"Lauraville"

A $10,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by 4 P.M. on the date of the 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% or $2,500 buyer’s premium, whichever is greater, 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 please see the Sample Contract.

$75,000 Opening Bid

LAURAVILLE

RANCH HOME
On 0.141 Acre – Needs Full Renovation

Known As:
4902 GILRAY DRIVE
Near Herring Run Drive
Baltimore City, Maryland 21214

BIDDING OPENS:
WEDNESDAY, SEPTEMBER 3, 2025

BIDDING CLOSES:
FRIDAY, SEPTEMBER 5, 2025
AT 12:00 NOON

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:
4902 Gilray Drive is located in the Lauraville neighborhood of northeast Baltimore City. Surrounding neighborhoods include Waltherson, Hamilton Hills and Perring Loch. According to LiveBaltimore.com, “Lauraville is a leafy neighborhood in Northeast Baltimore where residents pride themselves on maintaining a thriving tree canopy. Residents enjoy a suburban feel with tree-lined streets and open parkland as well as walkability and affordability.” Within a half mile of the home is Harford Road, which serves as the area’s main corridor, lined with a variety of local favorites including Koco’s Pub and Zeke’s Coffee. Pharmacies, grocery stores, and entertainment options are all conveniently located within a mile of the home. Nearby bus routes and public transportation options along Harford Road and Cold Spring Lane provide easy access to other parts of the city. For those who enjoy the outdoors, Lauraville is close to some of Baltimore’s most beloved green spaces, including Herring Run Park and Lake Montebello, ideal for walking, biking, or simply enjoying nature. Nearby employers include Morgan State University and MedStar Good Samaritan Hospital.

For more information about the area, please visit:
Lauraville – livebaltimore.com
Lauraville Community Association – www.livelauraville.org
Hamilton Lauraville Main Street – hamiltonlauraville.org

SITE:
Rectangular lot – 0.141 acre, more or less. Plat

Fenced side and rear yards

Rear storage shed

All public utilities

Zoned R-3, residential

IMPROVEMENTS:
One-story ranch-style home, built in 1951, containing 776 square feet above grade and 776 square feet of basement space, according to public tax records. Exterior features include brick and vinyl siding, an architectural shingle roof, concrete block foundation, vinyl clad replacement windows, a wooden side deck and a concrete front porch. The home is arranged as follows: living room, eat-in-kitchen, two bedrooms and full bathroom, on the first floor; unfinished basement; 40 gallon gas water heater, gas forced air heat, central air conditioning and 200 amp electrical service.

TITLE:
In fee simple; sold free and clear of all liens. Baltimore City Deed Book XAC 28132, folio 459.

TAXES:
Published annual real estate taxes are $3,053.84, based on a full value assessment of $129,400.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $10,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by 4 P.M. on the date of the 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, ground rent and 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. The Property will be sold subject to Baltimore City violation notices, 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 except where otherwise mandated by local, State or Federal law. Time is of the essence. A 5% or $2,500 buyer’s premium, whichever is greater, will be added to the final bid price.