"Ednor Gardens - Lakeside"

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TWO STORY
DUPLEX TOWNHOME

1544 OAKRIDGE ROAD
Baltimore City, MD 21218

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:
1544 Oakridge Road is located in the Ednor Gardens – Lakeside community in northeast Baltimore City. Mergenthaler High School and Lake Montebello are one and two blocks east, respectively. Morgan State University is within one mile northeast. Johns Hopkins University, Loyola University of Maryland and a Department of Veterans Affairs (VA) medical center are all also close-by. The location is convenient to both Downtown Baltimore and Towson, with nearby commuter routes, including Loch Raven Boulevard, York Road and Harford Road. York Road and Harford Road provide ample access to groceries, dining and retail options.

For more information, please see:
Neighborhoods – livebaltimore.com
CityView – cityview.baltimorecity.gov

SITE:
Rectangular lot – 20′ x 99’6″, more or less

Front and rear yards

All public utilities

Zoning R-6 Residential, 2 dwelling units

IMPROVEMENTS:
Two story brick duplex townhome – constructed in 1951, containing 1,280 square feet of living area and 640 square feet of basement space. The building is arranged for a two bedroom apartment on the first floor and basement, and a one bedroom apartment on the second floor. Both units have previously received MDE lead certificates. The property contains multiple gas meters and hot water heaters.

EXTERIOR:

• Brick facade
• Vinyl replacement windows
• Concrete front porch
• Flat built up roof
• Fenced rear yard

INTERIOR:

Unit 1:

• Living room – hardwood
• Kitchen – laminate flooring
• Bedroom – hardwood
• Bedroom – carpet
• Bathroom – tile
• Mechanical room – laminate flooring, washer/dryer area with utility sink

Unit 2:

• Kitchen – laminate flooring
• Bedroom – hardwood
• Bedroom – hardwood
• Bathroom – tile flooring

Basement Mechanical:

• Two gas water heaters
• Gas forced air heat
• Multiple gas meters
• Electric meter

TITLE:
Subject to an annual $96 ground rent; sold free and clear of all liens

TAXES:
Published annual real estate taxes are $1,989.48, based on a full value assessment of $84,300.

SUMMARY TERMS OF SALE:
Please refer to the contract of sale for complete terms and conditions. A 10% deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. 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. 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. The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property. 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. Time is of the essence.

No Buyer’s Premium