"Upton - Heritage Crossing"

BUY IT NOW: $65,000

c. 1983
THREE STORY
BRICK TOWNHOME

700.5 BRUNE STREET
Off Harlem Avenue
Baltimore City, MD 21201

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:
700.5 Brune Street is located in the Upton neighborhood of west Baltimore City. Surrounding neighborhoods include Madison Park, Heritage Crossing, Harlem Park and Druid Heights. The home is situated within close proximity to Martin Luther King Jr. Boulevard, which features dining, retail and entertainment options. Lexington Market, Royal Farms Arena and the Baltimore Convention Center are also close by attractions. Commuters can take advantage of Route-40 (0.3 miles) for east/west travel and Martin Luther King Jr. Boulevard (0.4 miles) for north/south travel. Major employers in the area include the University of Maryland Medical Center, University of Maryland, Baltimore and The University of Baltimore.

For more information, please see:
https://livebaltimore.com/neighborhoods/

SITE:
Lot – 14′ x 67′, more or less

Zoned Residential

All public utilities

IMPROVEMENTS:
Three story inside group, brick townhome – according to public tax records the home was constructed in 1983. 

INTERIOR:

First floor:

• Living room – carpet
• Eat in kitchen – laminate

Second floor:

• Bedroom – carpet
• Bedroom – carpet
• Bathroom – laminate

Third floor:

• Bedroom – carpet with en suite half bath
• Bedroom – carpet

Basement/mechanical

• Finished basement – laminate
• Half bathroom
• Sump pump
• 40 gallon gas water heater
• 200 AMP electric
• W/D hook up
• Gas forced air heat

TITLE:
Subject to an annual $240 ground rent payable in semi-annual instalments on 3/9 and 9/9; sold free and clear of liens. Deed Liber 18803, Folio: 223.

TAXES:
Published annual real estate taxes are $873, based on a full value assessment of $37,000. 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:
http://dat.maryland.gov/realproperty/Pages/Assessment-Appeal-Process.aspx

SUMMARY TERMS OF SALE – PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A 10% deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. 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 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. A 5% buyer’s premium will be added to the final bid price.