"Easterwood - Near Coppin State University"

Near Coppin State University

TWO STORY
PORCHFRONT TOWNHOME

1510 N. SMALLWOOD STREET
Baltimore, MD 21216
Near Presstman St.

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 property is located in the Easterwood neighborhood of West Baltimore, surrounded by the Coppin Heights, Druid Heights, and Mondawmin neighborhoods. Easterwood is located immediately east of Coppin State University. Metro service is within about 5 blocks, and the West Baltimore MARC train station is about 1.5 miles south of the property. The Easterwood neighborhood consists primarily of porchfront townhomes built in the 1920’s. Housing on the immediate block is well-kept and owner and tenant occupied. This property is walking distance to local schools, commercial district, and easy commute into the shops and restaurants of downtown Baltimore.

For more information about the area, please visit:
https://livebaltimore.com/neighborhoods/easterwood/#.WtTDHC4bOUk

SITE:
Lot: 19′ Front by 100′ Depth

All public utilities

Zoned R-6

Tax ID:0315382322049

IMPROVEMENTS:
Two story brick with vinyl siding, inside group porchfront townhome – built in 1920, estimated 1,932 square feet of living area and estimated 966 square feet of basement area.

Exterior:

• Vinyl Siding
• Fenced-in front and rear yards
• Vinyl Clad Windows
• Flat Built-Up Roof
• Street Parking

First Floor:

• Living Room – Laminate wood floor
• Kitchen – Laminate wood floor, granite counters, electric cooktop, and electric oven
• Half Bath – Tile floor
• Washer/Dryer hookup

Second Floor:

• Master Bedroom – Carpet, large walk-in closet
• Second Bedroom – Carpet with small closet
• Full Bath – Tile Floor – Jacuzzi tub and stand up shower

Basement:

• Unfinished – large room
• 200 Amp Electric Service Panel
• Gas Water Heater
• Gas forced air heat

TAXES:
Current annual real estate taxes are $566.40 based on a full value assessment of $24,000 according to public tax records. 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

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

TERMS OF SALE:
A 10% deposit, payable by certified check or 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, 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, 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. A 5% buyer’s premium will be added to the final bid price.