"Cherry Hill"

Josephia Rouse, Attorney
1537 Light Street
Baltimore, Maryland 21230

ESTATE SALE

Two Story Porchfront
BRICK TOWNHOME

Sale On Premises
2425 TERRA FIRMA ROAD
Baltimore, MD 21225

THURSDAY, DECEMBER 27, 2018
AT 12:00 NOON

– Suggested Opening Bid: $10,000 –

      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:
2425 Terra Firma Road is located in the Cherry Hill neighborhood in south Baltimore City. 
Surrounding neighborhoods include Westport, Lakeland, Brooklyn and Lansdowne. Cherry Hill is situated between I-95, I-895 and the Baltimore Washington Parkway (295), providing great commuter access to the surrounding area. Public transportation is within walking distance. Middle Branch and Cherry Hill waterfront parks are also within walking distance of the property. Surrounding homes are primarily townhomes.

For more information about Baltimore City neighborhoods, please visit:
http://livebaltimore.com/neighborhoods/

SITE:
Rectangular lot: 16′ x 100’8″, more or less

Street parking

Fenced front and rear yards

Zoning R-6, Residential

All public utilities

IMPROVEMENTS:
Two story porchfront brick townhome – according to public tax records, the home was constructed in 1948, contains 1,024 square feet of living area and 512 square feet of basement space. The home features vinyl replacement windows, gas forced air heat and is arranged as follows: living room, dining room and kitchen on the first floor; 3 bedrooms and bath, on the second floor; full partially finished basement with extra room and laundry/utility area. 

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

TAXES:
Published annual real estate taxes are $2,322.24, based on a full value assessment of $98,400. 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

SUMMARY TERMS OF SALE – PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
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. 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. All adjustments, including taxes, rents, 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 settlement 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 shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of contract forward. 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:
Josephia Rouse, Esq., Successor Personal Representative for
The Estate of Armenta H. Foster