"Curtis Bay"

A $7,500 deposit or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by Thursday November 3, 2022 at 4:00 P.M. 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% 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 and see the Sample Contract.

–  Starting Bid: $40,000 –

CURTIS BAY

TWO STORY
GARAGE TOWNHOME

Known As
1331 E. PATAPSCO AVENUE
Near Fairhaven Avenue
Baltimore City, MD 21225

BIDDING OPENS:
TUESDAY, NOVEMBER 1, 2022

BIDDING CLOSES:
THURSDAY, NOVEMBER 3, 2022 AT 11:45 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:
1331 E. Patapsco Avenue is located in the Curtis Bay neighborhood of South Baltimore City. The property is on the edge between Curtis Bay and Brooklyn. The community was shaped by the shipping industries surrounding it and has the advantages of living in a large metropolitan city with the comfort of a small town. The property sits on E. Patapsco Avenue, which conveniently features retail, dining and entertainment options. Close by on Ritchie Highway are grocery stores, gyms, coffee shops and the Brooklyn Park Community Library. Major employers in the area include MedStar Harbor Hospital and the Maryland Cruise Terminal, in addition to local industrial jobs within the community. Brooklyn provides commuters easy and convenient access to major highways, including I-95, I-695, and I-895.

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

SITE:
Lot size – 16’2″ x 70′, more or less. Plat

Zoned R-7, residential

All public utilities

IMPROVEMENTS:
Two-story inside-group townhome – constructed in 1925, containing 1,024 square feet of living area and 512 square feet of basement space, according to public tax records. The home is arranged for a living room, dining room and kitchen, on first floor; three bedrooms and bathroom, on second floor; partially finished basement with a flush and one car garage. The home needs cosmetic updates.

TITLE:
In fee simple; sold free and clear of liens.

TAXES:
Published annual real estate taxes are $708 based on a full value assessment of $30,000.

SUMMARY TERMS OF SALE – PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A $7,500 deposit or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by Thursday November 3, 2022 at 4:00 P.M. 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 will be added to the final bid price.