"Four By Four"

Live Auction Bidders – a $10,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office.

Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on the day of auction, at the Auctioneer’s office. 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

FOUR BY FOUR

THREE STORY
CORNER BUILDING

– Arranged as Meeting Space and 2 Apartments –

Known As:
3160 LYNDALE AVENUE
Baltimore, MD 21213

ONLINE BIDDING OPENS:
MONDAY, JULY 17, 2023

LIVE ON-SITE AUCTION:
WEDNESDAY, JULY 19, 2023 AT 1:00 P.M.

– Starting Bid: $75,000 –

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:
3160 Lyndale Avenue is located in the Four by Four neighborhood in Northeast Baltimore City. The neighborhood was named for its four north-south streets and four east-west streets. Surrounding neighborhoods include Belair-Edison, Berea and South Clifton Park. The home sits off Belair Road, one of Baltimore’s longest north/south thoroughfares. Grocery stores, retail shopping, restaurants, and other entertainment venues are located within walking distance of the property. Clifton Park (0.3 mile away) offers residents an array of recreational activities such as playing fields, golf course and walking paths. Commuters can take advantage of Belair Road for north/south travel and I-95 and I-895 are also within two miles. Major employers in the area include Morgan State University and Johns Hopkins University.

SITE:
Lot size – 55’10” x 84’11”, more or less. Plat

Zoned Residential

All public utilities

Fenced front yard

IMPROVEMENTS:
Three story brick corner building constructed in 1923 and believed to contain approximately 2,550 square feet of gross building area according to public tax records. The building is currently arranged as meeting space on the first floor, and two one-bedroom apartments on the 2nd and 3rd floors, respectively. The apartment units have been recently renovated and the building is currently vacant.

First floor:

• Meeting space with separate entrances
• Previously used as church/meeting hall
• Fenced front yard
• Vinyl clad replacement windows

Second floor (Apartment A):

• Living room/ Dining Room – Laminate floor
• Kitchen – Laminate floor, stainless steel appliances, electric range/oven
• Bedroom – Laminate floor
• Full bathroom – Ceramic tile floor

Third floor (Apartment B):

• Living room/ Dining Room – Laminate floor
• Kitchen – Laminate floor, stainless steel appliances, electric range/oven
• Bedroom – Laminate floor
• Full bathroom – Ceramic tile floor

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

TAXES:
Published annual real estate taxes are $2,272.68 based on a full value assessment of $96,300.

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. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office.

Online Auction Bidders – a 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on the day of auction, at the Auctioneer’s office.

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. Purchaser assumes the risk of loss from the date of contract forward. The Property will be sold subject to Baltimore City violation notices, if any. 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.