"Carrollton Ridge"

A $3,000 deposit, or 10% of the purchase price (whichever is greater), payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on the day of the auction at the Auctioneer’s office, 6500 Falls Road, Baltimore, MD 21209. When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount. A 5% or $1,500 buyer’s premium, whichever is greater, will be added to the final bid price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.

$5,000 Opening Bid

CARROLLTON RIDGE

THREE STORY BRICK
TOWNHOME

Known As:
1845 MCHENRY STREET
Off S. Monroe Street
Baltimore City, MD 21223

BIDDING OPENS:
MONDAY, JANUARY 2, 2023

BIDDING CLOSES:
WEDNESDAY, JANUARY 4, 2023
AT 11:30 A.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:
1845 McHenry Street is located in the Carrollton Ridge neighborhood in Southwest Baltimore City. Surrounding neighborhoods include New Southwest/Mount Clare, Mill Hill and Shipley Hill. The home is within close proximity to Wilkens Avenue which hosts many restaurants and shops. Gwynns Falls Park, located less than 10 minutes away, offers various recreational activities such as trail hiking and golf courses. Local employers include Saint Agnes Hospital, Grace Medical Center, and the Horseshoe Casino. Commuters have a variety of travel options, including multiple bus routes on Wilkens Avenue, Route 40 for east/west travel, and I-95 for north/south travel.

For more information, please see:
Neighborhoods – livebaltimore.com

SITE:
Rectangular lot – 14’5″ x 90′. Plat
Zoning R-8, residential
All public utilities

IMPROVEMENTS:
Three story brick townhome constructed in 1915, according to public records. The home is believed to be arranged as living room, dining room, kitchen, on first floor; two bedrooms and bathroom, on second floor; two bedrooms on the third floor. The home is believed to require full renovation.

TAX INFORMATION:
Published annual real estate taxes are $542.80, based on a full value assessment of $23,000.

TITLE:
Subject to a $49 annual ground rent payable in semi-annual installments on 5/1 and 11/1 (unregistered); sold free and clear of liens. Baltimore City Deed Book Liber FMC 12281, folio 335.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $3,000 deposit, or 10% of the purchase price (whichever is greater), payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on the day of the auction at the Auctioneer’s office, 6500 Falls Road, Baltimore, MD 21209. 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 or damage to the property from the date of contract forward. The Property will be sold subject to Baltimore City violation notices, 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. 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% or $1,500 buyer’s premium, whichever is greater, will be added to the final bid price.