"Lauraville National Historic District"

Will Hudson, Attorney
Law Offices of Will Hudson
1537 Light Street
Baltimore, Maryland 21230

ESTATE SALE

Two Story Brick
COLONIAL HOME
– On 0.16 Acre –

Sale On Premises
2513 E. STRATHMORE AVENUE
Baltimore City, MD 21214

THURSDAY, JUNE 1, 2017
AT 11:00 A.M.

– SUGGESTED OPENING BID: $50,000 –

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:
2513 E. Strathmore Avenue is located in the Lauraville neighborhood in northeast Baltimore City. Surrounding neighborhoods include Hamilton, Waltherson, Morgan Park and Beverly Hills. Morgan State University and Lake Montebello Park bind the west and south sides of the neighborhood, respectively. Harford Road binds the east side of the neighborhood, and is home to the Hamilton-Lauraville Main Street district. The Main Street district, which is a little over one-half mile away, features many local businesses, restaurants, galleries and performance spaces.

For more information about the area, please visit:
https://livebaltimore.com/neighborhoods/lauraville/
and
http://bmoremainstreet.com/

SITE:
Lot size: 50’2″ x 142’5″, or 0.16 acre, more or less

Detached brick garage

Asphalt driveway

Partially fenced rear yard

Deck

All public utilities

IMPROVEMENTS:
Two story brick colonial home – the home was constructed in 1936, contains 1,470 square feet of living area and 720 square feet of partially finished basement space.

Exterior
All brick exterior with stone detail
Slate roof
Covered front porch
Second story balcony
Some vinyl-clad replacement windows, some wood double hung windows
Aluminum downspouts and rain gutters

Interior
First floor:
Living room – hardwood floor, wood burning fireplace with mantle
Dining room – hardwood floor, wainscot and chair rail molding
Kitchen – laminate floor, laminate countertops

Second floor:
Bedroom – hardwood floor, walk-in closet
Bedroom – hardwood floor, walk-out to second floor balcony and attic access
Bedroom – hardwood floor, cedar walk-in closet
Full ceramic tile bath

Basement:
Club room – laminate floor, bar
Full ceramic tile bath
Laundry area with utility sink

Storage attic with walk-up access and flooring

Mechanical
Oil fired boiler
40 gallon water heater
100 amp electrical service

Note: the home needs full renovation.

TAXES:
Current annual real estate taxes are $3,941.20 based on a full value assessment of $167,000. 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

TITLE:
In fee simple; and will be sold free and clear of liens.

TERMS OF SALE:
A $5,000 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 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!

Sale by order of the Estate of Beverly Ann Cook, by:
Will Hudson, Esq., Successor Personal Representative