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Holloway & Sullivan, LLC
One North Charles Street – Suite 2525
Baltimore, MD 21201
GUARDIAN’S AUCTION
– $25,000 Suggested Opening Bid –
“Broening Manor”
TWO STORY TOWNHOME
– Renovation Needed –
Sale On Premises
6617 MARNE AVENUE
Off Dundalk Avenue
Baltimore City, MD 21224
WEDNESDAY, OCTOBER 31, 2018
AT 11:00 A.M.
Pursuant to an Order of the Circuit Court for Baltimore City, passed in the matter of Gertrude Misterka, Case No. 24-T-18-000021, the undersigned Guardian will sell at public auction, on the premises, the following:
All that fee simple lot of ground and the improvements thereon, situate and lying in Baltimore City, State of Maryland and being fully described in the Deed dated February 23, 2018, and recorded among the Land Records of Baltimore City in Book 19954, Page 221; lot size 16′ x 114′, more or less.
The property is improved by a two story brick townhome, built in 1955, containing 1,024 square feet of living area and 512 square feet of basement space, according to public tax records.
Exterior
Brick construction, built-up roof, aluminum rainspouts, vinyl-clad double-hung windows, concrete block foundation
Fenced rear yard
Covered front porch
First Floor
Second Floor
Basement
Mechanical
Gas forced air heat
Central air conditioning
Gas, 30-gallon water heater
100 amp. electrical service
Taxes
Published annual real estate taxes are $1,926, based on a full value assessment of $81,600. 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
A $4,000 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, 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 Terry K. Sullivan, Substitute Guardian
of the Property of Gertrude Misterka