"Lake Walker"

Frank G. Lidinsky, P.A., Attorneys
8600 LaSalle Road, Suite 320
Towson, MD 21286

ONLINE ESTATE AUCTION
$150,000 Opening Bid

TWO STORY BUNGALOW
Arranged for 2 Units ✦ Detached Garage

Known As:
805 CEDARCROFT ROAD
Baltimore City, MD 21212

BIDDING OPENS:
FRIDAY, AUGUST 28, 2020

BIDDING CLOSES:
TUESDAY, SEPTEMBER 1, 2020 AT 1:00 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.

LOCATION:
805 Cedarcroft Road is located in the Lake Walker neighborhood in North Baltimore. Adjoining the Baltimore County line, Lake Walker runs from Walker Avenue on the north down to Lake Avenue, and from York Road to Chinquapin Run. Surrounding neighborhoods include Cedarcroft, Evesham Park, Glen Oaks and Anneslie (Baltimore County). The neighborhood is comprised of a variety of home styles, with most surrounding houses comprising bungalows, cottages and cape cods constructed in the first half of the 20th century. Several major universities are in close proximity, including Loyola University Maryland, Morgan State University, Notre Dame of Maryland University and Towson University. Other substantial employers are also nearby, including Good Samaritan Hospital, St. Joseph Medical Center and GBMC. Nearby York Road provides ample options for groceries, shopping and dining.

For more information, please see:
Lake Walker – livebaltimore.com
CityView – cityview.baltimorecity.gov

SITE:
Lot size – 49′ x 146′, comprising 7,154 square feet or 0.164 acre, more or less

Detached 2 car garage – shake shingle, asphalt shingle roof, overhead door and side entrance

Concrete driveway

Partially fenced rear yard

Mature landscaping with landscape structures

All public utilities

ZONING:
R-3 residential, single family

For more information, visit: Baltimore City Zoning.

IMPROVEMENTS:
Two story shake shingle bungalow with covered front porch – constructed in 1925, containing 1,748 square feet of living area and 725 square feet of basement space. The home was expanded and substantially updated in 1990, with further updates to the second floor kitchen and other spaces in more recent years. It is arranged for two dwelling units, featuring separate exterior entries, covered front and rear porches, wood floors and other architectural details.

EXTERIOR:

• Shake shingle
• Asphalt architectural shingle roof
• Mixed wood and vinyl-clad replacement windows
• Aluminum down spouts and rain gutters
• Covered front porch
• Covered rear porches on the first and second floor

INTERIOR:

First floor:

• Living room – wood floor, mantle with fireplace insert
• Eat-in kitchen – ceramic tile floor, gas range, sliding doors to rear porch
• Dining room – wood floor
• Powder room – ceramic tile floor
• Bedroom suite – wood floor, walk-in closet
• Master bath – ceramic tile floor

Second floor:

• Entry foyer
• Kitchen with walk-in pantry – laminate floor
• Bedroom – carpet
• Master bedroom – carpet, 3 large closets, sliding doors to rear deck
• Hall bath – ceramic tile floor
• Pop-up attic

Basement/Mechanical

• Unfinished, approximately 7′ height
• Laundry area
• Former powder room (roughed-in)
• 2 gas boilers
• 50 gallon gas water heater
• 1 gas meter
• 1 electric meter
• Upgraded 200 amp. electrical service

TITLE:
In fee simple; sold free and clear of all liens

TAXES:
Published annual real estate taxes are $4,922.96, based on a full value assessment of $208,600.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $15,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in cash or cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by Wednesday, September 2, 2020 at 1:00 P.M. Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the deposit or 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 contract to date of settlement. All adjustments, including taxes, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract 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. The property will be sold subject to Baltimore City violation notices, if any. Purchaser assumes the risk of loss from the date of contract 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!

Sale by Order of the Estate of Carole Stolba, by:
Frank Lidinsky, Personal Representative