"Ramblewood"

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

ONLINE REAL ESTATE AUCTION
– $65,000 Opening Bid –

TWO STORY TOWNHOME
19’+ Wide Home – Off-Street Parking Potential

Known As
1335 SHERWOOD AVENUE
Near Glenkirk Road
Baltimore, MD 21239

– CANCELED –

BIDDING OPENS:
TUESDAY, MAY 11, 2021

BIDDING CLOSES:
FRIDAY, MAY 14, 2021 AT 11:00 A.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:
1335 Sherwood Avenue is located in the Ramblewood neighborhood in North Baltimore. Ramblewood is located between E. Northern Parkway (northern boundary), E. Belvedere Avenue (southern boundary), The Alameda (western boundary) and Loch Raven Boulevard (eastern boundary). Surrounding neighborhoods include Loch Raven, Glen Oaks, Woodbourne Heights and Idlewood. The neighborhood features predominantly brick townhomes constructed in the 1950’s with front and rear yards.

Good Samaritan Hospital is located near the southeastern corner of the neighborhood. Other major nearby employers include several Universities, including Morgan State, Towson and Loyola. Loch Raven Boulevard provides good access to The Baltimore Beltway (I-695), and Northern Parkway provides a direct route to the Jones Falls Expressway (I-83). I-95 is about 6 miles east. Retail, dining and neighborhood services are all in close proximity, including Belvedere Square a little over one mile west, and several retail strips along Loch Raven Boulevard and Taylor Avenue.

For more information about the area, please visit:
Ramblewood – livebaltimore.com
CityView Map – cityview.baltimorecity.gov

SITE:
Lot size – 19’2″ x 131′, more or less. Plat

Front and rear yards. Wide alley access with off-street parking potential. Storage shed.

All public utilities

Zoned R-5 Residential

IMPROVEMENTS:
Two story brick inside-of-group townhome – according to public tax records, the house was constructed in 1953, contains 1,064 square feet of living area and 532 square feet of basement area.

Exterior:

• All brick exterior
• Covered front porch
• Vinyl-clad replacement windows
• Asphalt shingle roof

Interior:

First floor –

• Living room – laminate floor
• Dining room – laminate floor
• Kitchen – laminate tile, ceramic backsplash, laminate countertops

Second floor –

• Bedroom – carpet
• Bedroom – carpet
• Bedroom – carpet
• Bathroom – ceramic tile floor and surround, shower/tub

Basement/mechanical-

• Unfinished basement
• Radiant heat

More information and photos coming soon!

TITLE:
Subject to an annual $96 ground rent (payable in semi-annual installments on 3/26 and 9/26); sold free and clear of liens.

TAXES:
Published annual real estate taxes are $2,380.46, based on a full value assessment of $100,867.

SUMMARY TERMS OF SALE – PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A $7,500 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by 4:30 P.M. on the day of the auction. 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 and 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. 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!