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– Starting Bid: $10,000 –
TWO STORY
TOWNHOME
Known As:
1628 N. ASHBURTON STREET
Off Baker Street
Baltimore City, MD 21216
BIDDING OPEN:
FRIDAY, OCTOBER 22, 2021
BIDDING CLOSE:
TUESDAY, OCTOBER 26, 2021 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:
1628 N. Ashburton Street is located in the Coppin Heights neighborhood in West Baltimore City. Surrounding neighborhoods include Easterwood, Mondawmin and Walbrook. The home is located within walking distance to both Coppin State University and the shops at Mondawmin Mall, both major employers in the area. Residents have convenient access to major commuter roads such as North Avenue, for east/west travel, and Hilton Parkway, for north/south travel. The home is within 10 minutes of both I-695 and I-83, also major commuting routes. North Avenue provides a variety of shops, restaurants, retail and entertainment venues. Located within 15 minutes of Baltimore’s Inner Harbor, the home is centrally located and provides convenient living. Nature lovers can take advantage of Leakin Park and Druid Hill Park, all within 10 minutes, for hiking trails, grass fields and recreation centers.
For more information, please see:
Neighborhoods – livebaltimore.com
SITE:
Lot – 14′ x 100′, more or less. Plat
All public utilities
Zoned R-8
IMPROVEMENTS:
Two story inside group brick porchfront townhome constructed in 1920, according to public tax records. The home is believed to be arranged for living room, dining room and kitchen, on first floor; 3 bedrooms and bath, on second floor; unfinished basement. The property is vacant and needs renovation.
TITLE:
In fee simple; sold free and clear of liens. Baltimore City Deed Book SEB 4212, folio 94.
TAXES:
Published annual real estate taxes are $448.40, based on a full value assessment of $19,000.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $3,000 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 Tuesday, October 26 at 4:00 P.M. 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 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 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. Subject to a 5% buyer’s premium or $1,000 minimum fee.