"Hampden National Historic District"

REAL ESTATE AUCTION

55′ x 58′
RESIDENTIAL PARCEL

Sale On Premises
SWEET AIR STREET
Block 3523 Lot 067
Baltimore City, MD 21211

TUESDAY, MAY 23, 2017
AT 11:00 A.M.

– Suggested Opening Bid: $20,000 –

      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:
The property is located in the Hampden Neighborhood in north Baltimore City, and is part of the Hampden National Historic District. Hampden is well known for its eclectic stores, restaurants and annual festivals, including the Mayor’s Christmas Parade and Honfest. Significant development has been going on in the area for the last several years. Recent projects near the subject property include Whitehall Mill, Clipper Mill, new home construction on Berry Street, major improvements to the Academy for College and Career Exploration and numerous home renovations. The property is close to Roosevelt Park, Light Rail Service and a bike route along Clipper Mill and Falls Roads.

For more information about the area, please see:
https://livebaltimore.com/neighborhoods/hampden
http://baltimore.org/neighborhoods-maps-transportation/hampden
and
http://hampdenmerchants.com/

SITE:
Clear, mostly level lot 55′ front by 58′ deep, or 3,190 square feet, more or less.

Known as Block 3523 Lot 067

Zoned R-7 Residential
For more information about the current Baltimore Zoning Code, please visit:
http://ca.baltimorecity.gov/codes/Art%2000%20-%20Zoning.pdf

To be Zoned R-6 Residential
For more information about the Transform Baltimore Zoning Code, please visit:
http://planning.baltimorecity.gov/programs/transform-baltimore

Public water and sewer are believed to be in the street

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

TAXES:
Published annual real estate taxes are $73.16 based on a full value assessment of $3,100.

TERMS OF SALE:
A $2,500 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office. 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. Time is of the essence.

NO BUYER’S PREMIUM!