"Levindale" Near Sinai Hospital

Rob Goldman Legal Solutions
6800-B Holabird Avenue, Dundalk, MD 21222

GUARDIAN’S AUCTION
$25,000 Suggested Opening Bid

Near Sinai Hospital

Two Story Brick
SEMI-DETACHED HOME
3 Bedrooms ◆ 1.5 Baths

– Renovation Needed –

Sale On Premises
5102 SUNSET ROAD
Baltimore, MD 21215

TUESDAY, OCTOBER 10, 2017
AT 3:00 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:
5102 Sunset Road is located in the Levindale neighborhood of northwest Baltimore. Levindale is a community of well-kept, mid-century, semi-detached homes, surrounding Sinai Hospital and its related facilities. The neighborhood is convenient to the Jones Falls Expressway (I-83), MTA bus and light rail service. Cylburn Arboretum is a short walk west of the neighborhood. Renovated similar homes in the neighborhood have recently sold for up to $145,000.

SITE:
Level lot – 32′ x 90.5′
All public utilities
Concrete driveway, currently one-car off-street parking with room for expansion

IMPROVEMENTS:
Two Story Brick Semi-Detached Home – built in 1941, containing 1,140 square feet of living area and 570 square feet of basement space, according to public tax records.

First Floor

• Living Room – wood floor
• Dining Room – vinyl over wood floor
• Kitchen – vinyl floor, older wooden cabinets, laminate counter, gas range/oven

Second Floor

• Bedroom #1 – carpeting over wood
• Bedroom #2 – carpeting over wood
• Bedroom #3 – vinyl over wood
• Full Bathroom
• Walk-up Attic

Basement

• Recreation Room – paneling, vinyl floor
• Half-Bath
• Unfinished Room

Mechanical
Gas forced air heat and central air conditioning
100 amp. electrical service
Gas 30-gallon water heater
Sump pump

The house needs updating and cosmetic repairs.

TITLE:
The property is sold free and clear of liens, subject to an annual $120 ground rent. Baltimore City Deed Liber 2301, page 415.

TAXES:
Published annual real estate taxes are $2,080, based on a full value assessment of $90,267. Purchasers 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 the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information:
http://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

TERMS OF SALE:
A $3,000 deposit, payable by 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 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, ground rent, 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. 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.

Auction by order of Marsha Randolph, Guardian for Lena Brooks