"North Baltimore - Pen Lucy"

 BUY IT NOW: $50,000 

“Pen Lucy”

2½ Story Porchfront
VICTORIAN COTTAGE
4 Bedrooms ◆ 2 Baths

3934 FRISBY STREET
Off Argonne Drive 21218

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:
3934 Frisby Street is located just north of Argonne Drive and one block east of Old York Road, in north Baltimore, two blocks east of Guilford. The surrounding neighborhood is a mixture of detached homes, townhomes and apartments. Public transportation and community parks are within the neighborhood. Shopping and employment centers are close by.

SITE:
Rectangular lot – 38’9″ x 127’5″
Zoning R5, residential
All public utilities
4-car off-street parking in rear

IMPROVEMENTS:
Two and one-half story Victorian-style cottage has covered front porch, covered rear patio, vinyl siding, composition shingle roof, stone foundation, gas forced air heat and central air conditioning.

First Floor

• Living Room (15′ x 12′) – carpeting
• Dining Room (13′ x 11′) – carpeting
• Kitchen (13′ x 11′) – ceramic tile floor, updated wooden cabinets, ceramic tile counters, dishwasher, gas range/oven, refrigerator
• Full Bathroom – ceramic tile, large soaking tub
• Laundry Area

Second Floor

• Bedroom #1 (21′ x 13′) – carpeting, walk-in closet
• Bedroom #2 (15′ x 11′) – carpeting
• Full Bathroom – wood floor, large soaking tub

Third Floor

• Bedroom #3 (12′ x 10′) – carpeting
• Bedroom #4 (12′ x 10′) – carpeting

Basement

• Family Room
• Utility Room

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Liber 17501, Folio 85.

TAXES:
Published annual real estate taxes are $2,860, based on a full value assessment of $119,000. 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

TERMS OF SALE:
A 10% deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. 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 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.

No buyer’s premium.