"Greektown"

Rob Goldman Legal Solutions
6800-B Holabird Avenue
Dundalk, MD 21222

ATTORNEY’S AUCTION
$35,000 Suggested Opening Bid

Two Story Porchfront
BRICK TOWNHOME
3 Bedrooms ◆ 1.5 Baths

Sale On Premises
826 UMBRA STREET
Near Johns Hopkins Bayview Campus
Baltimore, MD 21224

THURSDAY, MARCH 2, 2017
AT 1:00 P.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:
826 Umbra Street is located in southeastern Baltimore, three blocks south of the 5000 block of Eastern Avenue and Johns Hopkins Bayview. The surrounding neighborhood is comprised of tidy, two story townhomes, many of which have been renovated. Restaurants and community shopping are within walking distance. I-95 and I-895 are about one mile away, providing easy access to employment centers throughout the metropolitan area. MTA bus service is on Eastern Avenue. Downtown Baltimore is approximately 3 miles to the west.

For additional neighborhood details see Live Baltimore’s web site:
https://livebaltimore.com/neighborhoods/greektown

SITE:
Rectangular lot 16′ x 104’2″
Zoning R7, residential
All public utilities
Fenced rear yard

IMPROVEMENTS:
Two Story Covered Porchfront Inside-Group Brick Townhome, built in 1957, containing 1,024 square feet of living area and 512 square feet of basement space, according to public tax records.

Exterior – brick facade, built-up roof, aluminum rain spouts, vinyl-clad double hung replacement windows

Interior – plaster walls, wood floors throughout

First Floor

• Living Room
• Dining Room
• Kitchen – original wood cabinets, gas range/oven

Second Floor

• 3 Bedrooms
• Full Ceramic Tile Bath

Basement

• Paneled Club Room – vinyl floor
• Laundry/Utility Room – outside exit, toilet, utility sink, dryer

Mechanical – gas forced air heat, gas water heater, 100 amp. electrical service

The home needs updating and cosmetic repairs.

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Book 4337, Page 468.

TAXES:
Published annual real estate taxes are $3,264, based on a full value assessment of $138,300. 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 $5,000 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 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

Auction by order of Joan D. Nickerson, Attorney-In-Fact