"Central Park Heights"

ONLINE REAL ESTATE AUCTION
– Suggested Starting Bid: $5,000 –

TWO STORY
PORCHFRONT TOWNHOME

Known As
4914 QUEENSBERRY (A/K/A QUEENSBURY) AVENUE
Off Oakley Avenue
Baltimore, MD 21215

BIDDING OPEN:
MONDAY, MAY 18, 2020

BIDDING CLOSE:
WEDNESDAY, MAY 20, 2020 AT 12:00 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.

LOCATION:
4914 Queensberry Avenue is located in the Central Park Heights neighborhood in northwest Baltimore City. Surrounding neighborhoods include Cylburn, Lucille Park, Pimlico Good Neighbors and Arlington. The property is located within a quarter mile of Pimlico Race Track and 1.5 miles from Cylburn Arboretum. The property is off of W. Belvedere Avenue, which has a variety of dining, retail and entertainment options. Major employers in the area include Sinai Hospital (1.4 miles) and Pimlico Race Course. Commuters have easy access to Northern Parkway (1 mile), Rogers Avenue Metro Station (1 mile) and I-83 (2.5 miles).

SITE:
Lot size: 21’4″ x 89’1″

Fenced rear yard

Rear parking pad

IMPROVEMENTS:
Two story brick inside group porchfront townhome. The home contains living room, dining room, kitchen, on the first floor; three bedrooms and a bath, on the second floor; unfinished basement.

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Book 17141, page 324.

TAXES:
Published annual real estate taxes are $472, based on a full value assessment of $20,000.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $2,500 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in cash or cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, within 24 hours of Wednesday, May 20, 2020 at 12:00 P.M. (the bid closing). 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. The properties will be sold in “AS IS” condition, and subject to easements, agreements, restrictions or covenants of record affecting same, 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.

NO BUYER’S PREMIUM!