"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 minimum, buyer’s premium 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 or see the Sample Contract.

– Opening Bid: $15,000 –

CARROLLTON RIDGE

TWO STORY
TOWNHOME

Known As:
2140 WILKENS AVENUE
Near S. Smallwood Street
Baltimore City, MD 21223

BIDDING OPENS:
MONDAY, MAY 1, 2023

BIDDING CLOSES:
WEDNESDAY, MAY 3, 2023 AT 12:45 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:
2140 Wilkens Avenue is located in the Carrollton Ridge neighborhood of southwest Baltimore City. The property is located on Wilkens Avenue, which features various retail shops, restaurants and entertainment venues. Bus lines and other public transportation options are available on Wilkens Avenue, Fulton Avenue and Monroe Street. Gwynns Falls Park, located less than 10 minutes away, offers various recreational activities such as trail hiking and golf courses. The property is also located approximately 10 blocks west of Baltimore’s Inner Harbor. Nearby employers include Bon Secours Hospital, St. Agnes Hospital, the Horseshoe Casino, and many others throughout the Carroll-Camden industrial area, Stadium Complex and Downtown Baltimore. Monroe Street (US-1) provides proximate access to the Baltimore Washington Parkway (MD-295) and I-95.

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

SITE:
Lot – 14′ x 80′, more or less. Plat

All public utilities

Zoned R-8, Residential

IMPROVEMENTS:
Two-story inside-group townhome constructed in 1920, according to public tax records. The home is believed to be arranged for living room, dining room and kitchen, on the first floor; three bedrooms and bathroom, on the second floor; unfinished basement. The home requires full renovation. A new roof was installed within the last 2 years. The property is vacant.

TITLE:
In fee simple; sold free and clear of liens. Baltimore City Deed Book Liber XAC 25523, folio 84.

TAXES:
Published annual real estate taxes are $479.86, based on a full value assessment of $20,333.

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. 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 and 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. 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 minimum, buyer’s premium will be added to the final bid price.