"Patterson Park"

Featuring Live & Simulcast Online Bidding

TWO STORY TOWNHOME
~Two Blocks from Patterson Park~

Known As:
3108 E. BALTIMORE STREET
Near S. Ellwood Street
Baltimore City, MD 21224

ONLINE BIDDING OPENS:
MONDAY, SEPTEMBER 13, 2021

LIVE ONSITE AUCTION:
WEDNESDAY, SEPTEMBER 15, 2021 AT 1:00 P.M.

– $75,000 Opening Bid –

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:
3108 E. Baltimore Street is located in the Patterson Park neighborhood of East Baltimore City. Surrounding neighborhoods include Highlandtown, Canton and Upper Fells Point. The property is conveniently located within 2 blocks of Patterson Park, 1 mile from Canton Waterfront Park and within walking distance to the variety of Latino shops and restaurants located in the heart of Highlandtown. The Patterson Park community has a rich multi-cultural history going back over 150 years. The incredibly diverse community surrounds Patterson Park which features ball fields, dog parks and a small boat lake. The park hosts a mix of concerts, organized sports and summer camps throughout the year. The area also has a range of foods from Peruvian food at Chicken Rico to Matthew’s Pizza, Baltimore’s first pizzeria. Residents have easy access to Route 40, which can take commuters to the east/west extremities of Baltimore City, and I-83 for north/south travel. Major employers in the area include Johns Hopkins Hospital, Johns Hopkins Bayview Campus and Amazon Fulfilment Center.

For more information about the area, please visit:
Patterson Park Neighborhood – livebaltimore.com
Patterson Park – baltimorecityparks.com
Patterson Park Neighborhood Association – www.pattersonparkneighbors.org

SITE:
Lot size: 15′ x 75′, more or less. Plat

All public utilities are in the property

Zoning R-8, residential

Enclosed rear porch

10′ alley in the rear of lot

IMPROVEMENTS:
Two story inside group townhome, constructed in 1920, containing 1,570 square feet of living area and 750 square feet of basement space, according to public tax records.

EXTERIOR:

• Brick facade
• Flat built-up roof
• Vinyl clad replacement windows

INTERIOR:

First floor:

• Living room – carpet
• Dining room – laminate flooring
• Kitchen – tile flooring

Second floor:

• Bedroom – carpet
• Bedroom – laminate flooring
• Bedroom – laminate flooring
• Bathroom – laminate flooring

Basement:

• Club room – laminate flooring
• Bonus room – tile flooring
• Bathroom – tile flooring

Mechanical information:

• 60 gallon gas water heater
• Gas forced air heat and central air conditioning
• 100 AMP electrical service

TITLE:
In fee simple; sold free and clear of all liens. Baltimore City Deed Book, Liber FMC 4134, folio 310.

TAXES:
Published annual real estate taxes are $3,333.10 based on a full value assessment of $141,233.
Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property. Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information: Assessment Appeal Process.

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

Live Auction Bidders – a $10,000 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 within 24 hours at the Auctioneer’s office.

Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:30 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 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.

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