"Four By Four"

Live Auction Bidders – a $5,000 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

TWO STORY
PORCHFRONT TOWNHOME
– Currently Rented for $1,300/Month –

Known As:
3208 LYNDALE AVENUE
Baltimore, MD 21213

ONLINE BIDDING OPENS:
MONDAY, JULY 17, 2023

LIVE ON-SITE AUCTION:
WEDNESDAY, JULY 19, 2023 AT 1:15 P.M.

– Starting Bid: $30,000 –

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:
3208 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 – 17′ x 79′, more or less. Plat

Zoned Residential

All public utilities

Lead Certificate

IMPROVEMENTS:
Two story brick, porchfront inside-group townhome – constructed in 1923, containing 1,020 square feet of living area and 510 square feet of basement space, according to public tax records. The home is believed to be arranged as living room, dining room, kitchen, and half bath on the first floor, three bedrooms and full bath on the second floor and basement. The property is rented for $1,300/ month.

TITLE:
$78 ground rent, payable in semi-annual installments on 05/07 and 11/07; sold free and clear of liens. Baltimore City Deed Book Liber SEB 1134, folio 452.

TAXES:
Published annual real estate taxes are $741.04, based on a full value assessment of $31,400.

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

Live Auction Bidders – a $5,000 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. All adjustments, including taxes, rents, ground rent, 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. Security deposits, if any, shall be adjusted at the time of settlement. The property will be sold in “AS IS” condition, and subject to the existing leases of the tenants in place, 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% buyer’s premium will be added to the final bid price.