"Gwynns Falls Park Area"

A $3,500 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. card and immediately voided, you will not be charged the deposit amount. A 5% buyer’s premium or a $1,500 minimum fee (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.

– Opening Bid: $15,000 –

GWYNNS FALLS PARK AREA
“Franklintown Road”

TWO STORY
PORCHFRONT TOWNHOME

Known As
1123 N. LONGWOOD STREET
Baltimore City, MD 21216

BIDDING OPENS:
MONDAY, MARCH 20, 2023

BIDDING CLOSES:
TUESDAY, MARCH 21, 2023 AT 11:00 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:
1123 N. Longwood Street is located in the Franklintown Road neighborhood in southwest Baltimore City. Surrounding neighborhoods include Penrose/Fayette Street Outreach, Rosemont, and Mosher. The area primarily consists of townhomes with convenient access to greenery, with Leakin Park and Gwynns Falls Park located within immediate proximity. The parks offer residents various recreational activities such as hiking, biking, and sports fields. The home sits a short distance above US-40 (Edmondson Avenue), one of Baltimore’s major east/west roads, which hosts many food, retail, and entertainment venues. Downtown Baltimore is roughly 3 miles east, and the Baltimore Beltway (I-695) is approximately 3 miles west. Major employers in the area include the shops at Mondawmin Mall, Westside Shopping Center, and Coppin State University.

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

SITE:
Lot size – 21′ x 90′, more or less. Plat

The lot features a fenced rear yard with a 1 car parking space.

All public utilities.

Zoned R-6 Residential

IMPROVEMENTS:
Two Story Brick Townhome – built 1935, containing 1,470 square feet of living area and 735 square feet of basement space, according to public tax records.

Exterior:

• Brick facade
• Flat built up roof
• Vinyl clad replacement windows
• Open front porch

Interior:

First floor –

• Entrance foyer
• Living room – wood floor
• Dining room – wood floor
• Kitchen – laminate floor, wood cabinets, electric stove/oven

Second floor –

• Bedroom – wood floor
• Bedroom – wood floor
• Bedroom – wood floor
• Full bath – laminate tile floor

Basement/Mechanical –

• Unfinished basement
• Laundry/utility room
• 38 Gallon gas water heater

TITLE:
The property is subject to a $96 ground rent payable in semi-annual installments on March 1 and September 1; sold free and clear of liens. Baltimore City Deed Book FMC 9775, folio 136.

TAXES:
Published annual real estate taxes are $275.34 based on a full value tax assessment of $11,667.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $3,500 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% buyer’s premium or a $1,500 minimum fee (whichever is greater) will be added to the final bid price.