"Ednor Gardens - Lakeside"

Live Auction Bidders – a $15,000 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 with 24 hours at the Auctioneer’s office (wire or cashier’s check).

Online Auction Bidders – a $15,000 or 10% deposit, whichever is greater, payable by wire transfer or cashier’s check by 4:00 P.M. on the day of auction. No exceptions. 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 the Sample Contract.

Featuring Live Onsite & Simulcast Online Bidding
$75,000 Opening Bid

EDNOR GARDENS – LAKESIDE

Two Story Brick
COLONIAL HOME
– Needing Full Renovation –

Sale On Premises:
3310 THE ALAMEDA
Near Lakeside Drive
Baltimore City, MD 21218

Online Bidding Opens
MONDAY, JUNE 24, 2024

Live Onsite Auction Begins
WEDNESDAY, JUNE 26 AT 2:00 P.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:
3310 The Alameda is located in the Ednor Gardens – Lakeside neighborhood in east Baltimore. The Ednor Gardens – Lakeside neighborhood is conveniently nestled near Lake Montebello, a short distance south of Morgan State University, east of Johns Hopkins University and in close proximity to Downtown Baltimore. The neighborhood has hosted millions of area residents and visitors as the one time location of Memorial Stadium, the former home of the Baltimore Orioles and Baltimore Colts. In more recent years the neighborhood has been the site of significant development, but still retains the tree-lined, quaint neighborhood character it has always had. Nearby attractions, in addition to the Universities, include the recreational facilities surrounding Lake Montebello, Herring Run Park, Clifton Park and Sherwood Gardens. Proximity to major employers, schools, recreation, entertainment and dining make the location an ideal place to live.

For more information about the area, please visit:
City Of Baltimore – www.baltimorecity.gov
Neighborhoods – livebaltimore.com
CityView Map – cityview.baltimorecity.gov
Community Development Map – cels.baltimorehousing.org

SITE:
Lot size – 50′ x 120′, more or less

Detached brick garage – accessible via 15′ wide rear alley. Possibility for additional off-street parking for 1-2 vehicles. Mature landscaping.

All public utilities

Zoned R-3 Residential

Block Plat

IMPROVEMENTS:
Two story brick colonial home – constructed in 1939, containing 1,644 square feet of living area above grade and 822 square feet of partially finished basement space. The property features a slate roof, vinyl-clad replacement windows, aluminum down spouts and rain gutters and all brick exterior. Arranged as follows: living room, dining room, kitchen, powder room and butler’s pantry, on the first floor; three bedrooms and full bath, on the second floor; pull down attic; partially finished basement. The property is in poor condition, requiring full renovation.

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

TAXES:
Current annual real estate taxes are $3,920.74, based on a full value tax assessment of $166,133.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $15,000 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 with 24 hours at the Auctioneer’s office (wire or cashier’s check).

Online Auction Bidders – a $15,000 or 10% deposit, whichever is greater, payable by wire transfer or cashier’s check by 4:00 P.M. on the day of auction. No exceptions.

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, Baltimore City Violation Notices, restrictions or covenants of record affecting same, if any. Purchaser assumes the risk of loss from the date of contract forward. 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.