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REAL ESTATE AUCTION
– Opposite Clifton Park –
Two Story Porchfront
– Formerly Use for Assisted Living –
Sale On Premises
2522 HARFORD ROAD
Baltimore City, MD 21218
TUESDAY, SEPTEMBER 19, 2017
AT 11:45 A.M.
– 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.
2522 Harford Road is located in the Coldstream-Homestead-Montebello neighborhood in northeast Baltimore City. Johns Hopkins University and Morgan State University are each approximately 2 miles away. The property sits opposite Clifton Park, which features ball fields, tennis courts, community gathering spaces, walking trails and a golf course. Lake Montebello is a short distance to the north, which also features recreational options. Public transportation and shopping are available on Harford Road. Nearby properties are comprised predominantly of brick townhomes and small commercial businesses.
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Rectangular lot 20’4″ x 100′, more or less
Detached rear garage
Zoning R-7, residential
All public utilities
Two story brick inside-group covered porchfront townhome – the home was constructed in 1940, according to public tax records. The property has been used as an assisted living facility, featuring large open common areas, hardwood floors, wheelchair stair lift and handicap accessible bathrooms. The home contains: an open living room/dining room combination (wood floors), powder room (ceramic tile floor), kitchen (ceramic tile floor) with laundry hook-ups and walk-out to rear deck, on the first floor; bedroom with en-suite bath, two additional bedrooms and hall bath, on the second floor; finished basement with full bath; gas forced air heat. The home needs some repair.
Annual $108 ground rent (unregistered); sold free and clear of liens.
Published annual real estate taxes are $401
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, housing code violation notices, 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!