"Dundalk Area - Broening Manor"

A $5,000 deposit, payable by cashier’s check, will be required of the Purchaser at time and place of sale, if purchased at the live on-site auction. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office.

If the property is purchased online, a 10% deposit shall be paid by wire or cashier’s check by 4:00 p.m. on the day of sale. 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.

Featuring Live & Simulcast Online Bidding
$50,000 Opening Bid

DUNDALK AREA

“Broening Manor”

TWO STORY
TOWNHOME
– End of Group with Parking Potential –

Known As:
1715 MALVERN STREET
Off Holabird Avenue
Baltimore City, MD 21224

ONLINE BIDDING OPENS:
MONDAY, FEBRUARY 5, 2024

LIVE ONSITE AUCTION:
TUESDAY, FEBRUARY 6, 2024
AT 12:00 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:
1715 Malvern Street is situated one block north of Holabird Avenue and two blocks west of Dundalk Avenue in the Broening Manor neighborhood of southeastern Baltimore City. The surrounding area is a mixture of detached homes, townhomes and garden apartments. The neighborhood is convenient to I-95 and I-895. Shops and restaurants, including Jimmy’s Famous Seafood, are within walking distance. Public transportation is along Holabird and Dundalk Avenues. Major employers in the area include Amazon Fulfilment Center, Seagirt Marine Terminal and the Port of Baltimore.

For more information:
Neighborhoods – livebaltimore.com

SITE:
Rectangular lot – 21.5′ x 110′, more or less. Plat
Fenced rear yard with parking potential
Zoning R-7, residential
All public utilities

IMPROVEMENTS:
Two story end of group townhome, according to public tax records the home contains 840 square feet of living area and 420 square feet of basement space. The home is arranged for living room, dining room and kitchen, on the first floor; two bedrooms and bathroom, on the second floor; partially finished basement with a half bathroom. The home is vacant.

TAX INFORMATION:
Published annual real estate taxes are $2,093.32, based on a full value assessment of $88,700.

TITLE:
In fee simple; sold free and clear of liens. Baltimore City Deed Book Liber MB 25172, folio 386.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.

A $5,000 deposit, payable by cashier’s check, will be required of the Purchaser at time and place of sale, if purchased at the live on-site auction. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office.

If the property is purchased online, a 10% deposit shall be paid by wire or cashier’s check by 4:00 p.m. on the day of sale.

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” condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any. The Purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. Purchaser assumes the risk of loss from the date of contract forward. 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.