"Abell"

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 September 11, 2024 at 4 P.M. 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. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.

$50,000 Opening Bid

ABELL

TWO STORY
SHELL TOWNHOME

Known As
3234 BARCLAY STREET
Near E. 33rd Street
Baltimore, MD 21218

Bidding Opens
MONDAY, SEPTEMBER 9, 2024

Bidding Closes
WEDNESDAY, SEPTEMBER 11, 2024
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.

LOCATION:
3234 Barclay Street is located in the Abell neighborhood of north Baltimore, between 32nd and 33rd Streets. Known for its colorful “Painted Lady” rowhomes, the neighborhood is a beloved and quiet residential community in Baltimore City. A mixture of townhomes in varying sizes and a community commercial district along 33rd Street and Greenmount Avenue can be found in the surrounding area. The home is convenient to public transportation, with numerous bus lines along E. 33rd Street and Greenmount Avenue, and I-83 and is within one mile of Wyman Park, the Baltimore Museum of Art, and the former home to the historic Memorial Stadium. Proximity to Johns Hopkins University and MedStar Union Memorial Hospital provides a stable employment base in the area. According to LiveBaltimore.com, “Residents enjoy shopping at the nearby 32nd Street Farmers Market, walking to the family-friendly Peabody Heights Brewery, and participating in annual community events like the Abell Community Street Fair in September, a Memorial Day Picnic, and the New Year’s Eve Progressive Dinner, a night where neighbors move from house to house for each course of the night’s meal. The dinner culminates in a champagne toast at the final home of the night.”

For more information, please see:
Abell – livebaltimore.com
Abell Improvement Association – www.abellimprovement.org
32nd Street Farmers Market – www.32ndfm.org

SITE:
Rectangular lot 13’1″ x 92’6″. Plat
Fenced rear yard
Zoning R-7, residential
All public utilities

IMPROVEMENTS:
Two story inside-group brick townhome, built in 1900, containing 1,170 square feet of living area and 585 square feet of basement space, according to public tax records. The home is arranged for a living room, dining room and kitchen on the first floor; two bedrooms and a full bath on the second floor; unfinished basement. Mechanical information for the property includes gas forced air heat, central air conditioning, a gas water heater, and a 100 AMP electric panel.

The home is vacant and requires renovation.

TITLE:
Subject to a $72 ground rent payable in semi-annual installments on the 1st days of March and September. Sold free and clear of liens. Baltimore City Deed Book MB 19705, Page 346.

TAXES:
Published annual real estate taxes are $2,806.04, based on a full value assessment of $118,900.

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 September 11, 2024 at 4 P.M. 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. 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.

Disclosure of Licensee Status