Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209
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ONLINE REAL ESTATE AUCTION
“Hanlon Park Condominiums”
Garden Apartment
CONDOMINIUM UNIT
1 Bedroom ◆ 1 Bathroom ◆ Balcony
KNOWN AS:
3319 LIBERTY HEIGHTS AVENUE
UNIT 103
Near Hilton Road
Baltimore, MD 21215
BIDDING OPEN:
THURSDAY, APRIL 2, 2020
BIDDING CLOSE:
MONDAY, APRIL 6, 2020 AT 12:00 P.M.
$20,000 Suggested 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:
The unit is located in Hanlon Park Condominium in the Forest Park neighborhood of West Baltimore. Surrounding neighborhoods include Ashburton, Hanlon-Longwood and Garwyn Oaks. Located on Liberty Heights Avenue, which offers many dining, retail and entertainment options, the unit is centrally located to many of the area’s amenities and activities – The Baltimore Zoo (1.5 miles), Mondawmin Mall (1.2 miles), and Baltimore City Community College (0.6 mile). Nature lovers can take advantage of the scenic parks in the area including Hanlon Park, Leakin Park and Druid Hill Park. Major employers in the area include Dietz & Watson, Coppin State University, the shops at Mondawmin Mall and Baltimore City Community College.
For more information about the area, please visit:
Neighborhoods – livebaltimore.com
Enroll – www.baltimorecityschools.org
Hanlon Park Condos – hanlonparkcondos.wordpress.com
CONDOMINIUM:
Monthly condominium fee is $225. Included in fee is common area and lawn maintenance, trash removal and water.
By-Laws of Hanlon Park Condominium Association, Inc.
Approved Budget for Hanlon Park Condominium Association, Inc.
UNIT 103:
Located in a four story brick building, amongst other buildings within the condominium association, the unit contains 645 square feet of living area. According to public tax records, the unit was built in 1984. The unit is arranged as follows:
TITLE:
In fee simple; sold free and clear of liens.
TAXES:
Published annual real estate taxes are $608, based on a full value assessment of $25,800.
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 Monday, April 6, 2020 at 12:00 Noon (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, condominium fees, 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, subject to easements, agreements, restrictions or covenants of record affecting same, if any, and subject to the Declaration and By-Laws of Hanlon Park Condominium. Purchaser assumes the risk of loss from the date of contract forward. The purchaser agrees to waive the right of rescission under Maryland Condominium Law, having reviewed the condominium resale package prior to the time of sale. 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% buyer’s premium will be added to the final bid price.
