"Canton"

Live Auction Bidders – A $15,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided).

Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check is required 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 see the Sample Contract.

Law Offices of Adam J. Roa, P.C.
600 Washington Avenue, Suite 202
Towson, MD 21204

Attorney’s Sale

Live Onsite & Simulcast Online Bidding
$100,000 Opening Bid

CANTON

TWO STORY TOWNHOME
– Renovation Potential –

Known As
3404 MUELLER STREET
Baltimore, MD 21224

Online Bidding Opens
MONDAY, APRIL 15, 2024

Live Onsite Auction
TUESDAY, APRIL 16, 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:
3404 Mueller Street is situated in the Canton neighborhood of east Baltimore, east of the 700 block of S. Highland Avenue, west of Baylis Street, south of Foster Avenue and north of Fait Avenue. As described by LiveBaltimore.com, “Canton In Southeast Baltimore is a popular neighborhood for young professionals and newcomers. The waterfront community offers convenient access to shopping, dining, nightlife and recreation. Residents enjoy easy access to two public parks that host a vast array of festivals, summer concert series and community fitness classes as well as a lively community square all within walking distance. Homes range from the traditional Baltimore rowhouse to large, new-construction townhomes, waterfront condos and apartment buildings.”

The auction provides an opportunity to purchase a home and improve it to one’s own taste, or utilize the property as an investment for renovation and resale or as a rental property. The property is believed to be located within the Canton Historic District, providing an opportunity for Commission for Historical and Architectural Preservation (CHAP) credits.

SITE:
Rectangular lot 16′ x 52′. Plat
Zoning R-8, residential
Public utilities
Rear concrete courtyard

IMPROVEMENTS:
Two Story Brick End-of-Group Townhome, built in 1913, containing 988 square feet of living area, plus basement, according to public tax records.

Exterior – formstone front, aluminum double-hung windows, built up roof

Interior – carpeting over wood floors, paneling and acoustical tile ceilings

First Floor – living room, dining room and kitchen with gas range/oven, wood cabinets, laminate counters, sliding doors to rear courtyard

Second Floor – two bedrooms and full bath

Partial Basement – unfinished, washer and dryer

Utilities – Oil, hot water heat, gas water heater, sump pump, 100-amp. electrical service

The home needs updating and cosmetic repairs. Some personal property may remain in the premises.

TITLE:
The property is in fee simple and sold free and clear of liens. Baltimore City Deed Book FMC 10612, Page 453.

TAXES:
Published annual real estate taxes are $4,397, based on a full value assessment of $186,333.

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.

Live Auction Bidders – A $15,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. If necessitated by price, the deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office (company or personal checks for the increased deposit will be accepted at the sale site or wiring instructions will be provided).

Online Auction Bidders – A 10% deposit, payable by wire transfer or cashier’s check is required 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, WHERE IS” condition, 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 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.