"Greenspring"

Live Auction Bidders – a $15,000 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 by 11:00 A.M., Thursday, July 11, 2024, at the Auctioneer’s office (wire or cashier’s check).

Online Auction Bidders – a $15,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire, will be required of the purchaser by 4:00 P.M. on the day of auction. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount.

A 5% buyer’s premium will be added to the final bid price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.

Matthew J. Lidinsky, Esquire
Law Office of Frank G. Lidinsky, P.A.
8600 LaSalle Road, Suite 320
Towson, MD 21286

Live Onsite & Simulcast Online Bidding
Opening Bid: $100,000

GREENSPRING

TWO STORY FARMHOUSE
& ADJOINING LOT
– 0.30± Acre Total –

Sale On Premises:
2311 OSWEGO AVENUE
& BLOCK 3347A LOT 001A
– Entirety Sale Only –
Near Greenspring Avenue
Baltimore City, Maryland 21215

Online Bidding Opens
MONDAY, JULY 8, 2024

Online Bidding Closes
WEDNESDAY, JULY 10, 2024
AT 11:00 A.M.

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:
2311 Oswego Avenue is located in the Greenspring neighborhood in northwest Baltimore City. The home sits a short distance west of the Woodberry Neighborhood, including Woodberry Woods, Kennedy Kreiger, Loyola University of Maryland athletic facilities, Cold Spring Park and the Jones Falls Trail. The Jones Falls Expressway (I-83) is less than one mile east via Greenspring Avenue and Cold Spring Lane. A number of other Baltimore area landmarks and major employment centers are also nearby, including Sinai Hospital, Pimlico Race Course, Cylburn Arboretum, Druid Hill Park and the Maryland Zoo in Baltimore. The location provides an excellent combination of access to shopping, jobs and recreational opportunities, all within a well established northwest Baltimore neighborhood.

For more information about the area, please visit:
Neighborhoods – livebaltimore.com
CityView Map – cityview.baltimorecity.gov
Community Development Map – cels.baltimorehousing.org

SITE:
The site comprises two lots totaling 0.30 acre, more or less, according to public tax records, as further described below.

2311 Oswego Avenue – 0.153 acre and includes the house. The fully fenced lot features a curb cut on Spruce Drive with small concrete parking pad, mature landscaping, side patio and rear deck.

Adjoining lot known as Baltimore City Block 3347-A Lot 001A – 0.147 acre. Fenced with the main property. Some mature trees and bushes. Curb cut and gate on Oswego Avenue.

All public utilities.

Zoned R-8 Residential

Block Plat

IMPROVEMENTS:
Two story farmhouse – constructed in 1915, according to public tax records. The home is estimated to contain 2,400 square feet above grade and 1,200 square feet of basement space. Features include asphalt shingle roof, vinyl clad windows, enclosed front porch, covered side patio and a collection of architectural details. The home is arranged for a living room, dining room, kitchen, family room addition with laundry closet, on the first floor; 3 bedrooms and bath, on the second floor; unfinished basement with at grade entrance on the side. Gas fired radiant heat.

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

TAXES:
Current annual real estate taxes are a total of $1,165.06 for both lots as detailed below.

2311 Oswego Avenue – $1,141.46 based on a full value tax assessment of $48,367.
Block 3347A Lot 001A – $23.60 based on a full value tax assessment of $1,000.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.

Live Auction Bidders – a $15,000 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 by 11:00 A.M., Thursday, July 11, 2024, at the Auctioneer’s office (wire or cashier’s check).

Online Auction Bidders – a $15,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire, will be required of the purchaser by 4:00 P.M. on the day of auction.

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, 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, Baltimore City 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 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, including but not limited to the environmental condition thereof. 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. Time is of the essence. A 5% buyer’s premium will be added to the final bid price.

Sale by Order of the Estates of Wilson and Wilma Gilbert