Holloway & Sullivan, LLC
The Equitable Building
10 N. Calvert St. #200 - 21202
VILLAGE OF CROSS KEYS
Sale On Premises
22 CROSS KEYS ROAD - #22A
"Fallswood I Condominium"
Baltimore, MD 21210
THURSDAY, APRIL 19, 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.
The "Fallswood I" condominiums are situated in the Village of Cross Keys, one of Baltimore’s most convenient communities. Located off the 5200 block of Falls Road, between Northern Parkway and Cold Spring Lane, the development is just minutes from I-83 and less than 10 minutes to Downtown Baltimore. The Village of Cross Keys has numerous shops, restaurants and the Radisson Hotel. Within minutes are Mt. Washington, Hampden and Roland Park, offering many additional options for eating, shopping and entertainment. Public and Private schools, including many of the City’s best known, are nearby.
For more information, please visit:
For directions from your location, visit: maps.google.com
Security gate entry, community swimming pool, tennis courts, jogging and walking trails, party room and playground.
The site is serviced by public water, public sewer and natural gas
The apartment is located on the ground level of a three story brick building and comprises 617 square feet. The unit contains a living room/dining room combination, galley kitchen, bedroom and bath. Parquet floors. Storage locker in the in-building laundry facility, and additional HVAC room accessible from a covered parking area. Needs full renovation.
Published annual real estate taxes for 2011 were $1,904, based on a full value assessment of $80,000. 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:
$192.39 per month. Condominium fee includes the recreational facilities, laundry facility access, exterior building and ground maintenance, trash removal, snow removal, public water and sewer charges, security and reserve fund.
The property is sold free and clear of all liens and encumbrances, in fee simple. Deed reference Liber FMC 9845, folio 130.
One hour prior to sale on the day of the auction. Check back to this page in the event alternate arrangements are made.
A $3,000 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, condominium fees and 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, and subject to the Declaration and Bylaws of the Fallswood I Condominium. Purchaser assumes the risk of loss from the date of sale forward. The purchaser agrees to waive any rights of rescission under Maryland Condominium law and acknowledge receipt of the Condominium Resale Package. 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.
Terry K. Sullivan, P.R. Estate of Bjorn Gunter
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 Wednesday, April 18, 2012.
See our Financing Page for a list of auction-oriented lenders.