"Better Waverly"

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

ONLINE REAL ESTATE AUCTION

TWO STORY
BRICK TOWNHOME
– Previously Rented for $1,300 –

Known As:
2607 BOONE STREET
Off E. 27th Street
Baltimore, MD 21218

– CANCELED –

BIDDING OPENS:
MONDAY, AUGUST 23, 2021

BIDDING CLOSES:
THURSDAY, AUGUST 26, 2021 AT 11:30 A.M.

– Starting Bid: $35,000 –

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:
2607 Boone Street is located in the Better Waverly neighborhood of North Baltimore City. Surrounding neighborhoods include Abell, Oakenshawe and Waverly. The area offers a variety of homes, mainly consisting of two story townhomes and the famous red brick homes with green tile roofs built a century ago, that now make up Waverly Main Street. On Saturdays, residents can enjoy the 32nd Street Farmers Market, open year round, that features local favorites such as Dangerously Delicious Pies, Atwaters Breads and Zeke’s Coffee. The area has been the recent focus of major development initiatives, some consisting of a new multi-unit apartment building on 25th St. and Greenmount Avenue, new townhomes being constructed, and recent improvements to many streets off of Greenmount Avenue. Major employers in the area include Johns Hopkins University, Union Memorial Hospital and Cloverland Green Spring Dairy.

SITE:
Lot size – 13′ x 80′, more or less. Plat

Zoned R-8, Residential

All public utilities

Fenced rear yard

IMPROVEMENTS:
Two story brick townhome – constructed in 1920, according to public tax records. The home was previously rented for $1,300.

EXTERIOR:

• Brick Facade
• Vinyl-clad Replacement Windows
• Flat Built-up Roof

INTERIOR:

First Floor:

• Living Room – laminate flooring
• Dining Room – laminate flooring
• Kitchen – tile flooring

Second Floor:

• Bedroom – carpet
• Bedroom – carpet
• Bedroom – carpet
• Bathroom – tile flooring

Basement/Mechanical:

• Unfinished
• Gas forced air heat
• 40 Gallon gas water heater
• 100 AMP electric panel

TITLE:
The property is in fee simple; and sold free and clear of liens.

TAXES:
Published annual real estate taxes are $283.20, based on a full value assessment of $12,000. Baltimore City Deed Book Liber LGA 16993, folio 23.

SUMMARY TERMS OF SALE – Please see the contract of sale for complete terms.
A $5,000 deposit, or 10% of the purchaser price (whichever is greater), payable by cashier’s check or wire transfer, will be required of the Purchaser by 4:30 P.M. on the day of the 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, ground rent, 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. 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. A 5% buyer’s premium will be added to the final bid price.