"Edgewood - Facing Edgewood-Lyndhurst Park"

Arthur L. Drager, Attorney 
Law Offices of Arthur L. Drager, LLC 
One North Charles St. – Suite 1200 
Baltimore, Maryland 21201 

GUARDIAN’S SALE 

TWO STORY 
PORCHFRONT TOWNHOME 

& Household Furnishings 

Sale On Premises 
3517 GELSTON DRIVE 
Off N. Hilton Street 
Baltimore City, MD 21229 

FRIDAY, JUNE 1, 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:
3517 Gelston Drive is located in the Edgewood neighborhood in west Baltimore City. Edgewood is located north of Edmondson Avenue (US-40) and west of Hilton Parkway, bound by the Gwynns Falls – Leakin Park, Allendale and Edmondson Village neighborhoods. Edmondson Avenue provides convenient access to Downtown Baltimore, I-70 and I-695. Nearby homes are comprised predominantly of brick townhomes. The property faces Edgewood – Lyndhurst Park, which features the Edgewood Lyndhurst Recreation center, tennis courts and playground.

For more information about the area, please visit:
https://livebaltimore.com/neighborhoods/
http://cityview.baltimorecity.gov/

SITE:
Lot size: 18′ x 77’3″, more or less

All public utilities

Zoned R-6, Residential

IMPROVEMENTS:
Two story inside-group covered porchfront townhome – the home was constructed in 1931, contains 1,116 square feet of living area and 558 square feet of basement space, according to public tax records. The property is arranged as follows:

First floor:

• Living room – wood-like laminate floor
• Dining room – wood like laminate floor
• Kitchen – wood-like laminate floor, walk-out to fenced rear yard

Second floor:

• Three bedrooms – wood floors
• Full bath

Unfinished basement with flush. Gas fired hot water heat.

TAXES:
Current annual real estate taxes are $2,253.80 based on a full value assessment of $95,500. 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:
Subject to a $108 annual ground rent (due in semi annual installments on 1/1 & 7/1); and will be sold free and clear of liens.

TERMS OF SALE:
A $2,500 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 by 12:00 Noon, Monday, June 4 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.

HOUSEHOLD FURNISHINGS
REMAINING HOUSEHOLD EFFECTS WILL BE SOLD AS AN ENTIRETY AFTER THE SALE OF THE REAL ESTATE – Terms: Full payment in cash or by cashier’s check will be required of the purchaser at time and place of sale. Immediate removal required pursuant to pre-sale announcement.

No Buyer’s Premium!

Sale by Order of
Arthur L. Drager, Guardian for Lilian O. Lee