"Darley Park"

This Auction has been CANCELED.

$15,000 Opening Bid

DARLEY PARK

TWO STORY
TOWNHOME

Known As:
1666 DARLEY AVENUE
Near Harford Rd.
Baltimore, Maryland 21213

CANCELED

BIDDING OPENS:
MONDAY, AUGUST 26, 2024

BIDDING CLOSES:
TUESDAY, AUGUST 27, 2024
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:
1666 Darley Avenue is located in the Darley Park neighborhood of East Baltimore City. The property sits a short distance east of Harford Road and south of E. 25th Street, providing easy access south to Downtown and surrounding areas. Clifton Park, which features a golf course, tennis courts, and other recreational activities, is less than one-half mile east of the home. Residents of the area are within walking distance to various restaurants, shops, and entertainment options along Harford Road and E. North Avenue. The Belair Edison Crossing shopping center is just over a mile northeast of the property, which provides residents with a grocery store, department store, and multiple other businesses. Public transportation is available nearby, with various bus lines located along Harford and Belair Roads. Major employers nearby include Johns Hopkins Hospital, Morgan State University, and MedStar Union Memorial Hospital.

For more information about the area, please visit:
Darley Park – livebaltimore.com
CityView Map – cityview.baltimorecity.gov
Community Development Map – cels.baltimorehousing.org

SITE:
Rectangular lot – 14′ x 70′, more or less. Plat
Zoning R-8, residential
All public utilities

IMPROVEMENTS:
Two story inside-group brick townhome, constructed in 1920 according to public tax records. The home is believed to contain living room, dining room and kitchen, on the first floor; three bedrooms and bathroom, on the second floor; unfinished basement. The home is occupied and there is no knowledge of a lease.

TITLE:
Subject to a $90 ground rent payable in semi-annual installments on the 12th days of May and November. Sold free and clear of all liens. Baltimore City Deed Book MB 21816, page 285.

TAXES:
Published annual real estate taxes are $1,008.50, based on a full value assessment of $42,733.

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.
A $5,000 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 4 P.M. on the day of auction. 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. 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 settlement 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 6% or $2,500 buyer’s premium, whichever is greater, will be added to the final bid price.