Email: info@ajbillig.com
6500 Falls Road, Baltimore, MD 21209
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The property will be open 1 hour prior to the live onsite auction and will be available to view prior to the day of the auction. Please check back for more info.
Live Auction Bidders – A $10,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided).
Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check, is required by 4:00 p.m. on the day of auction. No exceptions. 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.
Live Onsite & Simulcast Online Bidding
$75,000 Opening Bid
HILLEN
TWO STORY TOWNHOME
3 Bedrooms ◆ 1.5 Baths ◆ Garage
Remodeling Needed
Known As
1657 RALWORTH ROAD
Baltimore, MD 21218
Online Bidding Opens
TUESDAY, JUNE 4, 2024
Live Onsite Auction
WEDNESDAY, JUNE 5, 2024
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:
1657 Ralworth Road is situated in north Baltimore, east of Loch Raven Boulevard, west of Hillen Road and one block south of Argonne Drive. The home is a short walk to the renovated Northwood Commons shopping center and Morgan State University. The surrounding neighborhood is predominantly comprised of well kept two story townhomes, built in the 1940’s and 1950’s. According to Bright MLS, recent sales in the neighborhood ranged from $125,000 to $300,000, during the last six months.
SITE:
Rectangular lot 20′ x 99.81′. Plat
Zoning R-5, residential
Public utilities
Alley in rear provides access to garage
Fenced rear yard with concrete patio
IMPROVEMENTS:
Two Story Inside-Group Porchfront Brick Townhome, built in 1941, containing 1,280 square feet of living area, 640 square feet of basement space and 180 square foot garage, according to public tax records.
Exterior
All brick facade, pitched composition shingle roof, vinyl-clad double-hung windows, full concrete block basement foundation.
First Floor
Second Floor
Basement
Mechanical
Gas forced air heat, central air conditioning, gas water heater, circuit breakers.
The home needs cleaning and cosmetic repairs.
TITLE:
The property is in fee simple and sold free and clear of liens. Buyer may select a title company of their choice. However, seller will provide a $500 closing cost credit if Buyer uses Cotton Duck Title Company.
TAXES:
Published annual real estate taxes are $3,134, based on a full value assessment of $132,800.
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: Assessment Appeal Process – dat.maryland.gov
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – A $10,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided).
Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check, is required by 4:00 p.m. on the day of auction. No exceptions.
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, 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, WHERE IS” condition, subject to easements, agreements, restrictions or covenants of record affecting same, if any, and subject to housing violation notices. 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. A 5% buyer’s premium will be added to the final bid price.
