A $3,000 or 10% deposit, 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 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. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.
ABSOLUTE AUCTION TO THE
HIGHEST BIDDER ABOVE $5,000
0.036 ± ACRE
– Former Tavern Building –
328 S. BENTALOU STREET
Next to Westside Shopping Center
Baltimore City, Maryland, 21223
MONDAY, APRIL 24, 2023
TUESDAY, APRIL 25, 2023 AT 11:15 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.
328 S. Bentalou Street is located in the Carrollton Ridge neighborhood in Southwest Baltimore City. Surrounding neighborhoods include New Southwest/Mount Clare, Mill Hill and Shipley Hill. The property is situated off Frederick Avenue next to the Westside Shopping Center. Proximate to the traffic off both Frederick Avenue and Wilkens Avenue, the property is conveniently accessible for vehicles and foot traffic. There are bus lines available on Wilkens Avenue, S. Monroe Street, S. Fulton Avenue and Pratt Street, all within a half mile. Local employers include Saint Agnes Hospital, Grace Medical Center and Horseshoe Casino.
For more information about the area, please visit:
Neighborhoods – livebaltimore.com
Lot size – 0.036 acre, more or less, according to public tax records. Plat
Approximate dimensions are 24′ x 81’2″
Public utilities are believed to be available.
The property is located in an R-8 general residence district. The lot was previously used as a commercial tavern space. The building has since been demolished.
In fee simple; and sold free and clear of liens. Baltimore City Deed Book Liber MB 21465, Folio 161.
Published annual real estate taxes are $562.46, based on a full value assessment of $23,833.
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 or 10% deposit, 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 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, 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 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. 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. A 5% or $1,500 buyer’s premium, whichever is greater, will be added to the final bid price.