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ABSOLUTE REAL ESTATE AUCTION
To The Highest Bidder Over $5,000
Sale On Premises
428 FURROW STREET
Baltimore City, MD 21223
TUESDAY, NOVEMBER 28, 2017
AT 11:50 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, 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.
428 Furrow Street is located in the Carrollton Ridge neighborhood in southwest Baltimore City. The neighborhood sits immediately above Carroll Park. The location has good proximity to I-95, and major access roads out to the Baltimore Beltway (I-695), including Wilkens Avenue (US-1), Frederick Road (MD-144) and Edmondson Avenue (US-40). Major employment centers are nearby along the I-95 corridor, and Bon Secours and St. Agnes Hospitals are also within a short distance.
For more information about Carrollton Ridge, please visit:
Rectangular lot 12’8″ x 62′, more or less
Zoning R-8, residential
All public utilities
Two story brick formstone front inside-group townhome – the home was constructed in 1920, contains 910 square feet of living area and 455 square feet of basement space, according to public tax records.
In fee simple; and sold free and clear of liens.
Published annual real estate taxes are $708 based on a full value assessment of $30,000.
A $2,500 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!