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A $3,000 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. 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% or $1,500 buyer’s premium, 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.
Starting Bid: $5,000
“One Block From Druid Hill Park”
2214 WHITTIER AVENUE
Off Druid Park Lake Drive
Baltimore City, MD 21217
ONLINE BIDDING OPENS:
MONDAY, NOVEMBER 14, 2022
ONLINE BIDDING CLOSES:
TUESDAY, NOVEMBER 15, 2022 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.
2214 Whittier Avenue is located in the Parkview/Woodbrook neighborhood in West Baltimore City. Surrounding neighborhoods include Penn North, Mondawmin and Liberty Square. The neighborhood, commonly referred to as Auchentoroly Terrace or Mondawmin, is a vibrant community near Druid Hill Park. According to LiveBaltimore, the neighborhood features an impressive collection of Victorian architecture built between 1876 and 1920. Residents enjoy various neighborhood amenities such as shopping at the Mondawmin Mall, the Druid Hill Farmers Market and recreational activities at the Rawlings Conservatory and the Maryland Zoo.
The area has been the center of significant investments, of which the most notable one is the recreation of Druid Hill Park. $290 million is invested in the park’s redevelopment, which will reshape and modernize the area. Commuters have convenient access to major thoroughfares, I-83 for north/south travel and North Avenue for east/west travel. Public transportation, including bus and metro, are within a half mile of the home. Major employers in the area include Coppin State University, the shops at Mondawmin Mall, and Dietz & Watson.
For more information, please see:
Neighborhoods – livebaltimore.com
Druid Lake Redevelopment Plan – www.bizjournals.com
Lot – 19’6″ x 100′, more or less. Plat
All public utilities
Zoned R-7, Residential
Two story inside-group porchfront townhome. According to public tax records, the property was constructed in 1920 and contains 1,392 square feet of living area and 855 square feet of basement space. The home is believed to be arranged for living room, dining room, kitchen and half-bath on first floor; three bedrooms and bath on second floor; basement. The home is currently vacant.
$120 annual ground rent payable in semi-annual installments on 4/21 and 10/21; sold free and clear of liens. Baltimore City Deed Book MB 22205, folio 16.
Published annual real estate taxes are $2,003.64, based on a full value assessment of $84,900.
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 $3,000 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. 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, 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% or $1,500 buyer’s premium, whichever is greater, will be added to the final bid price.