchasing the stock interest in Drew Associates, LLC if they so desire, at no additional cost to the seller, in lieu of a standard real estate transfer, which may substantially save on settlement costs.
INSPECTION TIMEBy appointment or one hour prior to auction.
TERMS OF SALE
A $25,000 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. Time is of the essence.
NO BUYER'S PREMIUM.
Broker participation is invited.
BROKER REGISTRATION FORM