"Ednor Gardens - Lakeside"

This Auction has been CANCELED.
Sold prior to the auction.

Featuring Live & Simulcast Online Bidding

TWO STORY
BRICK TOWNHOME

Known As
1517 E. 33^RD STREET
Near The Alameda
Baltimore, MD 21218

– CANCELED –

ONLINE BIDDING OPENS:
TUESDAY, JULY 20, 2021

LIVE ONSITE AUCTION BEGINS:
FRIDAY, JULY 23, 2021 AT 11:00 A.M.

– Starting Bid: $40,000 –

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:
1517 E. 33rd Street is located in the Ednor Gardens-Lakeside neighborhood in Northeast Baltimore City. Surrounding neighborhoods include Waverly, Montebello, Original Northwood, and Pen Lucy. According to Live Baltimore’s website, the historic district features various homes ranging from single-family to semi-detached and townhomes in several different styles. The neighborhood was a development of Edward G. Gallagher and his sons, Edward and Norman (Ednor). The Waverly Farmers Market (1 mile) is a significant neighborhood attraction offering a food paradise, filled with seasonal bounty, specialty coffees, and various community events. Lake Montebello (.7 mile) is a 1.4 mile loop, offering multiple recreational activities such as hiking, walking, running, and road biking. The neighborhood offers proximity to major employers such as Johns Hopkins University, Morgan State University, and MedStar Union Memorial. Commuters have easy access to Harford Road for north/south travel and Cold Spring lane for east/west travel and public transportation is available on 33rd Street, The Alameda, and Harford Road.

For more information about the area, please visit:
Ednor Gardens-Lakeside – livebaltimore.com
Baltimore Farmers Markets – baltimore.org

SITE:
Lot size – 22’9” x 120′, more or less. Plat

Zoned R-6 residential

Rear detached garage

All public utilities

IMPROVEMENTS:
Two story brick enclosed porchfront, townhome – constructed in 1928, containing 1,708 square feet of living area and 782 square feet of basement space, according to public tax records.

EXTERIOR:

• Brick Facade
• Stone/Vinyl Enclosed Porch
• Vinyl Replacement Windows
• Flat Built-Up Roof

INTERIOR:

First Floor:

• Living Room – carpet
• Dining Room – carpet
• Kitchen – laminate flooring
• Den – carpet

Second Floor:

• Bedroom – hardwood flooring
• Bedroom – hardwood flooring
• Bedroom – hardwood flooring
• Bedroom – hardwood flooring
• Bathroom – ceramic tile flooring

Basement:

• Partially finished

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

TAXES:
Published annual real estate taxes are $1,655.14, based on a full value assessment of $70,133.
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.
A $5,000 deposit, payable by cashier’s check, will be required of the on-site purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price by 11:00 A.M., Monday, July 26, 2021, at the Auctioneer’s office. If purchased by an online bidder, the full 10% deposit is due by cashier’s check or wire transfer 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. 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.

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