"North Baltimore - Pen Lucy Neighborhood"

To The Highest Bidder Over $10,000

Estate Sale

NORTH BALTIMORE
– Pen Lucy Neighborhood –

TRADITIONAL HOME
ON 0.10 ACRE LOT
– Raze or Rehabilitate –

Known As:
500 E. 42ND STREET
Near York Road & Greenmount Avenue
Baltimore City, Maryland 21218

Online Bidding Opens
TUESDAY, JULY 7, 2026

Online Bidding Closes
THURSDAY, JULY 9, 2026
AT 12:15 P.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.

GENERAL INFORMATION:
Estate Sale of a three story traditional home in the Pen Lucy Neighborhood in North Baltimore. The home is fire damaged, mostly gutted and suitable for comprehensive renovation or razing. The property is located one-half block east of where Greenmount Avenue becomes York Road, providing excellent proximity to shopping, dining and major employers both north and south. The auction is being conducted to the highest bidder over $10,000, and the seller will consider offers made in advance of the auction.

LOCATION:
500 E. 42nd Street is located in the Pen Lucy Neighborhood in North Baltimore. Surrounding neighborhoods include Guilford, Wilson Park, Waverly, Ednor Gardens-Lakeside and Original Northwood. Several major institutions are located within a short distance of the property, including Loyola University (less than 1 mi.), Notre Dame of Maryland University (approx 1 mi.), Johns Hopkins University (approx 1 mi.), Morgan State University (1.7 mi) and Towson University (3.5 mi.). Shopping, dining and entertainment options are all located along York Road and Greenmount Avenue, in addition to Charles Street, E. Cold Spring Lane, The Alameda and Loch Raven Boulevard. Immediately surrounding properties include a new (2018) apartment building, vacant lot, traditional homes and a religious facility.

For more information about the area, please visit:
Live Baltimore – livebaltimore.com
CoDeMap – cels.baltimorehousing.org
CityView Map – experience.arcgis.com

SITE:
Lot size: 35′ x 130′, more or less, according to public tax records, comprising 4,550 square feet or 0.104 acre.

The property is believed to be in an OR-1 (Office/Residential) district.

Block Plat

Cityview Map

IMPROVEMENTS:
Three story frame home – constructed in 1900 and containing 2,480 square feet of gross building area, according to public tax records. Actual square footage believed to be larger.

The home is fire damaged, and has been mostly gutted. Full renovation or razing will be required. No access is to be provided to the interior of the building.

The property is being sold subject to any outstanding citations or violation notices, including but not limited to a known Vacant Building Notice (Notice Number: 2360189A). Any fines applicable to outstanding citations or violation notices will be prorated as of the contract date, with seller responsible for any outstanding funds owed prior to the date of contract. Buyers are encouraged to do their own due diligence with respect to permits, zoning, property use, notices, fines and any other conditions impacting the property.

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

TAXES:
Current annual real estate taxes are $702.50, including City, County and State taxes, based on a full value tax assessment of $29,767.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $5,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on the day of auction, at the Auctioneer’s office. 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, restrictions or covenants of record affecting same, if any. The Property will be sold subject to Baltimore City citations and violation notices, including but not limited to Notice Number: 2360189A. 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 6% or $2,500 buyer’s premium, whichever is greater, will be added to the final bid price.

Sale by Order of the Estate of David G.S. Greene